---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-24-000093"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:45:35.464360+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Burke & Herbert reports Q1 net income $5.2M; merger with Summit expected May 3

## Summary
- Net income $5.2M ($0.69 diluted EPS) vs $5.1M prior qtr, $7.5M year-ago; adjusted EPS $0.76.
- Final regulatory approval received for merger with Summit Financial (SMMF); expected close May 3, 2024.
- Combined company will have >$8B assets, >75 branches across VA, WV, MD, DE, KY.
- Board declared $0.53/share quarterly dividend, payable June 3 to holders of record May 15.
- Loans up 8.5% YoY; deposits stable at $3.0B; CET1 ratio 16.6%, well-capitalized.

## SEC filing metadata
- accession: 0001964333-24-000093
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000093/0001964333-24-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000093/bhrb-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-24-000093
- JSON: https://secwatch.observer/filing/0001964333-24-000093.json
- Plain text: https://secwatch.observer/filing/0001964333-24-000093.txt

## Key facts
- Earnings Releases
  Burke & Herbert Financial Services Corp. reported the quarter ended March 31, 2024 results: net income $5.2 million, EPS $0.69 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Net income: $5.2 million
  - EPS: $0.69 per diluted share
  - Result: reported results
  source text: Net income totaled $5.2 million for the quarter, compared to $5.1 million the previous quarter and $7.5 million for the same quarter in 2023. Diluted earnings per share for the quarter was $0.69, compared to $0.67 the previous quarter and $1.00 for the same quarter in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000093/0001964333-24-000093-index.htm

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