| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2024 | $76.00 | Buy | DA Davidson |
DA Davidson initiated coverage of Burke & Herbert Financial Services Corp. with a rating of Buy and set a new price target of $76.00
S-3 - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
8-K - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
10-Q - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
8-K - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
10-Q - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
8-K - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
8-K - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
8-K/A - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
8-K/A - Burke & Herbert Financial Services Corp. (0001964333) (Filer)
ARS - 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)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
4 - Burke & Herbert Financial Services Corp. (0001964333) (Issuer)
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., Oct. 25, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended September 30, 2024. In addition, at its meeting on October 24, 2024, the board of directors declared a $0.55 per share regular cash dividend to be paid on December 2, 2024, to shareholders of record as of the close of business on November 15, 2024, representing a 3.8% increase from the prior quarter dividend. Q3 2024 Highlights Financial results reflect a full quarter following the May 3, 202
ALEXANDRIA, Va., July 26, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended June 30, 2024. In addition, at its meeting on July 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on September 3, 2024, to shareholders of record as of the close of business on August 15, 2024. Q2 2024 Highlights On May 3, 2024, the Company announced the completion of the merger of Summit Financial Group, Inc. ("Summit") with and into Burke & Herb
ALEXANDRIA, Va., April 26, 2024 /PRNewswire/ --Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended March 31, 2024. In addition, at its meeting on April 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on June 3, 2024, to shareholders of record as of the close of business on May 15, 2024. Net income totaled $5.2 million for the quarter, compared to $5.1 million the previous quarter and $7.5 million for the same quarter in 2023. Diluted earnings pe
ALEXANDRIA, Va., Jan. 26, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended and year ended December 31, 2023. In addition, at its meeting on January 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on March 1, 2024, to shareholders of record as of the close of business on February 15, 2024. Net income totaled $5.1 million for the quarter compared to $4.1 million the previous quarter and $13.4 million for the same quarter in 2022. Diluted earnings per share for the quarter was $0.67, compared to $0.55 the
ALEXANDRIA, Va., April 28, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company") (NASDAQ:BHRB) reported financial results for the quarter ended March 31, 2023. In addition, at its meeting on April 27, 2023, the board of directors declared a $0.53 per share regular cash dividend to be paid on June 1, 2023, to shareholders of record as of the close of business May 15, 2023. The Company notes the following first quarter highlights: Balance sheet remains strong with ample liquidity and capital ratios significantly higher than regulatory defined well-capital
ALEXANDRIA, Va., Oct. 25, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended September 30, 2024. In addition, at its meeting on October 24, 2024, the board of directors declared a $0.55 per share regular cash dividend to be paid on December 2, 2024, to shareholders of record as of the close of business on November 15, 2024, representing a 3.8% increase from the prior quarter dividend. Q3 2024 Highlights Financial results reflect a full quarter following the May 3, 202
KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Burke & Herbert Financial Services Corp. (NASDAQ:BHRB)("the company"). Additionally, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 for its subsidiary, Burke and Herbert Bank and Trust Company. The Outlook for all long-term ratings is Stable. The ratings are supported by the company's strong funding profile which includes a limited reliance on wholesale borrowings (core deposits were 85% of total funding at 2Q24) and below-average costs (BHRB's total cost of funds was
ALEXANDRIA, Va., July 26, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended June 30, 2024. In addition, at its meeting on July 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on September 3, 2024, to shareholders of record as of the close of business on August 15, 2024. Q2 2024 Highlights On May 3, 2024, the Company announced the completion of the merger of Summit Financial Group, Inc. ("Summit") with and into Burke & Herb
ALEXANDRIA, Va. and MOOREFIELD, W.Va., May 3, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) today announced the completion of the merger of Summit Financial Group, Inc. ("Summit") with and into Burke & Herbert and the merger of Summit Community Bank, Inc., with and into Burke & Herbert Bank & Trust Company, effective May 3, 2024. From David P. Boyle, Chair and Chief Executive Officer "The consummation of this partnership brings together two organizations committed to being the quintessential community bank in our markets, where
ALEXANDRIA, Va., April 26, 2024 /PRNewswire/ --Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended March 31, 2024. In addition, at its meeting on April 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on June 3, 2024, to shareholders of record as of the close of business on May 15, 2024. Net income totaled $5.2 million for the quarter, compared to $5.1 million the previous quarter and $7.5 million for the same quarter in 2023. Diluted earnings pe
Burke & Herbert Annual Shareholder Meeting Date Established ALEXANDRIA, Va. and MOOREFIELD, W.Va., April 19, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced receipt of all required regulatory approvals or waivers necessary to complete the previously announced merger of equals pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The merger is expected to close on May 3, 2024, pending satisfaction of customary closing conditions.
