Financial Snapshot
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About Burke & Herbert Financial Services Corp.
Burke Herbert Financial Services Corp. operates as a bank holding company for Burke & Herbert Bank & Trust Company. The company is headquartered in Alexandria, Virginia and currently employs 850 full-time employees. The Bank offers a full range of business and personal financial solutions designed to meet customers' banking, borrowing, and investment needs. The Bank has over 75 branches across Delaware, Kentucky, Maryland, Virginia, and West Virginia. The Bank’s primary source of funding is deposits, both interest-bearing and non-interest-bearing. The Bank provides a range of commercial lending services, including commercial real estate loans, acquisition, construction & development, commercial and industrial loans, and residential real estate loans to customers generally located or conducting business in its market area. The company also provides traditional banking and wealth management services. The Bank offers digital banking, mobile banking, and a remote deposit service, which allows customers to facilitate and expedite deposit transactions through the use of electronic devices.
Industry: National Commercial Banks Peers: Amalgamated Financial Corp. CAPITAL CITY BANK GROUP INC CROSSFIRST BANKSHARES, INC. GREAT SOUTHERN BANCORP, INC. HarborOne Bancorp, Inc. HERITAGE COMMERCE CORP HORIZON BANCORP INC /IN/ PEAPACK GLADSTONE FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. WASHINGTON TRUST BANCORP INC