Burke & Herbert Financial Services Management
Management criteria checks 3/4
Burke & Herbert Financial Services' CEO is David Boyle, appointed in Jan 2020, has a tenure of 5.75 years. total yearly compensation is $2.87M, comprised of 28.8% salary and 71.2% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $2.08M. The average tenure of the management team and the board of directors is 5.1 years and 7.8 years respectively.
Key information
David Boyle
Chief executive officer
US$2.9m
Total compensation
| CEO salary percentage | 28.76% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Burke & Herbert Financial Services' (NASDAQ:BHRB) Dividend Will Be $0.53
Jul 30
Burke & Herbert Financial Services' (NASDAQ:BHRB) Dividend Will Be $0.53
Apr 30Burke & Herbert: First Underperformance, Then Recovery (2024E Outlook)
Jan 15Burke & Herbert Financial Services (NASDAQ:BHRB) Is Paying Out A Dividend Of $0.53
Oct 31Burke & Herbert Financial Services (NASDAQ:BHRB) Ticks All The Boxes When It Comes To Earnings Growth
Jun 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$106m |
| Jun 30 2025 | n/a | n/a | US$104m |
| Mar 31 2025 | n/a | n/a | US$57m |
| Dec 31 2024 | US$3m | US$825k | US$35m |
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | -US$3m |
| Mar 31 2024 | n/a | n/a | US$20m |
| Dec 31 2023 | US$2m | US$825k | US$23m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$42m |
| Dec 31 2022 | US$2m | US$825k | US$44m |
Compensation vs Market: David's total compensation ($USD2.87M) is about average for companies of similar size in the US market ($USD3.51M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
CEO
David Boyle (61 yo)
Mr. David P. Boyle, CPA, has been Chairman of the Board of Burke & Herbert Financial Services Corp. (formerly known as Burke & Herbert Bank & Trust Company) from January 1, 2023, Chief Executive Officer si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair & CEO | 5.8yrs | US$2.87m | 0.23% $ 2.1m | |
| President & Director | 1.4yrs | US$2.82m | 0.44% $ 3.9m | |
| Executive VP & CFO | 4.5yrs | US$1.35m | 0.051% $ 455.6k | |
| Executive VP & Chief Operating Officer | no data | no data | 0.023% $ 208.9k | |
| Senior VP & Chief Accounting Officer | less than a year | no data | 0.0066% $ 59.1k | |
| Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.052% $ 464.5k | |
| Executive VP & Director of Business Banking | 9.4yrs | no data | 0.026% $ 232.4k | |
| Executive VP and Director of Trust & Wealth Management | 8.1yrs | no data | 0.015% $ 130.3k | |
| Executive VP & Chief Risk Officer | 2.8yrs | no data | 0.0093% $ 82.7k | |
| Principal Vice President of Business Systems Planning | 7.6yrs | no data | no data | |
| Senior Vice President of Treasury Management | no data | no data | no data |
Experienced Management: BHRB's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair & CEO | 5.8yrs | US$2.87m | 0.23% $ 2.1m | |
| President & Director | 1.4yrs | US$2.82m | 0.44% $ 3.9m | |
| Independent Vice Chairman of the Board | 1.4yrs | US$104.17k | 0.36% $ 3.2m | |
| Independent Director | 24.8yrs | US$146.17k | 2.66% $ 23.7m | |
| Independent Director | 17.8yrs | US$147.77k | 0.44% $ 3.9m | |
| Independent Director | 1.8yrs | US$107.17k | 0.86% $ 7.6m | |
| Independent Vice Chairman of the Board | 18.8yrs | US$147.77k | 0.39% $ 3.5m | |
| Independent Director | 8.8yrs | US$137.17k | 0.17% $ 1.5m | |
| Director | 11.3yrs | US$116.27k | 1.77% $ 15.8m | |
| Independent Director | 7.8yrs | US$145.57k | 0.041% $ 366.8k | |
| Independent Director | 7.8yrs | US$145.17k | 0.19% $ 1.7m | |
| Independent Director | 1.8yrs | US$75.17k | 0.0074% $ 65.8k |
Experienced Board: BHRB's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/31 21:40 |
| End of Day Share Price | 2025/10/31 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Burke & Herbert Financial Services Corp. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | D.A. Davidson & Co. |
| Manuel Navas | D.A. Davidson & Co. |
| Mikhail Paramonov | Freedom Broker |