Janney initiated coverage on Burke & Herbert Financial Services Corp. with a new price target
$BHRB
Major Banks
Finance
Janney initiated coverage of Burke & Herbert Financial Services Corp. with a rating of Buy and set a new price target of $70.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2025 | $70.00 | Buy | Janney |
| 1/27/2025 | $79.00 → $76.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 10/16/2024 | $76.00 | Buy | DA Davidson |
On December 18, 2025, Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) (KBRA senior unsecured rating of BBB / Stable Outlook), the parent company of Burke and Herbert Bank and Trust Company, announced a definitive merger agreement with LINKBANCORP, Inc. (NASDAQ:LNKB), the parent company of LINKBANK, pursuant to which BHRB will acquire LNKB in an all-stock transaction. The transaction, which had an estimated value of approximately $354 million, is expected to close in 2Q26. The proposed transaction would provide BHRB with meaningful scale, pushing the company beyond the $10 billion in asset threshold, with pro forma assets of $11.0 billion, loans of $8.0 billion, and deposits of $9.1
ALEXANDRIA, Va. and CAMP HILL, Pa., Dec. 18, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) and LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), the parent company of LINKBANK, today announced the signing of a definitive merger agreement pursuant to which Burke & Herbert will acquire LINK in an all-stock transaction valued at approximately $354.2 million or $9.38 per share of LINK common stock, based on a closing price for Burke & Herbert's common stock of $69.45 as of December 17, 2025. Highlights of the Transaction:
ALEXANDRIA, Va., Oct. 23, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter year ended September 30, 2025, and disclosed that, at its meeting on October 23, 2025, the board of directors declared a $0.55 per share regular cash dividend to be paid on December 1, 2025, to shareholders of record as of the close of business on November 14, 2025. Q3 2025 Highlights For the quarter, net income applicable to common shares totaled $29.7 million, and diluted earnings per common shar
425 - Burke & Herbert Financial Services Corp. (0001964333) (Filed by)
425 - Burke & Herbert Financial Services Corp. (0001964333) (Filed by)
8-K - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
Janney initiated coverage of Burke & Herbert Financial Services Corp. with a rating of Buy and set a new price target of $70.00
Keefe Bruyette upgraded Burke & Herbert Financial Services Corp. from Mkt Perform to Outperform and set a new price target of $76.00 from $79.00 previously
DA Davidson initiated coverage of Burke & Herbert Financial Services Corp. with a rating of Buy and set a new price target of $76.00
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
ALEXANDRIA, Va., April 21, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) announced the appointment of Patrick "Kip" Huffman, CPA, as Senior Vice President and Chief Accounting Officer. Huffman brings nearly 20 years of accounting and finance experience to his role. He most recently served as Senior Vice President and Chief Accounting Officer for a community bank based in the Mid-Atlantic region. He will be responsible for overseeing all aspects of the Company's accounting function including policy, financial and regulatory reporting, and risk control execution.
ALEXANDRIA, Va., March 6, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) announced the appointment of Robert V. "Cedar" Hintelmann, Jr., as Executive Vice President and Chief Credit Officer, effective March 17, 2025. Hintelmann brings more than 25 years of credit experience in the financial services industry to his role. He most recently served as Executive Vice President and Deputy Credit Officer for a super-regional bank based in the Mid-Atlantic region. He will be responsible for overseeing credit policy and managing credit risk for the Company's loan portfolio.
ALEXANDRIA, Va. and CAMP HILL, Pa., Dec. 18, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) and LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), the parent company of LINKBANK, today announced the signing of a definitive merger agreement pursuant to which Burke & Herbert will acquire LINK in an all-stock transaction valued at approximately $354.2 million or $9.38 per share of LINK common stock, based on a closing price for Burke & Herbert's common stock of $69.45 as of December 17, 2025. Highlights of the Transaction:
ALEXANDRIA, Va., Oct. 23, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter year ended September 30, 2025, and disclosed that, at its meeting on October 23, 2025, the board of directors declared a $0.55 per share regular cash dividend to be paid on December 1, 2025, to shareholders of record as of the close of business on November 14, 2025. Q3 2025 Highlights For the quarter, net income applicable to common shares totaled $29.7 million, and diluted earnings per common shar
ALEXANDRIA, Va., July 24, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter year ended June 30, 2025, and disclosed that, at its meeting on July 24, 2025, the board of directors declared a $0.55 per share regular cash dividend to be paid on September 2, 2025, to shareholders of record as of the close of business on August 15, 2025. Q2 2025 Highlights For the quarter, net income applicable to common shares totaled $29.7 million, and diluted earnings per common share ("EPS")