BHRB Q4 2020 Earnings Report — Burke & Herbert Financial Services Corp. Revenue & Financial Results | Market Cap Arena

Burke & Herbert Financial Services Corp.BHRB

Q4 2020 Earnings

Reported December 30, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q4 2020	Q3 2020	Q4 2019	QoQ Change	YoY Change
Revenue	$30M	$30M	$26M	0.1%	16.3%
Op. Income	$10M	$6M	-$4M	67.3%	328.2%
Gross Margin	93.7%	80.0%	60.4%	13.8pp	33.4pp
Net Margin	30.4%	19.6%	-5.4%	10.8pp	35.8pp
EPS (Diluted)	$1.22	$0.79	$-0.18	54.4%	777.8%

Revenue Flow

Item	Amount
REVENUE	$30M
Cost of Revenue	$2M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$13M
SG&A Expenses	$13M
Other Expenses	$5M
Operating Expenses	$18M
Cost & Expenses	$20M
OPERATING INCOME	$10M
Interest Income	$25M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$10M
Income Tax Expense	$1M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$0
EBIT	$10M
EBITDA	$10M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$30M
Cost of Revenue	$2M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$13M
SG&A Expenses	$13M
Other Expenses	$5M
Operating Expenses	$18M
Cost & Expenses	$20M
OPERATING INCOME	$10M
Interest Income	$25M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$10M
Income Tax Expense	$1M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$0
EBIT	$10M
EBITDA	$10M
EPS	$1
EPS Diluted	$1

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$242M
TOTAL CURRENT ASSETS	$242M
PP&E (Net)	$49M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$57M
Tax Assets	$0
Other Non-Current Assets	$3.1B
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$3.4B
Account Payables	$0
Short-Term Debt	$2M
Deferred Revenue	$0
Other Current Liabilities	$852M
TOTAL CURRENT LIABILITIES	$855M
Long-Term Debt	$225M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2.0B
TOTAL NON-CURRENT LIABILITIES	$2.2B
TOTAL LIABILITIES	$3.0B
Common Stock	$4M
Additional Paid-In Capital	$10M
Retained Earnings	$348M
Treasury Stock	$0
Accum. Other Comp. Income	$23M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$385M
Minority Interest	$0
TOTAL EQUITY	$385M
TOTAL LIABILITIES & EQUITY	$3.4B
Total Debt	$234M
Net Debt	$234M