Blue Ridge Bankshares, Inc. — Third Quarter 2026 Earnings Summary

Blue Ridge Bankshares, Inc. reported a net loss of $4.2 million, or $0.05 per diluted share, for the third quarter ended September 30, 2026, driven by an $8.5 million provision for credit losses and $1.2 million in merger-related expenses. The company's net interest margin improved to 3.08% from 2.91% in the prior quarter, supported by higher loan yields and a reduction in the cost of funds. Despite the quarterly loss, adjusted pre-tax earnings excluding merger and severance costs rose to $5.3 million, reflecting a 85% sequential improvement. The firm also announced a definitive merger agreement with HomeTrust Bancshares, Inc., which is expected to close in the first quarter of 2027.