BHRB

Burke & Herbert Financial Services Corp.

Nasdaq · National Commercial Banks · Inc. VA · CIK 0001964333
$67.08 +1.12% $1.4B
Insider Buying Cluster (2 insiders)High Impact Filing (7/10)6 New Institutional Positions6 Institutional Exits
Vol
Market Cap$1.4B
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (80%)
Inst. Holders50 funds
Inst. Value$226.3M
Inst. Activity6 buys / 6 sells
Insider Activity6B / 1S
Insider Net $$1.0M
SEC Reports6
Press Releases4
Exchange Nasdaq·Sector National Commercial Banks·Inc. VA·CIK 0001964333·Prev Close $66.34

Recent Activity

Jun 12, 2026 SEC
Four institutional investors, led by Schwab (mega-passive) and Legal & General (asset manager), significantly increased
INST-CLUSTER — Impact 4/10
Jun 3, 2026 Insider
LUNDBLAD CARL D was granted 6,444 shares
EVP, Chief Operating Officer
Jun 3, 2026 Insider
Barnwell Julian Forrest Jr. bought 5,000 shares
Director @ $62.76 ($313.8K)
May 27, 2026 Insider
Burke James Mason acquired 1,000 shares
Director
May 19, 2026 SEC
Two directors at Burke & Herbert Financial Services Corp. made open-market purchases totaling $334K over a five-day wind
CLUSTER — Impact 5/10
May 12, 2026 SEC
Two directors at Burke & Herbert Financial Services Corp. purchased a total of $334K in open-market shares over a 7-day
CLUSTER — Impact 4/10
Inst.
BANK OF AMERICA CORP — ADD
32,188 shares ($2.0M)
Inst.
FRANKLIN RESOURCES INC — ADD
23,684 shares ($1.5M)

Price Targets

$73.25 +9.2% upside Buy
Current $67.08 Low $70.00 Median $74.00 High $75.00 4 analysts
$70.00 $75.00

Analyst Ratings

Strong Buy80% buy · 10 analysts
2Strong Buy
6Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 15, 2026 Freedom Broker UPGRADE Hold → Buy
Apr 27, 2026 DA Davidson MAINTAIN Neutral → Neutral
Feb 25, 2026 DA Davidson INITIATE Neutral
Feb 25, 2026 Freedom Broker DOWNGRADE Buy → Hold

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $1.99 ▲ +7.4% $1.79 — $2.13 1% YoY 3
Next Q $2.05 ▼ -11.1% $1.74 — $2.17 4% YoY 4
Current FY $7.66 ▼ -1.9% $6.23 — $8.32 -1% YoY 4
Next FY $8.82 $8.50 — $9.00 9% YoY 3

Latest Reports

BULLISH INST-CLUSTER 4/10
Four institutional investors, led by Schwab (mega-passive) and Legal & General (asset manager), significantly increased
Jun 12, 2026
BULLISH CLUSTER 5/10
Two directors at Burke & Herbert Financial Services Corp. made open-market purchases totaling $334K over a five-day wind
May 19, 2026
BULLISH Press 7/10
Burke & Herbert Financial Services Corp. completed its merger with LINKBANCORP, Inc. on May 1, 2026, combining the two b
May 1, 2026

Top Institutional Holders

FundValueMove
BlackRock, Inc.$61.2M—
VANGUARD CAPITAL MANAGEMENT LLC$35.0M—
STATE STREET CORP$25.2M—
DIMENSIONAL FUND ADVISORS LP$22.9M—
GOLDMAN SACHS GROUP INC$11.4M—

