Virginia-based Blue Ridge Bank expands into Charlotte with Middle-Market Banking
05/16/2022
Virginia-based Blue Ridge Bankshares Inc., with $2.7 billion in assets, is building up its middle-market team.
Read MoreVirginia bank pursues middle market division, ready to compete for talent
05/05/2022
Virginia-based Blue Ridge Bank is establishing a middle-market banking division with its sights set on the Triangle, the Triad and Charlotte.
Read MoreBlue Ridge Bankshares, Inc. Announces First Quarter 2022 Results
04/28/2022
Blue Ridge Bankshares, Inc. the holding company of Blue Ridge Bank, National Association and BRB Financial Group, Inc., 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, for the fourth quarter of 2021, and $4.2 million, or $0.28 earnings per diluted common share, for the first quarter of 2021. Earnings per diluted common share for all periods presented is reflective of the 3-for-2 stock split effective April 30, 2021. Net income for all periods presented also reflected merger-related expenses, as further discussed below.
Read MoreBlue Ridge Bankshares Announces the Appointment of Judy Gavant as Bank President
04/20/2022
Blue Ridge Bankshares, Inc. the holding company of Blue Ridge Bank, N.A. 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 of the Bank, and Executive Vice President 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.
Read More5 Questions Every CEO Should Ask Their Banker
03/04/2022
As business leaders, it is imperative to have an inner circle of advisors you trust. In addition to a CFO, you often seek advice from attorneys, CPAs, and insurance agents to name a few. Adding a local banker to your list who lives and works in your market is smart and strategic.
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