Burke & Herbert Financial Services Corp (BHRB)

• Market cap: $749M
• 1 day: 1.36%
• 5 days: 3.71%
• 1 month: -15.17%
• 3 months: -19.57%
• 6 months: -22.59%
• Year to date: -17.34%
• 1 year: -3.23%
• 5 years: -39.01%
• 10 years: -39.01%
• Sector: Financials
• Industry: Banks - Regional

About: Burke & Herbert Financial Services Corp is the bank holding company. Through its subsidiary, it predominantly serves small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals with various banking products and financial services. Some of its products and service offerings include checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential mortgage, acquisition, construction, and development loans, online banking, mobile banking, and wealth and trust services. The company operates in a single segment, namely Community Banking.

Employees: 815

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

217% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 6

36% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 28

33% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]

10% more funds holding

Funds holding: 108 [Q3] → 119 (+11) [Q4]

6% more capital invested

Capital invested by funds: $304M [Q3] → $324M (+$19.5M) [Q4]

1.31% more ownership

Funds ownership: 33.39% [Q3] → 34.69% (+1.31%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $76 52% upside
• Avg. target: $76 52% upside
• High target: $76 52% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Keefe, Bruyette & Woods Wood Lay 50% 1-year accuracy 34 / 68 met price target

52% upside $76

Outperform Upgraded

27 Jan 2025