Recent Insider Trades

DateInsiderTypeValue
Jun 3, 2026LUNDBLAD CARLA$0.00
Jun 3, 2026Barnwell JulianBUY$313.8K
May 27, 2026Burke JamesJ$0.00
May 20, 2026Upson JillSELL$70.4K
May 15, 2026LUNDBLAD CARLA$0.00
50 institutional holders with $226.3M total value (3,633,622 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, STATE.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.982,759$61.2M27.0%—
2VANGUARD CAPITAL MANAGEMENT LLC562,215$35.0M15.5%—
3STATE STREET CORP403,868$25.2M11.1%—
4DIMENSIONAL FUND ADVISORS LP367,948$22.9M10.1%—
5GOLDMAN SACHS GROUP INC183,133$11.4M5.0%—
6VANGUARD PORTFOLIO MANAGEMENT LLC133,975$8.3M3.7%—
7CHARLES SCHWAB INVESTMENT MANAGEMENT INC110,179$6.9M3.0%—
8MORGAN STANLEY102,860$6.4M2.8%ADD +58.2%
9HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC101,644$6.3M2.8%—
10VANGUARD FIDUCIARY TRUST CO85,492$5.3M2.4%—
11ROYCE & ASSOCIATES LP59,102$3.7M1.6%—
12TWO SIGMA INVESTMENTS, LP47,285$2.9M1.3%ADD +48.3%
13ALLIANCEBERNSTEIN L.P.45,416$2.8M1.3%—
14BANK OF AMERICA CORP /DE/32,188$2.0M0.9%ADD +68.3%
15Russell Investments Group, Ltd.27,107$1.7M0.7%—
16FRANKLIN RESOURCES INC23,684$1.5M0.7%ADD +58.2%
17FIFTH THIRD BANCORP21,876$1.4M0.6%—
18Nuveen, LLC21,614$1.3M0.6%—
19WELLS FARGO & COMPANY/MN19,797$1.2M0.5%—
20D. E. Shaw & Co., Inc.18,596$1.2M0.5%TRIM -29.2%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BANK OF AMERICA CORP /DE/ADD19,12532,188+68.3%$2.0M2026-Q1
FRANKLIN RESOURCES INCADD14,96823,684+58.2%$1.5M2026-Q1
AMERIPRISE FINANCIAL INCTRIM15,46310,913-29.4%$679.8K2026-Q1
FIRST TRUST ADVISORS LPADD5,9319,897+66.9%$616.5K2026-Q1
Rafferty Asset Management, LLCADD5,9238,552+44.4%$532.7K2026-Q1
SEI INVESTMENTS CODOUBLED3,4228,366+144.5%$521.1K2026-Q1
HSBC HOLDINGS PLCTRIM10,0566,802-32.4%$423.0K2026-Q1
CWM, LLCTRIM5,1283,662-28.6%$228.1K2026-Q1
Mariner, LLCTRIM6,2163,550-42.9%$221.1K2026-Q1
FMR LLCNEAR_EXIT10,7851,799-83.3%$112.1K2026-Q1
STRS OHIOTRIM2,6001,400-46.2%$87.2K2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCDOUBLED64591+823.4%$36.8K2026-Q1
MORGAN STANLEYADD61,54397,362+58.2%$6.1M2025-Q4
MARSHALL WACE, LLPTRIM48,51332,393-33.2%$2.0M2025-Q4
D. E. Shaw & Co., Inc.TRIM26,73218,928-29.2%$1.2M2025-Q4
FMR LLCADD8,48710,785+27.1%$672.0K2025-Q4
Verition Fund Management LLCADD5,4238,030+48.1%$500.3K2025-Q4
FIRST TRUST ADVISORS LPTRIM8,2705,931-28.3%$369.6K2025-Q4
Rafferty Asset Management, LLCTRIM10,7135,923-44.7%$369.1K2025-Q4
MARSHALL WACE, LLPTRIM90,66448,513-46.5%$3.0M2025-Q3
UBS Group AGADD29,31639,474+34.7%$2.4M2025-Q3
TWO SIGMA INVESTMENTS, LPADD24,47936,305+48.3%$2.2M2025-Q3
D. E. Shaw & Co., Inc.TRIM36,51526,732-26.8%$1.6M2025-Q3
BARCLAYS PLCTRIM34,91024,961-28.5%$1.5M2025-Q3
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLCTRIM36,92316,632-55.0%$1.0M2025-Q3
20 unique insiders with 38 transactions. Net insider value: $1.0M ($1.1M bought, $70.4K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 3, 2026LUNDBLAD CARL DEVP, Chief Operating OfficerAWARD6,444——
Jun 3, 2026Barnwell Julian Forrest Jr.DirectorBUY5,000$62.76$313.8K
May 27, 2026Burke James MasonDirectorJ1,000——
May 20, 2026Upson Jill SDirectorSELL1,112$63.31$70.4K
May 15, 2026LUNDBLAD CARL DEVP, Chief Operating OfficerAWARD9,743——
May 12, 2026Riojas Jose DavidDirectorBUY300$62.00$18.6K
May 11, 2026Barnwell Julian Forrest Jr.DirectorBUY5,000$63.05$315.2K
May 11, 2026Barnwell Julian Forrest Jr.DirectorBUY5,000$63.05$315.2K
May 3, 2026Kimlel Lauren N.EVP, Branch BankingTAX W/H269$64.64$17.4K
May 3, 2026Ritchie Bradford EEVP, Chief Lending OfficerTAX W/H659$64.64$42.6K
May 3, 2026Huffman Patrick KipSVP, Chief Accounting OfficerAWARD950——
May 3, 2026Schmidt Jennifer PalmerEVP, Chief Risk OfficerTAX W/H271$64.64$17.5K
May 3, 2026BOYLE DAVID PChair & CEOTAX W/H5,784$64.64$373.9K
