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Burke & Herbert Financial Services Corp.
Burke & Herbert Financial Services Corp. has determined to hold advisory votes on executive compensation every three years, following the 2026 Annual Meeting of Shareholders. Although shareholders expressed a preference for an annual frequency, the Board of Directors decided to maintain a three-year cycle to align with the company's long-term value creation and executive compensation program structure.…more
Burke & Herbert Financial Services Corp.
Burke & Herbert Financial Services reported a net income of $36.2 million, or $1.78 per diluted share, for the third quarter of 2026, reflecting improved performance compared to the previous quarter. Additionally, the company declared a regular quarterly cash dividend of $0.55 per share, payable on December 1, 2026.…more
Burke & Herbert Financial Services Corp.
Burke & Herbert Financial Services Corp. has completed a $100 million public offering of 7.00% fixed-to-floating rate subordinated notes due 2036. The company intends to use the net proceeds to repay existing subordinated debt, potentially redeem outstanding preferred stock, and support the growth of its subsidiary, Burke & Herbert Bank & Trust Company.…more
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Burke & Herbert Reports Q3 2026 Results and Declares Dividend
Burke & Herbert Financial Services reported a net income of $36.2 million for the third quarter, reflecting strong core earnings. The company also declared a regular cash dividend of $0.55 per share.…more
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Burke & Herbert Bank is hosting a national video contest for teens to promote wise money management and financial literacy. This initiative is a community outreach program and does not have a material impact on the company's financial performance.…more
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Burke & Herbert Financial Services has priced a $100 million offering of subordinated notes to repay existing debt and support general corporate purposes. The offering is intended to qualify as Tier 2 regulatory capital for the company.…more
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