Burke Herbert Financial Services Corp./$BHRB

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About Burke Herbert Financial Services Corp.

Burke & Herbert Financial Services Corp is the bank holding company. Through its subsidiary, it predominantly serves small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals with various banking products and financial services. Some of its products and service offerings include checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential mortgage, acquisition, construction, and development loans, online banking, mobile banking, and wealth and trust services. The company operates in a single segment, namely Community Banking.
Ticker
$BHRB
Sector
Finance
Primary listing
NASDAQ
Employees
1,051

BHRB Metrics

BasicAdvanced
$1.4B
11.74
$6.01
0.22
$2.20
3.12%

Bulls say / Bears say

The LINKBANCORP combination materially expands BHRB's scale, producing approximately $11 billion of assets and more than 100 branches across six states, which could broaden its commercial-banking franchise and improve operating leverage over time. (Burke & Herbert)
Underlying Q2 performance was stronger than GAAP results suggest: adjusted operating net income was $37.5 million, adjusted diluted EPS was $2.03, adjusted ROA was 1.50%, and adjusted ROATCE was 16.45%. (Burke & Herbert)
Capital and liquidity provide a meaningful buffer while the merger is integrated: BHRB reported $6.1 billion of total liquidity, an 11.79% CET1 ratio, a 14.48% total risk-based capital ratio, and an 11.08% leverage ratio at June 30, 2026. (Burke & Herbert)
GAAP profitability was heavily compressed in Q2 2026: net income attributable to common shareholders fell to $9.3 million, or $0.50 per diluted share, from $27.1 million, or $1.79, in Q1, while non-interest expense rose to $93.5 million largely because of LINKBANCORP integration costs. (Burke & Herbert)
The LINKBANCORP merger creates execution risk: management disclosed that integration benefits, cost savings and synergies may not materialize as expected, while the transaction added approximately 5.1 million shares and requires continued operational integration. (SEC filing)
The enlarged balance sheet remains exposed to credit and real-estate-cycle risk because a substantial portion of the loan portfolio is secured by real estate; Q2 also included a $1.3 million provision for unfunded commitments, primarily tied to the LINKBANCORP acquisition. (Burke & Herbert)
Data summarised monthly by Lightyear AI. Last updated on 11 Sept 2026.
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