Blue Ridge Bankshares, Inc. (BRBS)

Blue Ridge Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	148.22	152.94	111	97.93	51.56	27.09
Interest Income on Investments	17.33	16.05	10.65	5.61	2.9	3.8
Total Interest Income	165.55	169	121.65	103.55	54.46	30.89
Interest Paid on Deposits	70.64	59.97	11.26	6.44	6.25	6.21
Interest Paid on Borrowings	13.61	15.99	5.83	4.63	3.7	3.31
Total Interest Expense	84.25	75.95	17.09	11.07	9.95	9.52
Net Interest Income	81.3	93.04	104.57	92.48	44.51	21.37
Net Interest Income Growth (YoY)	-18.22%	-11.02%	13.07%	107.78%	108.30%	23.61%
Trust Income	2.36	1.84	1.77	2.37	-	-
Mortgage Banking Activities	9.12	10	20.65	37.02	44.46	14.43
Gain (Loss) on Sale of Assets	-1.56	-0.55	-	-	-	0
Gain (Loss) on Sale of Investments	-9.27	-1.75	9.31	7.32	-	0.45
Other Non-Interest Income	11.7	11.87	10.35	12.49	9.61	2.96
Total Non-Interest Income	14.98	28.54	48.09	86.99	55.85	18.8
Non-Interest Income Growth (YoY)	-50.52%	-40.65%	-44.71%	55.75%	197.14%	85.68%
Revenues Before Loan Losses	96.28	121.58	152.66	179.47	100.36	40.16
Provision for Loan Losses	-1.33	22.32	25.69	0.12	10.45	1.74
Revenue	97.61	99.26	126.97	179.35	89.91	38.42
Revenue Growth (YoY)	-0.74%	-21.83%	-29.21%	99.48%	134.01%	46.74%
Salaries and Employee Benefits	57.06	56.59	54.44	60.15	44.41	19.1
Occupancy Expenses	3.95	4.1	3.42	4.03	1.71	1.02
Federal Deposit Insurance	6.09	5.06	1.34	1.01	0.75	0.42
Amortization of Goodwill & Intangibles	1.13	1.3	1.53	1.67	0.63	-
Selling, General & Administrative	25.47	30.38	21.38	17.54	10.79	7.32
Other Non-Interest Expense	19.22	27.86	22.62	14.71	6.58	4.99
Total Non-Interest Expense	112.9	125.28	104.73	99.12	64.86	32.85
EBT Excluding Unusual Items	-15.29	-26.02	22.25	80.23	25.05	5.58
Legal Settlements	-6	-6	-	-	-	-
Pretax Income	-21.29	-58.84	22.2	68.36	22.67	5.58
Income Tax Expense	-2.15	-7.07	5.2	15.74	4.84	0.97
Earnings From Continuing Operations	-19.14	-51.77	17	52.62	17.84	4.6
Earnings From Discontinued Operations	-	-	0.34	-0.14	-0.14	-
Minority Interest in Earnings	-	-	-0	-0	-0	-0.02
Net Income	-19.14	-51.77	17.33	52.48	17.7	4.58
Net Income to Common	-19.14	-51.77	17.33	52.48	17.7	4.58
Net Income Growth	-	-	-66.97%	196.55%	286.38%	0.44%
Basic Shares Outstanding	34	19	19	18	9	6
Diluted Shares Outstanding	34	19	19	18	9	6
Shares Change (YoY)	80.51%	0.61%	5.46%	109.13%	37.22%	49.23%
EPS (Basic)	-0.56	-2.73	0.92	2.94	2.07	0.74
EPS (Diluted)	-0.56	-2.73	0.92	2.94	2.07	0.73
EPS Growth	-	-	-68.79%	41.88%	182.72%	-32.93%
Dividend Per Share	-	0.122	0.490	0.460	0.380	0.380
Dividend Growth	-	-75.00%	6.52%	21.05%	0%	5.56%
Effective Tax Rate	-	-	23.42%	23.02%	21.33%	17.45%

Source: S&P Capital IQ. Banks template. Financial Sources.