---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-23-000152"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:20:42.516008+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Burke & Herbert Q2 net income $6.0M, down $4.4M YoY; dividend $0.53/share

## Summary
- Net income $6.0M, down $4.4M from Q2 2022; total non-GAAP revenue $28.4M, down 6% YoY.
- Interest income $37.1M (+40% YoY) but interest expense $13.3M, up $12.4M.
- Loans net $2.0B (+14% YoY); deposits $3.0B (+2%); investment portfolio $1.3B (-17%).
- Declared $0.53/share regular cash dividend, payable Sep 1, record Aug 15, 2023.
- Asset quality stable; capital ratios above well-capitalized levels; ample liquidity.

## SEC filing metadata
- accession: 0001964333-23-000152
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433323000152/0001964333-23-000152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433323000152/bhrb-20230728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-23-000152
- JSON: https://secwatch.observer/filing/0001964333-23-000152.json
- Plain text: https://secwatch.observer/filing/0001964333-23-000152.txt

## Key facts
- Earnings Releases
  Burke & Herbert Financial Services Corp. reported the three months ended June 30, 2023 results: revenue $28.4 million, net income $6.0 million.
  - Period: the three months ended June 30, 2023
  - Revenue: $28.4 million
  - Net income: $6.0 million
  - Result: reported results
  source text: Net income for the three months ended June 30, 2023, was $6.0 million or $4.4 million lower than the three months ended June 30, 2022, primarily due to increased funding costs and the change in provision for credit losses that included a recapture of credit losses in the prior year quarter. Total revenue (non-GAAP) for the three months ended June 30, 2023, was $28.4 million or 6% lower than the three months ended June 30, 2022, and included $25.3 million in interest and fees on loans and $10.8 million in investment security income, which was a 45% increase and a 20% increase, respectively, over the prior year three months ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433323000152/0001964333-23-000152-index.htm

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