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BHRB (Burke & Herbert Financial Services) Total Assets : $7,812.2 Mil (As of Dec. 2024)


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What is Burke & Herbert Financial Services Total Assets?

Burke & Herbert Financial Services's Total Assets for the quarter that ended in Dec. 2024 was $7,812.2 Mil.

Warning Sign:

If a company builds assets at 24.3% a year, faster than its revenue growth rate of 7.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Burke & Herbert Financial Services's average Total Assets Growth Rate was 139.50% per year. During the past 3 years, the average Total Assets Growth Rate was 55.90% per year. During the past 5 years, the average Total Assets Growth Rate was 24.30% per year. During the past 10 years, the average Total Assets Growth Rate was 16.00% per year.

During the past 11 years, Burke & Herbert Financial Services's highest 3-Year average Total Assets Growth Rate was 55.90%. The lowest was 0.80%. And the median was 11.70%.

Total Assets is connected with ROA %. Burke & Herbert Financial Services's annualized ROA % for the quarter that ended in Dec. 2024 was 1.01%. Total Assets is also linked to Revenue through Asset Turnover. Burke & Herbert Financial Services's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


Burke & Herbert Financial Services Total Assets Historical Data

The historical data trend for Burke & Herbert Financial Services's Total Assets 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 Total Assets Chart

Burke & Herbert Financial Services Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,424.78 3,621.74 3,562.90 3,617.58 7,812.19

Burke & Herbert Financial Services Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets 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 3,617.58 3,696.39 7,810.19 7,864.91 7,812.19

Burke & Herbert Financial Services Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Burke & Herbert Financial Services's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=730.157+7082.028
=7,812.2

Burke & Herbert Financial Services's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=730.157+7082.028
=7,812.2

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Burke & Herbert Financial Services's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=79.172/( (7864.913+7812.185)/ 2 )
=79.172/7838.549
=1.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Burke & Herbert Financial Services's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=80.402/( (7864.913+7812.185)/ 2 )
=80.402/7838.549
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Burke & Herbert Financial Services Total Assets Related Terms

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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. Through its subsidiary, it predominantly serves small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals with various banking products and financial services. Some of its products and service offerings include checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential mortgage, acquisition, construction, and development loans, online banking, mobile banking, and wealth and trust services. The company operates in a single segment, namely Community Banking.
Executives
Barnwell Julian Forrest Jr. director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Jose David Riojas 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
James Mason Burke 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
David P Boyle director, officer: Chair, President, & CEO 5151 COLUMBUS RD, WOOSTER OH 44691
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