Burke & Herbert Q3 net income $36.2 million, $1.78 a share, up from $9.3 million
Burke & Herbert Financial Services reported third quarter 2026 net income applicable to common shares of $36.2 million, or $1.78 per diluted share, compared with $9.3 million, or $0.50 per diluted share, in the second quarter. Adjusted diluted EPS, which excludes merger-related items, was $2.14, up from $2.03, and the board declared a $0.55 per share quarterly dividend. Nonperforming loans rose to $108.0 million, which the company said reflects a limited number of isolated credits.
Key points
- Net interest income was $105.0 million, up from $93.0 million, reflecting a full quarter of LINKBANCORP results after the May 1, 2026 merger.
- Non-interest expense fell to $74.5 million from $93.5 million; adjusted non-interest expense rose to $65.3 million from $61.1 million.
- Nonperforming loans increased $12.7 million to $108.0 million, or 1.34% of total loans; the company does not currently expect material charge-offs.
- Dividend of $0.55 per share is payable December 1, 2026, to shareholders of record as of November 13, 2026.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.