New insider activity at Burke & Herbert Bank & Company ( (BHRB) ) has taken place on March 14, 2025.
Director Julian Forrest Jr. Barnwell has made a significant investment by purchasing 1,140 shares of Burke & Herbert Bank & Company stock, amounting to a total value of $66,553.
Recent Updates on BHRB stock
In the last 24 hours, Burke & Herbert Financial Services experienced notable developments, including a price target adjustment by Keefe Bruyette, which lowered the target from $79 to $76. This change was influenced by the company’s recent Q4 earnings report, which showed a significant increase in earnings per share to $1.77 from $0.83 the previous year, despite a slight decrease in net interest margin to 3.91%. The company also completed a merger with Summit Financial Group, which is expected to enhance operational scale and capabilities. Additionally, Burke & Herbert declared a $0.55 per share cash dividend and reported strong liquidity and deposit figures. These factors contributed to the revised price target and the company’s optimistic outlook on leveraging merger benefits and liquidity for future growth.
More about Burke & Herbert Bank & Company
YTD Price Performance: -5.03%
Average Trading Volume: 55,120
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $864.1M