Every material Form 8-K BLUE RIDGE BANKSHARES, INC. has filed with the SEC since July 28, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Blue Ridge Bankshares reported a third-quarter 2026 net loss of $4.2 million, or ($0.05) per diluted share, wider than the $1.3 million loss in the second quarter and down from $5.6 million of net income a year earlier. Most of the credit provision tied to a single out-of-market loan relationship, while adjusted pre-tax earnings improved and the HomeTrust merger remains pending.
Net loss of $4.2 million, or ($0.05) per diluted share, versus net income of $5.6 million, or $0.06 per diluted share, in the third quarter of 2025.
Pre-tax provision for credit losses was $8.5 million, mainly linked to one out-of-market relationship; the company charged off $9.9 million on that borrower.
Adjusted pre-tax earnings rose to $5.3 million from $2.9 million in the second quarter of 2026.
HomeTrust merger agreement was announced August 17, 2026, and is expected to close in the first quarter of 2027, pending approvals.
Blue Ridge Bankshares and HomeTrust Bancshares signed a merger agreement on August 16, 2026, under which HomeTrust will acquire Blue Ridge in an all-stock transaction valued at $448.1 million. Blue Ridge shareholders would receive 0.086 of a HomeTrust share for each Blue Ridge share, and the deal is expected to close in early in the first quarter of 2027, subject to shareholder and regulatory approvals.
Each Blue Ridge common share converts into 0.086 of a HomeTrust share, or about $4.28 per share based on HomeTrust's $49.82 five-day volume-weighted average price on August 14, 2026.
Blue Ridge shareholders are expected to own about 35% of the combined company, and HomeTrust stockholders about 65%.
The merger is expected to close in the first quarter of 2027; a $18.0 million termination fee applies in certain circumstances, and either party may terminate if the merger is not completed by August 16, 2027.
Blue Ridge Bankshares reported a second-quarter 2026 net loss of $0.2 million, or $0.00 per diluted share, compared with net income of $0.8 million in the first quarter of 2026 and $1.3 million in the second quarter of 2025. The loss was driven by a $2.1 million after-tax provision for credit losses, including a $1.5 million reserve on a single out-of-market loan relationship placed on nonaccrual, while excluding severance expense, pre-tax, pre-provision income improved to $2.9 million, a non-GAAP measure.
Net loss of $0.2 million, or $0.00 per diluted share, versus net income of $0.8 million, or $0.01, in the first quarter of 2026
After-tax provision for credit losses of $2.1 million; loans totaling $11.4 million placed on nonaccrual with a $1.5 million reserve
Excluding severance, pre-tax, pre-provision income rose to $2.9 million from $2.2 million in the prior quarter (non-GAAP)
Nonperforming assets rose to $32.8 million, or 1.41% of total assets, from $22.6 million at March 31, 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BLUE RIDGE BANKSHARES, INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →