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

3.05USD+0.15 (+5.17%)Market Closed

Market Summary

USD3.05+0.15

Market Closed

5.17%

BRBS Stock Price

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BRBS RSI Chart

BRBS Valuation

Market Cap

70.1M

Price/Earnings (Trailing)

-1.2

Price/Sales (Trailing)

0.52

EV/EBITDA

2.79

Price/Free Cashflow

2.71

BRBS Price/Sales (Trailing)

BRBS Profitability

EBT Margin

-49.50%

Return on Equity

-32.41%

Return on Assets

-1.91%

Free Cashflow Yield

36.92%

BRBS Fundamentals

BRBS Revenue

Revenue (TTM)

135.9M

Rev. Growth (Yr)

-80.86%

Rev. Growth (Qtr)

-81.87%

BRBS Earnings

Earnings (TTM)

-58.6M

Earnings Growth (Yr)

-172.87%

Earnings Growth (Qtr)

49.77%

Breaking Down BRBS Revenue

Last 7 days

14.2%

Last 30 days

19.6%

Last 90 days

23.0%

How does BRBS drawdown profile look like?

BRBS Financial Health

BRBS Investor Care

Dividend Yield

14.13%

Dividend/Share (TTM)

0.38

Shares Dilution (1Y)

21.33%

Diluted EPS (TTM)

-3.09

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	135.9M	0	0	0
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

Get all data in R, Python etc through our Historical Stock Data APIs

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?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Semmax Financial Advisors Inc.	unchanged	-	473	5,052	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-78.3	-129,715	30,954	-%
May 16, 2024	EJF Capital LLC	reduced	-97.03	-2,950,230	79,769	0.06%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-31.02	-3,449	5,450	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	0.69	-1,213	10,216	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-28.73	-68,210	117,502	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	318	118,404	161,954	-%
May 15, 2024	Royal Bank of Canada	reduced	-90.43	-12,000	1,000	-%
May 15, 2024	GENDELL JEFFREY L	unchanged	-	-95,616	756,490	0.03%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-69.00	-379,723	144,216	-%

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
May 08, 2024	blackrock inc.	4.8%	1,114,396	SC 13G/A
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

Recent SEC filings of Blue Ridge Bankshares Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	SC 13G/A	Major Ownership Report
May 07, 2024	DEF 14A	DEF 14A
Apr 30, 2024	8-K	Current Report
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

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	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-81.9%	8.00	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
EBITDA Margin	-21.7%	0.17*	0.21*	0.27*	0.66*	0.82*	1.06*	1.33*	1.44*	1.72*	1.57*	1.53*	1.56*	1.31*	-	-	-	-	-	-	-	-
Interest Expenses	-6.5%	20.00	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	76.4%	-0.41	-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	55.9%	-3.30	-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	-42.2%	-0.50*	-0.35*	-0.35*	-0.05*	0.03*	0.18*	0.42*	0.51*	0.80*	0.66*	0.60*	0.64*	0.40*	-	-	-	-	-	-	-	-
Net Income	49.8%	-2.89	-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	-40.8%	-0.43*	-0.31*	-0.31*	-0.04*	0.03*	0.14*	0.32*	0.39*	0.62*	0.51*	0.47*	0.50*	0.32*	-	-	-	-	-	-	-	-
Free Cashflow	-137.4%	-7.57	20.00	1.00	12.00	10.00	-29.35	13.00	15.00	95.00	45.00	6.00	-29.02	36.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																				(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Assets	-1.3%	3,076	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	-100.0%	-	7.00	-	-	-	2.00	-	-	-	3.00	-	-	-	2.00	-	-	-	1.00	-	0.00
Net PPE	-1.7%	22.00	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	-1.2%	2,895	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	-2.7%	181	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	-8.7%	30.00	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	0.00
Shares Outstanding	2.0%	20.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-136.7%	-7,518	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	269.7%	44,724	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	79.9%	-30,159	-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

