Blue Ridge Bankshares Q3 EPS $0.01, Up From $(2.18) Last Year; Regulatory Remediation Efforts On Track
Portfolio Pulse from Benzinga Newsdesk
Blue Ridge Bankshares reported a Q3 EPS of $0.01, a significant improvement from a loss of $2.18 per share last year. The company is also making progress in its regulatory remediation efforts.
October 29, 2024 | 9:29 pm
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Blue Ridge Bankshares reported a Q3 EPS of $0.01, a significant improvement from a loss of $2.18 per share last year. The company is also making progress in its regulatory remediation efforts.
The improvement in EPS from a significant loss to a positive figure indicates a strong turnaround in financial performance. Additionally, the progress in regulatory remediation efforts suggests that the company is addressing past issues, which could further stabilize and improve its market position.
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