Burke & Herbert Financial Services Corp. Announces Third Quarter 2026 Results and Declares Common Stock Dividend
Globe Newswire•22/10/2026•16:05 ET
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Key Highlights
- ➤Adjusted diluted EPS $2.14; net income applicable to common shares reached $36.2 million
- ➤Board declared regular cash dividend of $0.55 per share, payable December 1
- ➤Gross loans $8.1 billion, up $62.2 million quarter-over-quarter
- ➤Net interest margin rose to 4.21% from 4.15% in Q2 2026
- ➤Completed $100 million subordinated debt offering, strengthening capital flexibility
Expert Statements
David P. Boyle, Company Chair and Chief Executive Officer of Burke & Herbert Financial Services Corp.
“Our third quarter results reflect disciplined execution and continued momentum across the Company. Core earnings were strong, asset quality remains consistent with our moderate risk profile, and we once again delivered top-quartile returns compared to our peers. We also completed a $100 million subordinated debt offering, further strengthening our capital position and providing additional financial flexibility to support profitable growth. Our team continues to execute well, and we remain focused on delivering long-term value for our shareholders, customers, employees, and communities.”
ALEXANDRIA, Va., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Burke & Herbert Financial Services Corp. (the “Company” or “Burke & Herbert”) (Nasdaq: BHRB) reported financial results for the quarter ended September 30, 2026. In addition, at its meeting on October 22, 2026, the board of directors declared a $0.55 per share regular cash dividend to be paid on December 1, 2026, to shareholders of record as of the close of business on November 13, 2026.
From David P. Boyle, Company Chair and Chief Executive Officer
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