Burke & Herbert Financial Services Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
David Boyle
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 52.4% |
| CEO tenure | 5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.4yrs |
| Board average tenure | 7yrs |
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 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$44m |
Compensation vs Market: David's total compensation ($USD1.57M) is below average for companies of similar size in the US market ($USD3.22M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Boyle (60 yo)
5yrs
Tenure
US$1,573,679
Compensation
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 | 5yrs | US$1.57m | 0.19% $ 1.8m | |
| Executive VP & CFO | 3.8yrs | US$638.98k | 0.037% $ 340.9k | |
| Executive VP & Chief Credit Officer | no data | US$534.51k | 0.023% $ 211.7k | |
| President & Director | less than a year | no data | 0.41% $ 3.7m | |
| Executive VP & Chief Operating Officer | no data | no data | 0.019% $ 170.0k | |
| Director of Strategy & Interim Chief Accounting Officer | less than a year | no data | 0.0067% $ 61.0k | |
| Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.051% $ 464.8k | |
| Executive VP & Director of Business Banking | 8.7yrs | no data | 0.026% $ 239.0k | |
| Executive VP and Director of Trust & Wealth Management | 7.3yrs | no data | 0.010% $ 94.3k | |
| Executive VP & Chief Risk Officer | 2yrs | no data | 0.0032% $ 28.9k | |
| Principal Vice President of Business Systems Planning | 6.8yrs | no data | no data |
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: BHRB's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair & CEO | 5yrs | US$1.57m | 0.19% $ 1.8m | |
| President & Director | less than a year | no data | 0.41% $ 3.7m | |
| Independent Vice Chairman of the Board | less than a year | no data | 0.36% $ 3.3m | |
| Independent Director | 24yrs | US$159.13k | 2.51% $ 22.9m | |
| Independent Director | 17yrs | US$161.33k | 0.41% $ 3.7m | |
| Independent Director | less than a year | no data | 0.60% $ 5.4m | |
| Independent Vice Chairman of the Board | 18yrs | US$159.33k | 0.34% $ 3.1m | |
| Independent Director | 8yrs | US$160.03k | 0.12% $ 1.1m | |
| Director | 10.5yrs | US$158.03k | 1.78% $ 16.2m | |
| Independent Director | 7yrs | US$161.23k | 0.041% $ 377.2k | |
| Independent Director | 7yrs | US$161.23k | 0.17% $ 1.6m | |
| Independent Director | less than a year | no data | 0.0074% $ 67.7k |
7.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: BHRB's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 01:36 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Burke & Herbert Financial Services Corp. is covered by 3 analysts. 2 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. |
| Wood Lay | Keefe, Bruyette, & Woods |