Blue Ridge Bankshares (BRBS) Financial Statements & Analysis

Blue Ridge Bankshares (BRBS) Income Statement

Blue Ridge Bankshares reported revenue of $91.70M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 47.3% from $173.89M a year earlier. Net income was $10.71M, a net margin of 11.7%. Gross margin was 104.4% and operating margin 15.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $30.63M, down 19.4% from the same quarter a year earlier.

Blue Ridge Bankshares Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Blue Ridge Bankshares, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	91.70	173.89	121.42	169.74	179.47	110.31	49.32	32.27	26.33
Cost of Revenue	54.91	76.56	98.28	42.77	11.18	20.40	11.26	6.38	0.00
Gross Profit	95.70	97.33	99.09	126.97	179.35	89.91	38.06	25.89	26.33
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	50.16	64.56	64.37	58.81	63.86	46.46	23.28	13.52	12.72
Operating Expenses	81.92	113.84	157.94	104.78	110.99	67.24	32.48	20.17	12.72
Operating Income	13.78	-16.51	-58.84	22.20	68.36	22.67	5.58	5.72	5.46
Other Income/Expense
Interest Income	137.77	160.32	169.00	121.65	103.55	54.46	30.89	22.44	0.00
Interest Expense	58.91	81.66	75.95	17.09	11.07	9.95	9.52	5.15	0.00
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.05
Income
Income Before Tax	13.78	-16.51	-58.84	22.20	68.36	22.67	5.58	5.72	5.41
Income Tax Expense	3.07	-1.12	-7.07	5.20	15.74	4.84	0.97	1.15	2.06
Net Income	10.71	-15.39	-51.77	17.33	52.48	17.70	4.58	4.56	3.35
Net Income - Continuous Operations	10.71	-15.39	-51.77	17.33	52.62	17.70	4.58	4.56	3.35
Net Income - Discontinued Operations	-	-	-	0.34	-0.14	-	-	-	-
EBITDA	15.02	-13.89	2.99	25.70	72.18	24.23	6.57	6.64	6.27
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.91	2.62	1.30	3.50	1.67	1.55	0.99	0.92	0.81
Earnings Per Share
Basic EPS	-	-	-3.00	1.00	3.00	2.00	1.00	1.00	1.00
Diluted EPS	-	-	-3.00	1.00	3.00	2.00	1.00	1.00	1.00
Basic Shares Outstanding	91.48	49.12	18.96	18.99	17.85	8.47	6.22	4.17	4.13
Diluted Shares Outstanding	97.35	49.12	18.96	18.99	17.85	8.54	6.22	4.17	4.13

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Blue Ridge Bankshares Financial Statements

What was Blue Ridge Bankshares's revenue in fiscal 2025?

Blue Ridge Bankshares reported revenue of $91.70M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 47.3% from $173.89M a year earlier.

Is Blue Ridge Bankshares profitable?

Yes. Blue Ridge Bankshares earned net income of $10.71M in fiscal 2025, a net margin of 11.7%. In fiscal 2024 it lost $15.38M.

What is Blue Ridge Bankshares's operating margin?

Blue Ridge Bankshares's operating income was $13.78M on revenue of $91.70M in fiscal 2025, an operating margin of 15.0%, compared with -9.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition