Burke & Herbert Bank & Trust Company ( (BHRB) ) has released its Q3 earnings. Here is a breakdown of the information Burke & Herbert Bank & Trust Company presented to its investors.
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Burke & Herbert Financial Services Corp., the financial holding company for Burke & Herbert Bank & Trust Company, operates as the oldest continuously operating bank under its original name in the greater Washington, D.C. metropolitan area, providing a comprehensive range of financial solutions across multiple states.
In its third-quarter 2025 earnings report, Burke & Herbert Financial Services Corp. announced a net income applicable to common shares of $29.7 million, with diluted earnings per share remaining steady at $1.97. The company also declared a regular cash dividend of $0.55 per share, reflecting its consistent financial performance.
Key financial metrics for the quarter included a robust annualized return on average assets of 1.50% and a return on average equity of 14.88%. The company reported total gross loans of $5.6 billion and total deposits of $6.4 billion, resulting in a loan-to-deposit ratio of 86.7%. Despite a slight decrease in net interest income to $73.8 million, the company maintained a strong balance sheet with $4.3 billion in total liquidity and capital ratios well above regulatory requirements.
Strategically, Burke & Herbert expanded its market presence by opening a new branch in Bethesda, Maryland, and reported strong performance in newer markets in Virginia. The company continues to focus on relationship-based loan commitments, having exited $80 million of non-strategic loans while originating $228.9 million in new loans.
Looking ahead, Burke & Herbert remains optimistic about closing 2025 on a strong note, with management emphasizing their strategic focus on expanding market presence and delivering value to stakeholders. The company’s solid capital position and liquidity provide a stable foundation for future growth and financial performance.