Blue Ridge Bankshares, Inc. (BRBS) is a publicly-traded financial services company headquartered in Charlottesville, Virginia. The company was founded in 1893, making it one of the oldest banks in Virginia. The company's stock is traded on the New York Stock Exchange under the ticker symbol "BRBS".
As the holding company for Blue Ridge Bank, BRBS provides a variety of financial services to individuals and businesses, including checking and savings accounts, loans, and wealth management. Its mission is to deliver superior financial services to its customers and to promote economic growth and stability within the community. The company accomplishes this mission through its unwavering commitment to customer service, its dedication to the community, and its focus on profitable growth.
One of the most defining aspects of Blue Ridge Bankshares, Inc. is its deep commitment to community. Despite its growth and expansion throughout the years, the company has never lost sight of its roots. In addition to offering diverse financial services, BRBS makes consistent efforts to promote economic growth and humanitarian aid within their communities.
The company has a solid track record of financial performance, driven by strong lending activities, prudent expense management, and a disciplined approach to credit quality and risk management. Apart from its strong financial performance, BRBS has been recognized for its progressive work practices and has been named among the "Best Places to Work" multiple times.
In recent years, BRBS has employed a strategy of expansion and diversification to ensure sustained growth. It has grown beyond its traditional banking services and has notably made strides into the cryptocurrency realm. In 2021, Blue Ridge Bankshares launched its Bitcoin ATM Service, becoming the nation’s first commercial bank to do so.
In summary, Blue Ridge Bankshares, Inc. is a well-established and multifaceted financial institution known for its robust performance, diverse financial service offerings, commitment to community, and forward-thinking approach. With over a century's worth of banking experience and an innovative spirit, BRBS is well-positioned to continue to serve its customers and support its local community for many more years to come.