Burke & Herbert Financial Services Corp. Announces Third Quarter 2025 Results and Declares Common Stock Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2025
0mins
Should l Buy BHRB?
Source: PRnewswire
Financial Performance: Burke & Herbert Financial Services Corp. reported a net income of $29.7 million for Q3 2025, maintaining a diluted earnings per share of $1.97, with a return on average assets of 1.50% and a return on average equity of 14.88%.
Dividend Declaration: The board of directors declared a regular cash dividend of $0.55 per share, set to be paid on December 1, 2025, to shareholders of record by November 14, 2025.
Loan and Deposit Trends: Total gross loans decreased to $5.6 billion, while total deposits increased to $6.4 billion, resulting in a loan-to-deposit ratio of 86.7%. The company also reported strong loan originations and an increase in core deposits.
Capital Ratios and Asset Quality: The company remains well-capitalized with a Common Equity Tier 1 capital ratio of 12.7% and a total risk-based capital ratio of 15.4%, alongside adequate reserve coverage for asset quality metrics.
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Analyst Views on BHRB
Wall Street analysts forecast BHRB stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 68.500
Low
74.00
Averages
74.00
High
74.00
Current: 68.500
Low
74.00
Averages
74.00
High
74.00
About BHRB
Burke & Herbert Financial Services Corp. is a financial holding company for Burke & Herbert Bank & Trust Company (the Bank). The Bank offers a full range of business and personal financial solutions designed to meet customers' banking, borrowing, and investment needs. The Bank has over 77 branches across Delaware, Kentucky, Maryland, Virginia, and West Virginia. The Bank’s primary source of funding is deposits, both interest-bearing and non-interest-bearing. The Bank provides a range of commercial lending services, including commercial real estate loans, acquisition, construction & development, commercial and industrial loans, and residential real estate loans to customers generally located or conducting business in its market area. It also provides traditional banking and wealth management services. The Bank offers digital banking, mobile banking, and a remote deposit service, which allows customers to facilitate and expedite deposit transactions through the use of electronic devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investor Rights Law Firm Investigates Mergers and Acquisitions
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- Shareholder Rights Protection: The law firm encourages shareholders of NorthWestern, Laird Superfood, and Burke & Herbert to reach out to discuss their rights and options, ensuring they are not overlooked during the merger process and safeguarding their legal interests.
- Merger Impact Analysis: The merger between Burke & Herbert and LINKBANCORP is expected to result in Burke & Herbert shareholders owning about 75% of the combined company, which could influence shareholder voting rights and future profit distribution.
- Legal Fee Arrangement: Halper Sadeh LLC offers legal services on a contingency fee basis, meaning shareholders do not have to incur upfront legal costs when dealing with merger matters, thereby reducing financial risk for shareholders.
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- Merger Impact Analysis: Burke & Herbert Financial Services Corp.'s merger with LINKBANCORP is expected to result in Burke shareholders owning about 75% of the combined company, with the shareholder vote scheduled for March 25, 2026, reflecting a positive impact of the transaction on shareholder value.
- LINKBANCORP Transaction Details: LINKBANCORP shareholders will receive 0.1350 shares of Burke & Herbert common stock for each share of LINKBANCORP, with the shareholder vote also scheduled for March 25, 2026, indicating a clear value proposition for shareholders involved in the deal.
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- LINKBANCORP Transaction Review: The sale of LINKBANCORP, Inc. (NASDAQ:LNKB) to Burke & Herbert Financial Services Corp. involves an exchange of 0.1350 shares of Burke & Herbert common stock for each LINKBANCORP share, with Halper Sadeh LLC potentially seeking increased consideration for shareholders.
- Merger Impact Analysis: The merger between Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) and LINKBANCORP is expected to result in Burke & Herbert shareholders owning approximately 75% of the combined entity, with Halper Sadeh LLC encouraging shareholders to understand their legal rights and options.
- No-Risk Legal Consultation: Halper Sadeh LLC offers legal consultations without upfront fees, aiming to provide affected shareholders with additional disclosures and relief, ensuring their rights are fully protected in the transaction.
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Burke & Herbert Financial Services Acquires LINKBANCORP in $354M All-Stock Deal
- Earnings Highlights: Burke & Herbert Financial Services reported a Q4 GAAP EPS of $1.98 and revenue of $86.55 million, indicating stability in revenue growth despite challenges posed by deteriorating loan quality.
