Blue Ridge Bankshares to Release 3rd Quarter Results on October 14

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BRBS Stock Fair Value – Blue Ridge Bankshares ($NYSEAM:BRBS) Inc. is a holding company for Blue Ridge Bank. Headquartered in Martinsville, Virginia, Blue Ridge Bank has locations throughout Virginia and North Carolina. The bank offers a full range of banking services, including personal and business checking and savings accounts, loans, and investment services.

This release will include the bank’s financial results for the quarter ended September 30, 2022. Blue Ridge Bank is expected to report strong growth in loan and deposit balances for the quarter. Analysts are also expecting to see continued improvements in the bank’s credit quality metrics.

Share Price

The company’s stock opened at $13.1 on Friday and closed at $13.2, up by 0.2% from its last closing price.

VI Analysis – BRBS Stock Fair Value Calculator

Blue Ridge Bankshares, Inc. is a bank holding company, which engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Banking, and Other. The Banking segment provides demand and time deposits, and loans.

The Mortgage Banking segment offers secondary market mortgage loan sales, servicing of mortgage loans, and origination of mortgage loans. The Other segment includes holding company investments and operations, and other income.

VI Peers

In the banking industry, competition is fierce. Different banks offer different products and services, and it can be difficult for consumers to know which bank is right for them. When choosing a bank, it is important to consider the fees, interest rates, and other factors that can affect your decision. The company has branches in Virginia, North Carolina, and South Carolina. Uwharrie Capital Corp is a regional bank that operates in North Carolina and Virginia. National Bank Holdings Corp is a national bank that offers a wide variety of banking products and services. Merchants & Marine Bancorp Inc is a regional bank that operates in Mississippi, Alabama, and Louisiana.

– Uwharrie Capital Corp ($OTCPK:UWHR)

Wharrie Capital Corp is a publicly traded company with a market capitalization of $45.4 million as of 2022. The company is engaged in the business of providing financing solutions to small and medium sized businesses in the United States. Wharrie Capital Corp is headquartered in Charlotte, North Carolina.

– National Bank Holdings Corp ($NYSE:NBHC)

As of 2022, National Bank Holdings Corporation had a market capitalization of $1.58 billion. The company is a bank holding company that operates through its subsidiaries, which provide banking and related financial services to retail, commercial, and corporate customers. It offers a range of deposit products and services, including checking and savings accounts, money market and certificates of deposit, and online and mobile banking. The company also provides lending products and services, such as consumer loans, mortgages, commercial loans, and lines of credit. In addition, it offers investment management, trust, and private banking services.

– Merchants & Marine Bancorp Inc ($OTCPK:MNMB)

Merchants & Marine Bancorp Inc is a bank holding company that operates through its subsidiary, Merchants Bank. The Bank offers a range of banking services to individuals and businesses in its market area, which includes southern Mississippi and central Alabama. As of December 31, 2016, the Bank operated 25 full-service banking offices and one loan production office.

Summary

Headquartered in Luray, Virginia, Blue Ridge Bankshares, Inc. is the holding company for Blue Ridge Bank. The following are some key reasons why you should consider investing in Blue Ridge Bankshares: If you are looking for a well-run community bank with a strong history of profitability and a good dividend yield, then Blue Ridge Bankshares is worth considering.