Blue Ridge Bankshares (BRBS) Tax Provisions (2018 - 2026)
Blue Ridge Bankshares (BRBS) posted Tax Provisions of -$333000.0 for Q2 2026, down 220.22% on a QoQ basis from $277000.0 in Q1 2026, and down 169.38% year-over-year from $480000.0 in Q2 2025.
Analysis
Blue Ridge Bankshares (BRBS) Tax Provisions (2018 - 2026) Analysis & Trends
Blue Ridge Bankshares has reported Tax Provisions for 9 years, with the latest figure at -$333000.0 in Q2 2026.
- On a quarterly basis, Tax Provisions fell 169.38% year-over-year to -$333000.0 in Q2 2026; TTM through Jun 2026 was $3.0 million, a 5.7% increase from a year earlier, with the FY2025 full-year figure at $3.1 million, up 373.26% from the prior year.
- Tax Provisions was -$333000.0 for Q2 2026 at Blue Ridge Bankshares, down from $277000.0 in the prior quarter.
- The five-year high for Tax Provisions was $5.2 million in Q1 2022, with the low at -$4.7 million in Q3 2023.
- Average Tax Provisions over 5 years is $161888.9, with a median of $309500.0 recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions soared 378.01% in 2022, then slumped 685.89% in 2023.
- Over 5 years, Tax Provisions stood at -$1.1 million in 2022, then slumped by 57.16% to -$1.7 million in 2023, then soared by 227.61% to $2.2 million in 2024, then slumped by 48.14% to $1.1 million in 2025, then tumbled by 129.18% to -$333000.0 in 2026.
- The last three Tax Provisions figures came in at -$333000.0 (Q2 2026), $277000.0 (Q1 2026), and $1.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 148.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 219.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 139.00 Mn |
| 10 | Blue Ridge Bankshares | 357.96 Mn | 357.75 Mn | - | -333,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -333,000.00 |
| Mar 31, 2026 | 277,000.00 |
| Dec 31, 2025 | 1.14 Mn |
| Sep 30, 2025 | 1.90 Mn |
| Jun 30, 2025 | 480,000.00 |
| Mar 31, 2025 | -455,000.00 |
| Dec 31, 2024 | 2.20 Mn |
| Sep 30, 2024 | 599,000.00 |
| Jun 30, 2024 | -616,000.00 |
| Mar 31, 2024 | -407,000.00 |
| Dec 31, 2023 | -1.72 Mn |
| Sep 30, 2023 | -4.69 Mn |
| Jun 30, 2023 | -1.83 Mn |
| Mar 31, 2023 | 1.17 Mn |
| Dec 31, 2022 | -1.10 Mn |
| Sep 30, 2022 | 801,000.00 |
| Jun 30, 2022 | 342,000.00 |
| Mar 31, 2022 | 5.15 Mn |
| Dec 31, 2021 | 4.73 Mn |
| Sep 30, 2021 | 2.21 Mn |