ALEXANDRIA, Va., Jan. 26, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (NASDAQ:BHRB) reported financial results for the quarter ended and year ended December 31, 2023. In addition, at its meeting on January 25, 2024, the board of directors declared a $0.53 per share regular cash dividend to be paid on March 1, 2024, to shareholders of record as of the close of business on February 15, 2024. Net income totaled $5.1 million for the quarter compared to $4.1 million the previous quarter and $13.4 million for the same quarter in 2022. Diluted earnings per share for the quarter was $0.67, compared to $0.55 the
ALEXANDRIA, Va. and MOOREFIELD, W.Va., Dec. 6, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced that at special meetings of their respective shareholders held on December 6, 2023, Burke & Herbert and Summit shareholders approved the merger of Summit with and into Burke & Herbert, with Burke & Herbert as the surviving corporation pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions.
Capital Youth Empowerment Program (CYEP) Selected to Receive $100 for Each Goal Scored by the Washington Capitals ALEXANDRIA, Va., Oct. 13, 2023 /PRNewswire/ -- Burke & Herbert Bank will donate $100 to the Capital Youth Empowerment Program (CYEP) for each goal scored by the Washington Capitals during the 2023-2024 National Hockey League (NHL) regular season. This campaign is in partnership with Monumental Sports, broadcasters of the hometown Capitals. "We are proud of the partnership we've built with Monumental Sports over the past nine years to help bring awareness and suppor
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 & Herbert and Summit, entered into and announced on August 24, 2023. The filings include those to certain state and Federal agencies as well as the Securities and Exchange Commission. The merger is expected to close in the first quarter of 2024, subject to satisfaction of customary closing conditions,
Burke & Herbert Financial (NASDAQ:BHRB) reported quarterly earnings of $0.69 per share. This is a 31 percent decrease over earnings of $1.00 per share from the same period last year. The company reported $26.39 million in sales this quarter. This is a 8.98 percent decrease over sales of $28.99 million the same period last year.
Burke & Herbert Annual Shareholder Meeting Date EstablishedALEXANDRIA, Va. and MOOREFIELD, W.Va., April 19, 2024 /PRNewswire/ -- Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced receipt of all required regulatory approvals or waivers necessary to complete the previously announced merger of equals pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The merger is expected to close on May 3, 2024, pending satisfaction of customary closing conditions.In addition, the Burke & Herbert board of directors has established July 15
Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Blackstone The Trade: Blackstone Inc. (NYSE:BX) Director Reginald J Brown acquired a total of 2,400 shares an average price
Burke & Herbert Financial Services Corp. ("Burke & Herbert") (NASDAQ:BHRB) and Summit Financial Group, Inc. ("Summit") (NASDAQ:SMMF) today announced that at special meetings of their respective shareholders held on December 6, 2023, Burke & Herbert and Summit shareholders approved the merger of Summit with and into Burke & Herbert, with Burke & Herbert as the surviving corporation pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions.
On Wednesday, 311 stocks hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: Bristol-Myers Squibb Company Common Stock (NYSE:BMY) is the largest company in terms of market cap to set a new 52-week low this morning. SenesTech, Inc. - Common Stock (NASDAQ:SNES) was the smallest company by market cap to set a new 52-week low. A10 Networks, Inc. Common Stock (NYSE:ATEN) saw the most pronounced move, as shares traded down 28.81% to hit its new 52-week low. Bank Of Montreal Common Stock (NYSE:BMO) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. Stocks dropping to new 52-week lows on Wednesday: Bris
On Tuesday, 647 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company on a market cap basis to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company by market cap to set a new 52-week low. Stryve Foods (NASDAQ:SNAX) shares dropped the most, trading down 27.96% to reach its new 52-week low. Royal Bank of Canada (NYSE:RY) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Tuesday: Bank of America (NYSE:BAC) shares set a new yearly low of $26.16 this morning. The stock was down 0.75% on
On Monday, 369 companies set new 52-week lows. Intriguing Points From Today's 52-Week Lows: Danaher (NYSE:DHR) was the biggest company by market cap to set a new 52-week low. The smallest company in terms of market cap to set a new 52-week low was Ascent Solar Technologies (NASDAQ:ASTI). EBET (NASDAQ:EBET) saw the largest move of the companies, as shares plummetted 2955.38% to hit a new 52-week low. Fiserv (NYSE:FI) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Here are all the stocks that set new 52-week lows as of 10am on Monday: Danaher (NYSE:DHR) stock set a new 52-week low of $210.14 on M
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 & Herbert and Summit, entered into and announced on August 24, 2023. The filings include those to certain state and Federal agencies as well as the Securities and Exchange Commission. The merger is expected to close in the first quarter of 2024, subject to satisfaction of customary closing conditions, including regulatory approvals and shareholder approval from Burke & Herbert and Summit shareholders.