Burke & Herbert Financial Services Corp. (BHRB) released a profit for fourth quarter that decreased from last year
The company's earnings totaled $5.1 million, or $0.67 per share. This compares with $13.4 million, or $1.78 per share, in last year's fourth quarter.
Excluding items, Burke & Herbert Financial Services Corp. reported adjusted earnings of $6.2 million or $0.83 per share for the period.
The company's revenue for the quarter fell 20.1% to $22.3 million from $27.9 million last year.
Burke & Herbert Financial Services Corp. earnings at a glance (GAAP) :
-Earnings (Q4): $5.1 Mln. vs. $13.4 Mln. last year.
-EPS (Q4): $0.67 vs. $1.78 last year.
-Revenue (Q4): $22.3 Mln vs. $27.9 Mln last year.
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