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BRBS Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Interest and fees on loans	$ 38,346	$ 37,131
Interest on securities, deposit accounts, and federal funds sold	4,185	3,759
Total interest income	42,531	40,890
INTEREST EXPENSE
Interest on deposits	18,485	11,331
Interest on subordinated notes	560	553
Interest on FHLB and FRB borrowings	3,137	3,810
Total interest expense	22,182	15,694
Net interest income	20,349	25,196
(Recovery of) provision for credit losses - loans	0	(1,110)
(Recovery of) provision for credit losses - unfunded commitments	(1,000)	(400)
Total (recovery of) provision for credit losses	(1,000)	(1,510)
Net interest income after (recovery of) provision for credit losses	21,349	26,706
NONINTEREST INCOME
Fair value adjustments of other equity investments	(7)	(51)
Residential mortgage banking income	2,664	3,199
Mortgage servicing rights	729	(1,896)
Gain on sale of guaranteed government loans	110	2,409
Wealth and trust management	520	432
Service charges on deposit accounts	398	343
Increase in cash surrender value of bank owned life insurance	337	282
Bank and purchase card, net	242	340
Other	2,832	2,225
Total noninterest income	7,825	7,283
NONINTEREST EXPENSE
Salaries and employee benefits	16,045	15,289
Occupancy and equipment	1,524	1,569
Data processing	1,106	1,346
Legal and regulatory filings	447	1,234
Advertising and marketing	297	286
Communications	1,173	1,131
Audit and accounting fees	1,155	146
FDIC insurance	1,377	729
Intangible amortization	287	355
Other contractual services	1,717	939
Other taxes and assessments	943	802
Regulatory remediation	2,644	1,134
Other	3,759	3,887
Total noninterest expense	32,474	28,847
(Loss) income before income tax expense	(3,300)	5,142
Income tax (benefit) expense	(407)	1,172
Net (loss) income	$ (2,893)	$ 3,970
Basic (loss) earnings per share	$ (0.15)	$ 0.21
Diluted (loss) earnings per share	$ (0.15)	$ 0.21

BRBS Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Cash and due from banks

$ 117,464

$ 110,491

^[1]

Restricted cash

10,734

10,660

^[1]

Federal funds sold

6,849

4,451

^[1]

Securities available for sale, at fair value

314,394

321,081

^[1]

Restricted equity investments

22,071

18,621

^[1]

Other equity investments

12,863

12,905

^[1]

Other investments

26,586

29,467

^[1]

Loans held for sale

34,902

46,337

^[1]

Loans held for investment, net of deferred fees and costs

2,394,089

2,430,947

^[1]

Less allowance for loan losses

(35,025)

(35,893)

^[1]

Loans held for investment, net

2,359,064

2,395,054

^[1]

Accrued interest receivable

14,696

14,967

^[1]

Premises and equipment, net

21,968

22,348

^[1]

Right-of-use asset

8,067

8,738

^[1]

Bank owned life insurance

48,790

48,453

^[1]

Other intangible assets

5,009

5,382

^[1]

Mortgage servicing rights, net

27,843

27,114

^[1]

Deferred tax asset, net

21,928

21,556

^[1]

Other assets

22,959

19,929

^[1]

Total assets

3,076,187

3,117,554

^[1]

Deposits:

Noninterest-bearing demand

496,375

506,248

^[1]

Interest-bearing demand and money market

898,870

1,049,536

^[1]

Savings

114,281

117,923

^[1]

Time

956,250

892,325

^[1]

Total deposits

2,465,776

2,566,032

^[1]

FHLB borrowings

280,000

210,000

^[1]

FRB borrowings

65,000

^[1]

Subordinated notes, net

39,838

39,855

^[1]

Lease liabilities

8,870

9,619

^[1]

Other liabilities

35,797

41,059

^[1]

Total liabilities

2,895,281

2,931,565

^[1]

Commitments and contingencies (Note 8)

Stockholders’ Equity:

Common stock, no par value; 50,000,000 shares authorized at March 31, 2024 and December 31, 2023; 19,584,040 and 19,198,379 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively

198,004

197,636

^[1]

Additional paid-in capital

252

^[1]

Retained earnings

30,264

33,157

^[1]

Accumulated other comprehensive loss, net of tax

(47,614)

(45,056)

^[1]

Total stockholders’ equity

180,906

185,989

^[1]

Total liabilities and stockholders’ equity

$ 3,076,187

$ 3,117,554

^[1]

[1]	Derived from audited December 31, 2023 Consolidated Financial Statements.

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 Fri May 17 2024, market cap of Blue Ridge Bankshares Inc is 70.1 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 Fri May 17 2024, BRBS's PE ratio (Price to Earnings) is -1.2 and Price to Sales (PS) ratio is 0.52. 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.