KBRA Comments on Burke & Herbert Financial Services Corp.'s Proposed Acquisition of LINKBANCORP, Inc.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On December 18, 2025, Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) (KBRA senior unsecured rating of BBB / Stable Outlook), the parent company of Burke and Herbert Bank and Trust Company, announced a definitive merger agreement with LINKBANCORP, Inc. (NASDAQ: LNKB), the parent company of LINKBANK, pursuant to which BHRB will acquire LNKB in an all-stock transaction. The transaction, which had an estimated value of approximately $354 million, is expe ...