Filing Flows › Burke & Herbert Financial Services (BHRB) › Q3 2026
Burke & Herbert Financial Services (BHRB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Burke & Herbert Financial Services (BHRB) reported revenue of $120M for the third quarter 2026 (Q3 2026), +40% from a year earlier and +12% from the quarter before. Operating margin was 37.2%, net earnings $36.4M (30.4% of revenue).
Burke & Herbert Financial Services, Q3 2026: revenue $120M (+40% year over year), operating margin 37.2%, net earnings $36.4M, operating cash flow $42.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $120M | +12% | +40% |
| Operating profit | $44.6M | +271% | +20% |
| Net earnings | $36.4M | +284% | +21% |
| Operating cash flow | $42.3M | 135× | +8% |
What changed
Revenue was $119.7M in Q3 2026, up 40% year over year and up 12% from the previous quarter. Net interest income was the largest line at 88% of revenue. Net interest income added $31.2M year over year (up 42%), 91% of the total change.
Operating profit was $44.6M, a 37.2% margin (down 6.1 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, below the 43% margin then. Total costs grew 55% against revenue growth of 40%. Net earnings were $36.4M, up 21% year over year. The effective tax rate was 18.3%.
Operating cash flow was $42.3M (up 8% year over year), 116% of net earnings. Non-cash charges added back $2.2M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of −$1.2M left free cash flow of $43.5M.
Questions
What was Burke & Herbert Financial Services' revenue in the third quarter 2026?
Burke & Herbert Financial Services (BHRB) reported revenue of $120M for the third quarter 2026 (Q3 2026), +40% from a year earlier and +12% from the quarter before.
Was Burke & Herbert Financial Services profitable in the third quarter 2026?
Operating profit was $44.6M (37.2% of revenue) and net earnings $36.4M.
Source: Burke & Herbert Financial Services 10-Q on SEC EDGAR.