Blue Ridge Bankshares (BRBS) reported a third-quarter 2026 net loss of $4.2 million, or $0.05 per diluted common share, compared with a $1.3 million net loss in the second quarter and net income of $5.6 million a year earlier.
Net interest income increased to $17.4 million from $16.5 million in the prior quarter, while the company recorded an $8.5 million provision for credit losses and $1.2 million in merger-related expenses.
- Net interest margin was 3.08%, up 17 basis points sequentially.
- Loans held for investment rose $33.1 million from the prior quarter to $1.89 billion.
- Total deposits were $1.81 billion at September 30, down $48.2 million from June 30.
- Nonperforming loans declined to $24.9 million from $31.2 million, including a $9.9 million charge-off.
- The proposed merger with HomeTrust Bancshares is anticipated to close in the first quarter of 2027, subject to approvals.
$BRBS Hedge Fund Activity
We have seen 42 institutional investors add shares of $BRBS stock to their portfolio, and 44 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AZORA CAPITAL LP removed 2,703,441 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $9,543,146
- ABC ARBITRAGE SA added 1,087,754 shares (+inf%) to their portfolio in Q3 2026, for an estimated $4,187,852
- GRAHAM CAPITAL WEALTH MANAGEMENT, LLC removed 1,025,916 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $3,949,776
- BLACKROCK, INC. added 465,127 shares (+12.3%) to their portfolio in Q2 2026, for an estimated $1,641,898
- MARSHALL WACE, LLP added 325,357 shares (+1850.5%) to their portfolio in Q2 2026, for an estimated $1,148,510
- JACOBS ASSET MANAGEMENT, LLC added 301,227 shares (+150.7%) to their portfolio in Q2 2026, for an estimated $1,063,331
- TWO SIGMA INVESTMENTS, LP added 224,320 shares (+32.6%) to their portfolio in Q2 2026, for an estimated $791,849
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.
