BLUE RIDGE BANKSHARES, INC. (BRBS) SEC Filings & Earnings Calls
EquiReason read 9 BLUE RIDGE BANKSHARES, INC. SEC filings in the last 12 months. Latest: 8-K on 2026-08-17 — Blue Ridge Bankshares is being acquired by HomeTrust Bancshares, expanding HomeTrust's presence into attractive Virginia markets..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 365.0M
- P/E TTM
- 40.7
- Dividend yield
- 20.8%
- 52-week
- —
- Next earnings
- 3 Nov, in 9 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
10 Aug 202610-QBlue Ridge Bankshares reported a net loss of $1.3M in Q2 2026 compared to net income of $1.3M in Q2 2025, driven by a sharp increase in provision for credit losses and lower net interest income.open
Figures in the filing · each found in the filing text
| Net interest income · Q2-2026 | $17M | -17% y/y |
| Net income · Q2-2026 | $-1M | -200% y/y |
| Provision for credit losses · Q2-2026 | $4M | |
| Nonaccrual loans · Q2-2026 | $29M | |
| Total deposits · Q2-2026 | $1.86B | |
| Allowance for credit losses · Q2-2026 | $22M |
Risks flagged
Credit quality deterioration
“The increase in nonaccrual loans since December 31, 2025 was primarily attributable to loans to a single out-of-market relationship originated prior to 2024 totaling $11.4 million.” · word for word
Deposit outflow risk
“Total deposits 1,862,333 1,911,162” · word for word
Capital erosion from dividends
“the Company announced a special cash dividend of $0.60 per share of the Company's common stock totaling approximately $54.1 million” · word for word
28 Jul 20268-K · 2.02Blue Ridge Bankshares reports Q2 2026 net loss of $0.2M vs net income of $0.8M in Q1 2026; loan growth returns, deposit mix improves, expenses reduced.earningsopen
Figures in the filing · each found in the filing text
| Net loss · Q2-2026 | $-200000.00 | |
| Net interest income · Q2-2026 | $17M | |
| Net interest margin · Q2-2026 | 2.9% | |
| Total assets · Q2-2026 | $2.33B | |
| Loans held for investment · Q2-2026 | $20M | |
| Tangible book value per common share · Q2-2026 | $3.10 |
Risks flagged
Credit risk from out-of-market relationship; $1.5M reserve established.
“Loans from a single out-of-market relationship originated prior to 2024 were placed on nonaccrual at June 30, 2026, and a reserve was established for the loan in the amount of $1.5 million.” · word for word
Severance expenses related to executive transitions; $0.3M after-tax in Q2.
“Net loss for the second quarter of 2026 also included $0.3 million of after-tax expenses related to severance” · word for word
5 May 202610-QCompany declared a special cash dividend of $0.60 per share totaling approximately $54.1 million.open
Figures in the filing · each found in the filing text
| Net interest income · Q1-2026 | $17M | -11% y/y |
| Net income (loss) · Q1-2026 | $836000.00 | |
| Total loans held for investment, net · 2026-03-31 | $1.81B | |
| Total deposits · 2026-03-31 | $1.89B | |
| Allowance for credit losses · 2026-03-31 | $19M | |
| Nonaccrual loans · 2026-03-31 | $20M | |
| Gross charge-offs · Q1-2026 | $2M | |
| Recovery of credit losses - loans · Q1-2026 | $600000.00 |
Risks flagged
Loan portfolio contraction
“Loans held for investment, net of deferred fees and costs 1,833,899 1,865,717” · word for word
Net interest income decline
“Net interest income 16,906 18,990” · word for word
Large dividend reduces equity
“special cash dividend of $0.60 per share of the Company's common stock totaling approximately $54.1 million”
30 Apr 2026DEF 14AProxy statement for 2026 annual meeting; CEO retired, board declassified, activist investors hold significant stakes, company returned to profitability in 2025.open
Figures in the filing · each found in the filing text
| Net income · FY2025 | $11M | |
| Shareholder return (TSR) · FY2025 | $36.95 | +40% y/y |
| CEO total compensation · FY2025 | $4M | +212% y/y |
| CEO compensation actually paid · FY2025 | $4M | +165% y/y |
| Average non-CEO NEO total compensation · FY2025 | $2M | +220% y/y |
| Average non-CEO NEO compensation actually paid · FY2025 | $2M | +186% y/y |
| Outstanding shares · 2026-04-23 | 89,796,993 | |
| Kenneth Lehman ownership · 2026-04-23 | 29,998,257 | |
| Castle Creek ownership · 2026-04-23 | 17,285,078 | |
| Wellington Management ownership · 2026-04-23 | 6,652,150 |
Risks flagged
CEO succession risk
“On March 6, 2026, Mr. Beale retired as President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank.” · word for word
Concentrated ownership by activists
“Kenneth R. Lehman ... 30.06% ... Castle Creek Capital Partners VIII, L.P. ... 18.09%”
Historical net losses
“Net Income (in millions) ... 2024 ... -15.4 ... 2023 ... -51.8”
Consent order termination achieved
“helping the Bank obtain the termination of the Bank’s Consent Order with the Office of the Comptroller of the Currency” · word for word
23 Apr 20268-K · 2.02Blue Ridge Bankshares reported Q1 2026 net income of $0.8M ($0.01 EPS), down from $4.2M ($0.04) QoQ but up from net loss of $0.4M YoY. Excluding transition expenses, adjusted net income $2.1M. NIM declined to 2.90%. Special dividend of $0.6earningsopen
Figures in the filing · each found in the filing text
| Net income · Q1-2026 | $800000.00 | -300% y/y |
| Diluted EPS · Q1-2026 | $0.01 | -200% y/y |
| Net interest income · Q1-2026 | $17M | |
| Net interest margin · Q1-2026 | 2.9% | |
| Cost of deposits · Q1-2026 | 2.3% | |
| Tangible book value per share · Q1-2026 | $3.11 | -15% y/y |
| Tangible common equity ratio · Q1-2026 | 11.4% | |
| Noninterest income · Q1-2026 | $2M | |
| Noninterest expense · Q1-2026 | $19M | |
| Recovery of credit losses · Q1-2026 | $600000.00 |
Risks flagged
Capital ratios significantly declined due to large special dividend, though still above regulatory minimums. Tangible equity ratio dropped from 13.2% to 11.4%.
