BLUE RIDGE BANKSHARES, INC. BRBS
Blue Ridge Bankshares, Inc. (the "Company") is a bank holding company headquartered in Richmond, Virginia. The Company provides commercial and consumer banking and financial services through its wholly-owned bank subsidiary, Blue Ridge Bank, National Association (the "Bank"), and its wealth and trust management subsidiary, BRB Financial Group, Inc. (the "Financial Group"). The Company was incorporated under the laws of the Commonwealth of Virginia in July 1988.
The Bank is a federally chartered national bank with its main office in Martinsville, Virginia that traces its roots to Page Valley Bank of Virginia, which opened for business in 1893. At December 31, 2025, the Bank operated twenty-seven full-service banking offices across its footprint, which stretches from the Shenandoah Valley across the Piedmont region through Richmond and into the coastal peninsulas and the Hampton Roads region of Virginia and into central North Carolina.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $137.8M | $160.3M | $169.0M | $121.7M | $103.5M | $54.5M | $2.2M | $2.2M | — |
| Total operating expenses | — | — | — | — | — | $88.8M | $44.1M | $26.8M | — |
| Interest expense | $78.9M | $78.7M | $93.0M | $17.1M | $11.1M | $9.9M | $9.5M | $5.2M | — |
| Pre-tax income | $13.8M | -$16.5M | -$58.8M | $22.2M | $68.4M | $22.7M | $5.6M | $5.7M | — |
| Income tax | $3.1M | $1.1M | $7.1M | $5.2M | $15.7M | $4.8M | $973.0K | $1.1M | — |
| Net income | $10.7M | -$15.4M | -$51.8M | $17.3M | $52.5M | $17.7M | $4.6M | $4.6M | — |
| EPS, basic | 0.12 | -0.31 | -2.73 | 0.92 | 2.94 | 2.05 | 1.10 | 1.64 | — |
| EPS, diluted | 0.11 | -0.31 | -2.73 | 0.92 | 2.94 | 2.05 | 1.10 | 1.64 | — |
| Shares, diluted (wtd. avg.) | 97.3M | 49.1M | 18.9M | 18.8M | 17.9M | 8.5M | 4.15B | 2,779 | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $115.9M | $173.5M | $110.5M | $77.3M | $130.5M | $117.9M | $60.0M | $15.0M | $10.3M |
| Property, plant and equipment | $21.5M | $21.4M | $22.3M | $23.2M | $26.6M | $14.8M | $13.7M | $3.3M | — |
| Goodwill | — | — | $0 | $26.8M | $26.8M | $19.6M | $16.6M | $2.7M | — |
| Other intangibles | — | — | $5.4M | $6.6M | $7.6M | $2.6M | $3.7M | $1.3M | — |
| Total assets | $2.43B | $2.74B | $3.12B | $3.13B | $2.67B | $1.50B | $960.8M | $539.6M | — |
| Long-term debt | — | — | — | — | — | — | $9.8M | $9.8M | — |
| Total liabilities | $2.11B | $2.41B | $2.93B | $2.88B | $2.39B | $1.39B | $868.5M | $500.0M | — |
| Retained earnings | -$659.0K | $17.8M | $33.2M | $97.7M | $86.0M | $40.7M | $25.4M | $23.3M | — |
| Total equity | $323.7M | $327.8M | $186.0M | $248.8M | $277.1M | $108.2M | $92.3M | $39.6M | $36.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $13.6M | -$6.3M | $44.1M | $93.9M | $59.2M | -$108.3M | -$20.6M | -$4.6M | — |
| Depreciation and amortisation | $1.4M | $1.5M | $1.6M | $1.9M | $2.0M | $924.0K | $539.0K | $415.0K | — |
| Capital expenditure | $1.7M | $588.0K | $961.0K | $455.0K | $1.2M | $3.0M | $1.1M | $1.5M | — |
| Investing cash flow | $241.9M | $419.0M | -$23.2M | -$628.2M | $52.5M | -$340.9M | -$94.7M | -$102.0M | — |
| Financing cash flow | -$315.5M | -$357.9M | $23.0M | $481.0M | -$99.1M | $507.1M | $160.3M | $111.2M | — |
| Dividends paid | $22.6M | $0 | $4.6M | $9.2M | $7.2M | $2.4M | $2.5M | $1.5M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-196703.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.2M | $2.2M | $54.5M | $103.5M | $121.7M | $169.0M | $160.3M | $137.8M |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Net income | — | $4.6M | $4.6M | $17.7M | $52.5M | $17.3M | -$51.8M | -$15.4M | $10.7M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Results announced Item 2.02
- Officer or director change Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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