Burke & Herbert Financial Services CorpBHRB
Market Cap: 1.02B
About: Burke & Herbert Financial Services Corp is the bank holding company. The bank offers a full range of business and personal financial solutions designed to meet customers' banking, borrowing, and investment needs and has over 20 branches throughout the Northern Virginia region and commercial loan offices in Fredericksburg, Loudoun County, and Richmond, Virginia, and in Bethesda, Maryland. The Company operates in one segment which includes Community Banking. The company generates revenue from sources such as Fiduciary and wealth management income, Service charges and fees on deposit accounts consist of monthly service fees, check orders, and other deposit account related fees. Debit card fees and other service charges are primarily comprised of debit and credit card income, ATM fees.
Employees: 328
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
1.2% less ownership
Funds ownership: 26.32% [Q4 2023] → 25.12% (-1.2%) [Q1 2024]
4% less funds holding
Funds holding: 54 [Q4 2023] → 52 (-2) [Q1 2024]
15% less capital invested
Capital invested by funds: $123M [Q4 2023] → $105M (-$18.3M) [Q1 2024]
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Research analyst outlook
We haven’t received any recent analyst ratings for BHRB.