Zacks Investment Research·Jun 25, 2026
Burke & Herbert (BHRB) Upgraded to Buy: Here's WhyBurke & Herbert (BHRB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Burke & Herbert Financial Services Corp.(BHRB)Earnings, Financials & Key Ratios
BHRB•NASDAQ•Banking & Credit
$69.76
9.0× P/E·Price updated Jul 7, 2026
AboutBurke & Herbert Bank & Trust Company provides various banking products and services to individuals and businesses in the Northern Virginia. The company accepts checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also offers debit, credit, and gift cards; mortgage, consumer, commercial real estate, and small business loans, as well as home equity lines of credit, and commercial loans and lines of credit; and financing for medical and dental practices. In addition, the company provides safe deposit boxes; online wire, ACH, positive pay, remote deposit, merchant, lockbox, and sweep services. Further, it offers wealth management, retirement planning, estate planning and asset management, and insurance services, as well as private, online, and mobile banking services. As of March 19, 2022, the company operated through approximately 20 branches in Northern Virginia. Burke & Herbert Bank & Trust Company was founded in 1852 and is based in Alexandria, Virginia.Show more
- Net Interest Income$296M+31.1%
- Total Revenue$491M+23.7%
- Net Income$117M+228.5%
- Return on Equity14.81%+116.6%
- Net Interest Margin3.74%+29.3%
- Efficiency Ratio39.82%-17.9%
- ROA1.49%+138.7%
- Equity / Assets10.79%+15.4%
- Book Value per Share56.87+16.6%
BHRB Price & Volume
Burke & Herbert Financial Services Corp. (BHRB) stock price & volume — 10-year historical chart
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Post-Merger Integration Challenges Impact Margin Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:CRE Concentration and Integration
Key Thesis Takeaways
- Burke & Herbert has successfully scaled its asset base to $7.9 billion following the Summit Financial Group merger, yet the bank faces ongoing pressure to improve profitability beyond its current 3.2% ROE.
- While credit provisioning has normalized to $12.0 thousand as of 2026Q1, the bank's heavy reliance on a $7.2 billion securities portfolio creates significant duration risk.
- Investors should monitor whether management can transition from inorganic growth to sustainable fee-based income, which currently accounts for only 10.9% of total revenue.
Verdict Logic
while the bank trades at a 0.50 PEG ratio, the lack of diversified fee income and the high concentration of securities assets suggest limited upside until operational efficiency improves from the 43.4% efficiency ratio recorded in 2026Q1.
BHRB Growth Metrics
Burke & Herbert Financial Services Corp. (BHRB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years22.68%
5 Years32.25%
3 Years56.77%
TTM-
Profit CAGR
10 Years19.57%
5 Years34.66%
3 Years38.65%
TTM103.59%
EPS CAGR
10 Years12.11%
5 Years18.55%
3 Years9.58%
TTM120.23%
Return on Capital
10 Years13.51%
5 Years8.92%
3 Years6.12%
Last Year3.45%
BHRB Recent Earnings
Burke & Herbert Financial Services Corp. (BHRB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (60%)●Beat Revenue 2/12 qtrs (20%)
Q2 2026Latest
Apr 24, 2026Metric
Actual
Est
EPS
$1.87+0.0%
$1.87
Rev
$85M-2.1%
$87M
Q2 2026
Apr 23, 2026Metric
Actual
Est
EPS
$1.87+0.0%
$1.87
Rev
$85M-2.1%
$87M
Q1 2026
Jan 23, 2026Metric
Actual
Est
EPS
$1.77-5.3%
$1.87
Rev
$123M+52.1%
$81M
Q1 2026
Jan 22, 2026Metric
Actual
Est
EPS
$1.98+3.7%
$1.91
Rev
$87M-0.1%
$87M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 24, 2026 | $1.87vs $1.87+0.0% | $85Mvs $87M-2.1% |
| Q2 2026 | Apr 23, 2026 | $1.87vs $1.87+0.0% | $85Mvs $87M-2.1% |
| Q1 2026 | Jan 23, 2026 | $1.77vs $1.87-5.3% | $123Mvs $81M+52.1% |
| Q1 2026 | Jan 22, 2026 | $1.98vs $1.91+3.7% | $87Mvs $87M-0.1% |
Based on last 12 quarters of dataView full earnings history →
Latest BHRB News
Recent stock market news and headlines for Burke & Herbert Financial Services Corp. (BHRB)
Peers Comparison
Key metrics vs top competitors for Burke & Herbert Financial Services Corp. (BHRB)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $69.76 | $1.05B | 9.00 | 23.73% | 23.89% | 14.81% | 3.24% | |
| $49.63 | $2.58B | 14.90 | 10.36% | 19.66% | 9.83% | — | |
| $29.30 | $264.9M | 14.95 | 27.11% | 18.05% | 11.51% | — | |
| $23.29 | $224.61M | 15.95 | -9.41% | 16.49% | 8% | — | |
| $24.06 | $171.21M | 13.67 | -1.44% | 12.96% | 7.98% | — | |
| $36.20 | $230.54M | 14.54 | 7.88% | 20.41% | 9.76% | — |
Compare BHRB vs Peers
Burke & Herbert Financial Services Corp. (BHRB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BHRB SEC Filings & Documents
Burke & Herbert Financial Services Corp. (BHRB) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 18, 2026·SEC
Material company update
Apr 23, 2026·SEC
Material company update
Apr 13, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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BHRB Frequently Asked Questions
Burke & Herbert Financial Services Corp. (BHRB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Burke & Herbert Financial Services Corp. growing?
Burke & Herbert Financial Services Corp. (BHRB) grew revenue by 23.7% over the past year. This is strong growth.
Is BHRB profitable?
Yes, Burke & Herbert Financial Services Corp. (BHRB) is profitable, generating $117.5M in net income for fiscal year 2025 (23.9% net margin).
Dividend & Returns
Does BHRB pay dividends?
Yes, Burke & Herbert Financial Services Corp. (BHRB) pays a dividend with a yield of 3.24%. This makes it attractive for income-focused investors.
What is BHRB's return on equity?
Burke & Herbert Financial Services Corp. (BHRB) has a return on equity (ROE) of 14.8%. This is reasonable for most industries.
Industry Metrics
What is Burke & Herbert Financial Services Corp.'s net interest margin?
Burke & Herbert Financial Services Corp. (BHRB) has a net interest margin (NIM) of 3.7%. This indicates healthy earnings from lending activities.
What is Burke & Herbert Financial Services Corp.'s efficiency ratio?
Burke & Herbert Financial Services Corp. (BHRB) has an efficiency ratio of 39.8%. This is excellent, indicating strong cost control.