Burke & Herbert Financial Services Corp. (BHRB)

BHRB Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	387.04	311.42	101.8	73.64	73.17	78.26
Interest Income on Investments	59.6	54.74	45.1	38.99	27.65	22.74
Total Interest Income	446.65	366.16	146.9	112.63	100.82	101
Interest Paid on Deposits	128.49	118.66	39.2	3.74	2.75	9.7
Interest Paid on Borrowings	26.46	21.71	13.94	5.2	1.47	1.59
Total Interest Expense	154.95	140.38	53.14	8.94	4.22	11.28
Net Interest Income	291.7	225.79	93.76	103.69	96.6	89.72
Net Interest Income Growth (YoY)	64.45%	140.81%	-9.58%	7.34%	7.68%	0.55%
Trust Income	9.96	8.41	5.35	5.31	5.16	4.45
Gain (Loss) on Sale of Assets	-2.18	-2.18	-0.04	4.53	1.06	-0.01
Gain (Loss) on Sale of Investments	-0.94	-1.17	-2.64	-2.98	-2.72	-0.77
Other Non-Interest Income	35.32	26.4	12.71	12.23	12.09	12.61
Total Non-Interest Income	42.16	31.46	15.39	19.09	15.6	16.28
Non-Interest Income Growth (YoY)	58.29%	104.45%	-19.40%	22.42%	-4.19%	5.49%
Revenues Before Loan Losses	333.86	257.25	109.15	122.79	112.2	106
Provision for Loan Losses	2.22	24.22	0.21	-7.47	-1	12.65
Revenue	331.64	233.03	108.93	130.25	113.2	93.35
Revenue Growth (YoY)	82.85%	113.92%	-16.37%	15.06%	21.27%	-5.15%
Salaries and Employee Benefits	103.06	91.4	46.18	45.14	44.44	40.8
Selling, General & Administrative	37.55	39.52	14.73	14.42	13.29	11.59
Other Non-Interest Expense	33.84	25.71	19.96	18.39	15.03	12.52
Total Non-Interest Expense	179.16	156.63	80.87	77.95	72.76	64.91
EBT Excluding Unusual Items	152.49	76.4	28.06	52.3	40.44	28.44
Pretax Income	127.29	39.9	25.06	52.3	40.44	28.44
Income Tax Expense	20.43	4.19	2.37	8.29	4.28	1.94
Net Income	106.86	35.71	22.69	44.01	36.17	26.5
Preferred Dividends & Other Adjustments	0.9	0.68	-	-	-	-
Net Income to Common	105.96	35.03	22.69	44.01	36.17	26.5
Net Income Growth	409.00%	57.36%	-48.44%	21.70%	36.48%	56.08%
Basic Shares Outstanding	15	12	7	7	7	7
Diluted Shares Outstanding	15	12	8	7	7	7
Shares Change (YoY)	42.14%	65.74%	0.52%	0.51%	-0.33%	-0.56%
EPS (Basic)	7.07	2.83	3.05	5.93	4.87	3.56
EPS (Diluted)	7.05	2.82	3.02	5.89	4.87	3.55
EPS Growth	264.64%	-6.62%	-48.73%	20.95%	37.18%	56.73%
Dividend Per Share	2.220	2.160	2.120	2.120	2.030	2.000
Dividend Growth	4.72%	1.89%	-	4.43%	1.50%	-
Effective Tax Rate	16.05%	10.50%	9.45%	15.84%	10.58%	6.82%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q