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0 0 -0.00046490004649016 -0.00046490004649016 0.00650860065085997 -0.00511390051139011 0.000697350069735033 0.000697350069735033
Stock impact report

Blue Ridge Bankshares: Profits Up, Customer Deposits Down [Seeking Alpha]

Blue Ridge Bankshares, Inc. (BRBS) 
Company Research Source: Seeking Alpha
Net income returned, signaling operational improvement. However, this isn't an inflection point for BRBS's financial trajectory. The monetary backdrop is accommodative, but BRBS needs to find ways to enhance efficiency. wildpixel/iStock via Getty Images Investment Thesis Blue Ridge Bankshares, Inc. ( BRBS ) is a small, well-capitalized community bank in Virginia. It recently saw a significant improvement in profitability. Net Interest Income "NII" Margins improved on the back of widening spreads. The cost structure improved on This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alph Show less Read more
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