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An announcement from Blue Ridge Bankshares ( (BRBS) ) is now available.
On January 23, 2025, Blue Ridge Bankshares, Inc. announced the amendment and restatement of employment agreements for key executives G. William Beale and Judy C. Gavant, effective January 1, 2025. The revised agreements, set for a two-year term with automatic renewals, adjust terms for benefits, severance payments, and non-competition covenants, potentially impacting executive retention and operational stability.
More about Blue Ridge Bankshares
Blue Ridge Bankshares, Inc. operates in the banking industry through its wholly-owned subsidiary, Blue Ridge Bank, National Association. The company provides traditional banking services, focusing on financial solutions and products, and is strategically positioned within the financial services sector.
YTD Price Performance: 2.73%
Average Trading Volume: 308,353
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $249.2M
For an in-depth examination of BRBS stock, go to TipRanks’ Stock Analysis page.
