Loading...

Burke & Herbert Bank & Trust

OTCPK:BHRB
Snowflake Description

Adequate balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BHRB
OTCPK
$468M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Burke & Herbert Bank & Trust Company provides various banking products and services in Virginia. The last earnings update was 57 days ago. More info.


Add to Portfolio Compare Print
BHRB Share Price and Events
7 Day Returns
-0%
OTCPK:BHRB
-0.6%
US Banks
-0.3%
US Market
1 Year Returns
-11.7%
OTCPK:BHRB
-7.3%
US Banks
3.4%
US Market
BHRB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Burke & Herbert Bank & Trust (BHRB) -0% -5.2% -9.9% -11.7% 28.9% 14.7%
US Banks -0.6% 2.9% -1.2% -7.3% 44.2% 45.2%
US Market -0.3% 2.9% 2.1% 3.4% 36.2% 41.3%
1 Year Return vs Industry and Market
  • BHRB underperformed the Banks industry which returned -7.3% over the past year.
  • BHRB underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
BHRB
Industry
5yr Volatility vs Market

BHRB Value

 Is Burke & Herbert Bank & Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Burke & Herbert Bank & Trust to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Burke & Herbert Bank & Trust.

OTCPK:BHRB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $1,794.54 * 8.4%
$151.42
Book Value of Equity per Share Median Book Value from the past 5 years. $1,794.54
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:BHRB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.595 (1 + (1- 21%) (49.09%))
1.218
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.22
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.218 * 5.96%)
9.99%

Discounted Cash Flow Calculation for OTCPK:BHRB using Excess Returns Model Model

The calculations below outline how an intrinsic value for Burke & Herbert Bank & Trust is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:BHRB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8.4% – 9.99%) * $1,794.54)
$-27.85
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-27.85 / (9.99% - 2.73%)
$-383.63
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $1,794.54 + $-383.63
$1410.91
OTCPK:BHRB Discount to Share Price
Calculation Result
Value per share (USD) From above. $1,410.91
Current discount Discount to share price of $2,499.98
= -1 x ($2,499.98 - $1,410.91) / $1,410.91
-77.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Burke & Herbert Bank & Trust is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Burke & Herbert Bank & Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Burke & Herbert Bank & Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BHRB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $182.46
OTCPK:BHRB Share Price ** OTCPK (2019-07-18) in USD $2499.98
United States of America Banks Industry PE Ratio Median Figure of 594 Publicly-Listed Banks Companies 12.69x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Burke & Herbert Bank & Trust.

OTCPK:BHRB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:BHRB Share Price ÷ EPS (both in USD)

= 2499.98 ÷ 182.46

13.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Burke & Herbert Bank & Trust is overvalued based on earnings compared to the US Banks industry average.
  • Burke & Herbert Bank & Trust is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Burke & Herbert Bank & Trust's expected growth come at a high price?
Raw Data
OTCPK:BHRB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
4.4%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.22x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Burke & Herbert Bank & Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Burke & Herbert Bank & Trust's assets?
Raw Data
OTCPK:BHRB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1,882.22
OTCPK:BHRB Share Price * OTCPK (2019-07-18) in USD $2499.98
United States of America Banks Industry PB Ratio Median Figure of 594 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.8x
OTCPK:BHRB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:BHRB Share Price ÷ Book Value per Share (both in USD)

= 2499.98 ÷ 1,882.22

1.33x

* Primary Listing of Burke & Herbert Bank & Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Burke & Herbert Bank & Trust is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Burke & Herbert Bank & Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Burke & Herbert Bank & Trust has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BHRB Future Performance

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

  • No analysts cover Burke & Herbert Bank & Trust, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Burke & Herbert Bank & Trust expected to grow at an attractive rate?
  • Burke & Herbert Bank & Trust's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Burke & Herbert Bank & Trust's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Burke & Herbert Bank & Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:BHRB Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:BHRB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4.4%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 2%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:BHRB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:BHRB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 113 34
2018-12-31 112 34
2018-09-30 109 28
2018-06-30 109 29
2018-03-31 109 29
2017-12-31 109 28
2017-09-30 110 29
2017-06-30 108 28
2017-03-31 107 27
2016-12-31 105 27
2016-09-30 103 31
2016-06-30 102 31

