Burke & Herbert Financial Services (BHRB) Income Statement

Burke & Herbert Financial Services reported revenue of $337.27M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 44.7% from $233.03M a year earlier. Net income was $117.31M, up 234.8% year over year, a net margin of 34.8%. Gross margin was 101.0% and operating margin 43.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $80.64M, down 6.3% from the same quarter a year earlier.

Burke & Herbert Financial Services Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Burke & Herbert Financial Services Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	337.27	233.03	109.15	118.54	119.13	121.37	127.53
Cost of Revenue	150.60	164.60	53.35	1.48	3.22	23.93	27.70
Gross Profit	340.51	232.33	108.93	126.00	115.92	97.45	99.83
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	109.40	51.61	52.98	51.36	53.44	48.95	61.45
Operating Expenses	195.56	192.44	85.62	79.88	75.48	69.01	83.11
Operating Income	144.95	39.90	25.06	52.30	40.44	28.44	16.72
Other Income/Expense
Interest Income	444.99	367.06	147.54	112.63	100.82	101.00	110.69
Interest Expense	149.08	140.38	53.14	8.94	4.22	11.28	21.46
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	144.94	39.90	25.06	52.30	40.44	28.44	16.72
Income Tax Expense	27.63	4.19	2.37	8.29	4.28	1.94	-0.26
Net Income	117.31	35.03	22.69	44.01	36.17	26.50	16.98
Net Income - Continuous Operations	117.31	35.71	22.69	44.01	36.17	26.50	16.98
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	22.72	17.41	2.87	55.56	43.65	31.38	19.76
EBIT	-	-	-	-	-	-	-
Depreciation & Amortization	15.55	11.46	2.87	3.05	3.21	2.94	3.04
Earnings Per Share
Basic EPS	8.00	3.00	3.00	6.00	5.00	3.00	2.00
Diluted EPS	8.00	3.00	3.00	6.00	5.00	3.00	2.00
Basic Shares Outstanding	15.03	12.39	7.43	7.43	8.00	8.00	8.00
Diluted Shares Outstanding	15.03	12.44	7.43	7.47	8.00	8.00	8.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Burke & Herbert Financial Services Financial Statements

What was Burke & Herbert Financial Services's revenue in fiscal 2025?

Burke & Herbert Financial Services reported revenue of $337.27M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 44.7% from $233.03M a year earlier.

Is Burke & Herbert Financial Services profitable?

Yes. Burke & Herbert Financial Services earned net income of $117.31M in fiscal 2025, a net margin of 34.8%. In fiscal 2024 it earned $35.03M.

What is Burke & Herbert Financial Services's operating margin?

Burke & Herbert Financial Services's operating income was $144.95M on revenue of $337.27M in fiscal 2025, an operating margin of 43.0%, compared with 17.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition