Burke & Herbert Bank & Trust Company (BHRB) Balance Sheet
BHRB balance sheet, 2025
December 31, 2025 · U.S. dollars$7.92B assets = $7.07B liabilities + $854.6M equity
Both columns are drawn to the same scale: what BHRB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BHRB financial health
Descriptive bands, not a rating. Fiscal 2025.
BHRB balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.96B2016 | $7.92B2025 | +11.6%/yr | |
| Total liabilities | $2.63B2016 | $7.07B2025 | +11.6%/yr | |
| Shareholders’ equity | $328.7M2016 | $854.6M2025 | +11.2%/yr | |
| Cash & short-term investments | −$72.8M2016 | $1.67B2025 | — | |
| Total debt | $373.7M2016 | $537.5M2025 | +4.1%/yr | |
| Net cash (debt) | −$446.6M2016 | $1.13B2025 | +$1.6B | |
| Working capital | −$989.1M2016 | $1.25B2025 | +$2.2B | |
| Book value per share | $42.932016 | $56.872025 | +3.2%/yr | |
| Debt / equity | 1.142016 | 0.632025 | −0.51 | |
| Shares outstanding | 7.7M2016 | 15.0M2025 | +7.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BHRB assets
BHRB liabilities and equity
BHRB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BHRB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.67B | $467.7M | $550.4M | $1.42B | $1.68B | $1.39B | $777.5M | −$101.9M | −$90.2M | −$72.8M |
| Cash & equivalents | $53.5M | $135.3M | $44.5M | $50.3M | $77.4M | $228.7M | $83.7M | −$101.9M | −$90.2M | −$72.8M |
| Short-term investments | $1.62B | $332.4M | $505.9M | $1.37B | $1.61B | $1.16B | $693.8M | $0 | $0 | $0 |
| Receivables | $35.4M | $34.5M | $15.9M | $15.5M | $15.3M | $13.8M | $8.1M | $0 | $0 | $0 |
| Inventory | $0 | $0 | −$7.0M | −$65.8M | −$92.6M | −$242.5M | −$91.9M | $338,000 | $411,000 | $437,000 |
| Other current assets | $0 | $0 | $7.0M | $65.8M | $92.6M | $242.5M | $91.9M | $203.8M | $180.3M | $145.6M |
| Total current assets | $1.70B | $502.1M | $566.3M | $1.44B | $1.70B | $1.40B | $785.6M | $102.2M | $90.6M | $73.3M |
| Property, plant & equipment (net) | $136.8M | $132.3M | $61.1M | $53.2M | $36.9M | $40.5M | $41.2M | $42.5M | $42.2M | $42.7M |
| Goodwill & intangible assets | $75.9M | $90.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $516.0M | $332.4M | $1.25B | $1.37B | $1.61B | $1.16B | $699.7M | $864.2M | $973.5M | $1.05B |
| Other non-current assets | $5.49B | $6.76B | $1.74B | $700.4M | $280.9M | $822.4M | $1.34B | $2.00B | $1.98B | $1.80B |
| Total assets | $7.92B | $7.81B | $3.62B | $3.56B | $3.62B | $3.42B | $2.87B | $3.01B | $3.09B | $2.96B |
| Liabilities | ||||||||||
| Accounts payable | — | — | $28.9M | $25.9M | $23.7M | $25.5M | $43.4M | $2.31B | $2.30B | $2.21B |
| Short-term debt | $450.0M | $365.0M | $272.0M | $343.1M | $275.0M | $225.0M | $75.0M | $0 | $0 | $103.7M |
| Deferred revenue | — | — | −$28.9M | −$220.8M | −$28.6M | — | — | — | — | — |
| Total current liabilities | $450.0M | $6.88B | $3.30B | $3.29B | $3.23B | $3.04B | $2.51B | $618.5M | $616.9M | $1.06B |
| Long-term debt | $87.5M | $111.9M | $272.0M | $343.1M | $275.0M | $141.1M | $75.0M | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $6.53B | $89.9M | $1.80B | $1.83B | $2.02B | $0 | $0 | $2.04B | $2.13B | $1.57B |
| Total liabilities | $7.07B | $7.08B | $3.30B | $3.29B | $3.23B | $3.04B | $2.51B | $2.66B | $2.75B | $2.63B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $7.8M | $7.8M | $4.0M | $4.0M | $4.0M | $4.0M | $3.7M | $3.8M | $3.8M | $3.8M |
| Retained earnings (deficit) | $517.1M | $434.1M | $427.3M | $424.4M | $396.1M | $374.8M | $338.3M | $361.5M | $342.2M | $329.1M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$59.0M | −$95.7M | −$103.5M | −$139.5M | $7.0M | $22.6M | $1.4M | −$7.3M | $2.5M | −$388,000 |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $854.6M | $730.2M | $314.8M | $273.5M | $389.6M | $384.9M | $353.5M | $345.9M | $343.8M | $328.7M |
