Blue Ridge Bankshares, Inc. Announces 2026 Third Quarter Results

Blue Ridge Bankshares reported a third-quarter 2026 net loss of $4.2 million, compared with a $1.3 million loss in the prior quarter, citing increased credit costs. The quarter included an $8.0 million loan-loss provision attributed to a single legacy loan. Net interest margin rose to 3.08% from 2.91%, while adjusted pre-tax earnings improved to $5.3 million. Deposits fell $48.2 million quarter over quarter to $1.81 billion.