AMEX:BRBS

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Blue Ridge Bankshares

Executive Summary

Blue Ridge Bankshares, Inc. operates as a bank holding company for the Blue Ridge Bank, N.A.


Snowflake Analysis

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Blue Ridge Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRBS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.5%

BRBS

0.7%

US Banks

1.0%

US Market


1 Year Return

-34.0%

BRBS

-28.3%

US Banks

4.1%

US Market

Return vs Industry: BRBS underperformed the US Banks industry which returned -28.7% over the past year.

Return vs Market: BRBS underperformed the US Market which returned 3.7% over the past year.


Shareholder returns

BRBSIndustryMarket
7 Day-1.5%0.7%1.0%
30 Day-7.2%-0.7%5.4%
90 Day-27.6%-31.7%-5.7%
1 Year-32.5%-34.0%-25.9%-28.3%6.5%4.1%
3 Year9.7%1.7%-16.4%-22.9%28.3%19.8%
5 Year56.1%39.2%5.4%-7.2%52.2%35.0%

Price Volatility Vs. Market

How volatile is Blue Ridge Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Blue Ridge Bankshares undervalued compared to its fair value and its price relative to the market?

16.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BRBS ($14.85) is trading above our estimate of fair value ($14.34)

Significantly Below Fair Value: BRBS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BRBS is poor value based on its PE Ratio (17x) compared to the Banks industry average (9.3x).

PE vs Market: BRBS is poor value based on its PE Ratio (17x) compared to the US market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BRBS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BRBS is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Blue Ridge Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Blue Ridge Bankshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Blue Ridge Bankshares performed over the past 5 years?

22.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRBS has a high level of non-cash earnings.

Growing Profit Margin: BRBS's current net profit margins (9.8%) are lower than last year (16%).


Past Earnings Growth Analysis

Earnings Trend: BRBS's earnings have grown significantly by 22.9% per year over the past 5 years.

Accelerating Growth: BRBS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BRBS had negative earnings growth (-11%) over the past year, making it difficult to compare to the Banks industry average (2.9%).


Return on Equity

High ROE: BRBS's Return on Equity (4.6%) is considered low.


Next Steps

Financial Health

How is Blue Ridge Bankshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BRBS's Assets to Equity ratio (11.4x) is moderate.

Allowance for Bad Loans: BRBS has a low allowance for bad loans (96%).

Low Risk Liabilities: 82% of BRBS's liabilities are made up of primarily low risk sources of funding.

Loan Level: BRBS has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: BRBS's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: BRBS has an appropriate level of bad loans (0.8%).


Next Steps

Dividend

What is Blue Ridge Bankshares's current dividend yield, its reliability and sustainability?

3.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRBS's dividend (3.84%) is higher than the bottom 25% of dividend payers in the US market (1.75%).

High Dividend: BRBS's dividend (3.84%) is low compared to the top 25% of dividend payers in the US market (4.73%).


Stability and Growth of Payments

Stable Dividend: BRBS's dividends per share have been stable in the past 10 years.

Growing Dividend: BRBS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.2%), BRBS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Brian Plum (40yo)

5.42yrs

Tenure

US$373,403

Compensation

Mr. Brian K. Plum has been Chief Executive Officer and President of Blue Ridge Bankshares, Inc. since December 17, 2014 and Chief Executive Officer and Director of its wholly-owned bank subsidiary Blue Rid ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD373.40K) is below average for companies of similar size in the US market ($USD595.62K).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Brian Plum
President5.42yrsUS$373.40k0.71% $600.0k
Amanda Story
CFO & Corporate Secretary6.25yrsUS$170.08k0.13% $110.8k
Gary Shook
COO & Director1.33yrsUS$287.95k0.88% $742.7k
Robert Janney
General Counsel & Independent Director20.33yrsUS$19.95k1.23% $1.0m
Cynthia Fravel
Vice President of Operationsno datano datano data
James McCarty
Chief Administrative Officer0.33yrno datano data
Ann Mann
Chief Compliance Officerno datano datano data
Julie Catron
Assistant Vice President of Credit Administrationno datano datano data
Craig Richards
Director of Risk Managementno datano datano data
Dorothy Welch
Vice President of Strategic Engagementno datano datano data

5.4yrs

Average Tenure

49yo

Average Age

Experienced Management: BRBS's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brian Plum
President5.42yrsUS$373.40k0.71% $600.0k
Gary Shook
COO & Director1.33yrsUS$287.95k0.88% $742.7k
Robert Janney
General Counsel & Independent Director20.33yrsUS$19.95k1.23% $1.0m
Mensel Dean
Independent Director6.5yrsUS$18.25k0.72% $602.9k
Larry Dees
Independent Chairman of the Board10.33yrsUS$23.70k2.76% $2.3m
James Gander
Independent Director26.33yrsUS$17.40k0.30% $255.8k
John H. Graves
Independent Director10.33yrsUS$17.40k0.043% $36.0k
William Stokes
Independent Director8.33yrsUS$16.70k0.12% $103.1k
Malcolm Sullivan
Independent Director13.33yrsUS$18.00kno data
Elise Carey
Vice Chairman1.17yrsUS$13.15k1.15% $967.0k

9.3yrs

Average Tenure

60yo

Average Age

Experienced Board: BRBS's board of directors are considered experienced (9.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BRBS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.7%.


Top Shareholders

Company Information

Blue Ridge Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blue Ridge Bankshares, Inc.
  • Ticker: BRBS
  • Exchange: AMEX
  • Founded: 1893
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$84.043m
  • Shares outstanding: 5.66m
  • Website: https://www.mybrb.com

Number of Employees


Location

  • Blue Ridge Bankshares, Inc.
  • 17 West Main Street
  • PO Box 609
  • Luray
  • Virginia
  • 22835
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRBSAMEX (NYSE MKT LLC)YesCommon StockUSUSDApr 1998

Biography

Blue Ridge Bankshares, Inc. operates as a bank holding company for the Blue Ridge Bank, N.A. that provides commercial banking and mortgage lending services. Its deposit products include checking, savings, money market, jackpot, and retirement accounts, as well as certificates of deposit. The company’s loan portfolio comprises home mortgage, home equity, auto, personal, commercial real estate, business term, working capital, small business, agriculture, and start up loans, as well as home equity and operating lines of credit, and letters of credit. It also provides debit and credit cards; business cash management services; financial planning services, including wealth and risk management, estate planning, charitable planning, and retirement and succession planning; and online banking, bill payment, mobile banking, coin counting, direct deposit, notary, gold medallion signature guarantee, safe deposit box rental, stop payment, and wire transfer services. The company operates through branches in the Charlottesville, Drakes Branch, Harrisonburg, Luray, Martinsville, McGaheysville, Shenandoah, and Stuart regions of the Commonwealth of Virginia; and the Carolina State Bank division in Greensboro, North Carolina, as well as mortgage offices in Virginia, North Carolina, Maryland, and Florida. In addition, it offers payroll services. The company was founded in 1893 and is based in Luray, Virginia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 01:08
End of Day Share Price2020/05/21 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.