BLUE RIDGE BANKSHARES, INC. (BRBS)
Blue Ridge Bankshares, Inc. serves as the holding company for Blue Ridge Bank, National Association, offering a wide array of commercial, consumer, and financial services. Its business operations are structured into distinct Commercial Banking and Mortgage Banking segments. The institution provides various deposit accounts, including checking, savings, money market, cash management, individual retirement accounts (IRAs), and certificates of deposit (CDs). Lending services encompass commercial and industrial loans, residential and commercial mortgages, home equity lines, consumer installment loans, and government-guaranteed financing. Beyond traditional banking, the company furnishes essential services such as wire transfers, direct deposit payroll, remote deposit, payroll processing, and electronic statements, all accessible via online, mobile, and telephone banking platforms. It also offers property and casualty insurance for both individuals and businesses. Furthermore, Blue Ridge Bankshares delivers employee benefit plan administration, manages personal and corporate trusts—including estate planning, settlement, and administration—and provides investment, wealth management, and additional insurance products. The company also supports other financial institutions and credit unions with wholesale and third-party residential mortgage origination. Blue Ridge Bankshares operates branches throughout numerous cities in Virginia, including Callao, Charlottesville, Chester, Colonial Heights, Culpeper, Fredericksburg, Gordonsville, Harrisonburg, Hartfield, Henrico, Kilmarnock, Louisa, Luray, Martinsville, Midlothian, Mineral, Montross, Orange, Petersburg, Richmond, Shenandoah, Suffolk, Virginia Beach, Warsaw, and White Stone. It also maintains a presence in Greensboro, North Carolina. The company was founded in 1893 and is headquartered in Charlottesville, Virginia.
Sector: State Commercial Banks
Industry: Banks - Regional
Blue Ridge Bankshares, Inc.
- 1.5:1Forward splitApr 30, 20211 share → 1.5
- 1.5:1Forward splitAug 14, 20171 share → 1.5
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $150.61M | $173.89M | $197.37M | $169.74M | $190.53M | $110.31M | $49.32M | $32.27M | $26.33M | $15.93M | $9.45M | $8.52M | $7.38M | $6.46M |
| YoY Growth | -13.4% | -11.9% | 16.3% | -10.9% | 72.7% | 123.7% | 52.8% | 22.6% | 65.3% | 68.5% | 10.9% | 15.4% | 14.3% | - |
| Cost of Revenue | $54.91M | $76.56M | $98.28M | $42.77M | $11.18M | $20.4M | $11.26M | $6.38M | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $95.7M | $97.33M | $99.09M | $126.97M | $179.35M | $89.91M | $38.06M | $25.89M | $26.33M | $15.93M | $9.45M | $8.52M | $7.38M | $6.46M |
| Gross Margin | 63.5% | 56.0% | 50.2% | 74.8% | 94.1% | 81.5% | 77.2% | 80.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $49.5M | $64.56M | $64.37M | $58.81M | $63.86M | $46.46M | $23.28M | $13.52M | $12.72M | $8.92M | $4.69M | $4.47M | $3.61M | $3.22M |
| Other | $32.42M | $49.28M | $93.56M | $45.97M | $47.13M | $20.78M | $9.2M | $6.66M | $0 | -$4.38M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $81.92M | $113.84M | $157.94M | $104.78M | $110.99M | $67.24M | $32.48M | $20.17M | $12.72M | $4.38M | $4.69M | $5.7M | $4.83M | $4.38M |
| Operating Income (EBIT) | $13.78M | -$16.51M | -$58.84M | $22.2M | $68.36M | $22.67M | $5.58M | $5.72M | $5.46M | $1.24M | $4.76M | $2.82M | $3.77M | $2.08M |
| Operating Margin | 9.1% | -9.5% | -29.8% | 13.1% | 35.9% | 20.6% | 11.3% | 17.7% | 20.7% | 7.8% | 50.3% | 33.1% | 51.1% | 32.2% |
| Interest Expense | $58.91M | $81.66M | $75.95M | $17.09M | $11.06M | $9.95M | $9.52M | $5.15M | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $137.77M | $160.32M | $169M | $121.65M | $103.55M | $54.46M | $30.89M | $22.44M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$52K | $0 | -$1.21M | $0 | -$1.22M | $0 |
| Income Before Tax (EBT) | $13.78M | -$16.51M | -$58.84M | $22.2M | $68.36M | $22.67M | $5.58M | $5.72M | $5.41M | $1.24M | $3.55M | $2.82M | $2.55M | $2.08M |
| Income Tax Expense | $3.07M | -$1.12M | -$7.07M | $5.2M | $15.74M | $4.84M | $973K | $1.15M | $2.06M | $553K | $1.05M | $791K | $710K | $563K |
| Net Income | $10.71M | -$15.38M | -$51.77M | $17.33M | $52.48M | $17.7M | $4.58M | $4.56M | $3.35M | $689K | $2.45M | $1.98M | $1.64M | $1.32M |
| Net Income Margin | 7.1% | -8.8% | -26.2% | 10.2% | 27.5% | 16.0% | 9.3% | 14.1% | 12.7% | 4.3% | 26.0% | 23.3% | 22.2% | 20.4% |
| Supplementary Data | ||||||||||||||
| EPS | 0.11 | -0.31 | -2.73 | 0.90 | 2.94 | 2.07 | 0.77 | 1.11 | 0.81 | 0.21 | 0.80 | 0.94 | 0.78 | 0.62 |
| Diluted EPS | 0.11 | -0.31 | -2.73 | 0.90 | 2.94 | 2.07 | 0.77 | 1.11 | 0.81 | 0.21 | 0.80 | 0.94 | 0.78 | 0.62 |
| Weighted Average OS | 106.10M | 49.12M | 18.94M | 18.99M | 17.85M | 8.47M | 6.22M | 4.17M | 4.13M | 3.34M | 3.08M | 2.11M | 2.11M | 2.12M |
| EBITDA | $16.05M | -$13.89M | -$55.85M | $25.7M | $72.18M | $24.23M | $6.57M | $6.64M | $6.27M | $1.62M | $3.82M | $7.12M | $7.75M | $2.1M |
| EBITDA Margin | 10.7% | -8.0% | -28.3% | 15.1% | 37.9% | 22.0% | 13.3% | 20.6% | 23.8% | 10.1% | 40.4% | 83.6% | 105.0% | 32.6% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $115.95M | $173.53M | $110.49M | $77.27M | $130.55M | $117.94M | $60.03M | $15.03M | $9.63M | $15.55M | $7.57M | $8.21M | $4.83M | $7.32M |
| Short-Term Investments | $332.93M | $312.04M | $321.08M | $354.34M | $373.53M | $109.47M | $108.57M | $38.05M | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $448.88M | $485.57M | $431.57M | $431.62M | $504.08M | $227.42M | $168.6M | $53.07M | $9.63M | $15.55M | $7.57M | $8.21M | $4.83M | $7.32M |
| Accounts Receivable | $10.79M | $12.54M | $14.97M | $11.57M | $9.57M | $13.94M | $4.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $459.66M | $498.11M | $446.54M | $443.18M | $513.65M | $241.36M | $172.9M | $53.07M | $10.68M | $16.54M | $7.57M | $8.21M | $4.83M | $7.32M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $28.19M | $29.36M | $31.09M | $30.05M | $32.94M | $20.16M | $20.27M | $3.34M | $2.28M | $2.51M | $2.04M | $2.21M | $1.83M | $1.99M |
| Goodwill | $0 | $0 | $0 | $26.83M | $26.83M | $19.62M | $19.91M | $2.69M | $2.09M | $2.09M | $366K | $366K | $366K | $366K |
| Intangible Assets | $2.64M | $4.25M | $32.5M | $35.57M | $24.06M | $9.66M | $3.72M | $0 | $746K | $1.13M | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $2.14B | $2.48B | $2.5B | $1.95B | $1.17B | $710.69M | $456.09M | $20.43M | $27.54M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $22.72M | $27.31M | $21.56M | $12.23M | $150K | $0 | $0 | $0 | $438K | $659K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $34.25M | $102.11M | $84.3M | $120.2M | $38.08M | $33.32M | $24.39M | $387.46M | $367.64M | $258.93M | $228.57M | $207.7M | -$2.35M |
| Total Long-Term Assets | $53.55M | $2.24B | $2.67B | $2.69B | $2.15B | $1.26B | $787.92M | $486.52M | $413.44M | $401.58M | $261.34M | $231.14M | $209.89M | $2.35M |
