Burke & Herbert Financial Services (OTCMKTS:BHRB) Shares Down 2.1% – Here’s Why

Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB) fell 2.1% on Friday . The stock traded as low as $62.96 and last traded at $63.05. 50,635 shares were traded during mid-day trading, a decline of 47% from the average session volume of 95,355 shares. The stock had previously closed at $64.43.

Burke & Herbert Financial Services Stock Down 2.1%

The company has a market cap of $947.58 million, a price-to-earnings ratio of 8.96 and a beta of 1.02. The company has a fifty day simple moving average of $63.97 and a two-hundred day simple moving average of $62.25.

Burke & Herbert Financial Services Company Profile

Burke & Herbert Financial Services, Inc is the bank holding company for Burke & Herbert Bank, a community-focused financial institution headquartered in Richmond, Virginia. The company’s stock is traded on the OTC Markets under the symbol BHRB. As a holding company, Burke & Herbert Financial Services oversees the strategic direction and regulatory compliance of its banking subsidiary, positioning it to serve individual and commercial clients across central Virginia.

Through Burke & Herbert Bank, the company offers a comprehensive suite of financial products and services, including personal checking and savings accounts, business deposit solutions, residential and commercial lending, mortgage financing, and treasury management services.