Blue Ridge Bankshares (BRBS) Q4 2025 earnings summary

Executive summary

• Achieved net income of $4.2M ($0.04/share) in Q4 2025, up from a $2.0M loss in Q4 2024, but down from $5.6M in Q3 2025.

• Full-year 2025 net income was $10.7M ($0.11/share), reversing a $15.4M loss in 2024.

• Consent Order from OCC was terminated in November 2025, reducing regulatory costs and enabling a special $0.25/share dividend.

• Headcount reduced by over 30% year-over-year, driving lower noninterest expenses.

Financial highlights

• Q4 2025 net interest income was $18.1M, down from $21.9M in Q3 2025 and $19.1M in Q4 2024.

• Net interest margin was 3.04% in Q4 2025, down from 3.60% in Q3 2025 but up from 2.80% in Q4 2024.

• Noninterest income was $2.7M in Q4 2025, down from $3.8M in Q3 2025.

• Noninterest expense fell to $16.9M in Q4 2025 from $20.0M in Q3 2025 and $25.6M in Q4 2024.

• Total assets declined to $2.43B at year-end 2025 from $2.74B at year-end 2024.

• Loans held for investment dropped to $1.87B at year-end 2025 from $2.11B at year-end 2024.

• Total deposits decreased to $1.91B at year-end 2025 from $2.18B at year-end 2024.

Outlook and guidance

• Projecting mid-single digit balance sheet growth and positive momentum for 2026.