---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-24-000305"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:03:23.828258+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Burke & Herbert reports Q2 GAAP net loss of $17.1M; adjusted EPS $2.04 on $397M merger

## Summary
- Net loss of $17.1M ($1.41 diluted loss per share); adjusted operating net income of $25.0M ($2.04 diluted EPS).
- Net interest income $59.8M; net interest margin (FTE) 4.06%. Provision for credit losses $23.9M including $29.5M CECL Day 2 non-PCD provision.
- Completed Summit merger on May 3 for ~$397.4M aggregate consideration; recorded $32.8M preliminary goodwill.
- Total assets >$7.8B; loans $5.6B, deposits $6.6B; loan-to-deposit ratio 84.6%; CET1 ratio 10.9%.
- Board declared $0.53 per share quarterly dividend, payable Sept 3 to holders of record Aug 15.

## SEC filing metadata
- accession: 0001964333-24-000305
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000305/0001964333-24-000305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000305/bhrb-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-24-000305
- JSON: https://secwatch.observer/filing/0001964333-24-000305.json
- Plain text: https://secwatch.observer/filing/0001964333-24-000305.txt

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