Black racial identity (BRI), particularly centrality and private regard, have been linked to mental health and are often theorized to reflect trait-like and situational influences. We estimated the strength of trait and dyadic relationships (a type of situation) for BRI and its links to subclinical anxiety and depression. Black university students ( N = 110) rated their BRI, mental health, and perceived support when with or thinking about three relationship partners (e.g., mothers, friends). Variance components analyses estimated the strength of trait and dyadic effects. All constructs had significant trait and dyadic components. Participants with higher trait private regard and centrality reported better mental health than those with lower BRI. Additionally, BRI varied depending upon which partner was rated (dyadic effects). When a participant experienced high private regard or centrality with a partner, the participant had low subclinical depression and anxiety in that relationship. When a participant had high BRI and mental health when with a partner, the participant saw the partner as highly supportive. Findings suggest the importance of supportive others for adaptive BRI.