Blue Ridge Bankshares, Inc. Announces 2024 Second Quarter Results
Blue Ridge Bankshares(BRBS) Prnewswire·2024-07-25 21:00
Company on-track to exit its fintech depository operations Private Placement Stock Offering (Comparisons for Second Quarter 2024 are relative to First Quarter 2024 unless otherwise noted.) Net Income: The net loss in the quarter was $11.4 million, or $0.47 per diluted common share, compared to a net loss of $2.9 million, or $0.15 per diluted common share, for the prior quarter. Loss before income taxes of $12.1 million in the quarter included a $8.5 million, non-cash, fair value adjustment of an equity inve ...