For the quarter ending 2025-09-30, BRBS made $74,437K in revenue. $5,603K in net income. Net profit margin of 7.53%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans | 32,000 | 30,730 | ||
| Interest on securities, deposit accounts, and federal funds sold | 4,213 | 4,006 | ||
| Total interest income | 36,213 | 34,736 | ||
| Interest on deposits | 12,501 | 12,802 | ||
| Interest on subordinated notes | 338 | 646 | ||
| Interest on fhlb and frb borrowings | 1,463 | 1,447 | ||
| Total interest expense | 14,302 | 14,895 | ||
| Net interest income | 21,911 | 19,841 | ||
| Recovery of credit losses - loans | -1,800 | -700 | ||
| Recovery of credit losses - unfunded commitments | 0 | 0 | ||
| Total recovery of credit losses | -1,800 | -700 | ||
| Net interest income after recovery of credit losses | 23,711 | 20,541 | ||
| Fair value adjustments of other equity investments | 163 | -82 | ||
| Residential mortgage banking income | 5 | 312 | ||
| Mortgage servicing rights ('msrs') | -48 | -139 | ||
| Income (loss) on sale of msrs | 737 | - | ||
| Wealth and trust management | 458 | 409 | ||
| Service charges on deposit accounts | 725 | 721 | ||
| Increase in cash surrender value of bank owned life insurance | 9 | 8 | ||
| Bank and purchase card, net | 567 | 626 | ||
| Loss on sale of securities available for sale | 0 | - | ||
| Swap transaction fees | 258 | - | ||
| Other | 959 | 1,389 | ||
| Total noninterest income | 3,833 | 3,244 | ||
| Salaries and employee benefits | 11,388 | 13,000 | ||
| Occupancy and equipment | 1,190 | 1,129 | ||
| Technology and communication | 2,314 | 2,565 | ||
| Legal and regulatory filings | 1,008 | 395 | ||
| Advertising and marketing | 267 | 128 | ||
| Audit fees | 161 | 459 | ||
| Fdic insurance | 239 | 1,027 | ||
| Intangible amortization | 223 | 234 | ||
| Other contractual services | 645 | 433 | ||
| Other taxes and assessments | 895 | 955 | ||
| Regulatory remediation | 0 | 0 | ||
| Other | 1,711 | 1,684 | ||
| Total noninterest expense | 20,041 | 22,009 | ||
| Income (loss) before income tax expense | 7,503 | 1,776 | ||
| Income tax expense (benefit) | 1,900 | 480 | ||
| Net income (loss) | 5,603 | 1,296 | ||
| Dividends on preferred stock | - | 0 | ||
| Net income (loss) attributable to common shareholders | - | 1,296 | ||
| Earnings per share attributable to blue ridge bankshares, inc | 0.06 | 0.01 | ||
| Earnings per share, basic, total | 0.06 | 0.01 | ||
| Weighted average number of shares outstanding, basic | 88,547,750 | 88,257,659 | ||
| Weighted average number of shares outstanding, diluted | 99,384,079 | 88,582,343 | ||
BLUE RIDGE BANKSHARES, INC. (BRBS)
BLUE RIDGE BANKSHARES, INC. (BRBS)