BHRB Burke & Herbert Financial Services Corp. Common Stock
XNAS
63.73
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
BHRB
$63.73
—
What changed
Recent filings, trades and movesKey stats
$63.73
- 52-Week Range
- $59.00 – $75.08
- YTD
- +3.17%
- Straddle Price
- $7.47
- P/C Vol Ratio (Oct 18 expiry)
- 2.00
- Market Cap
- $1.4B
- Open
- $70.75
- Day Range
- $70.26 – $71.23
- Volume
- 62,163
- Prev Close
- $69.88
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 0.66 |
| Cost of Equity (CAPM) | 8.20% |
| WACC | 8.04% |
| Effective Tax Rate | 19.2% |
| Rev. Growth (YoY, DCF input) | -5.2% |
| DCF Horizon | 12 years explicit + fade |
| Free Cash Flow (TTM) | $0.1B |
| Return on Equity (TTM) | 8.0% |
| Book / Price | 81.8% — banking bias active (P/B is primary) |
| Bank Quality Adj | ×0.79 (target ROE vs peer median) |
| Gross Margin (TTM) | 70.3% |
| FCF Margin (TTM) | 17.7% |
| Debt / Equity | 0.10 |
| Quality Score | 4/6 — high quality (12y DCF) |
| Market-Implied Growth | -3.2% (reverse-DCF on current price) |
| SMA 50 | $70.24 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $70.25 |
| Bollinger Width / SMA20 | 5.2% (drives anchor stability) |
| Net Debt | $0.0B |
| Market Cap | $1B |
Peers used for multiples: CATY, CBSH, EBC, FULT, HWC, UBSI, WTFC
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
1%
20-Day Fair Value
≈ by Dec 8, 2026
$70.39
α -0.8%
rank 6%
conviction
56%
40-Day Fair Value
≈ by Jan 6, 2027
$71.33
α +0.5%
rank 9%
conviction
20%
60-Day Fair Value
≈ by Feb 4, 2027
$71.00
α +0.0%
rank 5%
conviction
1%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $61.33 | 21% | |
| DDM (Gordon) | $19.53 | 17% | |
| Peer P/E | $77.95 | 6% | median 12.8× · 7 peers |
| Peer EV/EBITDA | n/a | 0% | median 11.5× · 7 peers |
| Peer P/B | $73.70 | 10% | median 1.3× · 7 peers |
| Peer P/S | $77.60 | 3% | median 3.0× · 7 peers |
| Market Anchor (SMA50) | $70.24 | 43% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- NATIONAL COMMERCIAL BANKS (6021) · industry map
- Exchange
- XNAS
- Market Cap
- $1.4B
- Employees
- 1,051
- List Date
- 1995-02-01
- CIK
- 0001964333
- Last Earnings
- Jul 23
- Headquarters
- Alexandria, VA
- Homepage
- https://www.burkeandherbertbank.com
Burke & Herbert Financial Services Corp is the bank holding company. Through its subsidiary, it predominantly serves small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals with various banking products and financial services. Some of its products and service offerings include checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential mortgage, acquisition, construction, and development loans, online banking,…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | 0.00% | 0.07% | -6.95% | 6.30% | 6.01% | 1.09% |
| Feb | -- | 1.14% | 10.18% | -8.02% | -1.39% | -3.66% | -0.35% |
| Mar | -- | 0.22% | -5.28% | 1.39% | -11.20% | -4.78% | -3.93% |
| Apr | -- | -1.57% | 8.84% | -4.50% | -0.16% | 3.11% | 1.14% |
| May | -- | -7.27% | 0.06% | -4.13% | 2.04% | -1.61% | -2.18% |
| Jun | -- | 0.00% | -21.71% | 3.30% | 6.13% | 14.12% | 0.37% |
| Jul | -- | 1.30% | -14.30% | 36.00% | -5.23% | 0.73% | 3.70% |
| Aug | -- | 6.10% | -9.61% | 3.03% | 11.88% | -3.18% | 1.64% |
| Sep | -- | 4.55% | -8.39% | -6.02% | -2.05% | -2.87% | -2.96% |
| Oct | -- | 0.21% | -3.43% | 8.13% | -3.05% | 2.34% | 0.84% |
| Nov | -- | 16.47% | 6.47% | 10.14% | 10.11% | -1.46%* | 8.35% |
| Dec | 0.00% | -0.77% | 26.66% | -11.28% | -4.81% | -- | 1.96% |
