Blue Ridge Bankshares (BRBS) risk factors
Item 1A of every Blue Ridge Bankshares, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors44 risks6 new9 dropped20 reworded
The company added risks concerning thin stock trading, AI deployment, and 2024 private placement dilution. Commercial real estate loan concentration increased to 44.9% of total loans. Dividend suspensions and regulatory constraints continue.
Filed Mar 12, 2026 - FY2024 10-K risk factors47 risks
The company relies heavily on residential mortgage banking, which generated 81.2% of noninterest income in 2024. Blue Ridge Bank faces intense regulatory scrutiny, specifically under the OCC Consent Order issued January 24, 2024. A significant commercial real estate concentration, totaling $847.8 million or 40.2% of total loans, increases credit risk.
Filed Mar 10, 2025