Welcome to our dedicated page for Burke & Herbert news (Ticker: BHRB), a resource for investors and traders seeking the latest updates and insights on Burke & Herbert stock.
Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) is a financial holding company for Burke & Herbert Bank & Trust Company, a Virginia-chartered bank described as the oldest continuously operating bank under its original name headquartered in the greater Washington, D.C. metropolitan area. This news page aggregates coverage of BHRB’s public announcements, earnings results, strategic transactions, and governance updates.
Company press releases provide regular detail on quarterly and annual financial performance, including net interest income, net interest margin, loan and deposit balances, liquidity, and capital ratios. Investors following BHRB news can see how the company’s community and commercial banking model translates into reported earnings, capital levels, and asset quality metrics that management characterizes as consistent with a moderate risk profile.
Burke & Herbert’s news flow also includes information about mergers and acquisitions. In 2024, the company completed a merger with Summit Financial Group, Inc., and in December 2025 it announced an Agreement and Plan of Merger with LINKBANCORP, Inc., under which LINKBANCORP will merge with and into Burke & Herbert Financial Services Corp., with LINKBANK to be merged into Burke & Herbert Bank & Trust Company. Related commentary from the company and third parties discusses expected increases in scale and expansion into Pennsylvania and additional Mid-Atlantic markets.
Other BHRB news items cover topics such as dividend declarations, share repurchase authorizations, executive appointments in areas like credit and accounting, and key hires in commercial banking and treasury management. By reviewing this news feed, readers can track how Burke & Herbert manages growth, integrates acquisitions, adjusts its leadership team, and communicates with shareholders about its strategic direction and financial condition.
Burke & Herbert Financial Services (Nasdaq: BHRB) completed the merger with LINKBANCORP, Inc. (LNKB) effective May 1, 2026. LINKBANK was merged into Burke & Herbert Bank & Trust Company, making the transaction effective on that date.
Burke & Herbert Financial Services Corp (Nasdaq: BHRB) reported Q1 2026 results and declared a $0.55 per share cash dividend payable June 1, 2026 to shareholders of record May 15, 2026. Net income applicable to common shares was $27.1 million; diluted EPS was $1.79. Ending loans were $5.4 billion and deposits $6.3 billion; loan-to-deposit ratio 85.4%. Regulatory approval was received for the LINKBANK merger, expected to close May 1, 2026, pending customary conditions. The company reported an annualized ROA of 1.39% and CET1 ratio of 13.8% with $4.8 billion total liquidity.
Burke & Herbert Financial Services (Nasdaq: BHRB) and LINKBANCORP (Nasdaq: LNKB) said they have received all required regulatory approvals or waivers for their previously announced merger under the Agreement and Plan of Merger dated December 18, 2025.
The companies expect the merger to close on May 1, 2026, subject to customary closing conditions.
Burke & Herbert Financial Services Corp (Nasdaq: BHRB) and LINKBANCORP (Nasdaq: LNKB) announced that shareholders of both companies approved the merger on March 25, 2026.
The transaction will merge LINK into Burke & Herbert, with Burke & Herbert as the continuing corporation; closing remains subject to regulatory approvals and customary closing conditions.
Burke & Herbert Financial Services (Nasdaq: BHRB) reported Q4 2025 net income applicable to common shares of $30.0 million and diluted EPS of $1.98, and full-year 2025 net income of $116.4 million with diluted EPS of $7.72. The board declared a $0.55 per share cash dividend payable March 2, 2026 (record date Feb 13, 2026). Ending loans were $5.4B, deposits $6.4B (loan-to-deposit 84.1%), total liquidity $4.8B, and regulatory capital remained strong with CET1 at 13.2% and leverage ratio 10.9%. The company signed a definitive merger agreement with LINKBANCORP (Nasdaq: LNKB) to create ~$11B in combined assets, subject to approvals.
Burke & Herbert Financial Services (NASDAQ: BHRB) agreed to acquire LINKBANCORP (NASDAQ: LNKB) in an all‑stock deal announced Dec 18, 2025, with an estimated value of approximately $354 million and expected close in 2Q26. The transaction would push BHRB past the $10 billion asset threshold to $11.0 billion pro forma, with $8.0 billion in loans and $9.1 billion in deposits. KBRA noted pro forma metrics: loan‑to‑deposit ratio 88%, pro forma cost of deposits 1.96%, a gross credit mark of $36 million (1.5%), and interest rate marks of ~$38 million accretable over four years. Pro forma CET1 would decline to 11.4% from 12.8% at 3Q25.
Burke & Herbert Financial Services (Nasdaq: BHRB) will acquire LINKBANCORP (Nasdaq: LNKB) in an all-stock transaction valued at approximately $354.2 million (about $9.38 per LINK share) announced Dec 18, 2025.
The deal uses an exchange ratio of 0.1350 shares of Burke & Herbert for each LINK share, creating a combined bank holding company with pro forma $11.0 billion in assets and $9.1 billion in deposits and more than 100 locations across six states.
Burke & Herbert shareholders are expected to own ~75% of the combined company, LINK shareholders ~25%, and the transaction targets combined EPS of ~$9.18 in the first full year assuming cost savings. Closing is expected in Q2 2026, subject to regulatory and shareholder approvals.
Burke & Herbert Financial Services (Nasdaq: BHRB) reported Q3 2025 results and declared a common stock dividend of $0.55 per share payable Dec 1, 2025 to holders of record Nov 14, 2025. For the quarter ended Sept 30, 2025, net income applicable to common shares was $29.7 million and diluted EPS was $1.97.
Key balance-sheet and operating metrics: ending gross loans $5.6B, ending deposits $6.4B (loan-to-deposit 86.7%), net interest margin (non-GAAP) 4.08%, total liquidity $4.3B, allowance for credit losses $67.6M (1.2% of loans), and Common Equity Tier 1 ratio 12.7%.
Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) reported strong Q2 2025 financial results with net income of $29.7 million and diluted EPS of $1.97, up from $27.0 million and $1.80 EPS in Q1 2025. The company declared a $0.55 per share dividend payable on September 2, 2025.
Key metrics include a 4.17% net interest margin, total gross loans of $5.6 billion, and deposits of $6.4 billion. The company maintains strong capital ratios with 12.2% Common Equity Tier 1 and 15.3% Total risk-based capital. Asset quality remains solid with adequate reserves, and total liquidity stands at $4.4 billion.
The company is executing its strategic plan, replacing non-strategic loans with relationship-based assets while expanding into new markets including Bethesda, Maryland, and Fredericksburg and Richmond, Virginia.
Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) has announced strategic additions to its commercial banking and treasury management teams. The company has made three key appointments: Daniel Kroll as SVP and Commercial Banking Executive for Commercial Real Estate, Amar Grover as VP and Portfolio Manager Team Lead - both joining the Bethesda, Maryland office - and Clark A. Snow as SVP Treasury Management Consultant and Sales Team Lead.
The new hires bring significant experience to Burke & Herbert, with Kroll having over 12 years in banking, Grover bringing 15 years of diverse experience, and Snow contributing nearly 30 years of treasury expertise. These appointments align with the company's strategic goals and commitment to enhancing client services.