BRBS - Blue Ridge Bankshares Inc Stock Price, Fair Value and News

2.50USD-0.01 (-0.40%)Market Closed

Market Summary

USD2.50-0.01

Market Closed

-0.40%

BRBS Stock Price

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BRBS RSI Chart

BRBS Valuation

Market Cap

48.2M

Price/Earnings (Trailing)

-0.93

Price/Sales (Trailing)

0.29

EV/EBITDA

1.15

Price/Free Cashflow

1.12

BRBS Price/Sales (Trailing)

BRBS Profitability

EBT Margin

-34.82%

Return on Equity

-27.84%

Return on Assets

-1.66%

Free Cashflow Yield

89.43%

BRBS Fundamentals

BRBS Revenue

Revenue (TTM)

169.0M

Rev. Growth (Yr)

18.37%

Rev. Growth (Qtr)

1.59%

BRBS Earnings

Earnings (TTM)

-51.8M

Earnings Growth (Yr)

-34.67%

Earnings Growth (Qtr)

86.08%

Breaking Down BRBS Revenue

Last 7 days

-7.4%

Last 30 days

-7.1%

Last 90 days

-15.2%

How does BRBS drawdown profile look like?

BRBS Financial Health

BRBS Investor Care

Dividend Yield

15.14%

Dividend/Share (TTM)

0.38

Shares Dilution (1Y)

1.33%

Diluted EPS (TTM)

-3.16

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	136.7M	153.0M	162.3M	169.0M
2022	106.8M	99.2M	108.6M	121.7M
2021	66.6M	87.3M	96.6M	103.5M
2020	27.6M	33.1M	42.6M	54.5M
2019	23.7M	25.0M	26.3M	27.6M
2018	0	0	0	22.4M

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Tracking the Latest Insider Buys and Sells of Blue Ridge Bankshares Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	beale g william	acquired	-	-	170,122	president & ceo
Mar 01, 2024	gavant judy carol	acquired	-	-	62,693	evp & chief financial officer
Jul 01, 2023	cozart heather	acquired	39,780	8.85	4,495	-
Jul 01, 2023	patterson julien g	acquired	82,225	8.85	9,291	-
Jul 01, 2023	woodruff carolyn j.	acquired	95,004	8.85	10,735	-
Jul 01, 2023	raynor brett	sold (taxes)	-2,345	8.85	-265	cheif accounting officer
Jul 01, 2023	gavant judy carol	acquired	-	-	18,686	executive vp & cfo
Jul 01, 2023	dean mensel d	acquired	119,564	8.85	13,510	-
Jul 01, 2023	reynolds randolph n jr	acquired	40,285	8.85	4,552	-
Jul 01, 2023	stokes william w.	acquired	79,101	8.85	8,938	-

Which funds bought or sold BRBS recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 26, 2024	First Horizon Advisors, Inc.	unchanged	-	-680	5,380	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-73.14	-13,000	3,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-1.45	-19,497	136,321	-%
Apr 24, 2024	Simplicity Wealth,LLC	sold off	-100	-37,378	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-62.23	-3,000	2,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	sold off	-100	-53,024	-	-%
Apr 19, 2024	Red Tortoise LLC	sold off	-100	-1,970	-	-%
Apr 18, 2024	MV CAPITAL MANAGEMENT, INC.	unchanged	-	-2,193	17,354	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	new	-	1,000	1,000	-%
Apr 16, 2024	TOTH FINANCIAL ADVISORY CORP	new	-	6,725	6,725	-%

Are Funds Buying or Selling BRBS?

Are funds buying BRBS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BRBS

No. of Funds

Unveiling Blue Ridge Bankshares Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	lehman kenneth r	5.2%	1,186,257	SC 13D
Apr 10, 2024	castle creek capital partners viii, lp	2.6%	593,078	SC 13D
Feb 14, 2024	fourthstone llc	8.42%	1,615,507	SC 13G/A
Feb 12, 2024	banc funds co llc	1.9%	1,521,725	SC 13G/A
Jan 29, 2024	blackrock inc.	6.2%	1,197,651	SC 13G/A
Feb 16, 2021	endeavour capital advisors inc	2.5%	142,053	SC 13G/A
Feb 16, 2021	fourthstone llc	5.99%	741,701	SC 13G
Feb 12, 2021	spurzem richard t	7.54%	931,040	SC 13G/A
Feb 08, 2021	alliancebernstein l.p.	5.6%	317,553	SC 13G
Feb 14, 2020	endeavour capital advisors inc	6.0%	260,000	SC 13G

Recent SEC filings of Blue Ridge Bankshares Inc

View All Filings

Date Filed	Form Type	Document
Apr 29, 2024	10-K/A	Annual Report
Apr 23, 2024	PRE 14A	PRE 14A
Apr 16, 2024	D	D
Apr 10, 2024	SC 13D	13D - Major Acquisition
Apr 10, 2024	SC 13D	13D - Major Acquisition
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading

