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A new 2022/23 study continues the trading studies from 2017 testing abnormal Russell Index reconstitution returns from scholarly literature. Since 2017 the best return results from a price momentum test generated +57.90% in the first six months and average gains reached +29.04% in the...
Studies suggest that index rebalancing anomalies generate excess risk-adjusted returns caused by stock index funds and institutional investors that benchmark the indexes. Four years of research including the most robust 2021 study come to a close on the annual June rebalancing and som...
Blue Ridge Bank Expands Middle Market Banking Effort PR Newswire RICHMOND, Va. , May 2, 2022 /PRNewswire/ -- Blue Ridge Bank , N.A. (the "Bank"), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), today announced the es...
Blue Ridge Bankshares press release (NYSE:BRBS): Q1 GAAP EPS of $0.93. Revenue of $47.76M (+33.3% Y/Y). For further details see: Blue Ridge Bankshares GAAP EPS of $0.93, revenue of $47.76M
Blue Ridge Bankshares, Inc. Announces First Quarter 2022 Results PR Newswire CHARLOTTESVILLE, Va. , April 28, 2022 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Associat...
Blue Ridge Bankshares Announces Elimination of Single-Use Plastics By 2024 PR Newswire CHARLOTTESVILLE, Va. , April 22, 2022 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (NYSE American: BRBS) (the "Company"), the holding company of Blue Ridge Ban...
Blue Ridge Bankshares Announces the Appointment of Judy Gavant as Bank President PR Newswire CHARLOTTESVILLE, Va. , April 20, 2022 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (NYSE American: BRBS) (" Blue Ridge "), the holding company of Blue Rid...
Blue Ridge Bankshares, Inc. Announces Fourth Quarter and Full Year 2021 Results Reports 12% Annualized Loan Growth in Fourth Quarter PR Newswire CHARLOTTESVILLE, Va. , Jan. 27, 2022 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE Americ...
Blue Ridge Bankshares and FVCBankcorp Mutually Agree to Terminate Merger Agreement PR Newswire CHARLOTTESVILLE, Va. and FAIRFAX, Va. , Jan. 20, 2022 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (NYSEAM: BRBS) (" Blue Ridge "), the parent company of Blue Ri...
Potential deal in the works - Cerner to be acquired by Oracle in mega tech deal. The acquisition of Cerner by Oracle could be a net negative for Oracle shareholders considering how challenging the integration of the company is likely to be. The size of the deal ($28.4 billion incl...
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SAN DIEGO, June 17, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announced that a lawsuit is pending for certain investors in NYSE: BRBS shares. Investors, who purchased shares of Blue Ridge Bankshares, Inc. (NYSE: BRBS) prior to March 2023 and continue to hold any of those NYSE...
Blue Ridge Bankshares, Inc. Announces 2024 First Quarter Results PR Newswire Completed capital raise of $150 million private placement, which closed subsequent to the end of the quarter, to help fund business transformation Solidified compliance and risk management...
Blue Ridge Bankshares, Inc. Announces the Signing, Closing and Funding of Amended and Restated Definitive Purchase Agreements for $150 Million in a Private Placement of Common and Preferred Stock PR Newswire Capital expected to allow the bank to reposition business lines, su...