Burke & Herbert Financial Services Corp. Q3 FY25 Results
BHRBQ3 FY25 ResultsAnnounced Oct 23, 2025, 08:00 AM| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 85.36 | 2.0% | 1.9% |
| Total Income | 85.36 | 2.0% | 1.9% |
| Expenditure | 48.35 | 3.2% | 5.1% |
| PBT | 37.00 | 0.5% | 12.7% |
| Net Profit | 29.96 | 0.2% | 8.5% |
| OPM | — | ||
| NPM | 35.10% | 0.78pp | 2.14pp |
| EPS | 1.98 | 0.0% | 8.2% |
Burke & Herbert Reports Q3 2025 Net Income of $29.7 Million
04 May 2026 · 4 May, 8:52 am
Summary
Burke & Herbert Financial Services Corp. reported a net income applicable to common shares of $29.7 million, or $1.97 per diluted common share, for the third quarter of 2025. The annualized return on average assets was 1.50%, and the annualized return on average equity was 14.88%. The net interest margin was 4.08% for the three months ended September 30, 2025. Total liquidity amounted to $4.3 billion at the end of the third quarter, and the company remains well-capitalized.
Key Highlights
- 1
Net income applicable to common shares totaled $29.7 million for the third quarter of 2025, with diluted earnings per common share at $1.97.
- 2
The annualized return on average assets was 1.50%, and the annualized return on average equity was 14.88% for the quarter.
- 3
Ending total gross loans amounted to $5.6 billion, while ending total deposits reached $6.4 billion, resulting in a loan-to-deposit ratio of 86.7%.
- 4
The net interest margin was 4.08% for the three months ended September 30, 2025.
- 5
Total liquidity, including available borrowing capacity, cash, and cash equivalents, totaled $4.3 billion at the end of the third quarter.
- 6
The company's Common Equity Tier 1 capital to risk-weighted assets was 12.7%, and the Total risk-based capital to risk-weighted assets was 15.4% at the end of the quarter.
Management Comments
David P. Boyle
“Our solid results reflect the teamwork in executing our strategy to be trusted advisors to our customers and to expand into attractive markets where we deliver our full suite of products and services. Our loan originations were strong, and we increased our deposits during the quarter. We recently opened our first branch in Bethesda, Maryland and our newer markets in Virginia, including Fredericksburg and Richmond, are exceeding our expectations. Our balance sheet remains well positioned with ample liquidity, solid capital ratios, and adequate loss reserves. We are looking forward to a strong close to 2025 and delivering increased value for our customers, employees, communities, and shareholders.”
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