Peers (Alternatives to Blue Ridge Bankshares Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.7B	171.1B	-3.50%	39.81%	11.24	3.25	60.72%	31.52%
BAC	295.6B	130.3B	-0.98%	28.24%	11.15	2.27	79.51%	-3.68%
WFC	213.9B	85.7B	3.17%	50.44%	11.18	2.5	41.49%	39.96%
C	119.0B	133.3B	-1.55%	32.27%	12.9	0.89	79.09%	-
CFG	16.0B	10.2B	-3.61%	14.73%	9.98	1.57	44.53%	-22.43%
KEY	13.8B	7.9B	-6.83%	30.82%	14.22	1.74	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	-6.49%	18.56%	9.93	1.63	34.68%	-45.96%
ZION	6.1B	3.9B	-4.79%	48.31%	9	1.55	45.91%	-25.03%
ABCB	3.3B	1.3B	0.25%	44.78%	12.44	2.61	43.24%	-22.35%
ASB	3.3B	2.0B	0.37%	21.09%	17.83	1.67	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	395.5M	164.9M	-8.20%	39.26%	33.82	2.4	42.66%	-70.76%
AROW	377.4M	162.6M	-8.87%	5.60%	12.55	2.32	25.39%	-38.37%
ACNB	274.3M	96.6M	-14.23%	6.33%	8.66	2.84	11.02%	-11.37%
ASRV	42.0M	60.9M	-5.77%	-17.79%	-12.56	0.69	24.06%	-144.92%

Blue Ridge Bankshares Inc News

Latest updates

Blue Ridge Bankshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.6%	43.00	42.00	42.00	41.00	36.00	33.00	26.00	26.00	23.00	24.00	34.00	23.00	16.00	14.00	13.00	10.00	5.00	5.00	8.00	10.00	8.00
EBITDA Margin	-22.4%	0.21*	0.27*	0.66*	0.82*	1.06*	1.33*	1.44*	1.72*	1.57*	1.53*	1.56*	1.31*	1.20*	-	-	-	-	-	-	-	-
Interest Expenses	-1.9%	22.00	22.00	24.00	25.00	28.00	29.00	24.00	24.00	21.00	21.00	30.00	20.00	17.00	12.00	11.00	2.00	4.00	5.00	5.00	8.00	-
Income Taxes	63.3%	-1.72	-4.69	-1.83	1.00	-1.10	1.00	0.00	5.00	5.00	2.00	8.00	1.00	1.00	2.00	2.00	0.00	0.00	0.00	0.00	0.00	-
Earnings Before Taxes	83.8%	-7.48	-46.06	-10.44	5.00	-5.37	4.00	1.00	23.00	18.00	9.00	36.00	5.00	7.00	7.00	8.00	1.00	1.00	2.00	2.00	1.00	-
EBT Margin	0.4%	-0.35*	-0.35*	-0.05*	0.03*	0.18*	0.42*	0.51*	0.80*	0.66*	0.60*	0.64*	0.40*	0.42*	-	-	-	-	-	-	-	-
Net Income	86.1%	-5.76	-41.37	-8.61	4.00	-4.28	3.00	1.00	18.00	13.00	7.00	29.00	4.00	6.00	5.00	6.00	1.00	1.00	1.00	2.00	1.00	-
Net Income Margin	1.1%	-0.31*	-0.31*	-0.04*	0.03*	0.14*	0.32*	0.39*	0.62*	0.51*	0.47*	0.50*	0.32*	0.32*	-	-	-	-	-	-	-	-
Free Cashflow	2234.9%	20.00	1.00	12.00	10.00	-29.35	13.00	15.00	95.00	45.00	6.00	-29.02	36.00	9.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Assets	-4.4%	3,118	3,263	3,214	3,324	3,130	2,880	2,800	2,725	2,665	2,699	2,765	1,498	1,498	1,523	1,586	1,028	961	736	540
Cash Equivalents	-	7.00	-	-	-	2.00	-	-	-	3.00	-	-	-	2.00	-	-	-	1.00	-	0.00
Net PPE	-0.7%	22.00	23.00	23.00	23.00	23.00	24.00	24.00	25.00	27.00	27.00	30.00	30.00	15.00	15.00	15.00	14.00	14.00	3.00	3.00
Goodwill	-	-	-	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	20.00	20.00	20.00	20.00	20.00	3.00	3.00
Liabilities	-4.8%	2,932	3,080	2,983	3,077	2,882	2,629	2,538	2,446	2,388	2,430	2,498	2,928	1,390	1,423	1,491	937	868	671	500
Shareholder's Equity	1.7%	186	183	231	247	249	251	262	278	277	270	267	240	108	100	95.00	90.00	92.00	66.00	40.00
Retained Earnings	-14.8%	33.00	39.00	80.00	91.00	98.00	104	104	105	86.00	73.00	71.00	42.00	41.00	35.00	32.00	26.00	25.00	26.00	23.00
Additional Paid-In Capital	0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	0.0%	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Float	-	-	-	135	-	-	-	258	-	-	-	292	-	-	-	60.00	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	2086.8%	20,468	936	12,473	10,179	-29,157	12,970	15,036	95,082	45,700	6,104	-28,307	35,716	9,014	-32,862	-38,960	-45,532	5,277	-6,128	-18,105	-1,627	-
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	70.00	79.00	90.00	41.00	31.00	51.00	-
Cashflow From Investing	3.7%	12,097	11,668	-1,988	-44,990	-244,526	-76,792	-191,560	-115,305	64,419	-186,337	478,515	-304,113	64,453	-59,656	-335,093	-10,589	54,173	-5,171	-121,073	-22,611	-
Cashflow From Financing	-259.3%	-149,987	94,126	-105,016	183,911	252,652	86,935	89,539	51,852	-32,648	-63,115	-427,323	423,992	-33,118	-71,022	548,031	63,253	-21,742	12,053	144,224	25,730	-
Dividend Payments	-	-	-	2,320	2,321	2,321	2,302	2,299	2,253	-	4,506	-	2,677	-	1,629	-	-	607	619	630	617	-

BRBS Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
NET INTEREST INCOME
Interest and fees on loans	$ 152,942	$ 111,002	$ 97,933
Interest on securities, deposit accounts, and federal funds sold	16,053	10,650	5,613
Total interest income	168,995	121,652	103,546
INTEREST EXPENSE
Interest on deposits	59,969	11,260	6,437
Interest on subordinated notes	2,209	2,215	2,627
Interest on FHLB and FRB borrowings	13,776	3,610	2,001
Total interest expense	75,954	17,085	11,065
Net interest income	93,041	104,567	92,481
Provision for credit losses - loans	24,703	25,687	117
Provision (benefit) for credit losses - unfunded commitments	(2,380)	0	0
Total provision for credit losses	22,323	25,687	117
Net interest income after provision for credit losses	70,718	78,880	92,364
NONINTEREST INCOME
Fair value adjustments of other equity investments	(110)	9,306	7,316
Loss on sale of other equity investments	(1,636)	0	0
Gain on sale of Paycheck Protection Program loans	0	0	24,315
Residential mortgage banking income, including MSRs	10,000	20,647	37,022
Gain on sale of guaranteed government loans	5,704	4,734	2,005
Gain on termination of interest rate swaps	0	0	6,221
Wealth and trust management	1,839	1,769	2,373
Service charges on deposit accounts	1,423	1,289	1,464
Increase in cash surrender value of bank owned life insurance	1,195	1,348	932
Bank and purchase card, net	1,703	2,240	1,805
Other	8,423	6,759	3,535
Total noninterest income	28,541	48,092	86,988
NONINTEREST EXPENSE
Salaries and employee benefits	58,158	56,006	61,481
Occupancy and equipment	6,506	5,916	6,413
Data processing	5,686	4,593	4,233
Legal and regulatory filings	4,613	3,004	1,736
Advertising and marketing	1,157	1,460	1,364
Communications	4,410	3,825	2,810
Audit and accounting fees	2,821	1,304	902
FDIC insurance	5,059	1,340	1,014
Intangible amortization	1,295	1,525	1,671
Other contractual services	7,713	3,137	2,783
Other taxes and assessments	3,216	2,668	2,607
Regulatory remediation	10,459	7,442	0
Merger-related	0	50	11,868
Goodwill impairment	26,826	0	0
ESOP litigation	6,000	0	0
Other	14,184	12,506	12,106
Total noninterest expenses	158,103	104,776	110,988
(Loss) income from continuing operations before income tax expense	(58,844)	22,196	68,364
Income (benefit) tax expense	(7,071)	5,199	15,740
Net (loss) income from continuing operations	(51,773)	16,997	52,624
Income (loss) from discontinued operations before income taxes (including gain on disposal of $471 thousand for the year ended December 31, 2022)	0	426	(183)
Income tax expense (benefit)	0	89	(39)
Net income (loss) from discontinued operations	0	337	(144)
Net (loss) income	(51,773)	17,334	52,480
Net income from discontinued operations attributable to noncontrolling interest	0	(1)	(3)
Net (loss) income attributable to Blue Ridge Bankshares, Inc.	(51,773)	17,333	52,477
Net (loss) Income available to common stockholders	$ (51,773)	$ 17,333	$ 52,477
Basic (loss) earnings per share from continuing operations	$ (2.73)	$ 0.9	$ 2.95
Diluted (loss) earnings per share from continuing operations	$ (2.73)	$ 0.9	$ 2.95

BRBS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and due from banks	$ 110,491	$ 77,274
Restricted cash	10,660	0
Federal funds sold	4,451	1,426
Securities available for sale, at fair value	321,081	354,341
Restricted equity investments	18,621	21,257
Other equity investments	12,905	23,776
Other investments	29,467	24,672
Loans held for sale	46,337	69,534
Paycheck Protection Program loans, net of deferred fees and costs	2,386	11,967
Loans held for investment, net of deferred fees and costs	2,428,561	2,399,092
Less allowance for credit losses	(35,893)	(30,740)
Loans held for investment, net	2,392,668	2,368,352
Accrued interest receivable	14,967	11,569
Other real estate owned	0	195
Premises and equipment, net	22,348	23,152
Right-of-use asset	8,738	6,903
Bank owned life insurance	48,453	47,245
Goodwill	0	26,826
Other intangible assets	5,382	6,583
Mortgage servicing rights, net	27,114	28,991
Deferred tax asset, net	21,556	12,227
Other assets	19,929	14,175
Total assets	3,117,554	3,130,465
Deposits:
Noninterest-bearing demand	506,248	640,101
Interest-bearing demand and money market deposits	1,049,536	1,318,799
Savings deposits	117,923	151,646
Time deposits	892,325	391,961
Total deposits	2,566,032	2,502,507
FHLB borrowings	210,000	311,700
FRB borrowings	65,000	51
Subordinated notes, net	39,855	39,920
Lease liabilities	9,619	7,860
Other liabilities	41,059	19,634
Total liabilities	2,931,565	2,881,672
Commitments and contingencies (Note 22)
Stockholders’ Equity:
Common stock, no par value; 50,000,000 shares authorized at December 31, 2023 and December 31, 2022; 19,198,379 and 18,950,329 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	197,636	195,960
Additional paid-in capital	252	252
Retained earnings	33,157	97,682
Accumulated other comprehensive loss, net of tax	(45,056)	(45,101)
Total stockholders’ equity	185,989	248,793
Total liabilities and stockholders’ equity	$ 3,117,554	$ 3,130,465

About Blue Ridge Bankshares Inc

Blue Ridge Bankshares, Inc. operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit. It also offers commercial and industrial, residential mortgages, commercial mortgages, home equity, consumer installment, and guaranteed government loans; and residential mortgage loans and mortgages loans on real estate. In addition, it provides wire, direct deposit payroll, remote deposit, electronic statement, and other services; and property and casualty insurance products to individuals and businesses, as well as online, mobile, and telephone banking services. Further, the company offers employee benefit plans and administration services; management services for personal and corporate trusts, including estate planning and settlement, and trust administration, investment and wealth management, and other insurance products; and wholesale and third-party residential mortgage origination services to other financial institutions and credit unions. It operates in Callao, Charlottesville, Chester, Colonial Heights, Culpeper, Fredericksburg, Gordonsville, Harrisonburg, Hartfield, Henrico, Kilmarnock, Louisa, Luray, Martinsville, Midlothian, Mineral, Montross, Orange, Petersburg, Richmond, Shenandoah, Suffolk, Virginia Beach, Warsaw, and White Stone, Virginia; and Greensboro, North Carolina. Blue Ridge Bankshares, Inc. was founded in 1893 and is headquartered in Charlottesville, Virginia.

CEO	Mr. G. William Beale
WEBSITE	blueridgebankshares.com
INDUSTRY	Banks Diversified
EMPLOYEES	496

Blue Ridge Bankshares Inc Frequently Asked Questions

What is the ticker symbol for Blue Ridge Bankshares Inc? What does BRBS stand for in stocks?

BRBS is the stock ticker symbol of Blue Ridge Bankshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Blue Ridge Bankshares Inc (BRBS)?

As of Mon Apr 29 2024, market cap of Blue Ridge Bankshares Inc is 48 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BRBS stock?

You can check BRBS's fair value in chart for subscribers.

What is the fair value of BRBS stock?

You can check BRBS's fair value in chart for subscribers. The fair value of Blue Ridge Bankshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Blue Ridge Bankshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BRBS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Blue Ridge Bankshares Inc a good stock to buy?

The fair value guage provides a quick view whether BRBS is over valued or under valued. Whether Blue Ridge Bankshares Inc is cheap or expensive depends on the assumptions which impact Blue Ridge Bankshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BRBS.

What is Blue Ridge Bankshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 29 2024, BRBS's PE ratio (Price to Earnings) is -0.93 and Price to Sales (PS) ratio is 0.28. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BRBS PE ratio will change depending on the future growth rate expectations of investors.