Tearsheet

Burke & Herbert Financial Services (BHRB)


Market Price (12/24/2025): $63.1 | Market Cap: $947.9 Mil
Sector: Financials | Industry: Regional Banks

Burke & Herbert Financial Services (BHRB)


Market Price (12/24/2025): $63.1
Market Cap: $947.9 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.9%, FCF Yield is 15%
Weak multi-year price returns
2Y Excs Rtn is -34%
Key risks
BHRB key risks include [1] significant unrealized losses on its available-for-sale securities portfolio, Show more.
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 64%
  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 43%
  
3 Low stock price volatility
Vol 12M is 29%
  
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.9%, FCF Yield is 15%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 64%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 43%
3 Low stock price volatility
Vol 12M is 29%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.
5 Weak multi-year price returns
2Y Excs Rtn is -34%
6 Key risks
BHRB key risks include [1] significant unrealized losses on its available-for-sale securities portfolio, Show more.

Valuation, Metrics & Events

BHRB Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Between August 31, 2025, and December 24, 2025, Burke & Herbert Financial Services (BHRB) experienced several key developments that influenced its stock, contributing to its 0.2% movement.

1. Burke & Herbert Financial Services announced its third-quarter 2025 results on October 23, 2025. The company reported net income applicable to common shares of $29.7 million and diluted earnings per share (EPS) of $1.97, surpassing analyst EPS estimates but falling short on revenue projections.

2. On October 23, 2025, the company declared a regular cash dividend of $0.55 per share. This dividend was payable on December 1, 2025, to shareholders of record as of November 14, 2025.

Show more

Stock Movement Drivers

Fundamental Drivers

The 1.8% change in BHRB stock from 9/23/2025 to 12/23/2025 was primarily driven by a 1.6% change in the company's Net Income Margin (%).
923202512232025Change
Stock Price ($)61.9863.111.82%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)330.23332.230.61%
Net Income Margin (%)31.65%32.16%1.63%
P/E Multiple8.908.87-0.26%
Shares Outstanding (Mil)15.0015.02-0.15%
Cumulative Contribution1.81%

LTM = Last Twelve Months as of date shown

Market Drivers

9/23/2025 to 12/23/2025
ReturnCorrelation
BHRB1.8% 
Market (SPY)3.7%33.0%
Sector (XLF)3.1%52.6%

Fundamental Drivers

The 9.7% change in BHRB stock from 6/24/2025 to 12/23/2025 was primarily driven by a 74.3% change in the company's Net Income Margin (%).
624202512232025Change
Stock Price ($)57.5363.119.70%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)312.60332.236.28%
Net Income Margin (%)18.46%32.16%74.26%
P/E Multiple14.938.87-40.59%
Shares Outstanding (Mil)14.9815.02-0.30%
Cumulative Contribution9.70%

LTM = Last Twelve Months as of date shown

Market Drivers

6/24/2025 to 12/23/2025
ReturnCorrelation
BHRB9.7% 
Market (SPY)13.7%43.0%
Sector (XLF)7.8%58.3%

Fundamental Drivers

The 2.2% change in BHRB stock from 12/23/2024 to 12/23/2025 was primarily driven by a 209.6% change in the company's Net Income Margin (%).
1223202412232025Change
Stock Price ($)61.7563.112.21%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)202.10332.2364.39%
Net Income Margin (%)10.39%32.16%209.63%
P/E Multiple43.968.87-79.82%
Shares Outstanding (Mil)14.9415.02-0.51%
Cumulative Contribution2.20%

LTM = Last Twelve Months as of date shown

Market Drivers

12/23/2024 to 12/23/2025
ReturnCorrelation
BHRB2.2% 
Market (SPY)16.7%55.7%
Sector (XLF)15.7%65.7%

Fundamental Drivers

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Market Drivers

12/24/2023 to 12/23/2025
ReturnCorrelation
BHRB6.7% 
Market (SPY)48.4%44.7%
Sector (XLF)52.3%55.9%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
BHRB Return����3%7%�
Peers Return-15%31%3%-6%7%7%23%
S&P 500 Return16%27%-19%24%23%17%114%

Monthly Win Rates [3]
BHRB Win Rate���38%42%42% 
Peers Win Rate43%68%40%43%52%55% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
BHRB Max Drawdown����-25%-21% 
Peers Max Drawdown-49%-2%-14%-37%-19%-20% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: UBSI, TOWN, WSBC, FNB, EGBN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/23/2025 (YTD)

How Low Can It Go

BHRB has limited trading history. Below is the Financials sector ETF (XLF) in its place.

