Burke & Herbert Financial Services

Q2 FY2026 EarningsQ2 2026 GAAP net income was $9.3M, down 65.8% QoQ, primarily due to $32.4M in pre-tax merger-related expenses from the LINKBANCORP (LNKB) acquisition. Adjusted operating net income reached $37.5M, up 32.7% QoQ, with adjusted diluted EPS at $2.03. Total assets surged to $11.0B following the May 1 merger, while the Net Interest Margin (FTE) expanded to 4.15% (+6bps QoQ). Asset quality remained stable with a 1.2% allowance-to-loan ratio.