M&A/Shareholder vote/2026/Blue Ridge Bankshares, Inc.

Blue Ridge Bankshares, Inc. BRBS

HomeTrust Bancshares, Inc. is buying Blue Ridge Bankshares, Inc. (BRBS), paying holders in stock, expected to close Q1 2027. Blue Ridge is the bank holding company for Blue Ridge Bank, providing commercial and consumer banking and financial services through Blue Ridge Bank and BRB Financial Group, its wealth and trust management subsidiary, across Virginia and central North Carolina.

Holders get
Stock
0.086 of a share of HomeTrust common stock, plus cash in lieu of any fractional shares
Deal value
Not given
Expected close
Q1 2027
Status
Pending
Checked
See the filing →

Filed

The deal

HomeTrust Bancshares, Inc. is acquiring Blue Ridge Bankshares, Inc. (BRBS), the bank holding company for Blue Ridge Bank, providing commercial and consumer banking and financial services across Virginia and central North Carolina. Each Blue Ridge shareholder will receive 0.086 of a share of HomeTrust common stock, plus cash in lieu of any fractional shares.

The deal is expected to close early in the first quarter of 2027. It requires receipt of all governmental approvals, HomeTrust stockholder approval of the share issuance proposal, and Blue Ridge shareholder approval of the merger proposal.

What has happened

Agreement signed · See the filing
Holders sent the terms and a meeting date

What must happen first

receipt of all approvals of governmental authorities required for the mergers and the bank merger
HomeTrust stockholders must approve the HomeTrust share issuance proposal
Blue Ridge shareholders must approve the Blue Ridge merger proposal

The board says

unanimously recommends that Blue Ridge shareholders vote FOR the Blue Ridge merger proposal