Blue Ridge Bankshares' Q3 net income rises, boosted by out-of-market loan payoff

Reuters

Oct 23, 2025

<a href="https://laohu8.com/S/BRBS">Blue Ridge</a> Bankshares' Q3 net income rises, boosted by out-of-market loan payoff

Overview

Blue Ridge Q3 net income rises to $5.6 mln, highest since 2022
Net interest income for Q3 increases to $21.9 mln
Company announces $15 mln share repurchase program

Outlook

Company anticipates lower consulting and legal expenses in the fourth quarter

Result Drivers

ONE-TIME EVENTS - Q3 results boosted by $3.0 mln fee income from out-of-market loan payoff and $0.8 mln recovery from charged-off loan
EXPENSE REDUCTIONS - Decrease in noninterest expenses due to lower salaries and FDIC insurance premiums, reflecting improved regulatory position
LOAN PIPELINE - Despite decline in loans held for investment, co has built a loan pipeline of over $200 mln, indicating future growth potential

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 EPS		$0.06
Q3 Net Income		$5.60 mln
Q3 Net Interest Income		$21.91 mln
Q3 Pretax Profit		$7.50 mln

Press Release: ID:nPn4HwjFya

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251022:nL1N3W314G:1","article_id":"2577312881","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577312881","pubTimestamp":1761167534,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Blue Ridge Bankshares' Q3 net income rises, boosted by out-of-market loan payoffOverviewBlue Ridge Q3 net income rises to $5.6 mln, highest since 2022Net interest income for Q3 increases to $21.9 mlnC","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","BRBS":"Blue Ridge Bankshares Inc"},"translate_title":"受场外贷款偿还推动，蓝岭银行股第三季度净利润增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRBS":0.9},"content_text":"Blue Ridge Bankshares' Q3 net income rises, boosted by out-of-market loan payoffOverviewBlue Ridge Q3 net income rises to $5.6 mln, highest since 2022Net interest income for Q3 increases to $21.9 mlnCompany announces $15 mln share repurchase programOutlookCompany anticipates lower consulting and legal expenses in the fourth quarterResult DriversONE-TIME EVENTS - Q3 results boosted by $3.0 mln fee income from out-of-market loan payoff and $0.8 mln recovery from charged-off loanEXPENSE REDUCTIONS - Decrease in noninterest expenses due to lower salaries and FDIC insurance premiums, reflecting improved regulatory positionLOAN PIPELINE - Despite decline in loans held for investment, co has built a loan pipeline of over $200 mln, indicating future growth potentialKey DetailsMetricBeat/MissActualConsensus EstimateQ3 EPS$0.06Q3 Net Income$5.60 mlnQ3 Net Interest Income$21.91 mlnQ3 Pretax Profit$7.50 mlnPress Release: ID:nPn4HwjFyaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}