Unique KeyEventXLFS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-26.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven36.7%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven525 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven76.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven295 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven35.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven338 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-83.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven515.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven4,470 days1,480 days

Compare to

In The Past

SPDR Select Sector Fund's stock fell -26.9% during the 2022 Inflation Shock from a high on 1/12/2022. A -26.9% loss requires a 36.7% gain to breakeven.

Preserve Wealth

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Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Burke & Herbert Financial Services (BHRB)

Burke & Herbert Financial Services Corp. operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in the Northern Virginia. It offers consumer and commercial deposit products, such as digital banking, demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also offers loans, such as commercial real estate, single family residential, owner-occupied commercial real estate, acquisition, construction and development, commercial and industrial, and consumer non-real estate and other loans. In addition, it offers treasury and cash management services; and online and mobile banking, and wealth and trust services. The company was founded in 1852 and is headquartered in Alexandria, Virginia.

AI Analysis | Feedback

  • It's like a local, historical PNC Bank or Truist specifically for the Washington D.C. metropolitan area.
  • Think of it as a hyper-local, very long-established version of a national bank like Wells Fargo or Bank of America, focused solely on Northern Virginia.

AI Analysis | Feedback

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  • Deposit Services: Accepting various types of customer deposits, including checking, savings, money market, and certificates of deposit, to fund lending activities.
  • Commercial Lending: Providing loans and lines of credit to businesses for working capital, equipment purchases, expansion, and other commercial purposes.
  • Real Estate Lending: Offering mortgage loans for residential properties and commercial real estate loans for construction, acquisition, and development projects.
  • Consumer Lending: Granting loans to individuals for personal use, such as auto loans, personal loans, and home equity lines of credit.
  • Wealth Management & Trust Services: Providing investment management, financial planning, and trust administration services to individuals, families, and businesses.
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AI Analysis | Feedback

Burke & Herbert Financial Services (BHRB) is a bank holding company that operates Burke & Herbert Bank & Trust Company. As a financial institution, it provides banking products and services primarily to individuals, businesses, and government entities. It does not have "major customers" in the traditional sense of a company selling goods or services to a limited number of large corporate clients.

Instead, its customer base can be described through the following categories:

  • Individuals/Consumers: This category includes individual customers who utilize a range of retail banking services such as checking accounts, savings accounts, mortgages, personal loans, credit cards, and wealth management services.
  • Businesses/Commercial Clients: This category encompasses various businesses, from small enterprises to larger corporations, that leverage commercial banking products including business checking and savings accounts, commercial loans, lines of credit, treasury management services, and other business banking solutions.
  • Government Entities: Burke & Herbert Financial Services also serves local government bodies, municipalities, and other public sector entities, providing banking and financial services tailored to their specific operational and fiscal needs.

AI Analysis | Feedback

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AI Analysis | Feedback

David P. Boyle, Chair & Chief Executive Officer

Mr. Boyle has served as a Director since January 1, 2020, and became Chair of the Board in 2023. He assumed the role of President and Chief Executive Officer of Burke & Herbert Financial Services Corp. at the beginning of 2020. Prior to this, he was the Company's President and Chief Operating Officer from June 2019. From 2012 to 2019, he served as Executive Vice President and Chief Financial Officer at Orrstown Financial Services, Inc., a community bank. Earlier in his career, Mr. Boyle held key leadership and executive positions with large banks, including Chief Performance Officer at PNC Financial Services Group, Inc., Regional President for National City Bank, and as Chair, President, and Chief Executive Officer at Wayne Bancorp, a community bank in Wooster, Ohio.

Roy E. Halyama, Executive Vice President & Chief Financial Officer

Mr. Halyama joined Burke & Herbert Bank as Executive Vice President and Chief Financial Officer in 2021. He previously served as the Chief Financial Officer for an affiliate of a large U.S. financial services institution in Pittsburgh, Pennsylvania. His experience also includes a corporate finance role at a regional bank in Pittsburgh, Pennsylvania, and sixteen years in various accounting, finance, and investment roles at regional and large financial institutions in Ohio and New York.

Joseph W. Hager, Executive Vice President & Chief Operating Officer

Mr. Hager was appointed to serve as Chief Operating Officer of Burke & Herbert and Burke & Herbert Bank following Summit Financial Group's merger with Burke & Herbert. Prior to the merger, he served as Summit's Chief Risk Officer.

