---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-058191"
form_type: "8-K"
ticker: "BRBS"
cik: "0000842717"
company_name: "BLUE RIDGE BANKSHARES, INC."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:40:55.102703+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blue Ridge Bankshares narrows Q1 net loss to $0.4M; cost cuts and NIM improvement highlight progress

## Summary
- Net loss of $0.4M ($0.01 diluted EPS) vs $2.0M loss in Q4 2024; net interest margin improved to 2.90% from 2.80%.
- Completed sale of Monarch Mortgage on March 27 with $0.2M loss; headcount reduced 21% (91 employees) since Dec 2024.
- Redemption of $15M subordinated note on June 1, 2025 expected to save over $2M in annual interest expense.
- Noninterest expense down $2.6M QoQ to $23.0M; regulatory remediation expenses reduced to $0 in Q1.
- Tangible book value per share steady at $3.82; Bank capital ratios exceed Consent Order minimums.

## SEC filing metadata
- accession: 0000950170-25-058191
- form_type: 8-K
- ticker: BRBS
- cik: 0000842717
- company_name: BLUE RIDGE BANKSHARES, INC.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842717/000095017025058191/0000950170-25-058191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842717/000095017025058191/brbs-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-058191
- JSON: https://secwatch.observer/filing/0000950170-25-058191.json
- Plain text: https://secwatch.observer/filing/0000950170-25-058191.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.