| Other Assets | $1.92B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $198.55M |
| Total Assets | $2.43B | $2.74B | $3.12B | $3.13B | $2.67B | $1.5B | $960.81M | $539.59M | $424.12M | $418.12M | $268.91M | $239.35M | $214.72M | $208.23M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $2.18B | $2.57B | $0 | $2.3B | $945.11M | $722.03M | $415.03M | $150M | $141.82M | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $0 | $2.18B | $2.57B | $0 | $2.3B | $945.11M | $722.03M | $415.03M | $150M | $141.82M | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $171.95M | $189.79M | $249.85M | $351.62M | $50.1M | $139.51M | $134.6M | $82.87M | $18.82M | $33.82M | $47.62M | $29.89M | $26.39M | $20.33M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$179.18M | $31.63M | $106.06M | $2.52B | $32.48M | $299.94M | $11.84M | $2.08M | $218.86M | $208.85M | $0 | $0 | $0 | -$20.33M |
| Total Long-Term Liabilities | $0 | $230.03M | $365.53M | $2.88B | $90.23M | $444.95M | $146.44M | $84.94M | $237.68M | $242.67M | $47.62M | $29.89M | $26.39M | $20.33M |
| Other Liabilities | $2.11B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.11B | $2.41B | $2.93B | $2.88B | $2.39B | $1.39B | $868.47M | $499.97M | $387.68M | $384.5M | $47.62M | $29.89M | $26.39M | $20.33M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $225K | $4.5M | $4.5M |
| Common Stock | $331.92M | $322.79M | $197.64M | $195.96M | $194.31M | $66.77M | $66.2M | $16.45M | $16.32M | $16.27M | $7.08M | $5.31M | $860K | $939K |
| Retained Earnings | -$659K | $17.77M | $33.16M | $97.68M | $85.98M | $40.69M | $25.43M | $23.32M | $20.19M | $17.67M | $17.69M | $15.84M | $14.27M | $12.95M |
| Comprehensive Income & Other | -$31.12M | -$42.46M | -$45.06M | -$45.1M | -$3.63M | $264K | $229K | -$618K | -$467K | -$441K | -$709K | -$865K | -$404K | $0 |
| Other Stockholders' Equity | -$7.57M | -$12.78M | -$44.8M | -$44.85M | -$3.38M | $516K | $481K | -$366K | -$272K | -$310K | -$666K | $3.64M | $4.1M | $4.6M |
| Total Equity | $323.69M | $327.79M | $185.99M | $248.79M | $276.91M | $107.97M | $92.11M | $39.41M | $36.24M | $33.63M | $24.1M | $24.79M | $19.23M | $18.49M |
| Minority Interest | $0 | $0 | $0 | $0 | $228K | $225K | $224K | $213K | $200K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.43B | $2.74B | $3.12B | $3.13B | $2.66B | $1.5B | $960.59M | $539.38M | $423.92M | $418.12M | $71.73M | $54.68M | $45.62M | $38.83M |
| Supplementary Data | ||||||||||||||
| Total Debt | $179.18M | $198.4M | $259.47M | $359.48M | $57.75M | $145.01M | $134.6M | $82.87M | $45.78M | $42.32M | $47.62M | $29.89M | $26.39M | $20.33M |
| Net Debt | $63.23M | $24.87M | $148.98M | $282.21M | -$72.8M | $27.07M | $74.57M | $67.84M | $36.15M | $26.77M | $40.05M | $21.68M | $21.56M | -$7.32M |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $10.71M | -$15.38M | -$51.77M | $17.33M | $52.48M | $17.7M | $4.6M | $4.57M | $3.35M | $689K | $2.5M | $2.03M | $1.84M | $1.52M |
| Depreciation & Amortization | $2.28M | $2.62M | $2.99M | $3.5M | $3.81M | $1.55M | $994K | $920K | $812K | $372K | $270K | $250K | $200K | $222K |
| Deferred Income Tax | $1.24M | -$6.19M | -$7.05M | -$20K | $1.92M | -$1.68M | -$85K | -$9K | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $231K | $129K | $219K | $299K | $135K | $60K | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $1.75M | $2.43M | -$3.4M | -$2M | -$4.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$3.74M | -$26.93M | $9.83M | $7.65M | $5.57M | -$14.35M | -$738K | -$3.3M | $2.29M | -$127K | -$9.33M | -$383K | $11.03M | $0 |