| Total | 0.00% | 20.40% | -17.71% | 14.19% | 6.21% | 7.55% | 5.11% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $70.31
SMA 50: $70.23
SMA 200: $67.65
Current: $70.97
EMA 12: $70.58
EMA 26: $70.36
MACD: 0.2201 | Signal: 0.0229
BULLISH
ADX (14): 15.12
RANGE
+DI: 13.07
−DI: 21.01
Momentum Oscillators
RSI (14): 52.79
NEUTRAL
Stoch %K: 36.08
Stoch %D: 44.90
Williams %R: -50.19
Volume & Volatility
BB Upper: $72.14
BB Lower: $68.47
NEUTRAL
OBV: 3,126,056
Vol SMA 20: 133,500
Vol ROC: -47.97%
ATR: $1.93
True Range: $1.35
HV 20: 25.0%
HV 30: 21.7%
HV 60: 18.4%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before BHRB’s Oct 22 earnings report, so it doesn’t reflect the results.
Here is the stock analysis report for BHRB:
Executive Summary
Overall assessment: NEUTRAL with confidence level 6/10
Key drivers and primary risks: The recent merger news has driven the stock price up, but the options market indicates a high probability of mean reversion. The technical indicators are neutral, with some bullish signals from the MACD histogram.
Investment thesis: BHRB is likely to experience volatility as the market digests the merger news. A trading range may form, offering opportunities for intraday swings.
Recent news sentiment impact: The positive news headlines have contributed to the stock price increase.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Uptrend due to recent price action Medium-term (1-3 months): Neutral due to MACD signal line crossing above Long-term (3-12 months): Bearish due to beta and volatility indicators
Support/Resistance Levels:
- Upper Bollinger Band: $64.57
- Lower Bollinger Band: $61.45
- Trend Line Support: $63.01 (SMA 20)
- Trend Line Resistance: $63.41 (SMA 200)
Momentum Signals:
- RSI interpretation: Neutral, as the value is close to the mid-point (52.81)
- MACD signal line crossover above = bullish momentum
- Bollinger Bands position: Squeeze (neutral) due to recent price action
Volume Analysis:
- Volume SMA 20: 144653.80
- On-Balance Volume (OBV): 1046389.25
- Volume Rate of Change: -18.39% (indicating a decline in volume)
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines have been predominantly positive, with two merger-related announcements.
Sentiment Assessment: Positive sentiment dominates, but the negative news headlines about shareholder lawsuits and insider buying may indicate some caution.
Catalyst Identification: The upcoming regulatory approvals and closing date for the merger could be a key catalyst.
Market Narrative: The technical signals are mixed, with bullish momentum from the MACD histogram but bearish pressure from the trend line resistance. The options market indicates mean reversion, which may lead to intraday swings.
Risk & Volatility Assessment
Beta Interpretation: Moderate risk relative to the market (beta 0.90)
Volatility Regime: Current volatility is low compared to historical levels
Options Market Signals:
- IV rank: Low (0.0%)
- Put/call ratios: Bearish sentiment
- Unusual activity: None significant
Downside Protection: Support level at $61.45 (lower Bollinger Band) could provide some cushioning.
Market Context & Positioning
Sector Performance: The financial sector has been performing well, which may support the stock price.
Institutional Activity: Volume patterns suggest institutional interest, but the options market indicates mean reversion.
Correlation Analysis: The correlation with the SPY is moderate (0.42), indicating some sensitivity to market movements.
Relative Valuation: BHRB appears relatively undervalued within its trading range.
Key Levels & Action Items
Critical Price Levels:
- Support level at $61.45 (lower Bollinger Band)
- Resistance level at $64.57 (upper Bollinger Band)
Breakout/Breakdown Levels:
- Trend line resistance at $63.41 (SMA 200)
- Trend line support at $63.01 (SMA 20)
Time-Sensitive Catalysts: The upcoming regulatory approvals and closing date for the merger could be a key catalyst.
Risk Management: A stop-loss level at $61.45 (lower Bollinger Band) may provide some cushioning, and position sizing considerations should be made based on risk tolerance.
Please note that this is a hypothetical analysis report, and actual results may vary depending on various market factors and uncertainties.
Generated
News
All BHRB news →
Earnings History
1 of 1 under expected move
Avg Expected Move
15.67%
Avg Actual Move
7.27%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2024-07-26 | Pre-Market | 15.67% | 7.27% | 0.46x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
BHRB Options Activity & IV Rank
Volatility Metrics
Current IV: —
7-DTE IV: —
Expected Move: $7.47
7-DTE Move: $7.47
Days to Exp: — (2024-10-18)
Options Flow · Oct 18 expiry
Call Volume: 1
Put Volume: 2
P/C Volume: 2.0
BEARISH
Call OI: 7
Put OI: 42
P/C OI: 6.0
Total OI: 49
ATM Options Pricing
ATM Call: $0.12
ATM Put: $7.35
Call %: 0.2%
Put %: 11.5%
Chain Summary
Chain Volume: 3
Chain OI: 49
Last Updated: 10/18/2024
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 16 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 16 · No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)$7.47Oct 18
Beta Analysis
Risk Metrics
Beta: 0.4162
Alpha: 13.45%
Correlation: 0.2570
R-Squared: 6.6%
Stock Volatility: 22.3%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own BHRB
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $9.0M | #1660 of 6285 | +1274.6% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $1.8M | #2639 of 3716 | +194.2% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $1.5M | #2120 of 3138 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
BHRB Institutional Ownership (13F)
Filings for 2026-06-30 · 74 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 15,085,390 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
BHRB Insider Trading (Form 4)
Latest: 2026-10-30Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-30 | Shawn Patrick McLaughlin | Director | Buy (P) | +500 | $71.00 | $35.5K | EDGAR |
| 2026-10-27 | David Wilson | Director | Buy (P) | +104 | $69.94 | $7.3K | EDGAR |
| 2026-09-29 | Robert Victor Hintelmann Jr. | Chief Credit Officer | Award (A) | +76 | $54.77 | $4.2K | EDGAR |
| 2026-09-29 | Patrick Kip Huffman | SVP, Chief Accounting Officer | Award (A) | +111 | $54.77 | $6.1K | EDGAR |
| 2026-09-29 | Shannon Barrow Rowan | EVP, Wealth Services | Award (A) | +63 | $54.77 | $3.5K | EDGAR |
| 2026-09-29 | Lauren N. Kimlel | EVP, Retail Banking | Award (A) | +134 | $54.77 | $7.3K | EDGAR |
| 2026-09-29 | Jennifer Palmer Schmidt | EVP, Chief Risk Officer | Award (A) | +160 | $54.77 | $8.8K | EDGAR |
| 2026-09-29 | Kirtan Parikh | EVP, Chief Financial Officer | Award (A) | +126 | $54.77 | $6.9K | EDGAR |
| 2026-08-21 | Georgette R. George | Director | Will (W) | +9,858 | — | EDGAR | |
| 2026-08-20 | David Wilson | Director | Buy (P) | +35 | $70.57 | $2.5K | EDGAR |
| 2026-08-18 | James P Geary II | Director | Sell (S) | — | — | EDGAR | |
| 2026-08-18 | James P Geary II | Director | Sell (S) | −3,150 | $72.83 | -$229.4K | EDGAR |