| Key figures | ||||||||||
| Total debt | $537.5M | $476.9M | $544.0M | $686.2M | $550.0M | $450.0M | $150.0M | $320.0M | $425.0M | $373.7M |
| Net cash (debt) | $1.13B | −$9.2M | $6.4M | $735.9M | $1.13B | $938.4M | $627.5M | −$421.9M | −$515.2M | −$446.6M |
| Working capital | $1.25B | −$6.38B | −$2.74B | −$1.85B | −$1.53B | −$1.64B | −$1.73B | −$516.3M | −$526.4M | −$989.1M |
| Tangible book value | $778.8M | $640.1M | $314.8M | $273.5M | $389.6M | $384.9M | $353.5M | $345.9M | $343.8M | $328.7M |
| Book value per share | $56.87 | $48.78 | $42.37 | $36.62 | $48.70 | $48.11 | $44.19 | $45.66 | $45.03 | $42.93 |
| Shares outstanding | 15.0M | 15.0M | 7.4M | 7.5M | 8.0M | 8.0M | 8.0M | 7.6M | 7.6M | 7.7M |
| Current ratio | 3.79 | 0.07 | 0.17 | 0.44 | 0.53 | 0.46 | 0.31 | 0.17 | 0.15 | 0.07 |
| Quick ratio | 3.79 | 0.07 | 0.17 | 0.44 | 0.53 | 0.46 | 0.31 | −0.16 | −0.15 | −0.07 |
| Debt / equity | 0.63 | 0.65 | 1.73 | 2.51 | 1.41 | 1.17 | 0.42 | 0.93 | 1.24 | 1.14 |
| Equity / assets | 10.8% | 9.3% | 8.7% | 7.7% | 10.8% | 11.2% | 12.3% | 11.5% | 11.1% | 11.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.08B | $69.6M | $1.67B | $630.1M | $1.85B | $1.50B | $467.7M | $1.73B | $1.63B | $1.33B | $550.4M | $1.27B |
| Cash & equivalents | $116.4M | $69.6M | $53.5M | $131.7M | $325.1M | $63.3M | $135.3M | $291.8M | $211.9M | $54.1M | $44.5M | $41.9M |
| Short-term investments | $1.96B | $1.83B | $1.62B | $498.4M | $1.52B | $1.44B | $332.4M | $1.44B | $1.41B | $1.28B | $505.9M | $1.22B |
| Receivables | $50.0M | $37.6M | $35.4M | $35.4M | $35.5M | $34.5M | $34.5M | $32.8M | $33.4M | $16.3M | $15.9M | $15.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.7M | −$7.2M | −$7.0M | −$57.5M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.2M | $7.0M | $57.5M |
| Total current assets | $2.13B | $107.2M | $1.70B | $665.6M | $1.88B | $1.53B | $502.1M | $1.76B | $1.66B | $1.35B | $566.3M | $1.28B |
| Property, plant & equipment (net) | $150.7M | $136.8M | $136.8M | $136.1M | $134.0M | $132.3M | $132.3M | $134.8M | $135.6M | $61.6M | $61.1M | $57.5M |
| Goodwill & intangible assets | $199.1M | $74.3M | $75.9M | $79.6M | $83.3M | $85.8M | $90.1M | $94.4M | $98.7M | $0 | $0 | $0 |
| Long-term investments | $563.0M | $826.0M | $516.0M | $498.4M | $1.52B | $1.44B | $332.4M | $1.44B | $1.41B | $1.28B | $1.25B | $1.22B |
| Other non-current assets | $7.95B | $6.78B | $5.49B | $6.51B | $4.43B | $4.65B | $6.76B | $4.44B | $4.50B | $1.01B | $1.74B | $1.02B |
| Total assets | $10.99B | $7.93B | $7.92B | $7.89B | $8.05B | $7.84B | $7.81B | $7.86B | $7.81B | $3.70B | $3.62B | $3.59B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | $28.9M | $29.8M |
| Short-term debt | $525.0M | $525.0M | $450.0M | $450.0M | $650.0M | $300.0M | $365.0M | $320.2M | $285.2M | $360.0M | $272.0M | $299.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | −$28.9M | −$20.1M |
| Total current liabilities | $525.0M | $525.0M | $450.0M | $6.86B | $7.04B | $300.0M | $6.88B | $6.92B | $6.92B | $3.35B | $3.30B | $3.31B |
| Long-term debt | $152.2M | $88.8M | $87.5M | $86.1M | $114.7M | $113.3M | $111.9M | $430.6M | $394.2M | $360.0M | $272.0M | $299.0M |
| Other long-term liabilities | $9.11B | $6.45B | $6.53B | $118.6M | $117.4M | $6.67B | $89.9M | $0 | $0 | $0 | $1.80B | $0 |
| Total liabilities | $9.79B | $7.06B | $7.07B | $7.07B | $7.27B | $7.08B | $7.08B | $7.13B | $7.12B | $3.38B | $3.30B | $3.31B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $10.4M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $4.0M | $4.0M | $4.0M |
