Blue Ridge Bankshares Inc
blueridgebankshares.comWhat Do They Do?
Provides banking and financial services to businesses, consumers and municipalities.
10-K for FY2025, filed Mar 12, 2026Blue Ridge Bankshares, Inc. (the “Company”) is a bank holding company headquartered in Richmond, Virginia. The Company provides commercial…View ↗
The Bank serves businesses, professionals, consumers, nonprofits, and municipalities with a wide variety of financial services, including…View ↗
The Company, through the Financial Group, offers investment and wealth management and management services for personal and corporate…View ↗
Commercial Banking Services. The Company offers a variety of commercial banking services, including deposit accounts, treasury management…View ↗
Wealth and Trust Services. The Company, through the Financial Group, offers investment and wealth management services and management…View ↗
How Do They Make Money?
Borrowers pay interest on loans; the bank also earns interest on investments and deposit balances, plus fees for lending and deposit services. Deposit charges arise as services are performed or transactions occur, card fees when transactions process, and wealth fees over time or commissions on transactions.
10-K for FY2025, filed Mar 12, 2026The Company's primary source of revenue is interest income from its lending activities. The Company's other sources of revenue are interest…View ↗
Certain sources of the Company’s noninterest income are within the scope of ASC 606, Revenue from Contracts with Customers. These revenues…View ↗
Service charges on deposit accounts are recognized as revenue as the related services are performed or when the transactions occur. This…View ↗
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10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by reportable segment ↗
$137.8M
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10-K for FY2025, filed Mar 12, 2026
$137.8M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Commercial Banking
|
100%
FY2022: 98%
|
Commercial Banking, FY2025
$137.6M Sources
|
|
Mortgage Banking
|
0.1%
FY2022: 1.2%
|
Mortgage Banking, FY2025
$198K Sources
|
|
Parents Only
|
0.0%
FY2022: 0.4%
|
Parents Only, FY2025
$0 Sources
|
|
Eliminations
|
0.0%
FY2022: 0.0%
|
Eliminations, FY2025
$0 Sources
|
Who Are Their Customers?
The bank serves businesses, professionals, consumers, nonprofits and municipalities through its banking offices and online and mobile services. Fintech partners source some loans, which the Bank originates and sells to the partner or another third party.
10-K for FY2025, filed Mar 12, 2026The Bank is a federally chartered national bank with its main office in Martinsville, Virginia that traces its roots to Page Valley Bank of…View ↗
The Bank serves businesses, professionals, consumers, nonprofits, and municipalities with a wide variety of financial services, including…View ↗
The Company historically had partnerships with financial technology ("fintech") providers, through which it provided indirect depository…View ↗
Consumer Deposit Services. Consumer deposit products offered by the Company include checking accounts, savings accounts, money market…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 8 cents of every revenue dollar as net income in FY2025 and turned 9 cents into free cash flow.
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 10, 2026
−$1.3MView ↗
- ▼ Now a loss
- vs $1.3M in Q2 FY2025
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Aug 17, 2026
HomeTrust agreed to acquire Blue Ridge in a merger
The deal requires regulatory and shareholder approvals and is expected to close early in the first quarter of 2027.
Sources
8-K, filed Aug 17, 2026
The transaction is expected to close early in the first quarter of 2027 and be accretive to earnings per share by approximately 30%…View ↗
Growing. Revenue grew 33% in 4 years, from $103.5M in FY2021 to $137.8M in FY2025, about 7% a year.
Exit from fintech banking
The older report described partnerships that delivered digital banking and lending. The latest report says it exited deposit services delivered through fintech partners and is ending the remaining partner-sourced lending.
10-K for FY2022, filed Mar 10, 2023 10-K for FY2025, filed Mar 12, 2026The Company historically had partnerships with financial technology ("fintech") providers, through which it provided indirect depository…View ↗
Mortgage division sale
The older report described retail and wholesale mortgage operations. The latest report says it sold its mortgage division, Monarch Mortgage.
10-K for FY2022, filed Mar 10, 2023 10-K for FY2025, filed Mar 12, 2026The Company, through the Financial Group, offers management services for personal and corporate trusts, including estate planning, estate…View ↗
On March 27, 2025, the Company completed the sale of its mortgage division operating as Monarch Mortgage. The sale, which included the…View ↗
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