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Blue Ridge Bankshares Inc   (BRBS)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Blue Ridge Bankshares Inc

BRBS's Financial Statements and Analysis



Blue Ridge Bankshares Inc reported in the third quarter of 2023 net loss per share of $-2.18 compare to earnings per share of $0.15 in the same quarter a year ago a decrease compare to $-0.45 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -2.18 $  19 Mill
$-2.33     $-14M     -43.33 %



Blue Ridge Bankshares Inc 's Revenue fell by -43.33 % in third quarter of 2023 (Sep 30 2023) year on year, to $19 million and declined by -21.41 % sequentially.


Blue Ridge Bankshares Inc is Expected to report next financial results on March 09, 2024.

More on BRBS's Income Statement



Blue Ridge Bankshares Inc 's in thethird quarter of 2023 recorded net loss of $-41.371 million, compare to net income of $2.736 million achieved in III. Quarter a year ago.

Sequentially net loss advanced

More on BRBS's Growth

Blue Ridge Bankshares Inc Inventories
BRBS's Cash flow In the third quarter of 2023 company's net cash flow was $107 million, capital expenditures fell by -0.0475.00%, to $0 millions compare to same quarter a year ago

More on BRBS's Cash flow Statement


Blue Ridge Bankshares Inc payed out dividend of $0.48 per share in last 52 weeks

In trailing twelve-month period Blue Ridge Bankshares Inc payed $ -0.29 cash per share, on a free-cash flow basis .

Book value fell by -20.27 % sequentially to $9.63 per share, -93.49% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.34 per share from $ 10.37.

Company repurchased 0.16 million shares or 0.85 % in Sep 30 2023.
Interest Coverage Ratio was 0.1. Debt Coverage Ratio was 0.15.

More on BRBS's Dividends

 Market Capitalization (Millions) 45
 Shares Outstanding (Millions) 19
 Total Debt (Millions $) 40
 Revenue (TTM) (Millions $) 98
 Net Income (TTM) (Millions $) -50
 Cash Flow (TTM) (Millions $) 140
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0.48 $
 Dividend Yield TTM (%) 20.34 %
 Employees (TTM) $ 275




Blue Ridge Bankshares Inc payed out dividend of $0.48 per share in the last 52 weeks

In trailing twelve-month period Blue Ridge Bankshares Inc had negative $ -0.29 cash flow per share, on a free-cash flow basis .

Book value fell by -20.27 % sequentially to $9.63 per share, -93.49% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.34 per share from $ 10.37.

Company repurchased 0.16 million shares or 0.85 % in Sep 30 2023.
Interest Coverage Ratio was 0.1. Debt Coverage Ratio was 0.15.

More on BRBS's Balance Sheets

 Market Capitalization (Millions) 45
 Shares Outstanding (Millions) 19
 Total Debt (Millions $) 40
 Revenue (TTM) (Millions $) 98
 Net Income (TTM) (Millions $) -50
 Cash Flow (TTM) (Millions $) 140
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0.48 $
 Dividend Yield TTM (%) 20.34 %
 Employees (TTM) $ 275
   


  News about Blue Ridge Bankshares Inc Earnings

BRBS Plunges: Shocking Third Quarter Performance Sends Alarming Signals for Blue Ridge Bankshares Inc

Blue Ridge Bankshares Inc: Analyzing the Third Quarter Financial Results
As a renowned financial journalist for the , I have witnessed a wide range of financial results over the years. However, the recent financial performance of Blue Ridge Bankshares Inc (BRBS) has left me with mixed feelings. In the third quarter of 2023, BRBS posted a surprising shortfall per stock of $-2.18 per share, compared to $0.15 per share during the same quarter last year. Even more concerning is the fact that this shortfall represents a significant increase from the prior reporting season, in which the company recorded a shortfall of $-1.03 per share.
Furthermore, the revenue for Blue Ridge Bankshares Inc took a severe hi...

Blue Ridge Bankshares Inc. Faces Intense Fiscal Downturn in Q2 2023, Marking a Critical Earnings Season

Blue Ridge Bankshares Inc (BRBS) experienced a challenging period from April to June 2023, with a significant decline in its financial performance compared to the same period last year. The company reported a loss of $1.03 per share, in contrast to a profit of $0.06 per share a year ago. Furthermore, the earnings per share (EPS) fell from $0.09 to an undisclosed amount, indicating a worrisome decline.
The revenue also took a hit, plummeting by a staggering 64.015% to $9.64 million from $26.79 million in the corresponding reporting season a year prior. Additionally, the revenue sequentially tumbled by 68.848% from $30.94 million. This decline is particularly troubling when juxtaposed with the rest of the ...


Date modified: 2023-11-16T18:13:12+00:00





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