Burke & Herbert Financial Services Corp. (BHRB)
NASDAQ (CM) NASDAQ (CM) Primary 
All You Need to Know About Burke & Herbert (BHRB) Rating Upgrade to Buy
Burke & Herbert (BHRB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Burke & Herbert Financial Services (BHRB) Beats Q3 Earnings Estimates
Burke & Herbert Financial Services (BHRB) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.98 per share a year ago.
Burke & Herbert Financial Services (BHRB) Q2 Earnings and Revenues Beat Estimates
Burke & Herbert Financial Services (BHRB) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $2.04 per share a year ago.
Burke & Herbert: Merger Has Made It More Balanced And Now It Is Undervalued
BHRB's merger with Summit Financial Group created a more balanced, resilient bank with reduced unrealized losses and improved loan portfolio diversification. Despite a solid deposit base and strong net interest margin, post-merger deposit costs and uninsured deposits have risen, slightly weakening the bank's liability profile. The stock trades at a 20% discount to its historical price-to-tangible book value, making it undervalued given its improved fundamentals and sustainable 3.89% dividend yield.
Best Income Stocks to Buy for February 21st
MWA and BHRB made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 21, 2024.
