Top Page
Burke & Herbert Bank & Company
(NASDAQ:BHRB)
Burke & Herbert Bank & Company (BHRB) vs. SPDR S&P 500 ETF (SPY)
Burke & Herbert Bank & Company Business Overview & Revenue Model
Burke & Herbert Bank & Company Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 491.11M | 396.93M | 162.28M | 127.48M | 119.13M |
| Gross Profit | 340.51M | 232.33M | 108.93M | 126.00M | 115.92M |
| EBITDA | 144.95M | 57.30M | 27.93M | 55.56M | 40.44M |
| Net Income | 117.32M | 35.71M | 22.69M | 44.01M | 36.16M |
Balance Sheet | |||||
| Total Assets | 7.92B | 7.81B | 3.62B | 3.56B | 3.62B |
| Cash, Cash Equivalents and Short-Term Investments | 1.67B | 467.69M | 550.44M | 1.42B | 1.68B |
| Total Debt | 537.49M | 476.88M | 544.00M | 686.20M | 550.00M |
| Total Liabilities | 7.07B | 7.08B | 3.30B | 3.29B | 3.23B |
| Stockholders Equity | 854.65M | 730.16M | 314.75M | 273.45M | 389.63M |
Cash Flow | |||||
| Free Cash Flow | 62.56M | 81.23M | 28.26M | 37.98M | 53.87M |
| Operating Cash Flow | 62.56M | 86.15M | 42.51M | 61.06M | 54.95M |
| Investing Cash Flow | 0.00 | 123.56M | -43.17M | -127.41M | -384.13M |
| Financing Cash Flow | -63.21M | -118.54M | -5.14M | 39.29M | 177.83M |
Burke & Herbert Bank & Company Technical Analysis
Burke & Herbert Bank & Company Risk Analysis
Burke & Herbert Bank & Company Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $892.01M | 17.74 | 19.19% | 0.66% | 17.98% | 14.35% | |
74 Outperform | $1.01B | 10.95 | 9.74% | 2.43% | 3.54% | 12.23% | |
71 Outperform | $979.41M | 8.41 | 13.70% | 3.49% | 53.68% | 290.47% | |
70 Outperform | $954.28M | 10.85 | 9.61% | 2.59% | 4.49% | 20.44% | |
68 Neutral | $1.04B | 12.22 | 9.24% | 1.24% | 10.42% | -18.32% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
53 Neutral | $947.08M | 13.76 | 8.53% | 4.59% | -4.08% | -16.80% |
Burke & Herbert Bank & Company Corporate Events
On January 22, 2026, Burke & Herbert Financial Services Corp. announced that President and director H. Charles Maddy, III will retire as President and will not stand for re-election to the company’s board at the 2026 annual meeting, with his retirement effective June 30, 2026; the company emphasized that his departure is not due to any disagreements and highlighted his role in the 2024 Summit Financial Group merger and his continued service on the bank subsidiary’s board and as chair of the Burke & Herbert Bank Foundation, with succession plans anticipating that current Executive Vice President and Chief Financial Officer Roy E. Halyama will be appointed President of both the holding company and the bank. Also on January 22, 2026, the board’s Compensation Committee approved a 2026 incentive plan for executive leadership that combines annual cash incentives tied to financial and strategic performance metrics with a redesigned long-term equity program based on time-vested and performance-vested restricted stock units, aligning top executives’ pay with metrics such as earnings per share, return on equity, credit quality and relative total shareholder return, and setting substantial target incentive opportunities for CEO David P. Boyle and anticipated successor president Roy Halyama while excluding Mr. Maddy from new long-term stock awards as he approaches retirement.
The most recent analyst rating on (BHRB) stock is a Buy with a $73.00 price target. To see the full list of analyst forecasts on Burke & Herbert Bank & Company stock, see the BHRB Stock Forecast page.
On January 22, 2026, Burke & Herbert Financial Services Corp. reported solid fourth-quarter and full-year 2025 results, with net income applicable to common shares of $30.0 million, or $1.98 per diluted share, for the quarter and $116.4 million, or $7.72 per diluted share, for the year, supported by a net interest margin above 4%, strong asset quality, and capital ratios well above regulatory “well-capitalized” thresholds. The board also declared a regular quarterly cash dividend of $0.55 per common share, payable March 2, 2026, following a year in which the bank reshaped its loan book toward more relationship-based lending, grew core deposits while trimming higher-cost brokered balances, maintained ample liquidity of $4.8 billion, surpassed $1 million in community donations, and announced a December 18, 2025, all-stock merger agreement with LINKBANCORP that, if completed, would create an approximately $11 billion-asset financial holding company with more than 100 locations and over 1,000 employees across six states, potentially strengthening its competitive positioning and regional footprint.
The most recent analyst rating on (BHRB) stock is a Buy with a $74.00 price target. To see the full list of analyst forecasts on Burke & Herbert Bank & Company stock, see the BHRB Stock Forecast page.
On December 19, 2025, Burke & Herbert Bank & Trust Company amended the Supplemental Executive Retirement Plan (SERP) originally established for key executives of Summit Community Bank, Inc., which had merged into Burke & Herbert Bank on May 3, 2024. Following the merger, the SERP benefits fully vested and a “rabbi trust” had been created and funded to pay those obligations; under the newly executed amendment, Burke & Herbert and the participating executives agreed to terminate that trust and waive the requirement that such a trust be maintained specifically in connection with the Summit merger, while leaving all other SERP provisions intact, including full vesting of normal retirement benefits from the merger and the obligation to establish a new “rabbi trust” if Burke & Herbert itself undergoes a future change in control.
The most recent analyst rating on (BHRB) stock is a Buy with a $76.00 price target. To see the full list of analyst forecasts on Burke & Herbert Bank & Company stock, see the BHRB Stock Forecast page.
On December 18, 2025, Burke & Herbert Financial Services Corp. and Pennsylvania-based LINKBANCORP, Inc. signed a definitive merger agreement under which LINKBANCORP will merge into Burke & Herbert in an all-stock transaction, followed immediately by the merger of LINKBANK into Burke & Herbert Bank & Trust Company, with Burke & Herbert and its bank remaining the surviving entities. Each share of LINKBANCORP common stock will be converted into 0.1350 shares of Burke & Herbert common stock in a transaction structured as a tax-free reorganization, with detailed treatment laid out for LNKB restricted stock, RSUs, options and warrants, including full vesting of most equity awards and the assumption of options and warrants by Burke & Herbert. Governance arrangements will expand Burke & Herbert’s boards to add directors from LINKBANCORP and bring senior LNKB and LINK executives into key roles at the surviving bank, reinforcing continuity and market expertise as Burke & Herbert deepens its footprint, particularly in Pennsylvania. The deal, unanimously approved by both boards, remains subject to shareholder approvals, multiple bank regulatory clearances, effectiveness of a registration statement and other customary closing conditions, and includes reciprocal support agreements from directors of both companies and a $14.2 million termination fee, signaling a strong commitment to completing a strategic combination that could enhance scale and competitive positioning in the regional banking sector. Separately, on December 18, 2025, Burke & Herbert amended and restated its bylaws to fix the board size between five and fifteen directors and to remove legacy provisions tied to its prior merger with Summit Financial Group, further aligning its governance structure with its current and prospective post-transaction profile.
The most recent analyst rating on (BHRB) stock is a Buy with a $76.00 price target. To see the full list of analyst forecasts on Burke & Herbert Bank & Company stock, see the BHRB Stock Forecast page.