BHRBNasdaqNational Commercial BanksFiscal year ends December 31
Burke & Herbert Financial Services Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$69.09−0.60 (-0.86%)
Close on Oct 19, 2026
- Market cap
- $1.28B
- P/E (TTM)
- 11.1
- Dividend yield
- 3.18%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
44.7%
9M of 20M shares
Institutional holders
207
65 new, 17 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
13 buys · 8 sales
Net bought $598.70K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 472,902 | 6.40% | 13G (passive) | Dec 31, 2023 |
| Kenneth R. Lehman | 1,178,496 | 5.85% | 13G (passive) | May 1, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BHRB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,218,420 | 6.04% | $87.56M | +235,661 | 0.00% |
| Vanguard Capital Management LLC | 750,129 | 3.72% | $53.90M | +187,914 | 0.00% |
| State Street Corp | 557,547 | 2.76% | $40.07M | +153,679 | 0.00% |
| American Century Companies Inc | 489,212 | 2.42% | $35.15M | +146,743 | 0.02% |
| Geode Capital Management, LLC | 462,137 | 2.29% | $33.21M | +82,494 | 0.00% |
| Endeavour Capital Advisors Inc | 459,176 | 2.27% | $33.00M | +153,987 | 6.77% |
| Dimensional Fund Advisors LP | 452,257 | 2.24% | $32.50M | +84,309 | 0.01% |
| Alliancebernstein L.P. | 325,388 | 1.61% | $20.27M | +279,972 | 0.01% |
| Hutchinson Capital Management/Ca | 259,080 | 1.28% | $18.62M | +1,000 | 3.19% |
| Burke & Herbert Bank & Trust Co | 217,742 | 1.08% | $15.65M | −3,929 | 3.88% |
| Goldman Sachs Group Inc | 172,880 | 0.86% | $12.42M | −10,253 | 0.00% |
| Northern Trust Corp | 151,090 | 0.75% | $10.86M | +32,393 | 0.00% |
| Vanguard Portfolio Management LLC | 146,645 | 0.73% | $10.54M | +12,670 | 0.00% |
| Charles Schwab Investment Management Inc | 138,438 | 0.69% | $9.95M | +28,259 | 0.00% |
| Citadel Advisors LLC | 125,036 | 0.62% | $8.99M | +115,940 | 0.00% |
| Bridgeway Capital Management, LLC | 116,041 | 0.57% | $8.34M | +13,161 | 0.15% |
| Vanguard Fiduciary Trust Co | 111,057 | 0.55% | $7.98M | +25,565 | 0.00% |
| Bank of New York Mellon Corp | 105,134 | 0.52% | $7.55M | +17,005 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 104,444 | 0.52% | $7.51M | +2,800 | 0.02% |
| Two Sigma Investments, LP | 96,630 | 0.48% | $6.94M | +49,345 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 207 | 9M | 44.7% | 65 / 94 | 27 / 17 | 3M | 1M |
| Q1 2026 | 163 | 7M | 33.6% | 29 / 49 | 48 / 18 | 2M | 0M |
| Q4 2025 | 154 | 6M | 29.5% | 17 / 47 | 51 / 10 | 1M | 0M |
| Q3 2025 | 148 | 6M | 28.9% | 27 / 61 | 32 / 14 | 1M | 0M |
| Q2 2025 | 136 | 5M | 27.0% | 19 / 49 | 33 / 18 | 0M | 0M |
| Q1 2025 | 136 | 5M | 25.8% | 30 / 34 | 37 / 12 | 1M | 1M |
| Q4 2024 | 119 | 5M | 25.8% | 19 / 38 | 29 / 6 | 0M | 0M |
| Q3 2024 | 108 | 5M | 24.9% | 18 / 38 | 26 / 13 | 2M | 0M |
| Q2 2024 | 105 | 5M | 23.0% | 54 / 35 | 6 / 3 | 3M | 0M |
| Q1 2024 | 54 | 2M | 9.4% | 4 / 13 | 17 / 6 | 0M | 0M |
| Q4 2023 | 56 | 2M | 9.8% | 9 / 21 | 11 / 4 | 0M | 0M |
