• Blue Ridge Bankshares returned to profit in first-quarter 2026, posting net income of $0.8 million, or $0.01 per diluted share, versus a net loss of $0.4 million a year earlier.
• Net interest income fell 11.05% to $16.9 million, while net interest margin was unchanged at 2.9%.
• Total assets slipped to $2.41 billion, reflecting declines of $31.8 million in loans held for investment and $14.8 million in loans held for sale as the company completed its exit from indirect fintech lending activities.
• Total deposits edged down to $1.89 billion on a $31.5 million drop in brokered time deposits, while estimated uninsured deposits rose to $414.3 million, or 20.3% of total deposits.
• Stockholders’ equity declined to $277 million after a special cash dividend of $0.6 per share totaling about $54.1 million, with warrant terms amended to reduce the exercise price to $1.65 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Ridge Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-206547), on May 05, 2026, and is solely responsible for the information contained therein.