Burke & Herbert reports 2Q26 adjusted EPS $2.03, closes LNKB merger; integration complete

Burke & Herbert Financial Services Corp.

2Q26 net income to common $9.3M ($0.50 diluted EPS); adjusted operating net income $37.5M, adjusted EPS $2.03.
Total assets $11.0B, loans $8.0B, deposits $9.0B; FTE NIM 4.15%, adjusted ROATCE 14.27%.
LINKBANCORP merger closed May 1, 2026, valued at $329.7M; systems integration completed June 2026.
CET1 ratio 11.8%, total risk-based capital 14.42%; tangible book value $49.23 per share.
Adjusted efficiency ratio 57.2% vs 87.5% GAAP; $32.4M merger expenses in 2Q26.

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