May 3, 2026MADDY H CHARLES IIIPresidentTAX W/H1,541$64.64$99.6K
May 3, 2026Freeman Danyl RChief Human Resources OfficerTAX W/H202$64.64$13.1K
May 3, 2026Halyama Roy EugeneEVP, Chief Financial OfficerTAX W/H2,649$64.64$171.2K
May 3, 2026TISSUE ROBERT SEVP, Financial StrategyTAX W/H1,364$64.64$88.2K
May 3, 2026Hintelmann Robert Victor Jr.Chief Credit OfficerAWARD2,850——
May 3, 2026Rowan Shannon BarrowEVP, Wealth ServicesTAX W/H211$64.64$13.6K
May 3, 2026Zirk Angela REVP, Chief Experience OfficerTAX W/H142$64.64$9.2K
May 1, 2026Snyder KristenDirectorAWARD8,418——
May 1, 2026Poillon DianeDirectorAWARD1,928——
May 1, 2026Poillon DianeDirectorAWARD675——
May 1, 2026LUNDBLAD CARL DEVP, Chief Operating OfficerAWARD10,485——
May 1, 2026LUNDBLAD CARL DEVP, Chief Operating OfficerAWARD4,050——
May 1, 2026LUNDBLAD CARL DEVP, Chief Operating OfficerAWARD8,100——
Apr 29, 2026McLaughlin Shawn PatrickDirectorBUY1,000$63.55$63.5K
Apr 28, 2026McLaughlin Shawn PatrickDirectorBUY1,000$64.80$64.8K
Feb 28, 2026Kimlel Lauren N.EVP, Branch BankingAWARD130$54.03$7.0K
Feb 28, 2026Rowan Shannon BarrowEVP, Wealth ServicesAWARD63$54.03$3.4K
Feb 28, 2026Huffman Patrick KipSVP, Chief Accounting OfficerAWARD109$54.03$5.9K
Feb 28, 2026Hintelmann Robert Victor Jr.Chief Credit OfficerAWARD74$54.03$4.0K
Feb 28, 2026Schmidt Jennifer PalmerEVP, Chief Risk OfficerAWARD231$54.03$12.5K
Feb 10, 2026MADDY H CHARLES IIIPresidentTAX W/H11,537$69.62$803.2K
Feb 10, 2026MADDY H CHARLES IIIPresidentEXERCISE15,616$43.33$676.6K
Jan 22, 2026BOYLE DAVID PChair & CEOAWARD9,740——
Jan 22, 2026Huffman Patrick KipSVP, Chief Accounting OfficerJ950——
Jan 22, 2026Hintelmann Robert Victor Jr.Chief Credit OfficerJ2,850——
6 SEC filing reports analyzed. Sentiment: 3 bullish, 1 bearish, 0 mixed, 2 neutral. Avg impact: 4.8/10.
BULLISH INST-CLUSTER 4/10
Four institutional investors, led by Schwab (mega-passive) and Legal & General (asset manager), sign
Jun 12, 2026
BULLISH CLUSTER 5/10
Two directors at Burke & Herbert Financial Services Corp. made open-market purchases totaling $334K
May 19, 2026
NEUTRAL CLUSTER 4/10
Two directors at Burke & Herbert Financial Services Corp. purchased a total of $334K in open-market
May 12, 2026
NEUTRAL 3 2/10
Three insiders at Burke & Herbert Financial Services Corp. filed Form 3 initial ownership statements
May 1, 2026
BEARISH 8-K 7/10
Burke & Herbert Financial Services Corp. reported Q1 2026 earnings with diluted EPS of $1.79, missin
Apr 23, 2026
BULLISH 8-K 7/10
Burke & Herbert Financial Services Corp. announced receipt of all required regulatory approvals for
Apr 13, 2026
BULLISH 7/10
Burke & Herbert Financial Services Corp. completed its merger with LINKBANCORP, Inc. on May 1, 2026,
May 1, 2026
MIXED 6/10
Burke & Herbert Bank reported Q1 2026 earnings with net income of $27.1 million and diluted EPS of $
Apr 23, 2026
BULLISH 7/10
Burke & Herbert Bank and LINKBANCORP have received all required regulatory approvals to complete the
Apr 13, 2026
MIXED 7/10
Burke & Herbert Bank (BHRB) and LINKBANCORP (LNKB) announced that shareholders have approved the mer
Mar 25, 2026
Current analyst consensus: Strong Buy (80% buy). Based on 10 analysts: 2 strong buy, 6 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$73.25 mean target +9.2% upside Buy (3.00)
$70.00 Low $75.00 High
MetricValue
Current Price$67.08
Target Low$70.00
Target Mean$73.25
Target Median$74.00
Target High$75.00
# Analysts4
RecommendationBuy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
 $1.99 $1.79 $2.13 1.2% +7.4% 2↑ 1↓ $0.1B 28.0% 3
Next Q
2026-09-30
 $2.05 $1.74 $2.17 4.2% -11.1% 0↑ 2↓ $0.1B 43.1% 4
Current FY
2026-12-31
 $7.66 $6.23 $8.32 -0.8% -1.9% 3↑ 1↓ $0.4B 28.6% 4
Next FY
2027-12-31
 $8.82 $8.50 $9.00 9.2% -0.2% 1↑ 1↓ $0.5B 12.5% 3