| Q3 2023 | 51 | 2M | 9.5% | 6 / 19 | 12 / 7 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BHRB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 539,486 | 2.67% | $38.77M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 415,702 | 2.06% | $29.87M | 0.04% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 354,567 | 1.76% | $22.55M | 0.08% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 193,375 | 0.96% | $13.90M | 0.01% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 180,173 | 0.89% | $12.95M | 0.27% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 168,402 | 0.83% | $12.34M | 0.04% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 144,607 | 0.72% | $10.39M | 0.07% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 87,715 | 0.43% | $5.58M | 0.01% | May 31, 2026 |
| U.S. Small Cap Value Portfolio | 86,659 | 0.43% | $6.35M | 0.03% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 84,277 | 0.42% | $5.36M | 0.03% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 80,617 | 0.40% | $5.13M | 0.02% | May 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 71,532 | 0.35% | $5.14M | 0.22% | Jun 30, 2026 |
| Dimensional U.S. Small Cap ETF | 62,486 | 0.31% | $4.58M | 0.03% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 57,043 | 0.28% | $4.18M | 0.02% | Jul 31, 2026 |
| iShares Micro-Cap ETF | 51,782 | 0.26% | $3.72M | 0.24% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| H. Charles Maddy Iii | President, Director | 87,321 | 0.43% | Aug 12, 2026 |
| David P. Boyle | Chair & CEO, Director | 65,184 | 0.32% | Jul 29, 2026 |
| Shannon Barrow Rowan | EVP, Wealth Services | 4,975 | 0.02% | Sep 29, 2026 |
| Jennifer Palmer Schmidt | EVP, Chief Risk Officer | 4,592 | 0.02% | Sep 29, 2026 |
| Lauren N. Kimlel | EVP, Retail Banking | 3,713 | 0.02% | Sep 29, 2026 |
| Robert Victor Hintelmann Jr. | Chief Credit Officer | 8,550 | 0.04% | Sep 29, 2026 |
| Patrick Kip Huffman | SVP, Chief Accounting Officer | 2,665 | 0.01% | Sep 29, 2026 |
| Kirtan Parikh | EVP, Chief Financial Officer | 6,979 | 0.03% | Sep 29, 2026 |
| Danyl R. Freeman | Chief Human Resources Officer | 10,790 | 0.05% | Aug 12, 2026 |
| Robert S. Tissue | EVP, Balance Sheet Strategy | 62,915 | 0.31% | Aug 3, 2026 |
| Bradford E. Ritchie | EVP, Chief Lending Officer | 25,827 | 0.13% | Jul 20, 2026 |
| Angela R. Zirk | EVP, Chief Experience Officer | 5,215 | 0.03% | Jul 2, 2026 |
| Carl D. Lundblad | EVP, Chief Operating Officer | 28,382 | 0.14% | Jun 5, 2026 |
| Roy Eugene Halyama | EVP, Chief Financial Officer | 21,054 | 0.10% | May 4, 2026 |
| Joseph Hager | Chief Operating Officer | 8,810 | 0.04% | Feb 19, 2026 |
| Julie R. Markwood | Chief Accounting Officer | 9,347 | 0.05% | Mar 11, 2025 |
| Georgette R. George | Director | 142,571 | 0.71% | Aug 21, 2026 |
| David Wilson | Director | 73,327 | 0.36% | Aug 20, 2026 |
| James P. Geary II | Director | 47,562 | 0.24% | Aug 18, 2026 |
| Diane Poillon | Director | 4,128 | 0.02% | Aug 14, 2026 |
| James Mason Burke | Director | 267,960 | 1.33% | Aug 12, 2026 |
| Shawn Patrick McLaughlin | Director | 72,000 | 0.36% | Aug 6, 2026 |
| Katherine Diane Bonnafe | Director | 8,200 | 0.04% | Aug 5, 2026 |
| Julian Forrest Barnwell Jr. | Director | 412,963 | 2.05% | Aug 4, 2026 |
| Mark Guthrie Anderson | Director | 28,700 | 0.14% | Jun 22, 2026 |
| Jose David Riojas | Director | 32,500 | 0.16% | Jun 22, 2026 |
| Samuel Laing Hinson III | Director | 93,202 | 0.46% | Jun 22, 2026 |
| Charles Piccirillo | Director | 26,482 | 0.13% | Jun 22, 2026 |
| Kristen Snyder | Director | 9,418 | 0.05% | Jun 22, 2026 |