| 2026-08-14 | Diane Poillon | Director | Buy (P) | +1,200 | $73.67 | $88.4K | EDGAR |
| 2026-08-12 | James Mason Burke | Director | Sell (S) | −1,500 | $73.03 | -$109.5K | EDGAR |
| 2026-08-12 | H Charles Maddy III | President | Tax (F) | −12,545 | $67.85 | -$851.2K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
BHRB Insider Holdings
32 insiders · @ $70.97
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | James Mason Burke | Director | 267,960 | $19.02M | -$371.6K | 8 | 2026-08-12 |
| 2 | Julian Forrest Barnwell Jr. | Director | 118,941 | $8.44M | $4.29M | 28 | 2026-08-04 |
| 3 | Shawn Patrick McLaughlin | Director | 72,500 | $5.15M | $1.08M | 26 | 2026-10-30 |
| 4 | Robert S Tissue | EVP, Balance Sheet Strategy | 71,351 | $5.06M | $0 | 9 | 2026-08-03 |
| 5 | H Charles Maddy III | President | 70,437 | $5.00M | $0 | 12 | 2026-08-12 |
| 6 | David P Boyle | Chair & CEO | 65,184 | $4.63M | $97.1K | 15 | 2026-07-29 |
| 7 | Samuel Laing Hinson III | Director | 62,162 | $4.41M | $476.1K | 5 | 2026-06-22 |
| 8 | Oscar M Bean | Director | 55,794 | $3.96M | $0 | 3 | 2025-05-27 |
| 9 | James P Geary II | Director | 38,105 | $2.70M | -$462.3K | 8 | 2026-08-18 |
| 10 | Georgette R. George | Director | 32,829 | $2.33M | -$73.7K | 6 | 2026-08-21 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
BHRB Board & Officers
As of SEC filings through Oct 30, 2026Directors 14
- David P Boyle · since Apr 21, 2023
- James Mason Burke · since Apr 21, 2023
- Jose David Riojas · since Apr 21, 2023
- Julian Forrest Barnwell Jr. · since Apr 21, 2023
- Katherine Diane Bonnafe · since Apr 21, 2023
- Mark Guthrie Anderson · since Apr 21, 2023
- Samuel Laing Hinson III · since Apr 21, 2023
- Shawn Patrick McLaughlin · since Apr 21, 2023
- Charles Piccirillo · since May 3, 2024
- Georgette R. George · since May 3, 2024
- James P Geary II · since May 3, 2024
- Diane Poillon · since May 1, 2026
- Kristen Snyder · since May 1, 2026
- David Wilson · listed since Jun 2026
Officers 11
- David P Boyle · Chair & CEO · listed since Jun 2024
- Kirtan Parikh · EVP, Chief Financial Officer · listed since Jul 2026
- Angela R Zirk · EVP, Chief Experience Officer · since May 3, 2024
- Bradford E Ritchie · EVP, Chief Lending Officer · since May 3, 2024
- Danyl R Freeman · Chief Human Resources Officer · since May 3, 2024
- Jennifer Palmer Schmidt · EVP, Chief Risk Officer · listed since Sep 2024
- Robert Victor Hintelmann Jr. · Chief Credit Officer · since Mar 17, 2025
- Patrick Kip Huffman · SVP, Chief Accounting Officer · since Apr 21, 2025
- Shannon Barrow Rowan · EVP, Wealth Services · since Apr 21, 2023
- Lauren N. Kimlel · EVP, Branch Banking · since May 3, 2024
- Robert S Tissue · EVP, Financial Strategy · since May 3, 2024
Changes in the last 10 years (57)
| Jul 1, 2026 | Kirtan Parikh listed as EVP, Chief Financial Officer (previously SVP, Interim CAO) in SEC filings |
| Jun 18, 2026 | David Wilson first listed as a director in an SEC filing |
| May 1, 2026 | The company announced the departure of Joseph Hager as Chief Operating Officer in an SEC filing |
| May 1, 2026 | The company announced the departure of H Charles Maddy III as President in an SEC filing |
| May 1, 2026 | The company announced the departure of Carl D Lundblad as EVP, Chief Operating Officer in an SEC filing |
| May 1, 2026 | Kristen Snyder became a director |
| May 1, 2026 | Diane Poillon became a director |
| May 1, 2026 | Carl D Lundblad became EVP, Chief Operating Officer |
| Mar 9, 2026 | The company announced the departure of Oscar M Bean from the board in an SEC filing |
| Mar 9, 2026 | The company announced the departure of Jill S Upson from the board in an SEC filing |
| Mar 9, 2026 | The company announced the departure of Gary L Hinkle from the board in an SEC filing |
| Jan 22, 2026 | The company announced the departure of H Charles Maddy III from the board in an SEC filing |
| Apr 21, 2025 | Patrick Kip Huffman became SVP, Chief Accounting Officer |
| Mar 17, 2025 | Robert Victor Hintelmann Jr. became Chief Credit Officer |
| Jan 23, 2025 | The company announced the departure of Jason A Kitzmiller from the board in an SEC filing |
| Dec 3, 2024 | Kirtan Parikh listed as SVP, Interim CAO (previously SVP, Chief Accounting Officer) in SEC filings |
| Nov 7, 2024 | The company announced the departure of Jeffrey A. Welch as EVP, Chief Credit Officer in an SEC filing |
| Sep 6, 2024 | Jennifer Palmer Schmidt listed as EVP, Chief Risk Officer (previously EVP, Enterprise Risk) in SEC filings |
| Jun 4, 2024 | David P Boyle listed as Chair & CEO (previously Chair, President, & CEO) in SEC filings |
| May 3, 2024 | The company announced the departure of Nicholas Carosi III from the board in an SEC filing |
| May 3, 2024 | The company announced the departure of Michael David Lubeley from the board in an SEC filing |
| May 3, 2024 | Robert S Tissue became EVP, Financial Strategy |
| May 3, 2024 | Oscar M Bean became a director |
| May 3, 2024 | Lauren N. Kimlel became EVP, Branch Banking |
| May 3, 2024 | Julie R Markwood became Chief Accounting Officer |
| May 3, 2024 | Joseph Hager became Chief Operating Officer |
| May 3, 2024 | Jill S Upson became a director |
| May 3, 2024 | Jason A Kitzmiller became a director |
| May 3, 2024 | James P Geary II became a director |
| May 3, 2024 | H Charles Maddy III became a director |
| May 3, 2024 | H Charles Maddy III became President |
| May 3, 2024 | Georgette R. George became a director |
| May 3, 2024 | Gary L Hinkle became a director |
| May 3, 2024 | Danyl R Freeman became Chief Human Resources Officer |
| May 3, 2024 | Charles Piccirillo became a director |
| May 3, 2024 | Bradford E Ritchie became EVP, Chief Lending Officer |
| May 3, 2024 | Angela R Zirk became EVP, Chief Experience Officer |
| Apr 21, 2023 | Shawn Patrick McLaughlin became a director |
| Apr 21, 2023 | Shannon Barrow Rowan became EVP, Wealth Services |
| Apr 21, 2023 | Samuel Laing Hinson III became a director |
| Apr 21, 2023 | Roy Eugene Halyama became EVP, Chief Financial Officer |
| Apr 21, 2023 | Nicholas Carosi III became a director |
| Apr 21, 2023 | Michael David Lubeley became a director |
| Apr 21, 2023 | Mark Guthrie Anderson became a director |
| Apr 21, 2023 | Kirtan Parikh became SVP, Chief Accounting Officer |
| Apr 21, 2023 | Kendrick Cook Smith became EVP, Operations |
| Apr 21, 2023 | Katherine Diane Bonnafe became a director |
| Apr 21, 2023 | Julian Forrest Barnwell Jr. became a director |
| Apr 21, 2023 | Joseph Frye Collum became Executive Vice President |
| Apr 21, 2023 | Jose David Riojas became a director |
| Apr 21, 2023 | Jennifer Palmer Schmidt became EVP, Enterprise Risk |
| Apr 21, 2023 | Jeffrey A. Welch became EVP, Chief Credit Officer |
| Apr 21, 2023 | James Mason Burke became a director |
| Apr 21, 2023 | Emily Stavroula Debeniotis became EVP, Human Resources |
