10-Q quarterly report · filed May 5, 2026

BLUE RIDGE BANKSHARES, INC. (BRBS) Q1 2026 10-Q Quarterly Report

Short answer

BLUE RIDGE BANKSHARES, INC. (BRBS) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $29M (down 16.9% year over year) with net income of $836,000.

Q1 2026 key financials · XBRL

Revenue
$29M
−16.9% YoY
Net income
$836,000
+292.6% YoY
EPS (diluted)
$0.01
+200.0% YoY

Source: XBRL data from the BLUE RIDGE BANKSHARES, INC. (BRBS) Q1 2026 10-Q on SEC EDGAR. USD.

BLUE RIDGE BANKSHARES, INC. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $0.8M vs net loss $0.4M YoY; net interest income $16.9M vs $19.0M
  • Net interest margin 2.90% vs 2.90%; effective tax rate 24.9% vs 51.2%
  • Commercial real estate largest loan category $831.8M, 45.4% of loans; residential real estate $623.6M, 34.0%
  • Cash and due from banks increased $30.7M; deposits decreased $18.1M to $1.89B
  • Special cash dividend $54.1M, or $0.60 per share; CRE refinancing and collateral-value risks remained headwinds

Risk Factors

  • No material changes to risk factors disclosed in the 2025 Form 10-K
  • Unidentified or previously immaterial risks potentially affecting business, financial condition, or results
  • Repurchase Program discretion limited by liquidity and capital needs
  • Repurchase authorization up to $15 million, with $5,493,962 remaining

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

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