| Retained earnings (deficit) | $533.9M | $535.8M | $517.1M | $495.4M | $474.0M | $452.7M | $434.1M | $422.8M | $403.4M | $428.5M | $427.3M | $426.7M |
| Accumulated other comprehensive income | −$58.4M | −$69.0M | −$59.0M | −$68.5M | −$87.9M | −$88.0M | −$95.7M | −$75.8M | −$100.4M | −$101.0M | −$103.5M | −$146.2M |
| Total shareholders' equity | $1.20B | $864.5M | $854.6M | $822.2M | $780.0M | $758.0M | $730.2M | $738.1M | $693.1M | $319.3M | $314.8M | $270.8M |
| Key figures | ||||||||||||
| Total debt | $677.2M | $613.8M | $537.5M | $536.1M | $764.7M | $300.0M | $476.9M | $430.6M | $394.2M | $720.0M | $544.0M | $598.0M |
| Net cash (debt) | $1.40B | −$544.2M | $1.13B | $94.0M | $1.08B | $1.20B | −$9.2M | $1.30B | $1.23B | $609.6M | $6.4M | $668.3M |
| Working capital | $1.60B | −$417.8M | $1.25B | −$6.20B | −$5.16B | $1.23B | −$6.38B | −$5.16B | −$5.26B | −$2.00B | −$2.74B | −$2.03B |
| Tangible book value | $1.00B | $790.2M | $778.8M | $742.7M | $696.8M | $672.2M | $640.1M | $643.7M | $594.4M | $319.3M | $314.8M | $270.8M |
| Book value per share | $64.96 | $57.13 | $56.87 | $54.41 | $51.92 | $50.44 | $48.55 | $49.07 | $92.08 | $42.42 | $41.53 | $36.11 |
| Shares outstanding | 18.5M | 15.1M | 15.0M | 15.1M | 15.0M | 15.0M | 15.0M | 15.0M | 7.5M | 7.5M | 7.6M | 7.5M |
| Current ratio | 4.06 | 0.20 | 3.79 | 0.10 | 0.27 | 5.12 | 0.07 | 0.25 | 0.24 | 0.40 | 0.17 | 0.39 |
| Quick ratio | 4.06 | 0.20 | 3.79 | 0.10 | 0.27 | 5.12 | 0.07 | 0.25 | 0.24 | 0.40 | 0.17 | 0.39 |
| Debt / equity | 0.56 | 0.71 | 0.63 | 0.65 | 0.98 | 0.40 | 0.65 | 0.58 | 0.57 | 2.25 | 1.73 | 2.21 |
| Equity / assets | 10.9% | 10.9% | 10.8% | 10.4% | 9.7% | 9.7% | 9.3% | 9.4% | 8.9% | 8.6% | 8.7% | 7.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
BHRB financial position
At the end of fiscal 2025 (December 31, 2025), Burke & Herbert Bank & had total assets of $7.9 billion (up 1.4% from a year earlier), total liabilities of $7.1 billion and shareholders' equity of $854.6 million. It held $1.7 billion in cash and short-term investments against $537.5 million of debt, a net cash position of $1.1 billion. Its current ratio was 3.79. In the latest quarter (ended June 30, 2026) total assets were $11.0 billion and equity $1.2 billion.
Related: BHRB income statement, BHRB cash flow statement, BHRB key metrics. See the BHRB stock overview for the latest quote and news.
BHRB balance sheet FAQ
What are Burke & Herbert Bank &'s total assets?
Burke & Herbert Bank & reported total assets of $7.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $7.8 billion a year earlier.
How much debt does Burke & Herbert Bank & have?
Burke & Herbert Bank & had $537.5 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.63.
How much cash does Burke & Herbert Bank & have?
Burke & Herbert Bank & held $1.7 billion in cash and short-term investments at the end of fiscal 2025; with $537.5 million of debt that is net cash of $1.1 billion.
What is Burke & Herbert Bank &'s book value?
Burke & Herbert Bank &'s shareholders' equity (book value) was $854.6 million at the end of fiscal 2025, or $56.87 per share.
What is Burke & Herbert Bank &'s current ratio?
Burke & Herbert Bank & had current assets of $1.7 billion and current liabilities of $450.0 million, a current ratio of 3.79 (it can cover its short-term obligations).
How much goodwill does Burke & Herbert Bank & have?
Burke & Herbert Bank & carried $75.9 million of goodwill and intangible assets, 1.0% of total assets, at the end of fiscal 2025.