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Blue Ridge Bankshares

Market Cap

US$130.1m

Last Updated

2021/04/16 23:23 UTC

Data Sources

Company Financials

Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.


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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BRBS's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

BRBS

0.03%

US Banks

1.3%

US Market


1 Year Return

43.3%

BRBS

70.3%

US Banks

53.9%

US Market

Return vs Industry: BRBS underperformed the US Banks industry which returned 83% over the past year.

Return vs Market: BRBS underperformed the US Market which returned 57.5% over the past year.


Shareholder returns

BRBSIndustryMarket
7 Day2.1%0.03%1.3%
30 Day5.2%0.7%3.3%
90 Day22.0%16.6%8.9%
1 Year48.5%43.3%76.0%70.3%56.6%53.9%
3 Year42.7%31.5%26.0%15.1%64.4%53.6%
5 Year116.1%91.6%97.2%72.0%120.4%95.7%

Long-Term 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?

7.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BRBS ($22.4) is trading above our estimate of fair value ($11.16)

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


Price To Earnings Ratio

PE vs Industry: BRBS is good value based on its PE Ratio (7.2x) compared to the US Banks industry average (13.3x).

PE vs Market: BRBS is good value based on its PE Ratio (7.2x) compared to the US market (22.3x).


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's PB Ratio (1.2x) is in line with the US Banks industry average.


Future Growth

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

7.2%

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.


Past Performance

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

43.0%

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 (19.5%) are higher than last year (11.9%).


Past Earnings Growth Analysis

Earnings Trend: BRBS's earnings have grown significantly by 43% per year over the past 5 years.

Accelerating Growth: BRBS's earnings growth over the past year (286.8%) exceeds its 5-year average (43% per year).

Earnings vs Industry: BRBS earnings growth over the past year (286.8%) exceeded the Banks industry 1.5%.


Return on Equity

High ROE: BRBS's Return on Equity (16.4%) is considered low.


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 (13.8x) is moderate.

Allowance for Bad Loans: BRBS has a sufficient allowance for bad loans (209%).

Low Risk Liabilities: 68% 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 (103%) is appropriate.

Level of Bad Loans: BRBS has an appropriate level of bad loans (0.7%).


Dividend

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

2.62%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 17 2021Ex Dividend DateApr 19 2021Dividend Pay DateApr 30 202111 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BRBS's dividend (2.68%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: BRBS's dividend (2.68%) is low compared to the top 25% of dividend payers in the US market (3.48%).


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 low payout ratio (18.3%), BRBS's dividend payments are well 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?

0.5yrs

Average management tenure


CEO

Brian Plum (41 yo)

6.33yrs

Tenure

US$373,403

Compensation

Mr. Brian K. Plum, C.P.A, serves as the President and Chief Executive Officer of Blue Ridge Bank, National Association since March 12, 2021 and serves as its Director. He has been Chief Executive Officer o...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD373.40K) is below average for companies of similar size in the US market ($USD542.68K).

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


Leadership Team

Experienced Management: BRBS's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: BRBS's board of directors are considered experienced (3.3 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 substantially diluted in the past year, with total shares outstanding growing by 119.3%.


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$130.140m
  • Shares outstanding: 12.41m
  • Website: https://www.mybrb.com

Number of Employees


Location

  • Blue Ridge Bankshares, Inc.
  • 1807 Seminole Trail
  • Charlottesville
  • Virginia
  • 22901
  • United States

Listings


Biography

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. Its deposit products incl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 23:23
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.