“Tangible common equity ratio declined to 11.4% from 13.2% at prior quarter end. Bank tier 1 leverage ratio declined to 11.01% from 13.04%.”
Earnings volatility from executive transition expenses and incentive costs; adjusted earnings more stable but still below prior quarter.
“Net income included $1.3M after-tax transition expenses and $1.0M pre-tax incentive expenses. Adjusted net income $2.1M vs reported $0.8M.”
Loan portfolio contraction continues as non-strategic loans are reduced, pressuring net interest income.
“Average loans held for investment and held for sale declined $50.5 million on a sequential quarter basis.”
12 Mar 202610-KAnnual 10-K filing for a community bank with improving credit quality, shrinking loan portfolio, and significant debt reduction.earningsopen
Figures in the filing · each found in the filing text
| Gross loans held for investment · FY2025 | $1.86B | -12% y/y |
| Allowance for credit losses on loans · FY2025 | $19M | -16% y/y |
| Nonaccrual loans · FY2025 | $21M | -10% y/y |
| Net charge-offs (recoveries) · FY2025 | $321000.00 | |
| Provision for credit losses - loans · FY2025 | $-4M | |
| Subordinated notes, net · FY2025 | $15M | -63% y/y |
| Brokered deposits · FY2025 | $240M | -40% y/y |
| Mortgage servicing rights · FY2025 | $0.00 | -100% y/y |
| Fintech investment impairment · FY2024 | $9M | |
| Bank-owned life insurance cash surrender value · FY2025 | $900000.00 | -18% y/y |
Risks flagged
Credit risk from loan portfolio concentration in commercial real estate
“Real estate – commercial 836,308 ... Real estate – residential 636,743”
Interest rate risk from securities portfolio with large unrealized losses
“Gross Unrealized Losses (40,668) ... Fair Value 332,928”
Liquidity risk from reliance on brokered deposits and FHLB borrowings
“Brokered deposits, which consist of time deposits, totaled $240.2 million ... FHLB borrowings totaling $150.0 million” · word for word
Operational risk from fintech investment impairment
“In the second quarter of 2024, the Company identified potential impairment triggers related to one of its investments in a fintech company, resulting in an $8.5 million impairment charge” · word for word
29 Jan 20268-K · 2.02Blue Ridge Bankshares reported Q4 2025 net income of $4.2M ($0.04 EPS) vs net loss of $2.0M (-$0.03) a year ago; full year net income $10.7M vs loss $15.4M; consent order terminated Nov 2025; special dividend $0.25/share; share buyback actiearningsopen
Figures in the filing · each found in the filing text
| Net income · Q4-2025 | $4M | -310% y/y |
| Diluted EPS · Q4-2025 | $0.04 | -233% y/y |
| Net interest income · Q4-2025 | $18M | |
| Net interest margin · Q4-2025 | 3.0% | |
| Tangible book value per common share · 2025-12-31 | $3.65 | -9% y/y |
| Tier 1 leverage ratio (Bank) · Bank · 2025-12-31 | 13.0% | |
| Total risk-based capital ratio (Bank) · Bank · 2025-12-31 | 19.2% | |
| Full year net income · FY2025 | $11M | -169% y/y |
| Full year diluted EPS · FY2025 | $0.11 | -135% y/y |
| Share repurchase amount · FY2025 | $3M |
Risks flagged
Loan portfolio continues to contract due to legacy non-footprint loans; competitive market pressure.
“Loan portfolio continues to contract mostly because of non-footprint loans made under prior management.” · word for word
Net interest margin declined significantly QoQ; from 3.60% to 3.04% (including loan fee income effect).
“Net interest margin was 3.04% for the quarter compared to 3.60% for the prior quarter.” · word for word
4 Nov 202510-QBlue Ridge Bankshares reported Q3 2025 net income of $5.6 million, up from $0.9 million in Q3 2024, driven by higher net interest income and lower expenses.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q3-2025 | $22M | +15% y/y |
| Net income · Q3-2025 | $6M | +492% y/y |
| Total loans held for investment · Q3-2025 | $1.91B | |
| Total deposits · Q3-2025 | $1.95B | |
| Allowance for credit losses · Q3-2025 | $21M |
Risks flagged
Regulatory consent order
“The Bank entered into a consent order with the Office of the Comptroller of the Currency (the 'OCC') on January 24, 2024... requires the Bank to maintain a leverage ratio of 10.0% and a total capital ratio of 13.0%.” · word for word
Loan portfolio contraction
“Loans held for investment decreased from $2.11 billion at December 31, 2024 to $1.91 billion at September 30, 2025.”
BLUE RIDGE BANKSHARES, INC. — questions
- What did BLUE RIDGE BANKSHARES, INC. file recently?
- 9 SEC filings in the last 12 months. Latest: 8-K on 2026-08-17 — Blue Ridge Bankshares is being acquired by HomeTrust Bancshares, expanding HomeTrust's presence into attractive Virginia markets.
Every figure on this page comes from BLUE RIDGE BANKSHARES, INC.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.