Complete financial analysis of Burke & Herbert Bank & Trust Company (BHRB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Burke & Herbert Bank & Trust Company, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- Sky Harbour Group Corporation (SKYH-WT) Income Statement Analysis – Financial Results
- China Liaoning Dingxu Ecological Agriculture Development, Inc. (CLAD) Income Statement Analysis – Financial Results
- Jiangsu ChengXing Phosph-Chemicals Co., Ltd. (600078.SS) Income Statement Analysis – Financial Results
- SEI Investments Company (SEIC) Income Statement Analysis – Financial Results
- Wakou Shokuhin Co., Ltd. (2813.T) Income Statement Analysis – Financial Results
Burke & Herbert Bank & Trust Company (BHRB)
About Burke & Herbert Bank & Trust Company
Burke & 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 110.94M | 120.78M | 113.85M | 108.81M | 107.46M | 129.90M | 122.76M | 113.36M | 108.72M | 58.42M | 60.36M | 55.14M | 53.58M | 50.73M |
| Cost of Revenue | -53.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 108.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 164.85M | 120.78M | 113.85M | 108.81M | 107.46M | 129.90M | 122.76M | 113.36M | 0.00 | 58.42M | 60.36M | 55.14M | 53.58M | 50.73M |
| Gross Profit Ratio | 148.60% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 52.52M | 49.08M | 45.81M | 42.09M | 54.24M | 0.00 | 0.00 | 0.00 | 0.00 | 17.86M | 17.69M | 15.59M | 14.40M | 13.30M |
| Selling & Marketing | 672.00K | 1.30M | 1.09M | 509.00K | 969.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 53.20M | 50.37M | 46.90M | 42.60M | 55.21M | 0.00 | 0.00 | 0.00 | 40.44M | 17.86M | 17.69M | 15.59M | 14.40M | 13.30M |
| Other Expenses | 57.74M | -118.85M | -120.31M | -122.97M | -145.94M | -23.58M | -22.42M | -21.84M | -20.22M | -46.88M | -44.98M | -39.99M | -36.91M | -34.34M |
| Operating Expenses | 110.94M | -68.48M | -73.41M | -80.37M | -90.74M | 23.58M | 22.42M | 21.84M | 20.22M | -29.02M | -27.29M | -24.40M | -22.51M | -21.04M |
| Cost & Expenses | 110.94M | -68.48M | -73.41M | -80.37M | -90.74M | 92.30M | 87.73M | 81.82M | 71.08M | -29.02M | -27.29M | -24.40M | -22.51M | -21.04M |
| Interest Income | 146.90M | 112.63M | 100.82M | 101.54M | 110.69M | 0.00 | 0.00 | 0.00 | 0.00 | 80.65M | 66.07M | 56.54M | 56.39M | 58.44M |
| Interest Expense | 53.14M | 8.94M | 4.22M | 11.28M | 21.46M | 6.86M | 4.61M | 1.05M | 558.00K | 28.99M | 12.67M | 7.65M | 8.97M | 12.90M |
| Depreciation & Amortization | 2.87M | 3.26M | 3.21M | 2.94M | 3.04M | 161.14K | 52.52K | 22.82K | 0.00 | 0.00 | 3.42M | 2.59M | 1.57M | 1.66M |
| EBITDA | 27.93M | 55.35M | 43.65M | 31.38M | 19.76M | 37.59M | 35.03M | 31.54M | 37.63M | 29.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 25.18% | 45.83% | 38.34% | 28.84% | 18.39% | 0.12% | 0.04% | 0.02% | 34.62% | 50.33% | 60.45% | 60.44% | 60.92% | 61.79% |
| Operating Income | 27.93M | 52.30M | 40.44M | 28.44M | 16.72M | 106.32M | 100.34M | 91.53M | 37.63M | 29.40M | 33.07M | 30.73M | 31.07M | 29.68M |
| Operating Income Ratio | 25.18% | 43.30% | 35.52% | 26.14% | 15.56% | 81.85% | 81.74% | 80.74% | 34.62% | 50.33% | 54.78% | 55.74% | 57.99% | 58.52% |
| Total Other Income/Expenses | -2.87M | 4.53M | 1.06M | -7.00K | -3.04M | -1.03M | -891.00K | -900.00K | 0.00 | 0.00 | 0.00 | -876.00 | 0.00 | 0.00 |
| Income Before Tax | 25.06M | 52.30M | 40.44M | 28.44M | 16.72M | 36.57M | 34.13M | 30.64M | 37.63M | 29.40M | 33.07M | 30.73M | 31.07M | 29.68M |
