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Side-by-side financial comparison of Burke & Herbert Financial Services Corp. (BHRB) and RIGEL PHARMACEUTICALS INC (RIGL). Click either name above to swap in a different company.

Burke & Herbert Financial Services Corp. is the larger business by last-quarter revenue ($86.5M vs $69.8M, roughly 1.2× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs 34.9%, a 349.1% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs 4.9%). Over the past eight quarters, Burke & Herbert Financial Services Corp.'s revenue compounded faster (81.1% CAGR vs 53.7%).

Burke & Herbert Financial Services Corp is a U.S.-based regional financial holding company, offering personal and commercial banking, wealth management, residential mortgage lending, and small business financing services. Its core market covers Virginia and adjacent Mid-Atlantic regions, serving retail consumers, SMEs, and high-net-worth clients.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

BHRB vs RIGL — Head-to-Head

Bigger by revenue
BHRB
BHRB
1.2× larger
BHRB
$86.5M
$69.8M
RIGL
Growing faster (revenue YoY)
RIGL
RIGL
+16.3% gap
RIGL
21.2%
4.9%
BHRB
Higher net margin
RIGL
RIGL
349.1% more per $
RIGL
384.0%
34.9%
BHRB
Faster 2-yr revenue CAGR
BHRB
BHRB
Annualised
BHRB
81.1%
53.7%
RIGL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHRB
BHRB
RIGL
RIGL
Revenue
$86.5M
$69.8M
Net Profit
$30.2M
$268.1M
Gross Margin
91.5%
Operating Margin
43.8%
33.2%
Net Margin
34.9%
384.0%
Revenue YoY
4.9%
21.2%
Net Profit YoY
52.8%
1769.2%
EPS (diluted)
$1.98
$14.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHRB
BHRB
RIGL
RIGL
Q4 25
$86.5M
$69.8M
Q3 25
$85.4M
$69.5M
Q2 25
$87.1M
$101.7M
Q1 25
$83.0M
$53.3M
Q4 24
$82.5M
$57.6M
Q3 24
$83.8M
$55.3M
Q2 24
$69.3M
$36.8M
Q1 24
$26.4M
$29.5M
Net Profit
BHRB
BHRB
RIGL
RIGL
Q4 25
$30.2M
$268.1M
Q3 25
$30.0M
$27.9M
Q2 25
$29.9M
$59.6M
Q1 25
$27.2M
$11.4M
Q4 24
$19.8M
$14.3M
Q3 24
$27.6M
$12.4M
Q2 24
$-16.9M
$-1.0M
Q1 24
$5.2M
$-8.2M
Gross Margin
BHRB
BHRB
RIGL
RIGL
Q4 25
91.5%
Q3 25
93.2%
Q2 25
95.6%
Q1 25
91.7%
Q4 24
89.9%
Q3 24
85.5%
Q2 24
92.4%
Q1 24
93.1%
Operating Margin
BHRB
BHRB
RIGL
RIGL
Q4 25
43.8%
33.2%
Q3 25
43.3%
40.9%
Q2 25
42.7%
60.1%
Q1 25
39.6%
23.9%
Q4 24
24.6%
28.9%
Q3 24
39.2%
25.4%
Q2 24
-27.5%
1.2%
Q1 24
22.3%
-23.6%
Net Margin
BHRB
BHRB
RIGL
RIGL
Q4 25
34.9%
384.0%
Q3 25
35.1%
40.2%
Q2 25
34.3%
58.6%
Q1 25
32.8%
21.5%
Q4 24
24.0%
24.9%
Q3 24
33.0%
