The bank maintains a stable equity-to-assets ratio of 0.11, though the concentration of $7.2 billion in investment securities relative to $7.9 billion in total assets warrants caution regarding interest rate sensitivity.
| Cash & Short Term Investments | 4.22B | 1.67B | 467.69M | 550.44M | 1.42B | 1.68B | 1.39B | 777.5M | 26.52M | 25.51M | 27.74M | 28.13M |
| Cash & Due from Banks | 69.59M | 53.5M | 135.31M | 44.5M | 50.3M | 77.36M | 228.7M | 83.75M | 26.52M | 25.51M | 27.73M | 28.13M |
| Short Term Investments | 0 | 1.62B | 332.37M | 505.94M | 1.37B | 1.61B | 1.16B | 693.75M | 0 | 0 | 0 | 0 |
| Total Investments | 7.21B | 1.62B | 5.94B | 2.57B | 3.24B | 3.32B | 2.97B | 2.55B | 1.35B | 1.19B | 1.09B | 953.26M |
| Investments Growth % | -82.63% | -72.79% | 131.1% | -20.63% | -2.48% | 11.83% | 16.22% | - | 13.55% | 8.97% | 14.41% | - |
| Long-Term Investments | 18.23B | 0 | 5.61B | 2.06B | 1.87B | 1.71B | 1.81B | 1.86B | 1.35B | 1.19B | 1.09B | 959.53M |
| Accounts Receivables | 37.63M | 35.44M | 34.45M | 15.89M | 15.48M | 15.25M | 13.78M | 8.11M | 7.42M | 6.43M | 6.74M | 6.3M |
| Goodwill & Intangibles | 74.32M | 75.9M | 90.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 36.25M | 34.15M | 32.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 38.06M | 41.75M | 57.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 136.81M | 136.81M | 132.27M | 61.13M | 53.17M | 36.88M | 40.49M | 41.19M | 23.23M | 22.04M | 20.43M | 20.52M |
| Other Assets | 397.7M | 0 | 1.48B | 926.17M | 206.01M | 171.96M | 172.81M | 178.17M | 34.34M | 30.46M | 28.73M | 70.16M |
| Total Current Assets | 107.22M | 1.7B | 502.14M | 566.33M | 1.44B | 1.7B | 1.4B | 785.61M | 33.94M | 31.94M | 34.48M | 34.42M |
| Total Non-Current Assets | 7.82B | 212.71M | 7.31B | 3.05B | 2.13B | 1.92B | 2.02B | 2.08B | 1.4B | 1.23B | 1.13B | 1.04B |
| Total Assets | 7.93B | 7.92B | 7.81B | 3.62B | 3.56B | 3.62B | 3.42B | 2.87B | 1.43B | 1.27B | 1.17B | 1.08B |
| Asset Growth % | 5.95% | 1.39% | 115.95% | 1.53% | -1.62% | 5.75% | 19.5% | - | 13.32% | 8.43% | 8.23% | - |
| Return on Assets (ROA) | 1.48% | 1.49% | 0.62% | 0.63% | 1.23% | 1.03% | 0.84% | 0.59% | 1.64% | 1.71% | 1.83% | 1.82% |
| Accounts Payable | 0 | 0 | 0 | 28.95M | 25.95M | 23.7M | 25.46M | 43.4M | 3.78M | 2.92M | 2.61M | 2.32M |
| Total Debt | 613.84M | 537.49M | 476.88M | 544M | 686.2M | 550M | 450M | 150M | 148.91M | 66.61M | 47.62M | 32.2M |
| Net Debt | 544.25M | 483.99M | 341.57M | 499.5M | 635.9M | 472.64M | 221.3M | 66.25M | 122.4M | 41.1M | 19.89M | 4.07M |
| Long-Term Debt | 88.84M | 87.49M | 111.89M | 272M | 343.1M | 275M | 225M | 75M | 0 | 0 | 0 | 0 |
| Short-Term Debt | 525M | 450M | 365M | 272M | 343.1M | 275M | 225M | 75M | 148.91M | 66.61M | 47.62M | 32.2M |
| Other Liabilities | 6.45B | 6.53B | 89.9M | -272M | -343.1M | -275M | -225M | -75M | -3.78M | -2.92M | -2.61M | -2.32M |
| Total Current Liabilities | 525M | 450M | 6.88B | 3.3B | 3.29B | 3.23B | 3.04B | 2.51B | 1.3B | 1.14B | 1.05B | 967.7M |
| Total Non-Current Liabilities | 6.54B | 6.62B | 201.79M | 0 | 0 | 0 | 0 | 0 | -3.78M | -2.92M | -2.61M | -2.32M |
| Total Liabilities | 7.06B | 7.07B | 7.08B | 3.3B | 3.29B | 3.23B | 3.04B | 2.51B | 1.3B | 1.14B | 1.05B | 965.38M |
| Total Equity | 864.5M | 854.65M | 730.16M | 314.75M | 273.45M | 389.63M | 384.88M | 353.53M | 137.74M | 129.26M | 119.24M | 112.98M |
| Equity Growth % | 55.04% | 17.05% | 131.98% | 15.1% | -29.82% | 1.23% | 8.87% | - | 6.56% | 8.41% | 5.54% | - |
| Equity / Assets (Capital Ratio) | 10.9% | 10.79% | 9.35% | 8.7% | 7.68% | 10.76% | 11.24% | 12.34% | 9.6% | 10.21% | 10.22% | 10.48% |
| Return on Equity (ROE) | 14.15% | 14.81% | 6.83% | 7.72% | 13.28% | 9.34% | 7.18% | 4.8% | 16.6% | 16.74% | 17.68% | 17.38% |
| Book Value per Share | 57.13 | 56.87 | 48.78 | 42.37 | 36.62 | 48.70 | 48.11 | 44.19 | 17.52 | 16.42 | 15.10 | 14.24 |
| Tangible BV per Share | 52.22 | 51.82 | 42.76 | 42.37 | 36.62 | 48.70 | 48.11 | 44.19 | 17.52 | 16.42 | 15.10 | 14.24 |
| Common Stock | 7.81M | 7.8M | 7.77M | 4M | 4M | 4M | 4M | 3.74M | 3.93M | 3.93M | 3.94M | 3.96M |
| Additional Paid-in Capital | 407.07M | 405.92M | 401.17M | 14.49M | 12.28M | 10.37M | 10.18M | 10.03M | 10M | 10M | 10M | 10M |
