Estados financieros detallados de Bank of the James Financial Group, Inc. (BOTJ): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Bank of the James Financial Group, Inc. registró ingresos de $62.5M en el último ejercicio fiscal, con un CAGR de 5 años del 9.6%. El beneficio neto alcanzó $9.0M, con un CAGR a 5 años del 12.6%.
Márgenes de los últimos 12 meses: margen bruto 77.3%, margen operativo 17.0%, margen neto 18.9%. El flujo de caja libre creció a un CAGR del 24.9% en 5 años.
Al precio actual de $27.26, BOTJ cotiza a un P/E de 11.03 y un ROE del 14.30%. La capitalización bursátil es de $124M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $25.9M | $27.9M | $31.7M | $36.4M | $39.5M | $39.3M | $44.2M | $51.4M | $59.0M | $62.5M |
| Coste de Ventas | $4.0M | $4.0M | $4.5M | $5.8M | $7.1M | $1.6M | $1.2M | $9.4M | $14.8M | $13.8M |
| Beneficio Bruto | $22.0M | $23.9M | $27.2M | $30.6M | $32.5M | $37.7M | $42.9M | $42.0M | $44.2M | $48.7M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $10.8M | $11.6M | $12.8M | $14.8M | $16.9M | $18.3M | $19.6M | $20.2M | $21.0M | $22.3M |
| Gastos Operativos | $17.2M | $18.6M | $20.5M | $23.6M | $26.3M | $28.2M | $31.8M | $31.7M | $34.3M | $37.5M |
| Beneficio Operativo | $4.8M | $5.4M | $6.6M | $6.9M | $6.2M | $9.5M | $11.1M | $10.3M | $9.9M | $11.1M |
| EBITDA | $5.6M | $6.2M | $7.6M | $8.6M | $8.2M | $11.5M | $13.7M | $12.2M | $11.9M | $12.5M |
| Gastos por Intereses | $2.3M | $3.0M | $3.8M | $5.3M | $4.5M | $2.1M | $2.1M | $9.6M | $15.4M | $13.8M |
| Beneficio Antes de Impuestos | $4.8M | $5.4M | $6.6M | $6.9M | $6.2M | $9.5M | $11.1M | $10.3M | $9.9M | $11.1M |
| Impuestos | $1.5M | $2.4M | $1.3M | $1.3M | $1.2M | $1.9M | $2.2M | $1.6M | $2.0M | $2.1M |
| Beneficio Neto | $3.3M | $2.9M | $5.3M | $5.6M | $5.0M | $7.6M | $9.0M | $8.7M | $7.9M | $9.0M |
| BPA | $0.68 | $0.61 | $1.10 | $1.16 | $1.04 | $1.60 | $1.91 | $1.91 | $1.75 | $1.99 |
| BPA Diluido | $0.68 | $0.61 | $1.10 | $1.16 | $1.04 | $1.60 | $1.91 | $1.91 | $1.75 | $1.99 |
| Acciones en Circulación (Diluidas) | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.7M | $4.7M | $4.6M | $4.5M | $4.5M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $15.7M | $16.3M | $11.8M | $16.8M |
| Beneficio Bruto | $12.2M | $12.6M | $8.7M | $13.4M |
| Beneficio Operativo | $3.2M | $3.5M | -$485000 | $4.1M |
| EBITDA | $3.5M | $3.6M | -$247000 | $4.3M |
| Beneficio Neto | $2.8M | $2.7M | $2.8M | $3.2M |
| BPA | $0.61 | $0.60 | $0.61 | $0.71 |
| BPA Diluido | $0.61 | $0.60 | $0.61 | $0.71 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $16.9M | $20.3M | $26.7M | $30.8M | $31.7M | $29.3M | $30.0M | $25.6M | $23.3M | $28.5M |
| Inversiones a Corto | $40.8M | $55.3M | $52.7M | $59.7M | $90.2M | $161.8M | $185.8M | $216.5M | $15.4M | $55.9M |
