---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-173957"
form_type: "8-K"
ticker: "BRBS"
cik: "0000842717"
company_name: "BLUE RIDGE BANKSHARES, INC."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:45:19.000846+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blue Ridge Q1 net income $0.8M, down 81% QoQ; declares $0.60 special dividend

## Summary
- Net income of $0.8M ($0.01 EPS) vs $4.2M ($0.04) in Q4 2025; adjusted EPS $0.02 excluding $1.3M exec transition costs.
- Declared $0.60/share special cash dividend (~$54.1M payout) on March 30, payable April 27, 2026.
- NIM narrowed to 2.90% from 3.04%; net interest income fell to $16.9M from $18.1M due to lower loan balances.
- Noninterest expense rose to $18.7M from $16.9M, driven by $1.6M exec transition and $1.0M incentive costs.
- Nonperforming loans improved to $21.0M (0.87% assets) from $23.8M; headcount reduced 20% YoY to 281.

## SEC filing metadata
- accession: 0001193125-26-173957
- form_type: 8-K
- ticker: BRBS
- cik: 0000842717
- company_name: BLUE RIDGE BANKSHARES, INC.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/842717/000119312526173957/0001193125-26-173957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842717/000119312526173957/brbs-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-173957
- JSON: https://secwatch.observer/filing/0001193125-26-173957.json
- Plain text: https://secwatch.observer/filing/0001193125-26-173957.txt

## Source-grounded claims
- claim_id: 19c78072b980d0394e046c24205785b8345de03c
  claim: BLUE RIDGE BANKSHARES, INC. reported the first quarter ended March 31, 2026 results: net income net income of $0.8 million, or $0.01 per diluted common share.
  evidence_excerpt: and BRB Financial Group, Inc., today announced financial results for the quarter ended March 31, 2026. For the quarter ended March 31, 2026, the Company reported net income of $0.8 million, or $0.01 per diluted common share, compared to net income of $4.2 million, or $0.04 per diluted common share, for the quarter ended December 31, 2025, and a net loss of $0.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/842717/000119312526173957/0001193125-26-173957-index.htm

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