Blue Ridge Bankshares (BRBS) Research & Development (2018 - 2026)
Blue Ridge Bankshares (BRBS) recorded quarterly Research & Development of $2.0 million in Q1 2026, down 4.33% quarter-over-quarter from $2.1 million in Q4 2025, and down 28.63% on a YoY basis from $2.8 million in Q1 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 was $2.0 million for Q1 2026 at Blue Ridge Bankshares, down from $2.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.9 million in Q3 2023 to a low of $874000.0 in Q2 2022.
- Historically, Research & Development has averaged $2.0 million across 5 years, with a median of $2.3 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development sank 41.11% in 2022, then jumped 117.04% in 2023.
- A 5-year view of Research & Development shows it stood at $1.4 million in 2022, then jumped by 68.36% to $2.4 million in 2023, then rose by 9.07% to $2.6 million in 2024, then slipped by 21.5% to $2.1 million in 2025, then dropped by 4.33% to $2.0 million in 2026.
- The last three Research & Development figures came in at $2.0 million (Q1 2026), $2.1 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Blue Ridge Bankshares | 291.97 Mn | 291.64 Mn | - | 1.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.48 Mn |