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Burke & Herbert Bank & Trust's earnings are expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Burke & Herbert Bank & Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:BHRB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Burke & Herbert Bank & Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BHRB Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 182.46
2018-12-31 181.62
2018-09-30 145.77
2018-06-30 151.51
2018-03-31 150.56
2017-12-31 145.68
2017-09-30 151.32
2017-06-30 145.39
2017-03-31 141.60
2016-12-31 142.07
2016-09-30 164.29
2016-06-30 161.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Burke & Herbert Bank & Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Burke & Herbert Bank & Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Burke & Herbert Bank & Trust has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BHRB Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Burke & Herbert Bank & Trust's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Burke & Herbert Bank & Trust's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Burke & Herbert Bank & Trust's 1-year earnings growth exceeds its 5-year average (19.9% vs -2.4%)
  • Burke & Herbert Bank & Trust's earnings growth has not exceeded the US Banks industry average in the past year (19.9% vs 40.8%).
Earnings and Revenue History
Burke & Herbert Bank & Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Burke & Herbert Bank & Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BHRB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 113.28 34.42 47.16
2018-12-31 112.08 34.39 46.31
2018-09-30 108.72 27.69 51.93
2018-06-30 109.37 28.86 51.43
2018-03-31 109.06 28.72 51.12
2017-12-31 108.56 27.81 52.01
2017-09-30 110.06 28.90 54.02
2017-06-30 108.44 27.77 54.07
2017-03-31 106.66 27.08 54.19
2016-12-31 105.05 27.19 52.56
2016-09-30 103.24 31.48 49.07
2016-06-30 102.26 30.89 47.39
2016-03-31 101.83 30.41 45.18
2015-12-31 102.47 30.88 43.92
2015-09-30 104.23 31.53 42.46
2015-06-30 105.02 33.00 41.22
2015-03-31 104.94 34.12 40.15
2014-12-31 104.48 33.65 39.01
2014-09-30 102.96 32.81 38.24
2014-06-30 102.35 33.02 37.68
2014-03-31 102.42 33.44 37.21
2013-12-31 103.00 34.57 37.04
2013-09-30 104.95 35.91 37.13
2013-06-30 105.63 36.01 36.90
2013-03-31 105.90 36.56 36.82
2012-12-31 106.29 36.62 36.80
2012-09-30 104.54 36.30 35.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Burke & Herbert Bank & Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Burke & Herbert Bank & Trust used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Burke & Herbert Bank & Trust improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Burke & Herbert Bank & Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Burke & Herbert Bank & Trust has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BHRB Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Burke & Herbert Bank & Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Burke & Herbert Bank & Trust Company Filings, last reported 3 months ago.

OTCPK:BHRB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 352.72 230.00 107.15
2018-12-31 345.86 320.00 101.88
2018-09-30 337.15 380.00 128.80
2018-06-30 340.39 370.00 92.62
2018-03-31 337.96 345.00 63.63
2017-12-31 343.83 425.00 90.16
2017-09-30 347.06 450.00 147.85
2017-06-30 342.03 400.00 88.00
2017-03-31 334.13 314.21 96.10
2016-12-31 328.69 373.74 72.82
2016-09-30 345.12 298.93 64.77
2016-06-30 343.72 228.08 108.10
2016-03-31 335.31 115.70 77.77
2015-12-31 328.21 107.90 73.56
2015-09-30 325.54 98.52 89.77
2015-06-30 320.25 109.68 165.24
2015-03-31 322.17 108.00 139.89
2014-12-31 315.75 128.74 98.04
2014-09-30 313.61 115.16 75.05
2014-06-30 307.88 93.76 76.37
2014-03-31 298.39 113.89 204.60
2013-12-31 285.21 105.14 110.67
2013-09-30 279.93 119.27 197.75
2013-06-30 277.40 134.35 220.00
2013-03-31 284.68 134.30 179.37
2012-12-31 279.23 132.57 197.32
2012-09-30 269.43 128.95 137.25
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Burke & Herbert Bank & Trust has an acceptable proportion of non-loan assets held.
  • Burke & Herbert Bank & Trust's liabilities are made up of primarily low risk sources of funding.
  • Loans at Burke & Herbert Bank & Trust are broadly funded by customer deposits.
  • Burke & Herbert Bank & Trust's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Burke & Herbert Bank & Trust has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Burke & Herbert Bank & Trust has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Burke & Herbert Bank & Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Burke & Herbert Bank & Trust has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BHRB Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.2%
Current annual income from Burke & Herbert Bank & Trust dividends.
If you bought $2,000 of Burke & Herbert Bank & Trust shares you are expected to receive $64 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Burke & Herbert Bank & Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Burke & Herbert Bank & Trust's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:BHRB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 479 Stocks 3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:BHRB Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-01 80.000 2.947
2018-03-26 75.000 2.607
2017-01-17 74.000 3.235
2016-03-01 74.000 3.809
2015-03-31 74.000 3.493
2014-10-22 80.000 3.992
2011-03-30 72.000 3.173