Robert V. Hintelmann, Jr., Executive Vice President & Chief Credit Officer

Mr. Hintelmann joined Burke & Herbert Bank in 2025 as Executive Vice President and Chief Credit Officer. He brings over 25 years of credit experience in the financial services industry, having most recently served as Executive Vice President and Deputy Credit Officer for a super-regional bank based in the Mid-Atlantic region. His prior experience also includes roles as a commercial banking relationship manager and financial advisor.

Danyl R. Freeman, Chief Human Resources Officer

Ms. Freeman serves as the Chief Human Resources Officer for Burke & Herbert Financial Services.

AI Analysis | Feedback

The key risks for Burke & Herbert Financial Services (BHRB) are primarily related to its investment portfolio, credit exposure, and operational security.

  1. Unrealized Losses on Available-for-Sale (AFS) Securities: A significant risk for Burke & Herbert Financial Services has been unrealized losses on its available-for-sale (AFS) securities. This issue, described as the bank's "main problem," has negatively impacted equity through Accumulated Other Comprehensive Income (AOCI) and tangible book value per share, largely due to the sharp rise in the Federal Funds Rate. While the bank has made progress in reducing these losses, the impact on equity continues to be a concern.
  2. Exposure to Economic Downturns and Commercial Real Estate (CRE): Burke & Herbert Financial Services remains exposed to risks associated with potential economic downturns and its portfolio of Commercial Real Estate (CRE) loans. These factors represent ongoing challenges in the banking sector, though the company's financial structure and community ties are cited as supportive elements.
  3. Cybersecurity Risk: Cybersecurity is identified as a critical factor in assessing the company's overall operational and regulatory risk. Burke & Herbert Financial Services maintains a formal information security management program, including 24/7 monitoring, active threat hunting, and regular vulnerability assessments, along with cyber insurance. Despite these measures, the potential for a material cyber-attack remains a significant risk to its business and operations.

AI Analysis | Feedback

Here are clear emerging threats for Burke & Herbert Financial Services (BHRB):

  • Disruption from Fintech Companies and Neobanks: Digital-first financial institutions (Fintechs) and online-only banks (Neobanks) are rapidly gaining market share by offering highly convenient, often lower-cost, and technology-driven banking services. These agile competitors, unburdened by legacy systems or extensive physical branch networks, challenge traditional banks like Burke & Herbert for customer acquisition and retention, particularly among younger, tech-savvy demographics who prioritize digital experiences over branch visits.
  • Competition from Big Tech Firms in Financial Services: Major technology companies such as Apple, Google, and Amazon are increasingly leveraging their vast customer bases, brand loyalty, and technological capabilities to offer a growing array of financial products and services (e.g., payment systems, lending, credit cards, savings accounts). Their scale, data analytics prowess, and ability to integrate financial services seamlessly into their existing ecosystems pose a significant competitive threat, potentially commoditizing traditional banking services and eroding market share from established institutions like Burke & Herbert.

AI Analysis | Feedback

Burke & Herbert Financial Services (symbol: BHRB) operates primarily in northern Virginia and West Virginia, with additional branches and commercial loan offices in Delaware, Kentucky, and Maryland. Its main products and services include consumer and commercial deposit products, various types of loans (commercial real estate, residential mortgage, commercial and industrial, etc.), cash management services, online and mobile banking, and wealth and trust services.

The addressable markets for Burke & Herbert's main products and services are sized as follows:

  • Commercial Banking: The market size for the Commercial Banking industry in Virginia is $24.8 billion in 2025.
  • Retail Banking: The U.S. retail banking market size is forecast to increase by $92.1 billion, at a compound annual growth rate (CAGR) of 4.2% between 2024 and 2029.
  • Wealth Management: The global wealth management market size was valued at $1.25 trillion in 2020 and is projected to reach $3.43 trillion by 2030, growing at a CAGR of 10.7% from 2021 to 2030. North America accounted for 40% of the growth in the wealth management market during 2025-2029. Burke & Herbert Bank & Trust Co's wealth management division had a portfolio value of approximately $446.3 million in its most recent SEC filings.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Burke & Herbert Financial Services (BHRB) over the next 2-3 years:
  1. Expansion of Relationship-Based Loan Portfolio: Burke & Herbert Financial Services is expected to drive revenue growth through the continued expansion of its loan portfolio, particularly focusing on "new, relationship-based loan commitments." In the third quarter of 2025, the company originated $228.9 million of such commitments, even while exiting approximately $80.0 million of non-strategic loans. The company's management remains focused on maintaining high credit quality within its diverse loan portfolio. This disciplined approach to lending, including commercial real estate, small business, residential mortgage, and consumer installment loans, is a primary driver for increasing net interest income.
  2. Growth in Core Deposits: A sustained increase in core deposits is anticipated to enhance funding stability and reduce the cost of funds, thereby supporting net interest income growth. In the third quarter of 2025, core deposits increased by $28.8 million, which strengthens the bank's funding position. A solid base of core deposits provides a reliable and generally lower-cost source of capital for lending activities compared to more volatile funding sources like brokered deposits, which saw a decrease in late 2024.
  3. Strategic Market and Branch Expansion: Geographic expansion and the establishment of new physical locations are key strategies for customer acquisition and increased market penetration. Burke & Herbert is actively pursuing expansion, evidenced by a new branch opened in Bethesda and strong performance in other markets such as Fredericksburg and Richmond. The company maintains a significant regional presence with over 77 branches and commercial loan offices across multiple states including northern Virginia, West Virginia, Delaware, Kentucky, and Maryland, and it foresees continued growth in these primary market areas. This expansion is intended to broaden its customer base for both deposit and loan products.
  4. Increased Non-Interest Income from Wealth Management and Trust Services: Diversifying revenue streams beyond traditional lending through growth in non-interest income is another anticipated driver. The company has demonstrated an ability to increase non-interest income, with higher fiduciary and wealth management fees contributing to an increase in total non-interest income in the third quarter of 2025 compared to the same period in 2024. Burke & Herbert offers comprehensive wealth management and trust services, including estate planning, fiduciary administration, retirement account management, and investment advisory services, which are expected to continue growing and contributing to overall revenue.

AI Analysis | Feedback

Share Repurchases

  • On April 25, 2025, Burke & Herbert Financial Services Corp. announced a share repurchase program authorizing the company to purchase up to $50.0 million of its common shares.

Share Issuance

  • The completion of a merger with Summit Financial Group, Inc. on May 3, 2024, resulted in an increase in average shares outstanding.
  • An employee stock purchase plan was introduced in 2023.
  • As of June 30, 2025, there was an issuance of common stock totaling $1,778 thousand.

Outbound Investments

  • On May 3, 2024, Burke & Herbert Financial Services Corp. completed a merger with Summit Financial Group, Inc., marking its first-ever merger with another financial institution.
  • This merger expanded the company's market presence and integrated Summit Community Bank into its operations.
  • The merger significantly increased the company's assets from $3.6 billion at the beginning of 2024 to $7.8 billion by the end of 2024.

Trade Ideas

Select ideas related to BHRB. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
13.5%13.5%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.1%3.1%-0.5%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.7%-4.7%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
6.7%6.7%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-10.3%-10.3%-12.1%

Recent Active Movers

More From Trefis

Peer Comparisons for Burke & Herbert Financial Services

Peers to compare with:

Financials

BHRBUBSITOWNWSBCFNBEGBNMedian
NameBurke & .United B.Towne Ba.Wesbanco F N B Eagle Ba. 
Mkt Price63.1139.5334.2334.2217.5821.0034.22
Mkt Cap0.95.62.63.36.30.63.0
Rev LTM3321,1787918731,680294832
Op Inc LTM-------
FCF LTM14448120024555539223
FCF 3Y Avg63446124178425134156
CFO LTM15449624526368044254
CFO 3Y Avg73459174194532136184

Growth & Margins

BHRBUBSITOWNWSBCFNBEGBNMedian
NameBurke & .United B.Towne Ba.Wesbanco F N B Eagle Ba. 
Rev Chg LTM64.4%14.3%17.5%49.3%7.6%-5.2%15.9%
Rev Chg 3Y Avg50.9%5.9%6.1%17.4%8.7%-6.1%7.4%
Rev Chg Q2.4%23.6%23.6%74.3%10.9%-10.3%17.2%
QoQ Delta Rev Chg LTM0.6%5.5%5.5%14.5%2.8%-2.7%4.1%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM46.3%42.1%30.9%30.1%40.5%15.2%35.7%
CFO/Rev 3Y Avg31.8%42.2%23.5%28.1%32.4%43.2%32.1%
FCF/Rev LTM43.5%40.8%25.3%28.1%33.0%13.4%30.6%
FCF/Rev 3Y Avg26.6%40.9%16.5%25.6%25.8%42.5%26.2%

