OTCPK:BHRB

Stock Analysis Report

Burke & Herbert Bank & Trust

Executive Summary

Burke & Herbert Bank & Trust Company provides various banking products and services in Virginia.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Burke & Herbert Bank & Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BHRB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.9%

BHRB

-1.5%

US Banks

0.06%

US Market


1 Year Return

-25.6%

BHRB

9.7%

US Banks

19.4%

US Market

Return vs Industry: BHRB underperformed the US Banks industry which returned 9.7% over the past year.

Return vs Market: BHRB underperformed the US Market which returned 19.4% over the past year.


Shareholder returns

BHRBIndustryMarket
7 Day-0.9%-1.5%0.06%
30 Day-5.2%-2.8%1.1%
90 Day-1.1%0.3%8.9%
1 Year-23.1%-25.6%12.9%9.7%21.9%19.4%
3 Year12.7%2.6%22.5%13.7%48.9%39.3%
5 Year30.9%10.7%72.4%52.8%71.9%53.1%

Price Volatility Vs. Market

How volatile is Burke & Herbert Bank & Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Burke & Herbert Bank & Trust undervalued compared to its fair value and its price relative to the market?

24.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BHRB ($2180) is trading above our estimate of fair value ($1741)

Significantly Below Fair Value: BHRB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BHRB is poor value based on its PE Ratio (24x) compared to the Banks industry average (12.6x).

PE vs Market: BHRB is poor value based on its PE Ratio (24x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BHRB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BHRB is good value based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Burke & Herbert Bank & Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.2%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Burke & Herbert Bank & Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Burke & Herbert Bank & Trust performed over the past 5 years?

-3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BHRB has high quality earnings.

Growing Profit Margin: BHRB's current net profit margins (16.8%) are lower than last year (30.7%).


Past Earnings Growth Analysis

Earnings Trend: BHRB's earnings have declined by -3.8% per year over the past 5 years.

Accelerating Growth: BHRB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BHRB had negative earnings growth (-50.6%) over the past year, making it difficult to compare to the Banks industry average (12.3%).


Return on Equity

High ROE: BHRB's Return on Equity (4.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Burke & Herbert Bank & Trust's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BHRB has a low level of unsold assets or inventory.

Debt Coverage by Assets: BHRB's debt is covered by short term assets (assets are 1.1x debt).


Financial Institutions Analysis

Asset Level: BHRB's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if BHRB has a sufficient allowance for bad loans.

Low Risk Liabilities: BHRB's liabilities are made up of primarily low risk sources of funding.

Loan Level: BHRB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BHRB's loans are broadly funded by customer deposits.

Level of Bad Loans: Insufficient data to determine if BHRB has an appropriate level of bad loans.


Next Steps

Dividend

What is Burke & Herbert Bank & Trust's current dividend yield, its reliability and sustainability?

3.67%

Current Dividend Yield


Dividend Yield vs Market

company3.7%marketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: BHRB's dividend (3.67%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: BHRB's dividend (3.67%) is low compared to the top 25% of dividend payers in the US market (3.7%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BHRB has been paying a dividend for less than 10 years.

Growing Dividend: BHRB's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (90.3%), BHRB's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

David Boyle (55yo)

0.08yrs

Tenure

Mr. David P. Boyle, CPA, has been the Chief Executive Officer of Burke & Herbert Bank & Trust Company since January 2020 and served as its President and Chief Operating Officer since June 3, 2019 until Jan ...


Leadership Team

NamePositionTenureCompensationOwnership
David Boyle
Chief Executive Officer0.08yrsno datano data
Jeffrey Stryker
Senior EVP2.8yrsno datano data
Nicholas Greksouk
Senior Vice President of Finance0yrsno datano data
Daniel Kendle
Principal VP of Accounting0.9yrsno datano data
Gerald McQuaid
Executive VP and Chief Technology & Administrative Officer0yrsno datano data
Jennifer Schmidt
Principal VP & Chief Compliance Officer2.4yrsno datano data
Terry Cole
Executive VP & Chief Marketing Officer3.8yrsno datano data
David Wallace
Principal Vice President of Sales & Service Development0yrsno datano data
Emily Debeniotis
Senior VP of Human Resources0yrsno datano data
Joseph Collum
Executive VP of Branch & Business Banking3.8yrsno datano data

2.4yrs

Average Tenure

Experienced Management: BHRB's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Stryker
Senior EVP2.8yrsno datano data
Edmund Burke
Chairman of the Board9.8yrsno datano data
Julian Barnwell
Director0yrsno datano data
Nicholas Carosi
Director13.1yrsno datano data
Shawn McLaughlin
Director12.1yrsno datano data
Kenneth Wainstein
Director3.6yrsno datano data
Tyrone Bradley
Director0yrsno datano data
S. Hinson
Vice Chairman0yrsno datano data
Michael Lubeley
Director7.8yrsno datano data
James Burke
Director5.6yrsno datano data

7.8yrs

Average Tenure

Experienced Board: BHRB's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Burke & Herbert Bank & Trust Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Burke & Herbert Bank & Trust Company
  • Ticker: BHRB
  • Exchange: OTCPK
  • Founded: 1852
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$407.773m
  • Shares outstanding: 187.05k
  • Website: https://www.burkeandherbertbank.com

Number of Employees


Location

  • Burke & Herbert Bank & Trust Company
  • 100 South Fairfax Street
  • Alexandria
  • Virginia
  • 22314
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BHRBOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 1990

Biography

Burke & Herbert Bank & Trust Company provides various banking products and services in Virginia. It provides checking accounts, savings accounts, investment management accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), IRA CDs, and remote deposits. The company also offers mortgage loans, home equity lines and loans, personal credit lines, installment loans, auto loans, commercial mortgages, construction loans, business lines of credit, and small business administration loans, as well as merchant services, lock box services, online wires, and ACH services. In addition, it provides wealth management services and trust services, as well as cash cards, gift cards, debit cards, and credit cards. Further, the company offers online banking services. As of April 5, 2016, it operated 25 branches in Northern Virginia. Burke & Herbert Bank & Trust Company was founded in 1852 and is headquartered in Alexandria, Virginia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 23:52
End of Day Share Price2020/02/18 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.