Blue Ridge Bankshares (BRBS) Research & Development (2018 - 2026)
Blue Ridge Bankshares (BRBS) posted quarterly Research & Development of $2.0 million for Q1 2026, down 28.63% year-over-year from $2.8 million in Q1 2025, and down 4.33% quarter-over-quarter from $2.1 million in Q4 2025.
Blue Ridge Bankshares (BRBS) Research & Development (2018 - 2026) Analysis & Trends
Blue Ridge Bankshares' Research & Development history runs 9 years deep, the most recent figure standing at $2.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 28.63% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at $8.9 million (down 15.06% YoY), while the FY2025 annual figure was $9.7 million, down 2.83% from the prior year.
- Research & Development for Q1 2026 stood at $2.0 million, down from $2.1 million in the prior quarter.
- The five-year high for Research & Development was $2.9 million in Q3 2023, with the low at $874000.0 in Q2 2022.
- The 5-year median for Research & Development is $2.3 million (2024), against an average of $2.0 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development plunged 41.11% in 2022, then soared 117.04% in 2023.
- Blue Ridge Bankshares' Research & Development stood at $1.4 million in 2022, then soared by 68.36% to $2.4 million in 2023, then increased by 9.07% to $2.6 million in 2024, then decreased by 21.5% to $2.1 million in 2025, then slipped by 4.33% to $2.0 million in 2026.
- Business Quant data shows BRBS's Research & Development at $2.0 million in Q1 2026, $2.1 million in Q4 2025, and $2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.94 Bn | 84.74 Bn | - | - |
| 2 | Pnc Financial Services | 98.07 Bn | 98.07 Bn | - | - |
| 3 | Us Bancorp | 96.46 Bn | 96.46 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.21 Bn | -81.11 Bn | - | - |
| 7 | Nu Holdings | 70.92 Bn | 57.24 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.86 Bn | 61.86 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.99 Bn | 26.26 Bn | - | 250.00 Mn |
| 10 | Blue Ridge Bankshares | 346.45 Mn | 346.24 Mn | - | 1.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.92 Mn |
| Mar 31, 2026 | 1.99 Mn |
| Dec 31, 2025 | 2.08 Mn |
| Sep 30, 2025 | 2.31 Mn |
| Jun 30, 2025 | 2.57 Mn |
| Mar 31, 2025 | 2.78 Mn |
| Dec 31, 2024 | 2.65 Mn |
| Sep 30, 2024 | 2.77 Mn |
| Jun 30, 2024 | 2.33 Mn |
| Mar 31, 2024 | 2.28 Mn |
| Dec 31, 2023 | 2.43 Mn |
| Sep 30, 2023 | 2.89 Mn |
| Jun 30, 2023 | 1.13 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Dec 31, 2022 | 1.44 Mn |
| Sep 30, 2022 | 1.33 Mn |
| Jun 30, 2022 | 874,000.00 |
| Mar 31, 2022 | 946,000.00 |
| Dec 31, 2021 | 1.11 Mn |
| Sep 30, 2021 | 837,000.00 |