Blue Ridge Bankshares (NASDAQ:BRBS) Trading Down 2.3% – Here’s What Happened

Posted by Danessa Lincoln on Mar 14th, 2026

Blue Ridge Bankshares, Inc. (NASDAQ:BRBS – Get Free Report)’s stock price dropped 2.3% during mid-day trading on Friday . The stock traded as low as $3.76 and last traded at $3.87. Approximately 811,663 shares traded hands during trading, an increase of 277% from the average daily volume of 215,095 shares. The stock had previously closed at $3.96.

Blue Ridge Bankshares Trading Down 2.3%

The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a 50 day simple moving average of $4.23 and a two-hundred day simple moving average of $4.26. The firm has a market capitalization of $354.06 million, a P/E ratio of -6.05 and a beta of 0.84.

Hedge Funds Weigh In On Blue Ridge Bankshares

Several institutional investors have recently modified their holdings of BRBS. MV Capital Management Inc. purchased a new stake in shares of Blue Ridge Bankshares during the fourth quarter valued at approximately $28,000. BNP Paribas Financial Markets boosted its position in Blue Ridge Bankshares by 436.4% in the second quarter. BNP Paribas Financial Markets now owns 7,434 shares of the company’s stock worth $27,000 after purchasing an additional 6,048 shares during the last quarter. Polymer Capital Management HK LTD bought a new position in Blue Ridge Bankshares in the 3rd quarter valued at $44,000. ProShare Advisors LLC bought a new position in Blue Ridge Bankshares in the 2nd quarter valued at $47,000. Finally, DAVENPORT & Co LLC purchased a new stake in shares of Blue Ridge Bankshares during the 3rd quarter valued at $59,000. 50.48% of the stock is owned by institutional investors.

About Blue Ridge Bankshares

(Get Free Report)

Blue Ridge Bankshares, Inc is a bank holding company headquartered in Fort Valley, Virginia. Through its wholly owned subsidiary, Blue Ridge Bank, it offers a comprehensive suite of commercial and consumer banking services to individuals, businesses and agricultural clients. The company emphasizes a relationship-driven approach, leveraging local knowledge to deliver customized financial solutions.

Its product lineup includes deposit offerings such as checking, savings and money market accounts, as well as certificates of deposit.