| Cuentas por Cobrar | $2.6M | $3.1M | $2.8M | $1.9M | $2.4M | $2.1M | $2.7M | $2.8M | $3.1M | $3.4M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $60.3M | $78.7M | $82.3M | $92.3M | $124.2M | $193.3M | $218.5M | $245.0M | $41.7M | $87.9M |
| Inmovilizado Material | $10.9M | $12.1M | $13.4M | $16.7M | $17.0M | $18.4M | $18.0M | $18.1M | $19.0M | $19.1M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | $3.0M | $2.1M | $2.1M | $2.1M | $2.1M |
| Activos Intangibles | $176000 | $165000 | $193000 | 0 | 0 | $8.4M | $7.8M | $7.3M | $6.7M | $6.2M |
| Activos Totales | $574.2M | $626.3M | $674.9M | $725.4M | $851.4M | $987.6M | $928.6M | $969.4M | $979.2M | $1.04B |
| Cuentas por Pagar | $88000 | $111000 | $127000 | $173000 | $85000 | $46000 | $89000 | $480000 | $722000 | $1.2M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $523.2M | $567.6M | $612.2M | $649.6M | $765.1M | $887.1M | $848.2M | $878.9M | $883.1M | $177000 |
| Deuda a Largo | 0 | $5.0M | $5.0M | $5.0M | $10.0M | $21.0M | $20.5M | $19.9M | $19.3M | $8.8M |
| Pasivos Totales | $524.8M | $574.7M | $619.8M | $663.9M | $784.7M | $918.2M | $878.3M | $909.3M | $914.4M | $959.0M |
| Reservas | $10.2M | $12.3M | $16.5M | $20.9M | $24.7M | $23.4M | $31.0M | $36.7M | $42.8M | $50.0M |
| Patrimonio Neto | $49.4M | $51.7M | $55.1M | $61.4M | $66.7M | $69.4M | $50.2M | $60.0M | $64.9M | $80.0M |
| Deuda Total | 0 | $5.0M | $5.0M | $5.0M | $10.0M | $21.0M | $20.5M | $19.9M | $19.3M | $8.8M |
| Deuda Neta | -$57.7M | -$70.6M | -$74.5M | -$85.4M | -$111.8M | -$169.6M | -$195.3M | -$222.2M | -$19.3M | -$75.7M |
| Capital Circulante | -$462.9M | -$488.9M | -$529.9M | -$557.3M | -$640.8M | -$693.8M | -$629.7M | -$634.0M | -$841.4M | $87.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $28.4M | $28.5M | $25.1M | $24.7M |
| Activos Totales | $1.02B | $1.04B | $1.06B | $1.04B |
| Pasivos Totales | $943.2M | $959.0M | $979.9M | $958.2M |
| Patrimonio Neto | $77.0M | $80.0M | $81.3M | $83.2M |
| Deuda Total | $8.8M | $8.8M | $8.7M | $8.7M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $3.3M | $2.9M | $5.3M | $5.6M | $5.0M | $7.6M | $9.0M | $8.7M | $7.9M | $9.0M |
| Amortizaciones | $767000 | $811000 | $930000 | $1.7M | $2.0M | $2.1M | $2.6M | $2.0M | $1.9M | $1.9M |
| Compensación en Acciones | 0 | 0 | 0 | $106000 | $106000 | $106000 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | -$382000 | -$314000 | $164000 | -$50000 | -$916000 | $900000 | -$797000 | -$2.7M | $1.8M | $1.4M |
| Flujo de Caja Operativo | $2.8M | $6.7M | $8.6M | $5.6M | $5.2M | $16.3M | $9.3M | $9.5M | $8.5M | $11.7M |
| Inversiones (CapEx) | -$1.7M | -$1.9M | -$2.3M | -$4.4M | -$1.8M | -$2.9M | -$1.2M | -$1.6M | -$2.5M | -$1.2M |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | -$10.4M | -$818000 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$315000 | -$275000 | -$427000 | -$1.4M | -$997000 | 0 | 0 |
| Dividendos Pagados | -$1.1M | -$1.1M | -$1.1M | -$1.2M | -$1.2M | -$1.3M | -$1.4M | -$1.5M | -$1.8M | -$1.8M |
