Deal propels Virginia's Burke & Herbert into Pennsylvania

Key insight: Burke & Herbert in Alexandria, Virginia, would gain its first exposure to Pennsylvania's banking market with a $354 million stock deal for Linkbancorp in Camp Hill. Expert quote: The transaction "appears to be sound and helps provide geographic diversification to Burke & Herbert's footprint," Janney Montgomery Scott Analyst Daniel Cardenas wrote Friday in a research note. Supporting data: Burke & Herbert says its previous deal, a merger with Summit Financial Group in Moorefield, West Virginia, ...