Blue Ridge Bankshares (BRBS) AI Stock Analysis

• Market Cap: $302.71M
• Dividend Yield: N/A
• Average Volume (3M): 194.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: -16.75%
• EPS Growth: 86.60%
• Country: US
• Employees: 416
• Sector: Financial
• Sector Strength: 76
• Industry: Banks - Regional
• EPS (TTM): >-0.01
• Shares Outstanding: 91,177,850
• 10 Day Avg. Volume: 223,445
• 30 Day Avg. Volume: 194,695
• PEG Ratio: -0.17
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.54
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 1.13
• Enterprise Value/Gross Profit: 5.63
• Enterprise Value/Ebitda: -3.86
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: ―

Blue Ridge Bankshares is currently facing significant challenges, particularly in its financial performance. The company's declining revenues and profitability, combined with negative cash flows, raise concerns about its financial health. Technical analysis suggests mixed signals with a potential downward trend. Valuation remains unattractive due to a negative P/E ratio and no dividend yield, further impacting investor sentiment.

Blue Ridge Bankshares Business Overview & Revenue Model

Company Description

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. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit. It also offers commercial and industrial, residential mortgages, commercial mortgages, home equity, consumer installment, and guaranteed government loans; and mortgages loans on real estate. In addition, it provides wire, direct deposit payroll, remote deposit, payroll processing, electronic statement, and other services; and property and casualty insurance products to individuals and businesses, as well as online, mobile, and telephone banking services. Further, the company offers employee benefit plans and administration services; management services for personal and corporate trusts, including estate planning and settlement, and trust administration, investment and wealth management, and other insurance products; and wholesale and third-party residential mortgage origination services to other financial institutions and credit unions. It has branches in Callao, Charlottesville, Chester, Colonial Heights, Culpeper, Fredericksburg, Gordonsville, Harrisonburg, Hartfield, Henrico, Kilmarnock, Louisa, Luray, Martinsville, Midlothian, Mineral, Montross, Orange, Petersburg, Richmond, Shenandoah, Suffolk, Virginia Beach, Warsaw, and White Stone, Virginia; and Greensboro, North Carolina. The company was founded in 1893 and is headquartered in Charlottesville, Virginia.

How the Company Makes Money

Blue Ridge Bankshares primarily generates revenue through interest income from loans and mortgages, which constitute a significant portion of its income. The bank also earns money from non-interest income sources such as service charges on deposit accounts, transaction fees, and income from wealth management and investment services. Additionally, the bank benefits from strategic partnerships and community engagement initiatives, which help it to expand its customer base and increase its market presence. Blue Ridge Bank's focus on maintaining a diverse portfolio of financial products and services enables it to sustain profitability and foster long-term growth.

Blue Ridge Bankshares Financial Statement Overview

Summary

Blue Ridge Bankshares is facing significant financial challenges. The company's income statement reflects a decline in revenues and profitability, with net income turning negative. The balance sheet shows some strengths with a strong equity base but declining total assets. Cash flow analysis highlights concerns with negative operating and free cash flows, indicating potential liquidity issues.

Income Statement

Blue Ridge Bankshares has experienced a significant decline in total revenue from 2020 to 2024, dropping from $100.9M to $0. The net income has also been negative for the last two years, indicating profitability challenges. The company showed a positive gross profit margin in earlier years, but recent years reflect a downturn with EBIT and EBITDA margins turning negative.

Balance Sheet

The balance sheet shows a relatively strong equity base with a stockholders' equity of $327.8M in 2024. The debt-to-equity ratio has improved, with zero total debt in 2024. Despite this, total assets have decreased over the years. The equity ratio has been stable, which is a positive sign of financial health, but the decrease in total assets may indicate issues in asset management or valuation.

Cash Flow

Operating cash flow has been negative in recent years, which is concerning for liquidity and operational sustainability. Free cash flow has also been negative, indicating potential issues in generating cash from operations. The company has seen fluctuations in financing and investing cash flows, which can imply instability in cash management strategies.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
92.23M	99.26M	152.66M	179.47M	100.36M
	Gross Profit
92.23M	99.26M	152.66M	179.47M	77.39M
	EBIT
-15.38M	-51.77M	22.25M	51.61M	22.50M
	EBITDA
0.00	-57.55M	25.70M	43.55M	0.00
	Net Income Common Stockholders
-15.38M	-51.77M	17.33M	52.48M	17.70M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
485.57M	114.94M	431.62M	499.74M	228.04M
	Total Assets
2.74B	3.12B	3.13B	2.67B	1.50B
	Total Debt
198.40M	259.47M	359.48M	57.75M	145.01M
	Net Debt
24.87M	148.98M	282.21M	-70.54M	27.07M
	Total Liabilities
2.41B	2.93B	2.88B	2.39B	1.39B
	Stockholders Equity
327.79M	185.99M	248.79M	276.91M	107.97M
Cash Flow		Free Cash Flow
-8.34M	43.09M	93.48M	58.00M	-111.35M
	Operating Cash Flow
-8.34M	44.06M	93.93M	59.21M	-108.34M
	Investing Cash Flow
-111.85M	-23.21M	-628.18M	52.48M	-340.88M
	Financing Cash Flow
153.41M	23.03M	480.98M	-99.09M	507.14M

Blue Ridge Bankshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRBS, the sentiment is Negative. The current price of 3.29 is below the 20-day moving average (MA) of 3.41, below the 50-day MA of 3.39, and above the 200-day MA of 3.25, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 36.96 is Neutral, neither overbought nor oversold. The STOCH value of 7.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BRBS.

Blue Ridge Bankshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BCML	74 Outperform	$293.00M	12.68	7.28%	3.00%	2.11%	-5.15%
FNLC	72 Outperform	$265.05M	9.40	11.19%	6.09%	13.08%	1.42%
PDLB	68 Neutral	$311.08M	22.05	2.88%	―	20.07%	147.42%
CZFS	66 Neutral	$274.88M	9.66	9.62%	3.43%	9.53%	63.45%
Sector *	64 Neutral	$12.73B	9.92	7.90%	78.88%	12.06%	-7.95%
RBB	54 Neutral	$286.68M	13.93	4.09%	3.96%	-4.09%	-44.36%
BRBS	44 Neutral	$302.71M	―	-4.98%	―	-16.75%	86.60%

Blue Ridge Bankshares Corporate Events

Blue Ridge Bankshares Updates Executive Agreements for Stability

On January 23, 2025, Blue Ridge Bankshares, Inc. announced the amendment and restatement of employment agreements for key executives G. William Beale and Judy C. Gavant, effective January 1, 2025. The revised agreements, set for a two-year term with automatic renewals, adjust terms for benefits, severance payments, and non-competition covenants, potentially impacting executive retention and operational stability.