M&A
confidence high
sentiment neutral
materiality 0.75
Burke & Herbert completes merger with LINKBANCORP; pro forma assets $10.97B
Burke & Herbert Financial Services Corp.
- Merger completed May 1, 2026; total consideration ~$329.7M based on BHRB closing price of $64.31.
- Pro forma total assets $10.97B as of Dec 31, 2025; goodwill of $69.0M recorded.
- Pro forma net income $104.1M for 2025; diluted EPS $5.12.
- Exchange ratio 0.1350 BHRB shares per LNKB share; cash paid for fractional shares.
- Pro forma data excludes cost savings; final purchase accounting subject to adjustment.