earnings
confidence high
sentiment positive
materiality 0.70
Burke & Herbert Q3 EPS $1.82; declares $0.55 dividend, up 3.8% QoQ
Burke & Herbert Financial Services Corp.
2024-Q3 EPS reported
$1.33
- Net income $27.4M ($1.82 diluted EPS); adjusted net income $29.8M ($1.98 diluted EPS).
- Net interest margin (FTE) 4.07% on net interest income $73.2M.
- Dividend increased 3.8% to $0.55/share, payable Dec 2 to holders of record Nov 15.
- Total loans $5.6B, deposits $6.6B; loan-to-deposit ratio 84.4%.
- Well-capitalized with CET1 ratio 11.3% and leverage ratio 9.6%.