| Retained Earnings | 535.8M | 517.06M | 434.11M | 427.33M | 424.39M | 396.12M | 374.83M | 338.33M | 132.43M | 119.48M | 108.07M | 96M |
| Accumulated OCI | -69M | -58.96M | -95.72M | -103.49M | -139.5M | 6.96M | 22.58M | 1.43M | -8.62M | -4.15M | -2.77M | 3.02M |
| Treasury Stock | -27.58M | -27.58M | -27.58M | -27.58M | -27.73M | -27.82M | -26.71M | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 10.41M | 10.41M | 10.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE Concentration and Integration
As reported in recent financial statements, BHRB's total assets have surged from $3.6 billion in 2023Q4 to $7.9 billion in 2026Q1, reflecting a significant inorganic expansion strategy that has fundamentally altered the bank's scale and operational footprint within the competitive Northern Virginia and Mid-Atlantic banking markets.
The rapid doubling of the balance sheet size suggests a transition from a local community bank to a regional player, which introduces substantial execution risk regarding the integration of disparate loan portfolios. Investors should monitor whether this asset growth is accompanied by a commensurate improvement in core operating efficiency or if it merely dilutes the legacy franchise's historical performance metrics.
Based on quarterly filings, the equity-to-assets ratio has remained relatively stable at 0.11 as of 2026Q1, indicating that management has successfully maintained capital buffers despite the significant balance sheet expansion and the absorption of the Summit Financial Group merger during the preceding two-year period.
While the current capital position appears adequate, the bank's reliance on retained earnings to support this ratio warrants close scrutiny as the institution navigates potential volatility in asset valuations. The maintenance of this ratio suggests a conservative approach to capital management, though future regulatory requirements may necessitate further strengthening if the CRE-heavy loan book faces cyclical headwinds.
According to recent balance sheet data, BHRB holds $7.2 billion in investment securities as of 2026Q1, representing a substantial portion of the $7.9 billion total asset base, which suggests a liquidity profile heavily weighted toward fixed-income instruments rather than traditional commercial loan originations.
This high concentration in securities may provide a buffer against credit losses but also exposes the bank to significant interest rate risk and potential unrealized losses in the AOCI account. The strategic shift toward a large securities portfolio appears to be a defensive posture, yet it may constrain the bank's ability to generate higher-yielding loan growth in the near term.
As indicated by the provided financial data, the bank's heavy reliance on a $7.2 billion investment securities portfolio relative to its total asset base of $7.9 billion in 2026Q1 highlights a potential duration mismatch that could impact net interest margin stability in a volatile interest rate environment.
The lack of granular loan-to-deposit data in the provided figures makes it difficult to assess the true health of the core lending franchise, but the sheer size of the securities book relative to equity suggests that the bank is highly sensitive to market-wide yield fluctuations. This structure warrants further investigation into the specific duration and credit quality of the securities held, as these assets are now the primary engine of the bank's balance sheet.
Quick answers to the most common questions about buying BHRB stock.
As of 2025, Burke & Herbert Financial Services Corp. (BHRB) had total assets of $7.92B including $1.70B in current assets.
Burke & Herbert Financial Services Corp. (BHRB) carries total debt of $537.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Burke & Herbert Financial Services Corp. (BHRB) has total shareholders' equity (book value) of $854.6M ($56.87 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Burke & Herbert Financial Services Corp. (BHRB) reported a current ratio of 3.79x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.