Capital expected to allow the bank to reposition business lines, support organic growth and further enhance capital levels of the core community bank
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Completed capital raise of $161.6 million in private placement, to help fund business transformation Company on-track to exit its fintech depository operations Bank capital levels meet enhanced regulatory minimum capital ratios RICHMOND, Va., July 25, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), today announced financial results for the quarter ended June 30, 2024. For the quarter ended June 30,
Completed capital raise of $150 million private placement, which closed subsequent to the end of the quarter, to help fund business transformation Solidified compliance and risk management functions with key hires Regulatory remediation efforts on track RICHMOND, Va., April 30, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), today announced financial results for the quarter ended March 31, 2024. For
During fourth quarter, announced commitments for $150 million pursuant to a private placement capital raise to help fund business line transformation, support the bank's capital position, and support future growth CHARLOTTESVILLE, Va., Jan. 31, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), today announced financial results for the quarter and year ended December 31, 2023. For the fourth quarter of
Performance reflects improvement across a range of metrics such as deposit growth, noninterest expense reduction, and nonperforming asset reduction Bank to complete exit from fintech banking-as-a-service depository operations by the end of 2024 Regulatory remediation efforts on track RICHMOND, Va., Oct. 29, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), today announced financial results for the quarter and year-to-date period ended September 30, 2024.
Completed capital raise of $161.6 million in private placement, to help fund business transformation Company on-track to exit its fintech depository operations Bank capital levels meet enhanced regulatory minimum capital ratios RICHMOND, Va., July 25, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), today announced financial results for the quarter ended June 30, 2024. For the quarter ended June 30,
Completed capital raise of $150 million private placement, which closed subsequent to the end of the quarter, to help fund business transformation Solidified compliance and risk management functions with key hires Regulatory remediation efforts on track RICHMOND, Va., April 30, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), today announced financial results for the quarter ended March 31, 2024. For
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SC 13G/A - BLUE RIDGE BANKSHARES, INC. (0000842717) (Subject)
SC 13G/A - BLUE RIDGE BANKSHARES, INC. (0000842717) (Subject)
SC 13G/A - BLUE RIDGE BANKSHARES, INC. (0000842717) (Subject)
Blue Ridge Bankshares (AMEX:BRBS) reported quarterly losses of $(0.15) per share. This is a 171.43 percent decrease over earnings of $0.21 per share from the same period last year.
Capital expected to allow the bank to reposition business lines, support organic growth and further enhance capital levels of the core community bankCHARLOTTESVILLE, Va., April 3, 2024 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company" or "Blue Ridge") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), has closed on definitive securities purchase agreements for gross proceeds of $150 ,000,000 in a private placement of Blue Ridge's common and preferred stock (the "Private Placement").This Private Placement supersedes and replaces the $150 million purchase, offering and sale of Blue Ridge
By the end of today, February 20, 2024, AmeriServ Financial (NASDAQ:ASRV) is set to deliver a dividend payout of $0.03 per share, equating to an annualized dividend yield of 3.87%. Shareholders who owned the stock prior to the ex-dividend date on February 02, 2024 will receive this payout. AmeriServ Financial Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; }
Capital expected to allow the bank to reposition business lines, support organic growth and further enhance capital levels of the core community bank CHARLOTTESVILLE, Va. , Dec. 22, 2023 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company" or "Blue Ridge") (NYSE:BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank") and BRB Financial Group, Inc. ("BRB Financial Group"), has entered into definitive securities purchase agreements to issue gross proceeds of $ 150,000,000 of Blue Ridge's common stock (the "Private Placement"). The Private Placement is subject to customary closing conditions including required regulatory and shareholder approvals.
Brian K. Plum Will Continue in Current Roles as President and Chief Executive Officer of Blue Ridge Bankshares, Inc. CHARLOTTESVILLE, Va., May 8, 2023 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (NYSE:BRBS) (the "Company"), the holding company of Blue Ridge Bank, N.A. (the "Bank") and BRB Financial Group, Inc., today announced that G. William ("Billy") Beale has been appointed as Chief Executive Officer of the Bank, effective as of May 7, 2023. Brian K. Plum will continue as President and Chief Executive Officer at the holding company. Mr. Plum will focus on broader strategy,
CHARLOTTESVILLE, Va., April 20, 2022 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (NYSE:BRBS) ("Blue Ridge"), the holding company of Blue Ridge Bank, N.A. (the "Bank") and BRB Financial Group, Inc., today announced the appointment of Judy C. Gavant as President and Director of the Bank. Ms. Gavant will also continue in her current capacity as Chief Financial Officer ("CFO") of the Bank, and Executive Vice President ("EVP") and CFO of Blue Ridge. In her new role as Bank President, Ms. Gavant will lead the commercial banking efforts and oversee bank operations, including policies and practices, in addition to a variety of strategic initiatives and responsibilities.
8-K - BLUE RIDGE BANKSHARES, INC. (0000842717) (Filer)
10-Q - BLUE RIDGE BANKSHARES, INC. (0000842717) (Filer)
8-K - BLUE RIDGE BANKSHARES, INC. (0000842717) (Filer)