22.5%
Q2 24
-24.4%
-2.8%
Q1 24
19.8%
-27.9%
EPS (diluted)
BHRB
BHRB
RIGL
RIGL
Q4 25
$1.98
$14.11
Q3 25
$1.97
$1.46
Q2 25
$1.97
$3.28
Q1 25
$1.80
$0.63
Q4 24
$1.72
$0.82
Q3 24
$1.82
$0.70
Q2 24
$-1.41
$-0.06
Q1 24
$0.69
$-0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHRB
BHRB
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$155.0M
Total DebtLower is stronger
$52.5M
Stockholders' EquityBook value
$854.6M
$391.5M
Total Assets
$7.9B
$513.6M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHRB
BHRB
RIGL
RIGL
Q4 25
$155.0M
Q3 25
$137.1M
Q2 25
$108.4M
Q1 25
$77.1M
Q4 24
$77.3M
Q3 24
$61.1M
Q2 24
$49.1M
Q1 24
$49.5M
Total Debt
BHRB
BHRB
RIGL
RIGL
Q4 25
$52.5M
Q3 25
$60.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$60.0M
Stockholders' Equity
BHRB
BHRB
RIGL
RIGL
Q4 25
$854.6M
$391.5M
Q3 25
$822.2M
$117.6M
Q2 25
$780.0M
$81.9M
Q1 25
$758.0M
$18.6M
Q4 24
$730.2M
$3.3M
Q3 24
$738.1M
$-14.6M
Q2 24
$693.1M
$-29.9M
Q1 24
$319.3M
$-31.7M
Total Assets
BHRB
BHRB
RIGL
RIGL
Q4 25
$7.9B
$513.6M
Q3 25
$7.9B
$242.5M
Q2 25
$8.1B
$206.7M
Q1 25
$7.8B
$176.0M
Q4 24
$7.8B
$164.0M
Q3 24
$7.9B
$139.4M
Q2 24
$7.8B
$128.4M
Q1 24
$3.7B
$126.5M
Debt / Equity
BHRB
BHRB
RIGL
RIGL
Q4 25
0.13×
Q3 25
0.51×
Q2 25
0.73×
Q1 25
3.23×
Q4 24
18.25×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHRB
BHRB
RIGL
RIGL
Operating Cash FlowLast quarter
$107.9M
$22.0M
Free Cash FlowOCF − Capex
$96.2M
FCF MarginFCF / Revenue
111.2%
Capex IntensityCapex / Revenue
13.5%
Cash ConversionOCF / Net Profit
3.57×
0.08×
TTM Free Cash FlowTrailing 4 quarters
$164.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHRB
BHRB
RIGL
RIGL
Q4 25
$107.9M
$22.0M
Q3 25
$39.3M
$24.0M
Q2 25
$41.0K
$30.5M
Q1 25
$37.6M
$-893.0K
Q4 24
$85.8M
$14.5M
Q3 24
$47.8M
$21.7M
Q2 24
$-46.0M
$302.0K
Q1 24
$7.1M
$-5.0M
Free Cash Flow
BHRB
BHRB
RIGL
RIGL
Q4 25
$96.2M
Q3 25
$35.4M
Q2 25
$-3.4M
Q1 25
$35.9M
Q4 24
$81.2M
Q3 24
$46.0M
Q2 24
$-47.0M
Q1 24
$5.6M
FCF Margin
BHRB
BHRB
RIGL
RIGL
Q4 25
111.2%
Q3 25
41.5%
Q2 25
-3.9%
Q1 25
43.2%
Q4 24
98.5%
Q3 24
55.0%
Q2 24
-67.8%
Q1 24
21.2%
Capex Intensity
BHRB
BHRB
RIGL
RIGL
Q4 25
13.5%
Q3 25
4.5%
Q2 25
3.9%
Q1 25
2.1%
Q4 24
5.5%
Q3 24
2.1%
Q2 24
1.5%
Q1 24
5.7%
Cash Conversion
BHRB
BHRB
RIGL
RIGL
Q4 25
3.57×
0.08×
Q3 25
1.31×
0.86×
Q2 25
0.00×
0.51×
Q1 25
1.38×
-0.08×
Q4 24
4.33×
1.01×
Q3 24
1.73×
1.75×
Q2 24
Q1 24
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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