| Flujo de Caja Libre | $1.1M | $4.8M | $6.3M | $1.2M | $3.4M | $13.4M | $8.1M | $7.9M | $6.0M | $10.5M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $5.3M | $2.0M | $4.7M | $632000 |
| Inversiones (CapEx) | $747000 | -$633000 | -$382000 | $382000 |
| Flujo de Caja Libre | $6.0M | $1.3M | $4.4M | $1.0M |
| Dividendos Pagados | -$454000 | -$453000 | -$455000 | -$454000 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +7.7% | +13.4% | +14.8% | +8.8% | -0.7% | +12.4% | +16.4% | +14.7% | +6.0% |
| Crecimiento Beneficio Neto (anual) | | -11.1% | +81.5% | +5.7% | -11.2% | +52.4% | +18.1% | -2.8% | -8.7% | +13.6% |
| Crecimiento BPA (anual) | | -10.3% | +80.3% | +5.5% | -10.3% | +53.8% | +19.4% | +0.0% | -8.4% | +13.7% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.1% | -0.9% | -0.6% | -1.1% | -2.9% | -0.4% | +0.0% |
| Crecimiento FCF (anual) | | +345.1% | +30.7% | -81.0% | +188.8% | +289.8% | -39.6% | -2.5% | -24.7% | +76.1% |
| Margen Bruto | 84.7% | 85.7% | 85.8% | 84.1% | 82.1% | 95.9% | 97.2% | 81.6% | 75.0% | 77.9% |
| Margen Operativo | 18.6% | 19.2% | 20.9% | 19.1% | 15.6% | 24.1% | 25.2% | 20.0% | 16.8% | 17.8% |
| Margen EBITDA | 21.5% | 22.1% | 23.9% | 23.7% | 20.8% | 29.3% | 31.1% | 23.8% | 20.1% | 20.0% |
| Margen Neto | 12.7% | 10.5% | 16.7% | 15.4% | 12.6% | 19.3% | 20.3% | 16.9% | 13.5% | 14.4% |
| Margen FCF | 4.2% | 17.2% | 19.8% | 3.3% | 8.7% | 34.2% | 18.4% | 15.4% | 10.1% | 16.8% |
| Tasa Impositiva Efectiva | 31.7% | 45.5% | 20.0% | 19.2% | 19.4% | 19.7% | 19.4% | 15.3% | 19.9% | 19.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.22 | $1.00 | $1.30 | $0.25 | $0.72 | $2.83 | $1.73 | $1.74 | $1.31 | $2.31 |
| Dividendo por Acción | $0.22 | $0.22 | $0.22 | $0.25 | $0.25 | $0.27 | $0.29 | $0.32 | $0.40 | $0.40 |
| Acciones en Circulación (Básicas) | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.7M | $4.7M | $4.6M | $4.5M | $4.5M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 14.30% |
| Rentabilidad sobre capital invertido | 7.90% |
| Rentabilidad sobre activos | 1.10% |
| Margen bruto | 77.26% |
| Margen operativo | 16.96% |
| Margen neto | 18.94% |
Salud financiera
| Deuda / Patrimonio | 0.10 |
| Ratio corriente | 0.03 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 0.32 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 20.28 | 22.25 | 10.75 | 11.97 | 10.60 | 9.66 | 6.24 | 6.40 | 9.07 | 9.34 |
| P/VC | 1.34 | 1.26 | 1.03 | 1.09 | 0.79 | 1.06 | 1.11 | 0.93 | 1.11 | 1.05 |
| P/V | 2.56 | 2.34 | 1.80 | 1.84 | 1.33 | 1.87 | 1.27 | 1.08 | 1.22 | 1.35 |
| Margen Bruto | 84.7% | 85.7% | 85.8% | 84.1% | 82.1% | 95.9% | 97.2% | 81.6% | 75.0% | 77.9% |
| Margen Operativo | 18.6% | 19.2% | 20.9% | 19.1% | 15.6% | 24.1% | 25.2% | 20.0% | 16.8% | 17.8% |
| Margen Neto | 12.7% | 10.5% | 16.7% | 15.4% | 12.6% | 19.3% | 20.3% | 16.9% | 13.5% | 14.4% |