| Apr 21, 2023 | Edmund Hunt Burke became a director |
| Apr 21, 2023 | David P Boyle became a director |
| Apr 21, 2023 | David P Boyle became Chair, President, & CEO |
Not reported recently (6)
- Roy Eugene Halyama · Last reported as EVP, Chief Financial Officer in an SEC filing dated May 4, 2026
- Julie R Markwood · Last reported as Chief Accounting Officer in an SEC filing dated Mar 11, 2025
- Kendrick Cook Smith · Last reported as EVP, Operations in an SEC filing dated Mar 13, 2024
- Joseph Frye Collum · Last reported as Executive Vice President in an SEC filing dated Mar 4, 2024
- Edmund Hunt Burke · Last reported as a director in an SEC filing dated Mar 4, 2024
- Emily Stavroula Debeniotis · Last reported as EVP, Human Resources in an SEC filing dated Apr 21, 2023
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
BHRB Proposed Insider Sales (Form 144)
Latest: 2026-08-14
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
2 filings
· $450K notice value
· 2 unique filers
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Geary James P II (1, $230K) · Burke James Mason (1, $220K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-14 | Geary James P II | Director | 3,150 | $230.2K | 2026-08-14 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-08-11 | Burke James Mason | Director | 3,000 | $219.6K | 2026-08-11 | Charles Schwab Corp | — | EDGAR |
| 2026-08-06 | Bonnafe Katherine Diane | Director | 1,000 | $73.7K | 2026-08-03 | Charles Schwab Corp. | — | EDGAR |
| 2024-10-31 | Burke James Mason | Director | 2,000 | $130.0K | 2024-10-31 | Charles Schwab Corporation | — | EDGAR |
| 2024-08-12 | Burke James Mason | Director | 2,000 | $133.6K | 2024-07-31 | Charles Schwab Corporation | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-06
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-10-22 | Earnings results · Regulation FD disclosure · Other events | EDGAR |
| 2026-09-30 | Material agreement · Regulation FD disclosure | EDGAR |
| 2026-09-28 | Other events | EDGAR |
| 2026-09-18 | Regulation FD disclosure | EDGAR |
| 2026-08-11 | Director or officer change | EDGAR |
| 2026-07-23 | Earnings results · Regulation FD disclosure · Other events | EDGAR |
| 2026-07-07 | Director or officer change | EDGAR |
| 2026-06-23 | Director or officer change | EDGAR |
| 2026-06-18 | Shareholder vote results | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
ETF Holders
66 ETFs hold BHRB
25 shown · $210.12M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $37.0M | — | 2026-09-30 |
| 2 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.04% | $31.9M | $76.6B | 2026-11-06 |
| 3 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.10% | $31.7M | $31.6B | 2026-11-05 |
| 4 | KRE State Street® SPDR® S&P® Regional Banking ETF | SPDR (State Street) | 0.36% | $16.8M | $4.7B | 2026-11-05 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $13.3M | — | 2026-09-30 |
| 6 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.09% | $12.0M | $13.9B | 2026-11-06 |
| 7 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.03% | $8.7M | — | 2026-11-05 |
| 8 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.03% | $8.6M | — | 2026-11-05 |
| 9 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.04% | $7.0M | — | 2026-09-30 |
| 10 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.03% | $5.7M | — | 2026-08-31 |
| 11 | BSVO EA Bridgeway Omni Small-Cap Value ETF | Nport | 0.22% | $5.1M | — | 2026-06-30 |
