Blue Ridge Bankshares (BRBS) Operating Expenses: 2018-2024

Historic Operating Expenses for Blue Ridge Bankshares (BRBS) over the last 6 years, with Dec 2024 value amounting to $25.6 million.

  • Blue Ridge Bankshares' Operating Expenses fell 15.70% to $25.6 million in Q4 2024 from the same period last year, while for Dec 2024 it was $113.8 million, marking a year-over-year decrease of 27.92%. This contributed to the annual value of $113.8 million for FY2024, which is 27.92% down from last year.
  • Latest data reveals that Blue Ridge Bankshares reported Operating Expenses of $25.6 million as of Q4 2024, which was down 3.07% from $26.5 million recorded in Q3 2024.
  • Over the past 5 years, Blue Ridge Bankshares' Operating Expenses peaked at $64.6 million during Q3 2023, and registered a low of $11.3 million during Q1 2020.
  • Over the past 3 years, Blue Ridge Bankshares' median Operating Expenses value was $29.0 million (recorded in 2022), while the average stood at $31.4 million.
  • As far as peak fluctuations go, Blue Ridge Bankshares' Operating Expenses soared by 166.67% in 2021, and later tumbled by 59.06% in 2024.
  • Quarterly analysis of 5 years shows Blue Ridge Bankshares' Operating Expenses stood at $21.7 million in 2020, then grew by 15.64% to $25.1 million in 2021, then increased by 9.58% to $27.6 million in 2022, then climbed by 10.40% to $30.4 million in 2023, then fell by 15.70% to $25.6 million in 2024.
  • Its Operating Expenses stands at $25.6 million for Q4 2024, versus $26.5 million for Q3 2024 and $29.3 million for Q2 2024.