#hometrust-acquisition

HomeTrust Bancshares to Acquire Blue Ridge Bankshares (BRBS) Amid Challenging Q3 Results

HomeTrust Bancshares has announced plans to acquire Blue Ridge Bankshares, despite the latter's challenging Q3 results. The acquisition is expected to expand HomeTrust's presence in the banking industry and provide opportunities for growth. Blue Ridge Bankshares' Q3 results were impacted by a GAAP loss per share and a notable revenue decline.