Burke & Herbert Financial Services Corp. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 22.3 million compared to USD 27.91 million a year ago. Net income was USD 5.08 million compared to USD 13.35 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 1.8 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 1.78 a year ago.
For the full year, net interest income was USD 93.76 million compared to USD 103.69 million a year ago. Net income was USD 22.69 million compared to USD 44.01 million a year ago. Diluted earnings per share from continuing operations was USD 3.02 compared to USD 5.89 a year ago.