Burke & Herbert Financial Services Corp. (BHRB) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, Burke & Herbert Financial Services reported revenue of $342.0M, up 30.6% from $262.0M the year before. Net income was $117.3M (a 34.3% net margin), or $7.72 per diluted share. Net interest income was $295.9M, and the efficiency ratio (noninterest expense / revenue) was 57.2%. Operating activities generated $107.9M of cash, leaving $96.2M of free cash flow. At fiscal year end, Burke & Herbert Financial Services held $7.92B in total assets against $7.07B in total liabilities.
Open the full interactive Burke & Herbert Financial Services financials → Quarterly statements, key ratios, valuation history and price charts.
Burke & Herbert Financial Services Key Stats
| Share Price | $69.19 |
|---|---|
| Market Cap | $1.28B |
| P/E Ratio | 9.0 |
| Dividend Yield | 2.87% |
| Revenue YoY Growth | +30.6% |
| 52-Week Range | $56.17 – $74.08 |
| Shares Outstanding | 18.4 million (basic, 2026 Q2) |
Burke & Herbert Financial Services Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Net Interest Income | $93.8M | $225.8M | $295.9M |
| Provision for Credit Losses | $235,000 | $24.2M | $1.5M |
| Noninterest Income | $18.0M | $36.2M | $46.1M |
| Noninterest Expense | $86.4M | $197.8M | $195.6M |
| Revenue | $111.7M | $262.0M | $342.0M |
| Pre-Tax Income | $25.1M | $39.9M | $144.9M |
| Income Tax | $2.4M | $4.2M | $27.6M |
| Net Income | $22.7M | $35.7M | $117.3M |
| Diluted EPS | $3.02 | $2.82 | $7.72 |
Burke & Herbert Financial Services Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $85.4M | $86.5M | $84.7M | $106.9M |
| Net Income | $30.0M | $30.2M | $27.3M | $9.5M |
| Diluted EPS | $1.97 | $2.01 | $1.79 | $0.50 |
Burke & Herbert Financial Services Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Loans (Net) | $2.06B | $5.60B | $5.32B |
| Total Assets | $3.62B | $7.81B | $7.92B |
| Deposits | $3.00B | $6.52B | $6.40B |
| Total Long-Term Debt | — | $111.9M | $87.5M |
| Total Liabilities | $3.30B | $7.08B | $7.07B |
| Shareholders' Equity | $314.8M | $730.2M | $854.6M |
Burke & Herbert Financial Services Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | $42.5M | $85.8M | $107.9M |
| Cash From Investing | -$43.2M | $123.6M | $136.7M |
| Cash From Financing | -$5.1M | -$118.5M | -$90.8M |
| Free Cash Flow | $28.3M | $81.2M | $96.2M |
| Dividends Paid | $15.7M | $28.6M | $33.9M |
Figures from Burke & Herbert Financial Services' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Burke & Herbert Financial Services financials page for every line item.
Burke & Herbert Financial Services Company Profile
| Ticker | BHRB |
|---|---|
| Exchange | Nasdaq |
| Industry | National Commercial Banks |
| Headquarters | Alexandria, Virginia |
| Incorporated in | Virginia |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001964333 |
Frequently Asked Questions
What was Burke & Herbert Financial Services' revenue in fiscal 2025?
Burke & Herbert Financial Services (BHRB) reported revenue of $342.0M for fiscal 2025.
What is Burke & Herbert Financial Services' annual revenue history?
Burke & Herbert Financial Services' annual revenue by fiscal year: 2023: $111.7M; 2024: $262.0M; 2025: $342.0M.
What was Burke & Herbert Financial Services' net income in fiscal 2025?
Burke & Herbert Financial Services reported net income of $117.3M for fiscal 2025.
What was Burke & Herbert Financial Services' earnings per share (EPS) in fiscal 2025?
Burke & Herbert Financial Services' diluted EPS was $7.72 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Burke & Herbert Financial Services generate in fiscal 2025?
Burke & Herbert Financial Services generated $96.2M of free cash flow in fiscal 2025.
What was Burke & Herbert Financial Services' revenue last quarter?
In its most recent reported quarter (2026 Q2), Burke & Herbert Financial Services reported revenue of $106.9M.
How much debt does Burke & Herbert Financial Services have?
Burke & Herbert Financial Services reported $87.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Burke & Herbert Financial Services are outstanding?
Burke & Herbert Financial Services reported a weighted average of 18.4 million basic shares outstanding in 2026 Q2.
What is Burke & Herbert Financial Services' market cap?
Based on its latest closing price, Burke & Herbert Financial Services (BHRB) has a market capitalization of about $1.28B.
When does Burke & Herbert Financial Services' fiscal year end?
Burke & Herbert Financial Services' fiscal year end, as registered with the SEC, is December 31.
Where is Burke & Herbert Financial Services headquartered?
Burke & Herbert Financial Services lists its business address in Alexandria, Virginia in its SEC filings.