Burke & Herbert Financial Services (BHRB) Operating Expenses (2022 - 2026)
Burke & Herbert Financial Services' (BHRB) quarterly Operating Expenses came in at $93.5 million in Q2 2026, up 89.65% on a YoY basis from $49.3 million in Q2 2025, and up 81.99% quarter-over-quarter from $51.4 million in Q1 2026.
Analysis
Burke & Herbert Financial Services (BHRB) Operating Expenses (2022 - 2026) Analysis & Trends
Burke & Herbert Financial Services (BHRB) has reported Operating Expenses for 5 consecutive years, with $93.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 89.65% year-over-year to $93.5 million; the trailing twelve-month figure through Jun 2026 stood at $241.5 million (up 14.33% YoY), and the FY2025 full-year result was $195.6 million, down 1.15% from the prior year.
- Operating Expenses climbed to $93.5 million in Q2 2026 per BHRB's latest filing, from $51.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $93.5 million in Q2 2026 and bottomed at $16.5 million in Q4 2022.
- Historically, Operating Expenses has averaged $38.9 million across 5 years, with a median of $35.3 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 201.82% in 2024, then decreased 23.48% in 2025.
- Over 5 years, Operating Expenses stood at $16.5 million in 2022, then soared by 35.47% to $22.3 million in 2023, then surged by 175.38% to $61.4 million in 2024, then dropped by 21.02% to $48.5 million in 2025, then surged by 92.8% to $93.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $93.5 million, $51.4 million, and $48.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | Burke & Herbert Financial Services | 1.32 Bn | 1.15 Bn | - | 93.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.51 Mn |
| Mar 31, 2026 | 51.38 Mn |
| Dec 31, 2025 | 48.50 Mn |
| Sep 30, 2025 | 48.09 Mn |
| Jun 30, 2025 | 49.31 Mn |
| Mar 31, 2025 | 49.66 Mn |
| Dec 31, 2024 | 61.41 Mn |
| Sep 30, 2024 | 50.83 Mn |
| Jun 30, 2024 | 64.43 Mn |
| Mar 31, 2024 | 21.17 Mn |
| Dec 31, 2023 | 22.30 Mn |
| Sep 30, 2023 | 22.42 Mn |
| Jun 30, 2023 | 21.35 Mn |
| Mar 31, 2023 | 20.37 Mn |
| Dec 31, 2022 | 16.46 Mn |
| Sep 30, 2022 | 19.95 Mn |
| Jun 30, 2022 | 20.37 Mn |
| Mar 31, 2022 | 19.17 Mn |