Blue Ridge Bankshares (BRBS) reported a second-quarter net loss of $0.2 million, or $0.00 per diluted common share, for the quarter ended June 30, 2026. The company reported net income of $0.8 million in the prior quarter and $1.3 million in the year-earlier quarter.
The company said loans held for investment grew by $19.6 million in the quarter, the first growth in 13 quarters, while noninterest expense declined from the prior quarter.
- Net interest income totaled $16.5 million, compared with $16.9 million in the first quarter of 2026.
- Noninterest income was $1.8 million, compared with $2.3 million in the prior quarter.
- Noninterest expense was $15.9 million, down $2.8 million from the prior quarter.
- Total assets were $2.33 billion at June 30, 2026, down from $2.41 billion at March 31, 2026.
- Total deposits were $1.86 billion at quarter end, down $30.7 million from March 31, 2026.
- Nonperforming loans were $31.2 million, or 1.34% of total assets, at June 30, 2026.
$BRBS Hedge Fund Activity
We have seen 37 institutional investors add shares of $BRBS stock to their portfolio, and 46 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AZORA CAPITAL LP removed 2,234,532 shares (-45.3%) from their portfolio in Q1 2026, for an estimated $9,385,034
- ALGEBRIS (UK) LTD added 1,292,777 shares (+104.1%) to their portfolio in Q1 2026, for an estimated $5,429,663
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 558,872 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,347,262
- WELLINGTON MANAGEMENT GROUP LLP removed 219,589 shares (-3.3%) from their portfolio in Q1 2026, for an estimated $922,273
- DIMENSIONAL FUND ADVISORS LP added 147,269 shares (+18.9%) to their portfolio in Q1 2026, for an estimated $618,529
- BANC FUNDS CO LLC removed 140,000 shares (-6.9%) from their portfolio in Q1 2026, for an estimated $588,000
- JANE STREET GROUP, LLC removed 109,163 shares (-81.5%) from their portfolio in Q1 2026, for an estimated $458,484
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