| Total Working Capital Change | -$1.99M | -$24.5M | $6.43M | $5.66M | $1.43M | -$14.35M | -$738K | -$3.3M | $2.29M | -$127K | -$9.33M | -$383K | $11.03M | $0 |
| Other Non-Cash Items | $1.39M | $37.15M | $93.46M | $67.46M | -$431K | -$111.56M | -$25.59M | -$6.88M | $38.99M | -$3.34M | $609K | $310K | $1.13M | $653K |
| Net Cash from Operating | $13.63M | -$6.31M | $44.06M | $93.93M | $59.21M | -$108.34M | -$20.58M | -$4.57M | $45.66M | -$2.11M | -$5.82M | $2.27M | $14.21M | $2.39M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$1.68M | -$588K | -$961K | -$455K | -$1.22M | -$3.01M | -$1.13M | -$1.5M | -$3.2M | -$347K | -$103K | -$626K | -$140K | -$307K |
| Acquisitions | $0 | $0 | $250K | $0 | $44.07M | $0 | -$6.97M | $0 | $0 | -$835K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$38.15M | -$18.22M | -$5.13M | -$79.57M | -$276.51M | -$45.07M | -$71.91M | -$16.54M | -$15.44M | -$5.23M | $0 | $0 | $0 | $0 |
| Sales of Investments | $30.19M | $40.23M | $40.83M | $32.66M | $71.8M | $54.81M | $47.68M | $7.19M | $10.64M | $6M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $251.5M | $397.61M | -$58.2M | -$580.81M | $214.34M | -$347.61M | -$62.35M | -$91.11M | -$42.38M | -$26.22M | -$21.62M | -$20.65M | -$18.16M | -$8.58M |
| Net Cash from Investing | $241.86M | $419.03M | -$23.21M | -$628.18M | $52.48M | -$340.88M | -$94.68M | -$101.95M | -$50.37M | -$26.64M | -$21.72M | -$21.28M | -$18.3M | -$8.89M |
| Financing Activities | ||||||||||||||
| Debt Repaid | $25M | $60M | $101.7M | -$301.7M | $417.71M | -$5.2M | -$51.7M | -$37.14M | -$3.5M | $10.2M | -$18.07M | -$2.83M | -$5.98M | - |
| Common Stock Issuance | $9.76M | $152.14M | $103K | $87K | $804K | $759K | $22.12M | $129K | $54K | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$9.51M | $0 | $0 | $0 | $0 | -$759K | $0 | $0 | $0 | $0 | $0 | $0 | -$86K | $0 |
| Dividends Paid | -$22.59M | $0 | -$4.64M | -$9.18M | -$7.18M | -$2.44M | -$2.47M | -$1.5M | -$880K | -$708K | -$656K | -$438K | -$528K | -$452K |
| Other Financing Activities | -$268.18M | -$450.02M | $64.32M | $188.37M | $325M | $504.38M | $88.92M | $75.59M | -$1.54M | $46.48M | $9.45M | $20M | -$385K | $7.28M |
| Net Cash from Financing | -$315.52M | -$357.88M | $23.03M | $480.98M | -$99.09M | $507.14M | $160.26M | $111.23M | $1.13M | $35.58M | $26.86M | $22.39M | $4.98M | $6.83M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$60.04M | $54.84M | $43.88M | -$53.27M | $12.6M | $57.92M | $45M | $4.71M | -$3.78M | $6.83M | -$677K | $3.38M | $890K | $328K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $13.63M | -$6.31M | $44.06M | $93.93M | $59.21M | -$108.34M | -$20.58M | -$4.57M | $45.66M | -$2.11M | -$5.82M | $2.27M | $14.21M | $2.39M |
| Capital Expenditure | -$1.68M | -$588K | -$961K | -$455K | -$1.22M | -$3.01M | -$1.74M | -$2.1M | -$3.2M | -$2.35M | -$103K | -$626K | -$140K | -$307K |
| Free Cash Flow | $11.95M | -$6.9M | $43.09M | $93.48M | $58M | -$111.35M | -$22.32M | -$6.67M | $42.46M | -$4.45M | -$5.92M | $1.64M | $14.06M | $2.08M |
| Cash at Beginning | $175.99M | $121.15M | $77.27M | $130.55M | $117.94M | $60.03M | $15.03M | $10.32M | $14.1M | $7.27M | $7.94M | $4.56M | $3.67M | $3.34M |
| Cash at End | $115.95M | $175.99M | $121.15M | $77.27M | $130.55M | $117.94M | $60.03M | $15.03M | $10.32M | $14.1M | $7.27M | $7.94M | $4.56M | $3.67M |