- Loan Quality Concerns: The company faces risks related to declining loan quality, which could impact future financial performance, particularly during the integration period post-acquisition, leading to increased uncertainty.
- Acquisition Deal: Burke & Herbert announced the acquisition of LINKBANCORP in an all-stock deal valued at $354 million, aimed at expanding market share and enhancing competitiveness, although market reactions have been cautious.
- Market Reaction: While the acquisition may offer long-term growth potential, short-term uncertainties and loan quality issues could exert pressure on the stock price, prompting investors to closely monitor subsequent developments.
See More
Burke & Herbert to Acquire LINKBANCORP for $354 Million in All-Stock Deal
- Merger Agreement: Burke & Herbert Financial Services Corp. announced a definitive merger agreement with LINKBANCORP valued at approximately $354 million, expected to close in Q2 2026, significantly enhancing the company's scale by surpassing the $10 billion asset threshold.
- Market Expansion: The acquisition will allow BHRB to enter parts of central and eastern Pennsylvania while deepening its presence in Maryland and Delaware, thereby enhancing its deposit franchise and competitive positioning in these markets.
- Loan and Deposit Metrics: Post-merger, BHRB will have total loans of $8 billion and deposits of $9.1 billion, with a loan-to-deposit ratio of 88%, and expected deposit costs tracking below peer averages, further solidifying its financial stability.
- Capital Management: Although BHRB's CET1 ratio will decrease to 11.4% post-merger, the company's historical prudent capital management suggests it will maintain robust capital levels, reflecting a strong strategy following its recent merger with Summit Financial Group in Q2 2024.
See More
Burke & Herbert Acquires LINKBANCORP for $354.2 Million in All-Stock Deal
- Transaction Scale: Burke & Herbert signs a merger agreement with LINKBANCORP valued at approximately $354.2 million, translating to $9.38 per share, indicating a strategic move to expand market share.
- Shareholder Structure: Post-merger, existing Burke & Herbert shareholders are expected to own about 75% of the combined company, while LINK shareholders will hold approximately 25%, enhancing Burke & Herbert's influence in the Mid-Atlantic market.
- Management Integration: Two LINK board members will join Burke & Herbert's board, and LINK executives will integrate into Burke & Herbert's management team, which is expected to enhance leadership and market adaptability.
- Future Outlook: The transaction is anticipated to close in Q2 2026, strengthening Burke & Herbert's position in community banking and further driving business growth in Pennsylvania and surrounding areas.
See More
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- Merger Investigation: Halper Sadeh LLC is investigating the merger between NorthWestern Energy Group and Black Hills Corp., which involves exchanging 0.98 shares of Black Hills for each share of NorthWestern, resulting in NorthWestern shareholders owning approximately 44% of the combined entity, potentially impacting shareholder rights.
- Shareholder Rights Protection: The law firm encourages shareholders of NorthWestern, Laird Superfood, and Burke & Herbert to reach out to discuss their rights and options, ensuring they are not overlooked during the merger process and safeguarding their legal interests.
- Merger Impact Analysis: The merger between Burke & Herbert and LINKBANCORP is expected to result in Burke & Herbert shareholders owning about 75% of the combined company, which could influence shareholder voting rights and future profit distribution.
- Legal Fee Arrangement: Halper Sadeh LLC offers legal services on a contingency fee basis, meaning shareholders do not have to incur upfront legal costs when dealing with merger matters, thereby reducing financial risk for shareholders.
See More
Monteverde Law Firm Investigates Multiple Mergers
- Shareholder Voting Schedule: The shareholder vote for NorthWestern Energy Group's merger with Black Hills Corp. is set for April 2, 2026, where shareholders will receive 0.98 shares of Black Hills for each share of NorthWestern, indicating potential value for shareholders post-merger with approximately 44% ownership in the combined entity.
- Merger Impact Analysis: Burke & Herbert Financial Services Corp.'s merger with LINKBANCORP is expected to result in Burke shareholders owning about 75% of the combined company, with the shareholder vote scheduled for March 25, 2026, reflecting a positive impact of the transaction on shareholder value.
- LINKBANCORP Transaction Details: LINKBANCORP shareholders will receive 0.1350 shares of Burke & Herbert common stock for each share of LINKBANCORP, with the shareholder vote also scheduled for March 25, 2026, indicating a clear value proposition for shareholders involved in the deal.
