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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Apr. 23, 4:25 AM

This Slide: #13 of 100

Slide #13. Burke & Herbert Financial Services Corp. — Summit Financial Group, Inc.

Acquirer: Burke & Herbert Financial Services Corp. (BHRB)
Acquiree: Summit Financial Group, Inc. (SMMF)
Details: Burke & Herbert Financial Services Corp. ("Burke & Herbert") (Nasdaq: BHRB) and Summit Financial Group, Inc. ("Summit") (Nasdaq: SMMF) today announced receipt of all required regulatory approvals or waivers necessary to complete the previously announced merger of equals pursuant to the Agreement and Plan of Reorganization, dated as of August 24, 2023, by and between Burke & Herbert and Summit. The merger is expected to close on May 3, 2024, pending satisfaction of customary closing conditions.

Burke & Herbert bank & Trust is engaged in commercial, consumer and residential loans to customers throughout Northern Virginial. Co. is a member of Federal Deposit Insurance Corp.

BHRB SEC Filing Email Alerts Service


Open the BHRB Page at The Online Investor »

Burke & Herbert bank & Trust is engaged in commercial, consumer and residential loans to customers throughout Northern Virginial. Co. is a member of Federal Deposit Insurance Corp.

BHRB SEC Filing Email Alerts Service


Open the SMMF Page at The Online Investor »

BHRB — Key Stats (updated 17 hours, 57 minutes ago)
Company Name:  Burke Herbert Financial Services Corp
Website:  www.burkeandherbert.com
Sector:  Banking & Savings
Number of ETFs Holding BHRB:  19
Total Market Value Held by ETFs:  $31.57M
Total Market Capitalization:  $386.00M
% of Market Cap. Held by ETFs:  8.18%
SMMF — Key Stats (updated 17 hours, 49 minutes ago)
Company Name:  Summit Financial Group Inc
Stock buyback:  SMMF buyback
Website:  www.summitfgi.com
Sector:  Banking & Savings
Number of ETFs Holding SMMF:  17
Total Market Value Held by ETFs:  $28.44M
Total Market Capitalization:  $368.00M
% of Market Cap. Held by ETFs:  7.73%
 

April 23, 2024  •  4:25 AM Eastern
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