Burke & Herbert Q2 FY26 net income drops to 9.3 million; revenue rises to 106.9 million

Reuters2026/07/23 20:14

By:Reuters

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Burke & Herbert Financial Services posted Q2 net income applicable to common shares of $9.3 million, or $0.50 a share, down from $27.1 million, or $1.79 a share, in Q1.
Adjusted (non-GAAP) operating net income was $37.5 million, lifting adjusted diluted EPS to $2.03.
Net interest income rose to $93 million from $71.8 million; net interest margin (non-GAAP) widened to 4.15% from 4.09%.
Non-interest expense jumped to $93.5 million from $51.4 million, reflecting the LINKBANCORP acquisition and conversion and integration costs.
The company completed the LINKBANCORP merger effective May 1, creating an about $11 billion-asset franchise; it declared a $0.55 per share cash dividend payable Sept. 1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Burke & Herbert Financial Services Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607231605PRIMZONEFULLFEED9767369) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Burke & Herbert Q2 FY26 net income drops to 9.3 million; revenue rises to 106.9 million

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