BHRBMEDIUM SIGNALFINANCIAL10-K

BHRB experienced substantial financial growth with net income increasing 229% despite interest expenses surging 494%, indicating strong operational performance offsetting higher debt costs.

The dramatic increase in interest expense suggests BHRB has taken on significant additional debt or faced rising interest rates on existing obligations. However, the company's ability to more than triple net income demonstrates strong underlying business performance and effective capital deployment that has outpaced the increased financing costs.

Comparing 2026-02-27 vs 2025-03-17View on EDGAR →
FINANCIAL ANALYSIS

BHRB delivered exceptional financial performance with net income surging 229% to $117.3M and operating cash flow growing 26% to $107.9M, demonstrating robust operational strength. The 494% spike in interest expense to $53.1M indicates substantial new borrowing or refinancing at higher rates, while increased capital expenditures (+156%) and higher dividends (+18%) suggest aggressive growth investment and shareholder returns. Despite higher debt servicing costs, the company's ability to generate strong profits and cash flows while building stockholders' equity by 17% signals effective capital allocation and a healthy financial trajectory.

FINANCIAL STATEMENT CHANGES
Interest Expense
P&L
+494.3%
$8.9M$53.1M

Interest expense surged 494.3% — significant debt increase or rising rates materially impacting earnings.

Net Income
P&L
+228.5%
$35.7M$117.3M

Net income grew 228.5% — bottom-line growth signals improving overall business health.

Capital Expenditure
Cash Flow
+156.3%
$4.6M$11.7M

Capital expenditure jumped 156.3% — major investment cycle underway; assess returns on deployment.

Operating Cash Flow
Cash Flow
+25.8%
$85.8M$107.9M

Operating cash flow grew 25.8% — strong conversion of earnings to cash, healthy business fundamentals.

Dividends Paid
Cash Flow
+18.4%
$28.6M$33.9M

Dividend payments increased 18.4% — management confidence in sustained cash generation.

Stockholders Equity
Balance Sheet
+17.1%
$730.2M$854.6M

Equity base grew 17.1% — retained earnings accumulation or equity issuance strengthening the balance sheet.

LANGUAGE CHANGES
NEW — 2026-02-27
PRIOR — 2025-03-17
ADDED
Management's Discussion and Analysis of Financial Condition and Results of Operations 64 Item 7A.
Additionally, forward-looking statements speak only as of the date they are made; the Company does not assume any duty, does not undertake, and specifically disclaims any obligation to update such forward-looking statements, whether written or oral that may be made from time to time, whether because of new information, future events, or otherwise, except as required by law.
Such statements are based upon the current beliefs and expectations of the management of the Company and are subject to significant risks and uncertainties outside of the control of the parties.
Other factors, including unknown or unpredictable factors, also could harm the Company.
Accordingly, you should consider all of these risks, uncertainties and other factors carefully in evaluating all such forward-looking statements made by the Company and not place undue reliance on forward-looking statements.
+7 more — sign up free →
REMOVED
Management's Discussion and Analysis of Financial Condition and Results of Operations 53 Item 7A.
Disclosure Regarding Forward-Looking Statements This Form 10-K contains statements that we believe are, or may be considered to be, forward-looking statements.
Furthermore, forward-looking statements may be included in various filings that we make with the Securities and Exchange Commission ( SEC ) or press releases or oral statements made by or with the approval of one of our authorized executive officers.
Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Form 10-K, which reflect management s opinions only as of the date hereof.
Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
PNRGHIGHPNRG achieved exceptional profitability improvement with net income surging 2,21...
2026-04-16
BNAIHIGHBNAI underwent a dramatic reverse stock split that reduced share count by 86% wh...
2026-04-16
LAKEHIGHLAKE's financial performance deteriorated significantly with operating losses wo...
2026-04-16
NXXTHIGHNextNRG experienced massive financial deterioration with operating losses explod...
2026-04-16
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →