Blue Ridge Bankshares, Inc.
Blue Ridge Bankshares, Inc. (AMEX: BRBS) is trading at $3.84, about ₹369 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.26% today. Indian residents can buy Blue Ridge Bankshares from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$3.79
Today's high
$3.86
52 week low
$3.23
52 week high
$4.79
BRBS opened at $3.85, closed previously at $3.83, and has traded between $3.23 and $4.79 over the past 52 weeks.
About
Blue Ridge Bankshares, Inc. serves as the holding company for Blue Ridge Bank, National Association, offering a wide array of commercial, consumer, and financial services. Its business operations are structured into distinct Commercial Banking and Mortgage Banking segments. The institution provides various deposit accounts, including checking, savings, money market, cash management, individual retirement accounts (IRAs), and certificates of deposit (CDs). Lending services encompass commercial and industrial loans, residential and commercial mortgages, home equity lines, consumer installment loans, and government-guaranteed financing. Beyond traditional banking, the company furnishes essential services such as wire transfers, direct deposit payroll, remote deposit, payroll processing, and electronic statements, all accessible via online, mobile, and telephone banking platforms. It also offers property and casualty insurance for both individuals and businesses. Furthermore, Blue Ridge Bankshares delivers employee benefit plan administration, manages personal and corporate trusts—including estate planning, settlement, and administration—and provides investment, wealth management, and additional insurance products. The company also supports other financial institutions and credit unions with wholesale and third-party residential mortgage origination. Blue Ridge Bankshares operates branches throughout numerous cities in Virginia, including Callao, Charlottesville, Chester, Colonial Heights, Culpeper, Fredericksburg, Gordonsville, Harrisonburg, Hartfield, Henrico, Kilmarnock, Louisa, Luray, Martinsville, Midlothian, Mineral, Montross, Orange, Petersburg, Richmond, Shenandoah, Suffolk, Virginia Beach, Warsaw, and White Stone. It also maintains a presence in Greensboro, North Carolina. The company was founded in 1893 and is headquartered in Charlottesville, Virginia.
Key statistics
Avg. volume
718.96K
Market cap
$345.26M
P/E Ratio
35.82
Price-to-sales ratio
2.53
Enterprise value
$516.28M
Free cash flow yield
2.64%
Debt-to-equity ratio
0.62
Return on equity
3.31%
ROIC
2.09%
Beta
0.55
Dividend yield
22.13%
Last dividend
$0.85
Financial overview
Revenue
$150.61M
Earnings per share
$0.11
Free cash flow
$11.95M
Net profit margin
7.67%
Gross margin
62.52%
EBITDA
$15.02M
Revenue growth
-13.39%
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This is not an investment recommendation
How to buy Blue Ridge Bankshares from India
Indian residents can buy Blue Ridge Bankshares shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Blue Ridge Bankshares and place an order
Find Blue Ridge Bankshares by name or by its ticker, BRBS, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Blue Ridge Bankshares trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Blue Ridge Bankshares position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Blue Ridge Bankshares from India
Trading and taxes when buying Blue Ridge Bankshares from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Blue Ridge Bankshares’ current yield is 22.13%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Blue Ridge Bankshares stock?
Yes. Blue Ridge Bankshares (BRBS) has been listed on NYSE American since 2012, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Blue Ridge Bankshares share cost in rupees?
One Blue Ridge Bankshares share is $3.84 — about ₹369 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Blue Ridge Bankshares price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Blue Ridge Bankshares from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Blue Ridge Bankshares?
Yes. One Blue Ridge Bankshares share is $3.84, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Blue Ridge Bankshares.
How are gains on Blue Ridge Bankshares shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Blue Ridge Bankshares price. Paasa issues a capital-gains statement for your return.
Does Blue Ridge Bankshares pay a dividend, and how is it taxed in India?
Yes. Blue Ridge Bankshares pays a dividend and the current yield is 22.13%; the last declared dividend was $0.85 per share, about ₹81.65. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Blue Ridge Bankshares from India?
NYSE American trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Blue Ridge Bankshares shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Blue Ridge Bankshares shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Blue Ridge Bankshares holding, its cost and its closing value.
How do I sell Blue Ridge Bankshares and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.