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$1.993
7d ago$1.993
30d ago$1.857+0.137
60d ago$1.850+0.143
90d ago$1.820+0.173
2 analyst firms have rated this stock: 1 upgrades, 1 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 15, 2026 Freedom Broker UPGRADE Hold Buy
Apr 27, 2026 DA Davidson MAINTAIN Neutral Neutral
Feb 25, 2026 DA Davidson INITIATE — Neutral
Feb 25, 2026 Freedom Broker DOWNGRADE Buy Hold

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262620080%
May 1, 20262530070%
Apr 1, 20262530070%
Mar 1, 20262430067%
Feb 1, 20262510088%
Jan 1, 20263510089%
Strong BuyBuyHoldSellStrong Sell
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No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

∅

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 1, 2026
m_and_a
Burke & Herbert Financial Services Corp. Completes Merger with LINKBANCORP, Inc.
<p align="justify">ALEXANDRIA, Va., May 01, 2026 (GLOBE NEWSWIRE) -- Burke &amp; Herbert Financial Services Corp. (“Burke &amp; Herbert”) (Nasdaq: B
May 1, 2026
short_interest
FTD: BHRB — 25,494 shares ($1.6M) failed to deliver
Settlement: 20260501, Price: $64.31, FTD Value: $1,639,519.14, BURKE HERBERT FINL SVCS CORP C
Apr 23, 2026
dividend
Burke &amp; Herbert Financial Services Corp. Announces First Quarter 2026 Results and Declares Common Stock Dividend
<p align="justify">ALEXANDRIA, Va., April 23, 2026 (GLOBE NEWSWIRE) -- Burke &amp; Herbert Financial Services Corp. (the “Company” or “Burke &amp; H
Apr 23, 2026
earnings_calendar
BHRB Q1 2026 Earnings Scheduled — 2026-04-23
Apr 13, 2026
m_and_a
Burke &amp; Herbert Financial Services Corp. and LINKBANCORP, Inc. Announce Receipt of Regulatory Approvals and Closing Date for Merger
<p align="justify">ALEXANDRIA, Va. and CAMP HILL, Pa., April 13, 2026 (GLOBE NEWSWIRE) -- Burke &amp; Herbert Financial Services Corp. ("Burke &amp;
Mar 25, 2026
activist
Burke & Herbert Financial Services Corp. and LINKBANCORP, Inc. Announce Receipt of Shareholder Approval for Merger
<p align="justify">ALEXANDRIA, Va. and CAMP HILL, Pa., March 25, 2026 (GLOBE NEWSWIRE) -- Burke &amp; Herbert Financial Services Corp. ("Burke &amp;
Mar 17, 2026
short_interest
FTD: BHRB — 8,623 shares ($0.5M) failed to deliver
Settlement: 20260317, Price: $62.68, FTD Value: $540,489.64, BURKE HERBERT FINL SVCS CORP C