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Stock impact report

Blue Ridge Bankshares, Inc. Announces 2024 First Quarter Results [Yahoo! Finance]

Blue Ridge Bankshares, Inc. (BRBS) 
Company Research Source: Yahoo! Finance
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 American: 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 the quarter ended March 31, 2024 , the Company reported a net loss of $2.9 million , or per diluted common share, compared to a net loss of $5.8 million , or per diluted common share, for the fourth quarter of 2023, and net income of $4.0 million , or per diluted common share, for the first quarter of 2023. A Message From Blue Ridge Bankshares, Inc. President and CEO, G. William "Billy" Beale: "Our efforts during the first quarter further reflect the deep commitment of this leadership team to aggressively pursue the steps necessary to tra Show less Read more
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