Burke & Herbert Financial Services Corp. entered into a change in control agreement with Executive Vice President and Chief Financial Officer Kirtan Parikh on July 6, 2026. The agreement provides severance benefits if Mr. Parikh is terminated without cause or for good reason within twelve months following a change in control event. Benefits include twenty-four months of base salary, a lump-sum payment equal to two times his target annual incentive bonus from the preceding fiscal year, and healthcare premium coverage for up to eighteen months. The company operates in the banking industry.

Burke & Herbert Financial Services Corp. reported second quarter 2026 results, highlighting the May 1, 2026, completion of its merger with LINKBANCORP, Inc. for approximately $329.7 million. The merger increased total assets to $11.0 billion and total deposits to $9.0 billion. The company reported net income applicable to common shares of $9.3 million and diluted EPS of $0.50, though adjusted (non-GAAP) operating net income was $37.5 million with an adjusted diluted EPS of $2.03. The Board declared a regular quarterly cash dividend of $0.55 per share. The company operates as a financial holding company for a community bank providing business and personal financial solutions.

Burke & Herbert Financial Services Corp. completed its merger with LINKBANCORP, Inc. on May 1, 2026. Under the merger agreement, LNKB common stock was converted into 0.1350 shares of Burke & Herbert common stock per share. The transaction had an estimated fully diluted value of approximately $329.7 million. Burke & Herbert Financial Services Corp. is a financial services company providing banking and wealth management services.

Burke & Herbert Financial Services Corp. entered into a separation agreement with retiring President H. Charles Maddy, III, effective June 30, 2026. The agreement includes a lump sum cash severance of $558,334.40, a company vehicle valued at $58,400, ten months of COBRA coverage, and accelerated vesting of 6,673.32 performance-based restricted stock units to be delivered by March 15, 2027. Burke & Herbert Financial Services Corp. is a financial services company providing banking and trust services.

Burke & Herbert Financial Services Corp. announced that Roy E. Halyama, current Executive Vice President and CFO, will be appointed as President of the Company and Burke & Herbert Bank & Trust Company effective July 1, 2026. This appointment follows the retirement of H. Charles Maddy, III as President, effective June 30, 2026. Burke & Herbert Financial Services Corp. is a financial services company providing banking services through its primary subsidiary, Burke & Herbert Bank & Trust Company.