Burke & Herbert Financial Services (NASDAQ:BHRB) Releases Earnings Results, Beats Expectations By $0.09 EPS

Posted by Francis Steltz on Oct 23rd, 2026

Burke & Herbert Financial Services (NASDAQ:BHRB – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.09, FiscalAI reports. The business had revenue of $119.74 million for the quarter, compared to analyst estimates of $121.32 million. Burke & Herbert Financial Services had a return on equity of 13.66% and a net margin of 18.86%.

Burke & Herbert Financial Services Price Performance

Burke & Herbert Financial Services stock opened at $71.73 on Friday. The stock has a market cap of $1.45 billion, a P/E ratio of 8.85 and a beta of 0.58. The company has a fifty day simple moving average of $70.52 and a 200-day simple moving average of $68.40. Burke & Herbert Financial Services has a 12-month low of $58.01 and a 12-month high of $75.08. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.13.

Burke & Herbert Financial Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, November 13th. Burke & Herbert Financial Services’s dividend payout ratio (DPR) is presently 35.26%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Weiss Ratings raised Burke & Herbert Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. DA Davidson set a $75.00 price target on Burke & Herbert Financial Services in a research report on Monday, July 27th. Wall Street Zen upgraded Burke & Herbert Financial Services from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. Finally, Keefe, Bruyette & Woods lifted their price objective on Burke & Herbert Financial Services from $80.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $76.67.

View Our Latest Analysis on BHRB

Insider Activity

In other news, Director Georgette R. George sold 1,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $73.67, for a total transaction of $73,670.00. Following the completion of the transaction, the director directly owned 38,321 shares of the company’s stock, valued at approximately $2,823,108.07. This represents a 2.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James Mason Burke sold 1,500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $73.03, for a total value of $109,545.00. Following the transaction, the director directly owned 258,480 shares of the company’s stock, valued at approximately $18,876,794.40. This represents a 0.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have bought 1,369 shares of company stock worth $100,747 and have sold 5,650 shares worth $416,094. Corporate insiders own 11.99% of the company’s stock.

About Burke & Herbert Financial Services

(Get Free Report)

Burke & Herbert Financial Services Corp. is the bank holding company for Burke & Herbert Bank & Trust Company, a community bank headquartered in Alexandria, Virginia. The bank traces its history to 1852 and serves consumers, businesses, nonprofit organizations and government-related entities in the Washington, DC, metropolitan region.

Burke & Herbert Bank provides traditional banking services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate financing and business loans.