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Burke & Herbert Bank & Trust has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Burke & Herbert Bank & Trust only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Burke & Herbert Bank & Trust's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Burke & Herbert Bank & Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Burke & Herbert Bank & Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Burke & Herbert Bank & Trust has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BHRB Management

 What is the CEO of Burke & Herbert Bank & Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
W. McSween
AGE 65
TENURE AS CEO 0.1 years
CEO Bio

Mr. W. Scott McSween serves as the Chief Executive Officer of Burke & Herbert Bank & Trust Company since June 3, 2019 and serves as its Director. He served as President and Chief Operating Officer of Burke & Herbert Bank & Trust Company since July 2009 until June 3, 2019. He previously served as Executive Vice President of the Retail Banking Division of Chevy Chase Bank, F.S.B. (“Chevy Chase Bank”). Prior to joining Chevy Chase Bank, Mr. McSween served as Senior Vice President at BankBoston, where he was responsible for retail banking activities in the cities of Boston and Cambridge, Massachusetts and the immediate suburbs. Mr. McSween was with BankBoston, or its predecessor (BayBank), for over 20 years.

CEO Compensation
  • Insufficient data for W. to compare compensation growth.
  • Insufficient data for W. to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Burke & Herbert Bank & Trust management team in years:

1.1
Average Tenure
  • The average tenure for the Burke & Herbert Bank & Trust management team is less than 2 years, this suggests a new team.
Management Team

W. McSween

TITLE
CEO & Director
AGE
65
TENURE
0.1 yrs

David Boyle

TITLE
President & COO
AGE
55
TENURE
0.1 yrs

Jeff Stryker

TITLE
Director

Nicholas Greksouk

TITLE
Senior VP of Finance
TENURE
1.8 yrs

Dan Kendle

TITLE
Principal VP of Accounting
TENURE
0.3 yrs

Gerald McQuaid

TITLE
Executive VP and Chief Technology & Administrative Officer

Jennifer Schmidt

TITLE
Principal VP & Chief Compliance Officer
TENURE
1.8 yrs

Terry Cole

TITLE
Executive VP & Chief Marketing Officer
TENURE
3.3 yrs

David Wallace

TITLE
Principal Vice President of Sales & Service Development

Emily Debeniotis

TITLE
Senior VP of Human Resources
Board of Directors Tenure

Average tenure of the Burke & Herbert Bank & Trust board of directors in years:

9.3
Average Tenure
  • The tenure for the Burke & Herbert Bank & Trust board of directors is about average.
Board of Directors

Edmund Burke

TITLE
Chairman of the Board
TENURE
9.3 yrs

W. McSween

TITLE
CEO & Director
AGE
65
TENURE
9.5 yrs

S. Hinson

TITLE
Vice Chairman

Jeff Stryker

TITLE
Director
TENURE
2.2 yrs

Julian Barnwell

TITLE
Director

Tyrone Bradley

TITLE
Director

Nick Carosi

TITLE
Director
AGE
72
TENURE
12.5 yrs

Shawn McLaughlin

TITLE
Director
TENURE
11.5 yrs

Michael Lubeley

TITLE
Director
TENURE
7.2 yrs

James Burke

TITLE
Director
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Burke & Herbert Bank & Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Burke & Herbert Bank & Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BHRB News

Simply Wall St News

BHRB Company Info

Description

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.

Details
Name: Burke & Herbert Bank & Trust Company
BHRB
Exchange: OTCPK
Founded: 1852
$468,488,752
187,397
Website: http://www.burkeandherbertbank.com
Address: Burke & Herbert Bank & Trust Company
PO Box 113,
Alexandria,
Virginia, 22313,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK BHRB Common Shares Pink Sheets LLC US USD 31. Dec 1990
Number of employees
Current staff
Staff numbers
0
Burke & Herbert Bank & Trust employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 23:36
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2019/05/22
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.