Blue Ridge Bankshares (BRBS) Loans - Loss Allowance: 2018-2024
Historic Loans - Loss Allowance for Blue Ridge Bankshares (BRBS) over the last 5 years, with Sep 2024 value amounting to $25.5 million.
- Blue Ridge Bankshares' Loans - Loss Allowance fell 48.72% to $25.5 million in Q3 2024 from the same period last year, while for Sep 2024 it was $25.5 million, marking a year-over-year decrease of 48.72%. This contributed to the annual value of $35.9 million for FY2023, which is 16.76% up from last year.
- As of Q3 2024, Blue Ridge Bankshares' Loans - Loss Allowance stood at $25.5 million, which was down 9.21% from $28.0 million recorded in Q2 2024.
- Blue Ridge Bankshares' Loans - Loss Allowance's 5-year high stood at $49.6 million during Q3 2023, with a 5-year trough of $4.9 million in Q1 2020.
- For the 3-year period, Blue Ridge Bankshares' Loans - Loss Allowance averaged around $29.9 million, with its median value being $30.7 million (2022).
- Per our database at Business Quant, Blue Ridge Bankshares' Loans - Loss Allowance spiked by 202.43% in 2020 and then plummeted by 48.72% in 2024.
- Over the past 5 years, Blue Ridge Bankshares' Loans - Loss Allowance (Quarterly) stood at $13.8 million in 2020, then decreased by 12.34% to $12.1 million in 2021, then spiked by 153.61% to $30.7 million in 2022, then grew by 16.76% to $35.9 million in 2023, then slumped by 48.72% to $25.5 million in 2024.
- Its Loans - Loss Allowance was $25.5 million in Q3 2024, compared to $28.0 million in Q2 2024 and $35.0 million in Q1 2024.