- Laird Superfoods Merger Review: The merger between Laird Superfoods and Navitas LLC is deemed fair to Laird shareholders, with a shareholder vote set for March 11, 2026, highlighting the significance of this merger for the company's future growth trajectory.
See More
Halper Sadeh LLC Investigates SkyWater and LINKBANCORP Transactions
- Legal Investigation Launched: Halper Sadeh LLC is investigating SkyWater Technology, Inc. (NASDAQ:SKYT) for its sale to IonQ, involving $15.00 in cash and $20.00 in IonQ common stock, potentially violating fiduciary duties to shareholders, urging them to contact the firm to enforce their rights.
- LINKBANCORP Transaction Review: The sale of LINKBANCORP, Inc. (NASDAQ:LNKB) to Burke & Herbert Financial Services Corp. involves an exchange of 0.1350 shares of Burke & Herbert common stock for each LINKBANCORP share, with Halper Sadeh LLC potentially seeking increased consideration for shareholders.
- Merger Impact Analysis: The merger between Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) and LINKBANCORP is expected to result in Burke & Herbert shareholders owning approximately 75% of the combined entity, with Halper Sadeh LLC encouraging shareholders to understand their legal rights and options.
- No-Risk Legal Consultation: Halper Sadeh LLC offers legal consultations without upfront fees, aiming to provide affected shareholders with additional disclosures and relief, ensuring their rights are fully protected in the transaction.
See More
Burke & Herbert Financial Services Acquires LINKBANCORP in $354M All-Stock Deal
- Earnings Highlights: Burke & Herbert Financial Services reported a Q4 GAAP EPS of $1.98 and revenue of $86.55 million, indicating stability in revenue growth despite challenges posed by deteriorating loan quality.
- Loan Quality Concerns: The company faces risks related to declining loan quality, which could impact future financial performance, particularly during the integration period post-acquisition, leading to increased uncertainty.
- Acquisition Deal: Burke & Herbert announced the acquisition of LINKBANCORP in an all-stock deal valued at $354 million, aimed at expanding market share and enhancing competitiveness, although market reactions have been cautious.
- Market Reaction: While the acquisition may offer long-term growth potential, short-term uncertainties and loan quality issues could exert pressure on the stock price, prompting investors to closely monitor subsequent developments.
See More
Burke & Herbert to Acquire LINKBANCORP for $354 Million in All-Stock Deal
- Merger Agreement: Burke & Herbert Financial Services Corp. announced a definitive merger agreement with LINKBANCORP valued at approximately $354 million, expected to close in Q2 2026, significantly enhancing the company's scale by surpassing the $10 billion asset threshold.
- Market Expansion: The acquisition will allow BHRB to enter parts of central and eastern Pennsylvania while deepening its presence in Maryland and Delaware, thereby enhancing its deposit franchise and competitive positioning in these markets.
- Loan and Deposit Metrics: Post-merger, BHRB will have total loans of $8 billion and deposits of $9.1 billion, with a loan-to-deposit ratio of 88%, and expected deposit costs tracking below peer averages, further solidifying its financial stability.
- Capital Management: Although BHRB's CET1 ratio will decrease to 11.4% post-merger, the company's historical prudent capital management suggests it will maintain robust capital levels, reflecting a strong strategy following its recent merger with Summit Financial Group in Q2 2024.
See More
Burke & Herbert Acquires LINKBANCORP for $354.2 Million in All-Stock Deal
- Transaction Scale: Burke & Herbert signs a merger agreement with LINKBANCORP valued at approximately $354.2 million, translating to $9.38 per share, indicating a strategic move to expand market share.
- Shareholder Structure: Post-merger, existing Burke & Herbert shareholders are expected to own about 75% of the combined company, while LINK shareholders will hold approximately 25%, enhancing Burke & Herbert's influence in the Mid-Atlantic market.
- Management Integration: Two LINK board members will join Burke & Herbert's board, and LINK executives will integrate into Burke & Herbert's management team, which is expected to enhance leadership and market adaptability.
- Future Outlook: The transaction is anticipated to close in Q2 2026, strengthening Burke & Herbert's position in community banking and further driving business growth in Pennsylvania and surrounding areas.
See More
