← Burke & Herbert Financial Services Corp.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Total interest income | $100.8m |
$112.6m
+11.72%
|
$146.9m
+30.42%
|
$366.2m
+149.27%
|
$445.0m
+21.53%
|
— | |
| Bank debit and other card revenue | — | $112.6m | $4.9m | $9.8m | $12.3m | — | |
| Other non-interest income | $3.4m | $2.7m | $3.2m | $6.1m | $6.9m | — | |
| Total non-interest income | $17.3m | $17.1m | $18.0m | $36.2m | $46.1m | — | |
| Net interest income | $96.6m |
$103.7m
+7.34%
|
$93.8m
-9.58%
|
$225.8m
+140.81%
|
$295.9m
+31.06%
|
$313.6m
+5.97%
|
|
| Total non-interest expense | $74.4m | $75.9m | $86.4m | $197.8m | $195.6m | — | |
| Other interest expense | $39k | $63k | $86k | $111k | $105k | — | |
| Total interest expense | $4.2m | $8.9m | $53.1m | $140.4m | $149.1m | — | |
| Other interest income | $206k | $437k | $2.3m | $4.7m | $7.8m | — | |
| Net interest income after credit loss expense | $97.6m |
$111.2m
+13.89%
|
$93.5m
-15.85%
|
$201.6m
+115.47%
|
$294.4m
+46.05%
|
$313.6m
+6.52%
|
|
| Income before income taxes | $40.4m | $52.3m | $25.1m | $39.9m | $144.9m | $120.2m | |
| Net income | $36.2m |
$44.0m
+21.70%
|
$22.7m
-48.44%
|
$35.7m
+57.36%
|
$117.3m
+228.51%
|
$96.1m
-18.04%
|
|
| Net income applicable to common shares | $36.2m | $44.0m | $22.7m | $35.0m | $116.4m | $96.1m | |
| Preferred stock dividends | — | $0 | $0 | $675k | $900k | $900k | |
| Basic (in dollars per share) | $4.87 | $5.93 | $3.05 | $2.83 | $7.76 | — | |
| Diluted (in dollars per share) | $4.87 | $5.89 | $3.02 | $2.82 | $7.72 | — | |
| Taxable loans, including fees | $73.2m | $73.6m | $101.8m | $311.3m | $382.8m | — | |
| Tax-exempt loans, including fees | — | $0 | $0 | $118k | $180k | — | |
| Taxable securities | $17.5m | $29.6m | $37.2m | $39.8m | $36.8m | — | |
| Tax-exempt securities | $9.9m | $8.9m | $5.6m | $10.2m | $17.4m | — | |
| Deposits | $2.7m | $3.7m | $39.2m | $118.7m | $122.0m | — | |
| Short-term borrowings | — | $5.1m | $13.9m | $14.2m | $16.5m | — | |
| Subordinated debt | — | $0 | $0 | $7.4m | $10.5m | — | |
| Credit loss expense (recapture) - loans and available-for-sale securities | ($1.0m) | ($7.5m) | $235k | $20.5m | $2.3m | — | |
| Credit loss expense (recapture) - off-balance sheet credit exposures | $0 | $0 | ($21k) | $3.7m | ($803k) | — | |
| Fiduciary and wealth management | — | — | $5.4m | $8.4m | $10.5m | — | |
| Service charges and fees | $23.0m | $24.3m | $24.0m | $48.0m | $26.5m | — | |
| Net gains (losses) on securities | ($4k) | ($454k) | ($112k) | $1.4m | $147k | — | |
| Income from company-owned life insurance | $2.3m | $2.7m | $2.8m | $4.7m | $8.1m | — | |
| Salaries and wages | $37.1m | $39.4m | $39.2m | $77.1m | $83.4m | $126.1m | |
| Pensions and other employee benefits | $7.6m | $7.7m | $9.4m | $17.2m | $18.5m | — | |
| Occupancy | $6.4m | $5.6m | $6.0m | $11.6m | $14.4m | $36.3m | |
| Equipment rentals, depreciation and maintenance | $5.5m | $5.8m | $5.8m | $23.2m | $15.8m | — | |
| Core deposit intangible amortization | — | — | $0 | $11.5m | $15.6m | — | |
| ATM, card, and network expense | — | — | $2.6m | $5.4m | $4.8m | — | |
| FDIC and other regulatory assessments | — | — | $2.0m | $3.3m | $3.9m | — | |
| Other operating | $17.8m | $17.4m | $26.0m | $68.8m | $39.1m | — | |
| Total | $4.3m | $8.3m | $2.4m | $4.2m | $27.6m | $358.7m | |
| Total provision for (recapture of) credit losses | ($1.0m) | ($7.5m) | $214k | $24.2m | $1.5m | — |