Burke & Herbert Financial Services Corp. operates as a bank holding company, offering a comprehensive range of banking products and financial solutions. ...
Burke & Herbert Financial Services Corp. is the publicly traded parent company of Burke & Herbert Bank & Trust Company, a community-focused banking institution headquartered at 100 South Fairfax Street in Alexandria, Virginia. The bank traces its operating history to 1852 and is described as the oldest continuously operating bank ...Burke & Herbert Financial Services Corp. is the publicly traded parent company of Burke & Herbert Bank & Trust Company, a community-focused banking institution headquartered at 100 South Fairfax Street in Alexandria, Virginia. The bank traces its operating history to 1852 and is described as the oldest continuously operating bank under its original name headquartered in the greater Washington, D.C. region. The holding company itself was established in 2022 as part of a corporate reorganization, so the 1852 founding date refers to the underlying bank franchise rather than the legal formation date of the public parent.
The company serves a broad customer base that includes individuals, families, small and medium-sized businesses, business owners and employees, professional corporations, nonprofit organizations, and other commercial clients. Its service offering includes deposit accounts, checking and savings products, consumer banking, residential and commercial mortgages, commercial loans, treasury and cash-management services, digital banking, investment and wealth-management solutions, and fiduciary or trust-related services. The bank operates nearly 100 locations across Delaware, Kentucky, Maryland, Pennsylvania, Virginia, and West Virginia, giving it a regional community-bank presence with a concentration in the Mid-Atlantic.
Lending is a central component of the business. The loan portfolio includes commercial real estate, owner-occupied commercial real estate, acquisition and construction loans, commercial and industrial credit, single-family residential loans, and consumer and other loans. Underwriting emphasizes borrower credit quality, repayment capacity, property cash flow, project execution, collateral value, and the financial condition of operating businesses. As a bank, its major cost and balance-sheet considerations include deposit interest expense, personnel and branch expenses, technology and compliance costs, credit-loss provisions, funding costs, and capital requirements. Unlike a manufacturing company, it does not have a conventional bill of materials; its primary operating inputs are deposits and wholesale funding, employee expertise, branch and digital infrastructure, technology platforms, and regulatory capital.
The supplied trailing figures indicate approximately $1.48 billion in market capitalization, a price-to-earnings ratio near 11.7, a price-to-book ratio below 1.0, return on equity of about 10.4%, and a dividend yield of roughly 3.0%. These metrics suggest that investors evaluate BHRB primarily through profitability, asset quality, capital strength, net interest performance, deposit stability, loan growth, and dividend sustainability. Reported full-time employment is 832 people, placing the company in the 501-1000 employee category. David Boyle serves as Chair and Chief Executive Officer, while Roy Halyama is identified as President. Key strategic priorities are likely to include maintaining strong community relationships, expanding banking capabilities across its six-state footprint, integrating acquired or merged operations, improving digital delivery, managing credit and interest-rate risk, and producing sustainable shareholder returns while preserving the bank's long-standing local identity.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$491.1M
+23.7%
-31.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$117.3M
+228.5%
-65.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+69.3%
+18.5%
-18.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+29.5%
+193.6%
-47.1%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+23.9%
+165.5%
-49.1%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$96.2M
+18.5%
-107.6%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+19.6%
-4.3%
-111.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
62.9%
-3.7%
-20.7%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
3.79x
+5091.2%
+1886.1%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.