Blue Ridge Bankshares, Inc. Announces Special Cash Dividend
Rhea-AI Summary
Blue Ridge Bankshares (NYSE:BRBS) announced a special cash dividend of $0.25 per share. The Board declared the dividend on Oct. 27, 2025, payable on November 21, 2025 to shareholders of record at the close of business on November 7, 2025. The company said the dividend reflects the Board's commitment to enhancing shareholder value and cites regulator affirmation of its strong financial position. Blue Ridge Bankshares is the holding company for Blue Ridge Bank and BRB Financial Group and offers retail and commercial banking plus investment, wealth management, and trust services.
Positive
- $0.25 special cash dividend declared
- Dividend payable on November 21, 2025
- Shareholders of record cutoff on November 7, 2025
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BRBS gained 2.09%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
President and Chief Executive Officer, G. William "Billy" Beale, commented, "This special dividend reflects our Board's ongoing commitment to enhancing shareholder value and is affirmation by our regulators of our strong financial position. Without the investment of our shareholders, this success would not be possible. The Board and the employees at Blue Ridge Bankshares thank you for your continued support."
About Blue Ridge Bankshares, Inc.:
Blue Ridge Bankshares, Inc. is the holding company for Blue Ridge Bank and BRB Financial Group, Inc. The Company, through its subsidiaries and affiliates, provides a wide range of financial services including retail and commercial banking. The Company also provides investment and wealth management services and management services for personal and corporate trusts, including estate planning and trust administration. Visit www.mybrb.com for more information.
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SOURCE Blue Ridge Bankshares, Inc.