Burke & Herbert Financial Services (BHRB) - 2024 Q2 - Quarterly Results

For Immediate Release July 26, 2024 Q2 2024 Highlights • Related to the merger, the total aggregate consideration paid was approximately $397.4 million and resulted in approximately $32.8 million of preliminary goodwill subject to adjustment in accordance with ASC 805. 1 • Basic and diluted loss per common share for the quarter was $1.41; adjusted (non-GAAP ) diluted EPS for the quarter was $2.04. 1 • Net interest margin on a fully taxable equivalent basis (non-GAAP ) for the quarter was 4.06%. • Provision ...