Common Stock, no par value
- Symbol
- BRBS
- Exchange
- NYSEAMER
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K/A
Blue Ridge Bankshares, Inc.
BRBSNYSE_AMERICANEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On July 28, 2026, Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2026.…
Press release in this filing
Blue Ridge Bankshares, Inc. Announces Revised 2026 Second Quarter Results →Company context
Blue Ridge Bankshares, Inc. is the holding company for Blue Ridge Bank and BRB Financial Group, Inc. The Company, through its subsidiaries and affiliates, provides a wide range of financial services including retail and commercial banking, and retail mortgage lending. The Company also provides investment and wealth management services and management services for personal and corporate trusts, including estate planning and trust administration. Visit www.mybrb.com for more information.
Current securities
Registered securities in this filing
BLUE RIDGE BANKSHARES, INC. · 8-K/A · Filed 2026-08-10
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On July 28, 2026, Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2026. Subsequent to that release, in light of the developments described above, the Company revised its estimate of expected credit losses as of June 30, 2026, resulting in an increase in the specific reserve to $2.9 million on the $11.4 million of loans with the aforementioned borrower. As a result, certain financial results included in the Original Exhibit have been revised. The revisions primarily resulted in an increase of $1.4 million in the Company’s provision for credit losses and an increase of approximately $1.1 million in the Company’s net loss for the quarter ended June 30, 2026. A copy of the Revised Exhibit is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 2.02.
Filed exhibits (1)
Exhibit 99.1 Blue Ridge Bankshares, Inc. Announces Revised 2026 Second Quarter Results Loan Growth Returns, Improved Deposit Mix, and Continued Reduction in Operating Expenses RICHMOND, VA, August 10, 2026 /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 revised financial results for the quarter ended June 30, 2026. Subsequent to the original report of the Company's financial results on July 28, 2026, a commercial borrower with loans outstanding totaling $11.4 million reported that its business had ceased operations. The Company evaluated this subsequent development and, as a result, revised its estimate of expected credit losses associated with the loans. The revised estimate is reflected in the Company's consolidated financial results herein as of and for the three and six months ended June 30, 2026. For the quarter ended June 30, 2026, the Company reported a net loss of $1.3 million, or ($0.01) per diluted common share, compared to net income of $0.8 million, or $0.01 per diluted common share, for the…
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