|Bid||5.59 x 3000|
|Ask||14.02 x 900|
|Day's Range||13.88 - 14.30|
|52 Week Range||13.82 - 19.22|
|Beta (5Y Monthly)||0.37|
|PE Ratio (TTM)||4.73|
|Earnings Date||Jan 27, 2022 - Jan 31, 2022|
|Forward Dividend & Yield||0.49 (3.46%)|
|Ex-Dividend Date||Apr 14, 2022|
|1y Target Est||N/A|
Virginia-based Blue Ridge Bank is establishing a middle-market banking division with its sights set on the Triangle, the Triad and Charlotte. Doug Riddle, the new Raleigh-based managing director of corporate and middle market banking, said the $2.7 billion community bank has been working to develop a middle market commercial strategy across its markets for some time. “[The Triangle] is definitely one of the top markets we have identified,” he said.
Blue Ridge Bank, N.A. (the "Bank"), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), today announced the establishment of its middle market banking division. This effort entails the buildout of commercial banking teams in attractive MSA's in the Mid Atlantic and Southeast.
Blue Ridge Bankshares, Inc. (the "Company") (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), announced today financial results for the quarter ended March 31, 2022. For the first quarter of 2022, the Company reported net income from continuing operations of $17.4 million, or $0.93 earnings per diluted common share, compared to $12.8 million, or $0.68 earnings per diluted common share, fo