| Jill S. Upson | Director | 2,000 | 0.01% | May 21, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Patrick Kip Huffman SVP, Chief Accounting Officer | Aug 31, 2026 | Award | +111 | $54.77 | $6.08K | 2,665 |
| Robert Victor Hintelmann Jr. Chief Credit Officer | Aug 31, 2026 | Award | +76 | $54.77 | $4.16K | 8,550 |
| Lauren N. Kimlel EVP, Retail Banking | Aug 31, 2026 | Award | +134 | $54.77 | $7.34K | 3,713 |
| Jennifer Palmer Schmidt EVP, Chief Risk Officer | Aug 31, 2026 | Award | +160 | $54.77 | $8.76K | 4,592 |
| Shannon Barrow Rowan EVP, Wealth Services | Aug 31, 2026 | Award | +63 | $54.77 | $3.45K | 4,975 |
| Kirtan Parikh EVP, Chief Financial Officer | Aug 31, 2026 | Award | +126 | $54.77 | $6.90K | 6,979 |
| Georgette R. George Director | Aug 21, 2026 | Inheritance | +9,858 | – | – | 9,858 |
| David Wilson Director | Aug 20, 2026 | Buy | +35 | $70.57 | $2.47K | 435 |
| James P. Geary II Director | Aug 14, 2026 | Sale | −2,887 | $72.82 | $210.23K | 9,457 |
| James P. Geary II Director | Aug 14, 2026 | Sale | −263 | $72.91 | $19.18K | 12,344 |
| Diane Poillon Director | Aug 12, 2026 | Buy | +1,200 | $73.67 | $88.40K | 4,128 |
| James Mason Burke Director | Aug 11, 2026 | Sale | −1,500 | $73.03 | $109.55K | 258,480 |
| Shawn Patrick McLaughlin Director | Aug 6, 2026 | Buy | +1,000 | $73.25 | $73.25K | 71,000 |
| David Wilson Director | Aug 4, 2026 | Buy | +34 | $73.69 | $2.51K | 232 |
| Julian Forrest Barnwell Jr. Director | Aug 4, 2026 | Other | +91,361 | – | – | 91,361 |
| Julian Forrest Barnwell Jr. Director | Aug 4, 2026 | Other | −91,361 | – | – | 0 |
| James P. Geary II Director | Aug 3, 2026 | Sale | −0 | $73.93 | $0 | 12,607 |
| Katherine Diane Bonnafe Director | Aug 3, 2026 | Sale | −1,000 | $73.65 | $73.65K | 8,200 |
| James P. Geary II Director | Aug 3, 2026 | Sale | −3,150 | $73.93 | $232.88K | 9,457 |
| Georgette R. George Director | Aug 3, 2026 | Sale | −1,000 | $73.67 | $73.67K | 38,321 |
| David Wilson Director | Jul 31, 2026 | Gift | −100 | – | – | 23,348 |
| David Wilson Director | Jul 31, 2026 | Buy | +100 | $73.68 | $7.37K | 23,448 |
| Robert S. Tissue EVP, Balance Sheet Strategy | Jul 30, 2026 | Option exercise | +8,684 | $43.33 | $376.28K | 62,542 |
| Robert S. Tissue EVP, Balance Sheet Strategy | Jul 30, 2026 | Option exercise | +8,436 | $52.29 | $441.12K | 70,978 |
| Robert S. Tissue EVP, Balance Sheet Strategy | Jul 30, 2026 | Tax withholding | −12,914 | $73.63 | $950.86K | 58,064 |
| Danyl R. Freeman Chief Human Resources Officer | Jul 29, 2026 | Tax withholding | −2,003 | $74.08 | $148.38K | 4,684 |
| Danyl R. Freeman Chief Human Resources Officer | Jul 29, 2026 | Tax withholding | −2,002 | $74.08 | $148.31K | 4,685 |
| Danyl R. Freeman Chief Human Resources Officer | Jul 29, 2026 | Option exercise | +2,836 | $43.33 | $122.88K | 6,687 |
| David P. Boyle Chair & CEO, Director | Jul 28, 2026 | Gift | −1,752 | – | – | 65,184 |
| Robert S. Tissue EVP, Financial Strategy | Jul 17, 2026 | Option exercise | +4,110 | $51.58 | $211.99K | 63,635 |
| Robert S. Tissue EVP, Financial Strategy | Jul 17, 2026 | Tax withholding | −9,777 | $72.85 | $712.25K | 53,858 |
| Robert S. Tissue EVP, Financial Strategy | Jul 17, 2026 | Option exercise | +8,599 | $47.47 | $408.19K | 59,525 |
