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Burke & Herbert Financial Services (Burke & Herbert Financial Services) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is Burke & Herbert Financial Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Burke & Herbert Financial Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $314.8 Mil. Burke & Herbert Financial Services's Total Assets for the quarter that ended in Dec. 2023 was $3,617.6 Mil. Therefore, Burke & Herbert Financial Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for Burke & Herbert Financial Services's Equity-to-Asset or its related term are showing as below:

BHRB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.11   Max: 0.12
Current: 0.09

During the past 10 years, the highest Equity to Asset Ratio of Burke & Herbert Financial Services was 0.12. The lowest was 0.08. And the median was 0.11.

BHRB's Equity-to-Asset is ranked better than
50.34% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs BHRB: 0.09

Burke & Herbert Financial Services Equity-to-Asset Historical Data

The historical data trend for Burke & Herbert Financial Services's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Burke & Herbert Financial Services Equity-to-Asset Chart

Burke & Herbert Financial Services Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.11 0.11 0.08 0.09

Burke & Herbert Financial Services Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.08 0.08 0.09

Competitive Comparison of Burke & Herbert Financial Services's Equity-to-Asset

For the Banks - Regional subindustry, Burke & Herbert Financial Services's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Burke & Herbert Financial Services's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Burke & Herbert Financial Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Burke & Herbert Financial Services's Equity-to-Asset falls into.



Burke & Herbert Financial Services Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Burke & Herbert Financial Services's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=314.75/3617.579
=0.09

Burke & Herbert Financial Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=314.75/3617.579
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Burke & Herbert Financial Services  (NAS:BHRB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Burke & Herbert Financial Services Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Burke & Herbert Financial Services's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Burke & Herbert Financial Services (Burke & Herbert Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
100 S Fairfax Street, Alexandria, VA, USA, 22314
Burke & Herbert Financial Services Corp is the bank holding company. The bank offers a full range of business and personal financial solutions designed to meet customers' banking, borrowing, and investment needs and has over 20 branches throughout the Northern Virginia region and commercial loan offices in Fredericksburg, Loudoun County, and Richmond, Virginia, and in Bethesda, Maryland.
Executives
Barnwell Julian Forrest Jr. director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Shawn Patrick Mclaughlin director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
David P Boyle director, officer: Chair, President, & CEO 5151 COLUMBUS RD, WOOSTER OH 44691
Jose David Riojas director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Mark Guthrie Anderson director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Nicholas Iii Carosi director 22900 SHAW ROAD, SUITE 111, STERLING VA 20166
Shannon Barrow Rowan officer: EVP, Wealth Services C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Hinson Samuel Laing Iii director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Smith Kendrick Cook officer: EVP, Operations C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Katherine Diane Bonnafe director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Edmund Hunt Burke director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Michael David Lubeley director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Jennifer Palmer Schmidt officer: EVP, Enterprise Risk C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Joseph Frye Collum officer: Executive Vice President C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Emily Stavroula Debeniotis officer: EVP, Human Resources C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314