| Income Before Tax Ratio | 22.59% | 43.30% | 35.52% | 26.14% | 15.56% | 28.15% | 27.81% | 27.03% | 34.62% | 50.33% | 54.78% | 55.74% | 57.99% | 58.52% |
| Income Tax Expense | 2.37M | 8.29M | 4.28M | 1.94M | -255.00K | 2.18M | 6.33M | 3.45M | 6.76M | 8.83M | 10.91M | 9.94M | 10.55M | 10.05M |
| Net Income | 22.69M | 44.01M | 36.17M | 26.50M | 16.98M | 34.39M | 27.81M | 27.19M | 30.88M | 20.57M | 22.16M | 20.80M | 20.53M | 19.64M |
| Net Income Ratio | 20.46% | 36.44% | 31.76% | 24.35% | 15.80% | 26.47% | 22.65% | 23.99% | 28.40% | 35.21% | 36.71% | 37.72% | 38.31% | 38.71% |
| EPS | 3.05 | 5.93 | 4.87 | 3.56 | 2.27 | 4.54 | 3.64 | 3.55 | 4.02 | 2.62 | 2.82 | 2.64 | 2.60 | 2.47 |
| EPS Diluted | 3.02 | 5.89 | 4.87 | 3.55 | 2.26 | 4.54 | 3.64 | 3.55 | 4.02 | 2.62 | 2.82 | 2.64 | 2.60 | 2.47 |
| Weighted Avg Shares Out | 7.43M | 7.43M | 7.42M | 7.45M | 7.49M | 7.57M | 7.63M | 7.66M | 7.68M | 7.86M | 7.86M | 7.87M | 7.90M | 7.93M |
| Weighted Avg Shares Out (Dil) | 7.51M | 7.47M | 7.43M | 7.45M | 7.50M | 7.57M | 7.63M | 7.66M | 7.68M | 7.86M | 7.86M | 7.87M | 7.90M | 7.93M |
SUMMIT FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Summit Financial Group, Inc. - SMMF
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Summit Financial Group, Inc. (NasdaqGS: SMMF) to Burke & Herbert Financial...
Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Submit Filings Related to Merger Agreement
ALEXANDRIA, Va., Oct. 2, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ: BHRB) and Summit Financial Group, Inc. ("Summit") (Nasdaq: SMMF) today announced the submission of regulatory filings related to the merger agreement between Burke &...
SUMMIT FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Summit Financial Group, Inc. - SMMF
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Summit Financial Group, Inc. (NasdaqGS: SMMF) to Burke & Herbert Financial...
BHRB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Burke & Herbert Financial Services Corp. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) and Summit Financial Group, Inc. is fair to Burke & Herbert shareholders. Under the terms of...
Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. Announce Merger of Equals
ALEXANDRIA, Va. , Aug. 24, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (Nasdaq: BHRB) and Summit Financial Group, Inc. ("Summit") (Nasdaq: SMMF) today announced they have entered into a definitive agreement under which Summit will merge...
Burke & Herbert Financial Services Corp. Announces Second Quarter 2023 Results and Declares Common Stock Dividend
ALEXANDRIA, Va. , July 28, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company") (Nasdaq: BHRB) reported financial results for the quarter ended June 30, 2023.
Top 5 Financial Stocks That May Rocket Higher In Q3 - Beneficient (NASDAQ:BENF), Burke & Herbert Financial (NASDAQ:BHRB)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Burke & Herbert Financial Services Corp. Announces Effectiveness of Registration Statement on Form 10 and Listing on Nasdaq Capital Market®
ALEXANDRIA, Va., April 25, 2023 /PRNewswire/ — Burke & Herbert Financial Services Corp. (the “Company”) (Nasdaq: BHRB), the bank holding company for Burke & Herbert Bank & Trust Company, announced that its Registration Statement on Form 10 has been declared...
Source: https://incomestatements.info
Category: Stock Reports