Skip to main content
Signal8

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. logo

Blue Ridge Bankshares, Inc.

NYSE:BRBSFinancial Services
-1.47%$4.01
AH Close$4.01+0.00%vs close
Mkt Cap$359.65M
Float50.9M
O/S89.69M
Inst Own36.5%
SI3.9%
Div Yield21.20%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$150.61M
Net Income$10.71M
Total Assets$2.43B
Free Cash Flow$11.95M
Debt & Equity
Debt 36%
Equity 64%
Total Debt$179.18M
Total Equity$323.69M
Shares Outstanding
Short Interest
Split History2 splits
  1. 1.5:1Forward split
    Apr 30, 20211 share → 1.5
  2. 1.5:1Forward split
    Aug 14, 20171 share → 1.5
Balance Sheet Details
Assets$2.43B
Liabilities$2.11B
Accounts Receivable$10.79M
Accounts Payable$0
Inventory$0
PP&E (Net)$28.19M
Goodwill$0
Intangible Assets$2.64M
Income Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
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 Margin63.5%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 Margin9.1%-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 Margin7.1%-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
EPS0.11-0.31-2.730.902.942.070.771.110.810.210.800.940.780.62
Diluted EPS0.11-0.31-2.730.902.942.070.771.110.810.210.800.940.780.62
Weighted Average OS106.10M49.12M18.94M18.99M17.85M8.47M6.22M4.17M4.13M3.34M3.08M2.11M2.11M2.12M
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 Margin10.7%-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%
Balance Sheet
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
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
Cash Flow Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
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