| Bradford E. Ritchie EVP, Chief Lending Officer | Jul 16, 2026 | Option exercise | +2,749 | $51.58 | $141.79K | 25,827 |
| Bradford E. Ritchie EVP, Chief Lending Officer | Jul 16, 2026 | Tax withholding | −2,222 | $70.76 | $157.23K | 23,605 |
| Angela R. Zirk EVP, Chief Experience Officer | Jul 1, 2026 | Tax withholding | −1,051 | $72.79 | $76.50K | 3,287 |
| Angela R. Zirk EVP, Chief Experience Officer | Jul 1, 2026 | Option exercise | +1,468 | $43.33 | $63.61K | 4,338 |
| H. Charles Maddy Iii President, Director | Jun 29, 2026 | Tax withholding | −18,521 | $71.34 | $1.32M | 50,845 |
| H. Charles Maddy Iii President, Director | Jun 29, 2026 | Option exercise | +7,901 | $51.58 | $407.53K | 54,543 |
| H. Charles Maddy Iii President, Director | Jun 29, 2026 | Option exercise | +14,823 | $52.29 | $775.09K | 69,366 |
| H. Charles Maddy Iii President, Director | Jun 29, 2026 | Tax withholding | −18,354 | $71.44 | $1.31M | 51,012 |
| H. Charles Maddy Iii President, Director | Jun 25, 2026 | Tax withholding | −12,545 | $67.85 | $851.18K | 46,477 |
| H. Charles Maddy Iii President, Director | Jun 25, 2026 | Option exercise | +15,934 | $47.47 | $756.39K | 59,022 |
| H. Charles Maddy Iii President, Director | Jun 25, 2026 | Tax withholding | −12,380 | $69.29 | $857.81K | 46,642 |
| Mark Guthrie Anderson Director | Jun 19, 2026 | Award | +1,000 | – | – | 28,700 |
| Julian Forrest Barnwell Jr. Director | Jun 19, 2026 | Award | +1,000 | – | – | 27,580 |
| Charles Piccirillo Director | Jun 19, 2026 | Award | +1,000 | – | – | 21,320 |
| James P. Geary II Director | Jun 19, 2026 | Award | +1,000 | – | – | 34,468 |
| Shawn Patrick McLaughlin Director | Jun 19, 2026 | Award | +1,000 | – | – | 70,000 |
| James Mason Burke Director | Jun 19, 2026 | Award | +1,000 | – | – | 9,480 |
| Katherine Diane Bonnafe Director | Jun 19, 2026 | Award | +1,000 | – | – | 9,200 |
| Georgette R. George Director | Jun 19, 2026 | Award | +1,000 | – | – | 22,971 |
| David Wilson Director | Jun 19, 2026 | Award | +1,000 | – | – | 23,348 |
| Jose David Riojas Director | Jun 19, 2026 | Award | +1,000 | – | – | 12,500 |
| Kristen Snyder Director | Jun 19, 2026 | Award | +1,000 | – | – | 9,418 |
| Samuel Laing Hinson III Director | Jun 19, 2026 | Award | +1,000 | – | – | 28,560 |
| Diane Poillon Director | Jun 19, 2026 | Award | +1,000 | – | – | 2,928 |
| Carl D. Lundblad EVP, Chief Operating Officer | Jun 3, 2026 | Award | +6,444 | – | – | 26,672 |
| Julian Forrest Barnwell Jr. Director | Jun 3, 2026 | Buy | +5,000 | $62.76 | $313.80K | 26,580 |
| James Mason Burke Director | May 27, 2026 | Other | +1,000 | – | – | 259,980 |
| James Mason Burke Director | May 27, 2026 | Other | −1,000 | – | – | 8,480 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| James P. Geary II Director | Aug 14, 2026 | 3,150 | $230.19K | Aug 14, 2026 | Purchased |
| James Mason Burke Director | Aug 11, 2026 | 3,000 | $219.60K | Aug 11, 2026 | Equity Compensation |
| Katherine Diane Bonnafe Director | Aug 6, 2026 | 1,000 | $73.65K | Aug 3, 2026 | Stock Award |
| James Mason Burke Director | Oct 31, 2024 | 2,000 | $130.02K | Oct 31, 2024 | Employee Compensation |
| James Mason Burke Director | Aug 12, 2024 | 2,000 | $133.62K | Jul 31, 2024 | Employee Compensation |