Blue Ridge Bankshares, Inc. · AMEX:BRBS
Blue Ridge Bankshares — Q3 2025 Earnings Presentation
17 slides from Blue Ridge Bankshares's earnings presentation, Nov 5, 2025
Slide 1: Third Quarter 2025
MYBRB.BANK Third Quarter 2025 Exhibit 99.1
Slide 2: Disclosures: Forward Looking Statements
DISCLOSURES Forward Looking Statements This presentation of Blue Ridge Bankshares, Inc. (the “Company” or “Blue Ridge”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objecti
Slide 3: Your Partner in Moving Forward
YOUR PARTNER IN MOVING FORWARD Largest community bank headquartered in Richmond, Virginia Operates 27 branches and 2 LPOs in attractive Virginia and North Carolina markets Listed on the NYSE in January 2020 (NYSE American: BRBS) 5th largest publicly traded community bank in Virginia(2) Top 5 Virgini
Slide 4: Our Recent Transformation and Key Leadership
Key Leadership Recent Additions G. William Beale President & CEO Dean Brown Senior Operations & Technology Officer Ray Knott Commercial Banking Executive Judy C. Gavant Chief Financial Officer Harry Golliday Chief Credit Officer Grew customer deposits and fully exited fintech deposit channel Selecti
Slide 5: Value Proposition
Value Proposition Successfully De-Risked Business Model 1 Resilient and Granular Deposit Base 2 Located in Highly Attractive Virginia Markets 3 Expanding Operating Leverage and Growing Earnings Power 4 42 46 126 88 186 70
Slide 6: Management Successfully De-Risked the Company
Fully exited fintech Banking-as-a-Service (“BaaS”) deposit channel in 12 months Active BaaS sub-partners reduced from 45 to 0 Immediately began reducing problem assets NPAs have decreased 65% from 2023Q3 to 2025Q3 Raised $152 million, net, common equity capital to support regulatory remediation effo
Slide 7: Fundamentally Attractive Deposit Franchise
Fundamentally Attractive Deposit Franchise Deposit Mix Trend | $ in Millions Cost of Deposits vs. Peers(1) 94 bps 70 bps Granular Deposit Base Has Remained Resilient Source: S&P Global Market Intelligence; Company Filings. Peers include banks headquartered in VA, MD, and NC with total assets between
Slide 8: Located in Highly Attractive Virginia Markets
$6,081 $2,204 $1,473 $1,366 $841 42 46 126 88 186 70 BRBS (29) North Central VA $702M Total dep Eastern VA $327M Total dep Hampton Roads $33M Total dep Richmond(1) $841M Total dep Martinsville Top 3 Community Bank in Richmond MSA(3) BRBS holds top 10 market share in 18/20 counties served Located in
Slide 9: Expanding Operating Leverage and Core Earnings Power
Noninterest Expense / Average Assets -38 bps Since 2024Q3 Source: S&P Global Market Intelligence and company filings. Includes the impact of $3.0 million in loan fee income recognized upon the payoff of a previously criticized out-of-market loan. Expanding Operating Leverage and Core Earnings Power
Slide 10: Loan Portfolio Summary
Loan Portfolio Summary Source: Company filings Includes the impact of $3.0 million in loan fee income recognized upon the payoff of a previously criticized out-of-market loan. Loan Portfolio Commentary Of the 1-4 Residential portfolio, 19% is investor 2025 loan reduction reflects $84 million out-of-
Slide 11: Strategic Priorities
Strategic Priorities Drive Operational Efficiency Align products and fee structures with market competitors streamlining product offerings and increasing fee income Optimize workforce by right-sizing workforce and upskilling talent Drive enterprise risk management into processes and practices Reduce
Slide 12: Additional Financial Information
Additional Financial Information
Slide 13: Profitability Summary
Profitability Summary Source: S&P Global Market Intelligence. Net Interest Margin (%) Noninterest Expense / Average Assets (%) Return on Average Assets (%) Return on Average Equity (%) 121.4% 116.9% 104.0% 95.3% 77.8% Efficiency Ratio
Slide 14: Strong Capital Position
Source: Company filings Well-capitalized minimum ratios as defined by Prompt Corrective Action: Tier 1 Leverage ratio of 5.0%, CET1 ratio of 6.5%, Tier 1 ratio of 8.0%, and Total Capital ratio of 10.0%. See the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2025 for infor
Slide 15: Commercial Real Estate Portfolio
Total CRE Portfolio (9/30/2025) Commercial Real Estate (“CRE”) Portfolio CRE by Class | $ in Millions Source: Company filings Total Outstandings % of Portfolio Owner occupied $191.9 23.5% Non-owner occupied $626.2 76.5% Hospitality $147.0 18.0% Multi-family $172.3 21.1% Retail $98.2 12.0% Office $64
Slide 16: Deposit Composition Summary
Deposit Composition Summary Source: Company filings Deposit Composition Highlights Brokered funding was utilized to fund exit of fintech deposits… …but is becoming an increasingly smaller part of funding and declining (brokered deposits represent 14% of the portfolio at 2025Q3) Stable deposit franch
Slide 17: Asset Quality Summary
Asset Quality Summary Source: Company filings. ACL / NPAs (%) NPAs / Assets (%) NCOs / Avg. Loans (%) ACL / Loans HFI (%)
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