---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-23-000130"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:45:15.805231+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Burke & Herbert Q1 net income $7.5M (down $1.6M YoY); declares $0.53 dividend

## Summary
- Net income $7.5M for Q1 2023 vs $9.1M in Q1 2022; total revenue (non-GAAP) $29.0M, up 5% YoY.
- Interest income $34.3M (+42% YoY) but interest expense surged to $9.6M from $0.8M, compressing net interest margin.
- Loans net $1.9B (+11% YoY); investment portfolio fair value $1.4B (-11% YoY).
- Declared $0.53 per share regular cash dividend, payable June 1, 2023 to holders of record May 15, 2023.
- Common shares began trading on Nasdaq on April 26, 2023, up-listing from OTC Markets.

## SEC filing metadata
- accession: 0001964333-23-000130
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433323000130/0001964333-23-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433323000130/bhrb-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-23-000130
- JSON: https://secwatch.observer/filing/0001964333-23-000130.json
- Plain text: https://secwatch.observer/filing/0001964333-23-000130.txt

## Key facts
- Earnings Releases
  Burke & Herbert Financial Services Corp. reported quarter ended March 31, 2023 results: net income $7.5 million.
  - Period: quarter ended March 31, 2023
  - Net income: $7.5 million
  - Result: reported results
  source text: Net income for the three months ended March 31, 2023, was $7.5 million or $1.6 million lower than the three months ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433323000130/0001964333-23-000130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.