Burke & Herbert Financial Services Corp to Acquire LINKBANCORP, Inc. in All-Stock Transaction

Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) announced a definitive merger agreement to acquire LINKBANCORP, Inc. (NASDAQ: LNKB) in an all-stock transaction valued at approximately $354 million. The deal is expected to close in 2Q26 and is designed to expand Burke & Herbert’s footprint in central and eastern Pennsylvania as well as deepen its presence across parts of Maryland and Delaware.