Valuation

BHRBUBSITOWNWSBCFNBEGBNMedian
NameBurke & .United B.Towne Ba.Wesbanco F N B Eagle Ba. 
Mkt Cap0.95.62.63.36.30.63.0
P/S2.94.73.33.83.82.23.5
P/EBIT-------
P/E8.913.015.418.112.5-5.312.8
P/CFO6.211.310.712.59.314.311.0
Total Yield13.1%11.4%9.4%9.1%10.8%-17.3%10.1%
Dividend Yield1.8%3.7%2.9%3.6%2.8%1.6%2.8%
FCF Yield 3Y Avg9.0%9.7%5.7%8.3%9.0%20.5%9.0%
D/E0.60.10.10.50.50.20.3
Net D/E-0.1-0.9-0.40.2-0.4-2.4-0.4

Returns

BHRBUBSITOWNWSBCFNBEGBNMedian
NameBurke & .United B.Towne Ba.Wesbanco F N B Eagle Ba. 
1M Rtn-0.4%7.2%3.4%10.2%10.4%16.9%8.7%
3M Rtn1.8%7.4%-3.1%8.2%9.9%-1.2%4.6%
6M Rtn9.7%10.6%1.9%11.9%24.1%14.7%11.3%
12M Rtn2.2%8.5%3.0%7.9%22.9%-18.8%5.4%
3Y Rtn-10.8%22.5%6.6%51.4%-45.0%10.8%
1M Excs Rtn-5.0%2.6%-1.2%5.6%5.8%12.3%4.1%
3M Excs Rtn-2.6%2.3%-7.6%2.9%5.8%-5.5%-0.2%
6M Excs Rtn-2.2%-1.7%-10.6%-1.0%11.6%2.2%-1.4%
12M Excs Rtn-16.0%-8.0%-14.5%-8.6%8.2%-36.6%-11.6%
3Y Excs Rtn--62.5%-54.3%-70.3%-24.6%-121.8%-62.5%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023
Single Segment109120
Total109120


Price Behavior

Price Behavior
Market Price$63.11 
Market Cap ($ Bil)0.9 
First Trading Date04/26/2023 
Distance from 52W High-9.8% 
   50 Days200 Days
DMA Price$63.02$58.97
DMA Trendupup
Distance from DMA0.1%7.0%
 3M1YR
Volatility28.2%29.4%
Downside Capture45.64102.67
Upside Capture46.1089.22
Correlation (SPY)34.6%56.0%
BHRB Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.740.980.961.340.900.00
Up Beta0.711.481.752.060.63-0.17
Down Beta-0.770.970.840.920.99-0.06
Up Capture191%103%75%128%99%62%
Bmk +ve Days12253873141426
Stock +ve Days10182964118303
Down Capture44%74%84%127%110%102%
Bmk -ve Days7162452107323
Stock -ve Days9233361130341

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
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Based On 5-Year Data
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Based On 10-Year Data
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Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity259,534
Short Interest: % Change Since 111520251.7%
Average Daily Volume42,966
Days-to-Cover Short Interest6.04
Basic Shares Quantity15,021,852
Short % of Basic Shares1.7%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/23/20251.2%-3.0%4.8%
7/24/2025-0.9%-8.6%1.3%
4/25/20250.5%8.8%9.1%
1/24/20252.0%3.1%0.9%
10/25/2024-3.5%-1.7%8.6%
7/26/20247.3%0.4%5.5%
4/26/20240.8%-4.8%-9.1%
1/26/2024-2.6%-2.2%-8.7%
...
SUMMARY STATS   
# Positive538
# Negative683
Median Positive1.2%3.1%4.8%
Median Negative-2.9%-2.6%-8.7%
Max Positive7.3%8.8%9.1%
Max Negative-4.4%-8.6%-9.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251107202510-Q 9/30/2025
6302025808202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024317202510-K 12/31/2024
93020241113202410-Q 9/30/2024
6302024813202410-Q 6/30/2024
3312024510202410-Q 3/31/2024
12312023322202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023811202310-Q 6/30/2023
3312023531202310-Q 3/31/2023

Insider Activity

Expand for More
 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0McLaughlin Shawn Patrick 10282025Buy61.001,00061,0004,087,000Form