Burke & Herbert Financial Services Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 6, 2026, reporting consolidated total assets of $11.034 billion and net income of $36.387 million for the third quarter.

Key Highlights

  • Total assets: $11.034 billion as of September 30, 2026, up from $7.921 billion at December 31, 2025, according to the filing.
  • Q3 net income: $36.387 million for the three months ended September 30, 2026, compared to $29.964 million in the same period of 2025.
  • Net interest income: $105.016 million for Q3 2026, versus $73.770 million in Q3 2025, as reported in the filing.
  • Diluted EPS: $1.78 per common share for the three months ended September 30, 2026, compared to $1.97 in Q3 2025.
  • Total loans: $8.062 billion at September 30, 2026, versus $5.388 billion at December 31, 2025.
  • Shares outstanding: 20,193,681 shares of common stock as of November 3, 2026, the filing stated.
  • Total deposits: $8.956 billion at September 30, 2026, up from $6.404 billion at December 31, 2025.

Burke & Herbert Reports Q3 2026 Financial Results and Expanded Balance Sheet

According to the filing, Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) reported total assets of $11.034 billion as of September 30, 2026, a substantial increase from $7.921 billion at December 31, 2025. The company disclosed that total loans grew to $8.062 billion from $5.388 billion over the same period, while the allowance for credit losses stood at $92.473 million. Net loans were reported at $7.969 billion. Total deposits reached $8.956 billion, with interest-bearing deposits of $6.940 billion and non-interest-bearing deposits of $2.016 billion.

The filing reported net interest income of $105.016 million for the three months ended September 30, 2026, compared to $73.770 million for the same quarter a year earlier. Total interest income for Q3 2026 was $154.724 million, while total interest expense was $49.708 million. For the nine months ended September 30, 2026, net interest income was $269.901 million versus $220.990 million in the prior-year period. The company disclosed total non-interest income of $14.722 million for Q3 2026, with fiduciary and wealth management fees of $3.347 million and bank debit and other card revenue of $3.625 million among the components.

Non-interest expense for the three months ended September 30, 2026, was reported at $74.477 million, up from $48.092 million in Q3 2025. Salaries and wages represented the largest component at $32.816 million. The filing disclosed net income applicable to common shares of $36.162 million for Q3 2026, with basic earnings per common share of $1.79 and diluted earnings per common share of $1.78. Total shareholders' equity was $1.154 billion at September 30, 2026. Goodwill increased to $118.345 million from $34.149 million at year-end 2025, and intangible assets rose to $74.402 million from $41.747 million.

What Was Disclosed

Burke & Herbert Financial Services Corp. filed its unaudited quarterly report covering the period ended September 30, 2026, disclosing consolidated balance sheet growth, income statement results for both the three- and nine-month periods, and updated share count and equity figures.