Burke & Herbert Financial Services Corp. (BHRB)

49.26 +1.80 (+3.79%) At close: 04:00PM EDT

Burke & Herbert Financial Services Corp.

100 S. Fairfax Street
Alexandria, VA 22314
United States
703 666 3555
https://www.burkeandherbertbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 381

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David P. Boyle CPA	Chair & CEO	1.18M	N/A	1964
Mr. Roy E. Halyama	Executive VP & CFO	499.05k	N/A	1968
Mr. Jeffrey A. Welch	Executive VP & Chief Credit Officer	475.57k	N/A	1959
Mr. H. Charles Maddy III	President & Director	N/A	N/A	1963
Mr. Joseph W. Hager	Executive VP & Chief Operating Officer	N/A	N/A	1983
Ms. Julie R. Markwood	Senior VP & Chief Accounting Officer	N/A	N/A	1967
Mr. Douglas Horton	Chief Information Officer	N/A	N/A	N/A
Ms. Danyl R. Freeman	Executive VP & Chief Human Resources Officer	N/A	N/A	1970
Mr. Joseph F. Collum	Executive VP & Director of Business Banking	N/A	N/A	1972
Mr. Shannon B. Rowan	Executive VP and Director of Trust & Wealth Management	N/A	N/A	1966

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Burke & Herbert Financial Services Corp. operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in Virginia and Maryland. It offers consumer and commercial deposit products, such as digital banking, demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also provides loans, such as commercial real estate, single family residential, owner-occupied commercial real estate, residential mortgage, acquisition, construction and development, commercial and industrial, and consumer non-real estate and other loans. In addition, it offers treasury and cash management services; and online and mobile banking, and wealth and trust services. The company was founded in 1852 and is headquartered in Alexandria, Virginia.

Corporate governance

Burke & Herbert Financial Services Corp.’s ISS governance QualityScore as of 1 June 2024 is 9. The pillar scores are Audit: 10; Board: 9; Shareholder rights: 5; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.