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National Bank Holdings vs Burke & Herbert Financial Services: NBHC and BHRB compared
National Bank Holdings is the larger company: $126M of revenue in its latest quarter (Q3 2026) against $120M for Burke & Herbert Financial Services (Q3 2026). Burke & Herbert Financial Services is growing faster (+40% against +16% a year earlier). Burke & Herbert Financial Services is more profitable, with an operating margin of 37.2% against -9.5%.
Where the money goes: NBHC and BHRB
National Bank Holdings (NBHC) · Q3 2026
National Bank Holdings, Q3 2026: revenue $126M (+16% year over year), operating margin -9.5%, net loss $8.8M, operating cash flow $66.1M. The chart follows the revenue to costs, profit and cash.
Burke & Herbert Financial Services (BHRB) · Q3 2026
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.
| National Bank Holdings (NBHC) | Burke & Herbert Financial Services (BHRB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $126M | $120M |
| Revenue growth, Y/Y | +16% | +40% |
| Operating margin | -9.5% | 37.2% |
| Net earnings | −$8.8M | $36.4M |
| Net margin | -6.9% | 30.4% |
| Operating cash flow | $66.1M | $42.3M |
Where the revenue comes from
Burke & Herbert Financial Services
- Net interest income: $105M (88%)
- Noninterest income: $14.7M (12%)
Questions
Which is bigger, National Bank Holdings or Burke & Herbert Financial Services?
National Bank Holdings is the larger company: $126M of revenue in its latest quarter (Q3 2026) against $120M for Burke & Herbert Financial Services (Q3 2026).
Is National Bank Holdings or Burke & Herbert Financial Services growing faster?
Burke & Herbert Financial Services is growing faster (+40% against +16% a year earlier).
Which is more profitable, National Bank Holdings or Burke & Herbert Financial Services?
Burke & Herbert Financial Services is more profitable, with an operating margin of 37.2% against -9.5%.
More: National Bank Holdings earnings · how National Bank Holdings makes money · Burke & Herbert Financial Services earnings · how Burke & Herbert Financial Services makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.