BRBS BLUE RIDGE BANKSHARES, INC. - 10-Q - (2025-11-04)

Blue Ridge Bankshares, Inc. (BRBS) Q3 2025 TL;DR

Financial Turnaround: Blue Ridge Bankshares reported a significant operational recovery through the first nine months of fiscal 2025, swinging to $6.5 million Net Income from a \(13.4 million loss in the prior comparable period. Q3 Net Income was \)5.6 million ($0.06 diluted EPS). This profitability was driven by a Net Interest Margin improvement to 3.60% (due to reduced high-cost fintech deposits) and substantial cuts in Noninterest Expense, notably the elimination of prior regulatory remediation costs.

Balance Sheet & Strategy:

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