---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-24-000030"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:44:46.641636+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Burke & Herbert Financial Services Corp. Reports Q4 2023 Net Income of $5.1M and Declares $0.53 Dividend

## Summary
- Q4 2023 net income was $5.1M ($0.67 diluted EPS) vs $4.1M in Q3 2023 and $13.4M in Q4 2022; full-year net income $22.7M.
- Board declared a regular quarterly cash dividend of $0.53 per share, payable March 1, 2024 to shareholders of record Feb 15, 2024.
- Total deposits increased $16.3M to $3.0B, loan-to-deposit ratio 70%; total liquidity $959.5M at quarter-end.
- Shareholders approved merger with Summit Financial Group (SMMF) on Dec 6, 2023; closing subject to regulatory approvals.
- Company remains well-capitalized with Common Equity Tier 1 ratio of 16.8% and leverage ratio of 11.3%.

## SEC filing metadata
- accession: 0001964333-24-000030
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000030/0001964333-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000030/bhrb-20240126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-24-000030
- JSON: https://secwatch.observer/filing/0001964333-24-000030.json
- Plain text: https://secwatch.observer/filing/0001964333-24-000030.txt

## Key facts
- Earnings Releases
  Burke & Herbert Financial Services Corp. reported the quarter ended and year ended December 31, 2023 results: net income Net income totaled $5.1 million for the quarter compared to $4.1 million the previous quarter and $13.4 million for the, EPS Diluted earnings per share for the quarter was $0.67, compared to $0.55 the previous quarter and $1.78 for the same quar.
  - Period: the quarter ended and year ended December 31, 2023
  - Net income: Net income totaled $5.1 million for the quarter compared to $4.1 million the previous quarter and $13.4 million for the
  - EPS: Diluted earnings per share for the quarter was $0.67, compared to $0.55 the previous quarter and $1.78 for the same quar
  - Result: reported results
  source text: On January 26, 2024, Burke & Herbert Financial Services Corp. (the " Company ") issued a press release announcing its results of operations and financial condition for the fourth quarter and the year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000030/0001964333-24-000030-index.htm

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