| 12 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.02% | $5.0M | — | 2026-11-05 |
| 13 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.32% | $3.7M | $1.2B | 2026-11-06 |
| 14 | FYC First Trust Small Cap Growth AlphaDEX® Fund | First Trust | 0.27% | $3.5M | $1.3B | 2026-11-06 |
| 15 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.04% | $3.0M | — | 2026-11-05 |
| 16 | DES WisdomTree U.S. SmallCap Dividend Fund | Nport | 0.13% | $2.9M | — | 2026-06-30 |
| 17 | FSMD Fidelity Small-Mid Multifactor ETF | Fidelity | 0.11% | $2.7M | $2.4B | 2026-11-05 |
| 18 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.07% | $2.3M | $3.2B | 2026-11-05 |
| 19 | VFH Vanguard Financials ETF | Vanguard | 0.01% | $1.9M | — | 2026-09-30 |
| 20 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $1.5M | — | 2026-11-05 |
| 21 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $1.4M | $93.2B | 2026-11-06 |
| 22 | PSC Principal U.S. Small-Cap ETF | Nport | 0.05% | $1.2M | — | 2026-06-30 |
| 23 | VTWV Vanguard Russell 2000 Value ETF | Vanguard | 0.08% | $1.1M | — | 2026-09-30 |
| 24 | DHS WisdomTree U.S. High Dividend Fund | Nport | 0.07% | $986,350 | — | 2026-06-30 |
| 25 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.00% | $890,645 | — | 2026-11-05 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
9.21
TTM Diluted EPS
$7.71
TTM Revenue
$488.60M
TTM Net Income
$116.55M
TTM Op. Cash Flow
$96.79M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $118.31M | $27.12M | $1.79 | $26.50M |
| Q4 '25 | 2025-12-31 | $122.77M | $30.02M | $1.98 | $30.94M |
| Q3 '25 | 2025-09-30 | $122.79M | $29.74M | $1.97 | $39.30M |
| Q2 '25 | 2025-06-30 | $124.73M | $29.67M | $1.97 | $41.00K |
| Q1 '25 | 2025-03-31 | $120.81M | $26.98M | $1.80 | $37.65M |
| Q4 '24 | 2024-12-31 | $124.58M | $19.57M | $1.49 | $76.88M |
| Q3 '24 | 2024-09-30 | $129.14M | $27.40M | $1.82 | $47.80M |
| Q2 '24 | 2024-06-30 | $105.60M | $-17.14M | $-1.41 | $-45.97M |
| Q1 '24 | 2024-03-31 | $43.00M | $5.21M | $0.69 | $7.09M |
| Q4 '23 | 2023-12-31 | $43.00M | $5.08M | $0.67 | $10.17M |
| Q3 '23 | 2023-09-30 | $41.56M | $4.06M | $0.55 | $9.47M |
| Q2 '23 | 2023-06-30 | $41.74M | $6.03M | $0.80 | $11.94M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-08
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
9.21
P/B
1.24
P/S
2.19
EV/EBITDA
7.61
EV/Sales
2.26
ROE
13.5%
ROA
1.5%
Div Yield
2.61%
FCF Yield
9.04%
Debt/Equity
0.10
Current Ratio
—
Market Cap
$1.07B
as of 2026-11-09
BHRB vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| WTFC Wintrust Financial Corp | $10.2B | 13.1 | +6.6% | +9.2% | 38 |
| CBC Central Bancompany, Inc. Class A Common | $9.0B | — | — | +61.7% | 43 |
| CBSH Commerce Bancshares Inc | $7.8B | 13.9 | +4.1% | +8.1% | 67 |
| UBSI United Bankshares Inc | $6.6B | 13.8 | +10.9% | +27.9% | 74 |
| HWC Hancock Whitney Corporation Common Stock | $5.7B | 15.1 | −4.8% | +14.3% | 83 |
| EBC Eastern Bankshares, Inc. Common Stock | $5.2B | 13.0 | +62.3% | +26.5% | 83 |
| FULT Fulton Financial Corp | $4.5B | 11.6 | −2.1% | +24.8% | 35 |
| CATY Cathay General Bancorp | $4.3B | 13.5 | +1.1% | +34.9% | 49 |
| BHRB Burke & Herbert Financial Services Corp. | $1.4B | 9.2 | +1.8% | +14.9% | — |
| Peer median | $6.1B | 13.5 | +4.1% | +25.6% | 58 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
863.28K
SI % of Float
4.91%
Days to Cover
5.10
Short Vol Ratio
68.7%
Free Float
17.58M
Float %
87.1%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-08-24