10-Q quarterly report · filed Nov 4, 2025

BLUE RIDGE BANKSHARES, INC. (BRBS) Q3 2025 10-Q Quarterly Report

Short answer

BLUE RIDGE BANKSHARES, INC. (BRBS) filed its Q3 2025 10-Q quarterly report on Nov 4, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $36M (down 7.7% year over year) with net income of $6M.

Q3 2025 key financials · XBRL

Revenue
$36M
−7.7% YoY · +4.3% QoQ
Net income
$6M
+492.3% YoY · +332.3% QoQ
EPS (diluted)
$0.06
−81.3% YoY · +200.0% QoQ

Source: XBRL data from the BLUE RIDGE BANKSHARES, INC. (BRBS) Q3 2025 10-Q on SEC EDGAR. USD.

BLUE RIDGE BANKSHARES, INC. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net interest income $21.9M, up from $19.1M YoY; net interest margin 3.60% vs 2.74%
  • Net income $5.6M vs $0.9M YoY; quarterly profitability supported by $2.3M after-tax loan fee income
  • Mortgage banking weakest line: income $5K vs $2.7M YoY following division sale
  • Total assets $2.50B, down $240.3M from December 31, 2024; loans declined $199.1M to $1.91B
  • Management focus: traditional community banking transition, fintech exit, regulatory remediation completion, and workforce reduction to 311 employees

Risk Factors

  • No material changes to risk factors disclosed in 2024 Form 10-K
  • Additional unknown or currently immaterial risks could adversely affect results
  • Repurchase Program authorization up to $15 million, subject to liquidity and capital needs
  • September repurchases reduced remaining authorization to $12,233,238
  • No defaults upon senior securities reported during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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