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Blue Ridge Bankshares (Blue Ridge Bankshares) Tangible Book per Share : $7.56 (As of Mar. 2024)


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What is Blue Ridge Bankshares Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Blue Ridge Bankshares's tangible book value per share for the quarter that ended in Mar. 2024 was $7.56.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Blue Ridge Bankshares Tangible Book per Share Historical Data

The historical data trend for Blue Ridge Bankshares's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Blue Ridge Bankshares Tangible Book per Share Chart

Blue Ridge Bankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 8.07 9.17 12.04 9.84 8.00

Blue Ridge Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.43 8.99 7.72 8.00 7.56

Competitive Comparison of Blue Ridge Bankshares's Tangible Book per Share

For the Banks - Regional subindustry, Blue Ridge Bankshares's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blue Ridge Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Blue Ridge Bankshares's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Blue Ridge Bankshares's Price-to-Tangible-Book falls into.



Blue Ridge Bankshares Tangible Book per Share Calculation

Blue Ridge Bankshares's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(185.989-0-32.496)/19.1984
=8.00

Blue Ridge Bankshares's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(180.906-0-32.852)/19.584
=7.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Blue Ridge Bankshares  (AMEX:BRBS) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Blue Ridge Bankshares Tangible Book per Share Related Terms

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Blue Ridge Bankshares (Blue Ridge Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
1807 Seminole Trail, Charlottesville, VA, USA, 22901
Blue Ridge Bankshares Inc is a United States-based company engaged in offering commercial and consumer banking and financial services through its wholly-owned bank subsidiary, Blue Ridge Bank, National Association, and its non-bank financial services affiliates. The bank offers services such as checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, investment accounts, insurance, credit cards, online banking, telephone banking, and mobile banking. Its primary source of revenue is interest income from the lending activities.
Executives
Brian K. Plum director, officer: CEO & President 17 WEST MAIN STREET, LURAY VA 22835
Robert S. Janney director 17 WEST MAIN STREET, LURAY VA 22835
Brett Raynor officer: Cheif Accounting Officer 17 WEST MAIN STREET, LURAY VA 22835
Lanell Deloach officer: Chief Credit Officer of Subsid 17 WEST MAIN STREET, LURAY VA 22835
Heather Cozart director 500 RAMBLEWOOD DRIVE, RALEIGH NC 27609
Otis Jones director 9118 AVOCET CT, CHESTERFIELD VA 23838
G William Beale officer: CEO of Bank Subsidiary 1051 E. CARY STREET, SUITE 1200, RICHMOND VA 23219
Vance H Spilman director 5417 CARY STREET ROAD, RICHMOND VA 23226
Andrew C. Holzwarth director 17 WEST MAIN STREET, LURAY VA 22835
William W. Stokes director 17 WEST MAIN STREET, LURAY VA 22835
Larry Dees director 17 WEST MAIN STREET, LURAY VA 22835
Mensel D Dean director 4095 VALLEY PIKE, WINCHESTER VA 22602
Carolyn J. Woodruff director 17 WEST MAIN STREET, LURAY VA 22835
Reynolds Randolph N Jr director 3 PARTRIDGE HILL ROAD, RICHMOND VA 23238
Farmar Richard A Iii director P O BOX 1181, WARSAW VA 22572

Blue Ridge Bankshares (Blue Ridge Bankshares) Headlines

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