Business
Blue Ridge Bankshares, Inc. Announces 2025 Third Quarter Results
Blue Ridge Bankshares, Inc. (the "Company") (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc., today announced financial results for the quarter ended September 30, 2025.
About this update from Blue Ridge Bankshares, Inc.
[{"type":"text","content":"Reports highest level of profits since 2022","length":43,"tagName":"p","attribs":{}},{"type":"text","content":"RICHMOND, Va., Oct. 22, 2025 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") and BRB Financial Group, Inc., today announced financial results for the quarter ended September 30, 2025.","length":343,"tagName":"p"},{"type":"image","alt":"BRBS","displaySize":"","headline":null,"caption":"BRBS","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":102,"url":"https://media.zenfs.com/en/prnewswire.com/18fca3956f59fe9e05c9d59fa8a83b2b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dIT7HUyql7oS_jsP7MiYoA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/18fca3956f59fe9e05c9d59fa8a83b2b","width":400,"height":102}},"href":"https://mma.prnewswire.com/media/440750/Blue_Ridge_Bankshares_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"For the quarter ended September 30, 2025, the Company reported net income of $5.6 million, or $0.06 per diluted common share, compared to net income of $1.3 million, or $0.01 per diluted common share, for the quarter ended June 30, 2025, and net income of $0.9 million, or $0.01 per diluted common share, for the third quarter of 2024.","length":335,"tagName":"p"},{"type":"text","content":"For the year-to-date period ended September 30, 2025, the Company reported net income of $6.5 million, or $0.07 per diluted common share, compared to a net loss of $13.4 million, or ($0.34) per diluted common share, for the same period of 2024.","length":249,"tagName":"p"},{"type":"text","content":"A message from Blue Ridge Bankshares, Inc. President and CEO, G. William "Billy" Beale:","length":97,"tagName":"p"},{"type":"text","content":""Blue Ridge Bank's third quarter results are a good news story on many fronts. Before I address the numbers, I want to acknowledge the team that got us to this point and will return Blue Ridge to a prominent place in Virginia community banking. Without the tenacity, negotiation skills, attention to detail, and solid banking knowledge shown by the employees who have either joined us or quickly adapted ...