Bar Harbor Bankshares

Bar Harbor Bankshares operates through its subsidiaries, which engages in the provision of commercial, retail, and wealth management banking services. It includes lending activities, acceptance of demand, savings and time deposits, business services, investment management, and trust and third-party brokerage services. The company was founded in 1887 and is headquartered in Bar Harbor, ME.

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Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.73 per share a year ago.

Bar Harbor Bankshares (BHB) Surpasses Q3 Earnings and Revenue Estimates

BAR HARBOR, ME / ACCESSWIRE / October 22, 2024 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported third quarter 2024 GAAP and core (Non-GAAP) net income of $12.1 million or $0.80 per diluted share compared to GAAP and core (Non-GAAP) net income of $11.1 million or $0.73 per diluted share in the same quarter of 2023. THIRD QUARTER 2024 HIGHLIGHTS Return on assets of 1.20% Core deposit growth of 18% annualized Net interest margin of 3.15% Non-accruing loans to total loans ratio of 0.23% Wealth management related fee income growth of 17% year over year Bar Harbor Bankshares' President and Chief Executive Officer, Curtis C.

Bar Harbor Bankshares Reports Third Quarter 2024 Results; Declares Dividend

The loan growth outlook is positive thanks to interest rate cuts, stability in housing prices, and New England's consistently low unemployment rates. Interest rate cuts will likely pressurize the margin. I've reduced my margin estimate following the first half's disappointing performance. The December 2025 target price suggests a small price upside. Further, BHB is offering an attractive dividend yield of 4.1%.

Bar Harbor Bankshares: Upgrading To Buy, Earnings Likely To Recover Next Year

Bar Harbor Bankshares is a stable regional bank at a 52-week high, with a reliable dividend for income investors. Revenues are stabilizing, with loan growth in the commercial segment driving positive results in a tough macro environment. Return metrics are strong, with improving return on assets and equity and a decreasing non-performing asset ratio, making the bank a quality investment option.

Bar Harbor: Stable Bank With A Growing Dividend

Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.71 per share a year ago.

Bar Harbor Bankshares (BHB) Q2 Earnings Miss Estimates

BAR HARBOR, ME / ACCESSWIRE / July 18, 2024 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported second quarter 2024 GAAP net income of $10.3 million and $0.67 per diluted share and core (Non-GAAP) net income of $10.0 million or $0.66 per diluted share compared to GAAP and core (Non-GAAP) net income $10.8 million or $0.71 per diluted share in the same quarter of 2023. SECOND QUARTER 2024 HIGHLIGHTS Return on assets of 1.04% Commercial loan growth of 14% annualized Net interest margin ("NIM") of 3.09% Non-accruing loans to total loans ratio of 0.20% 14% growth in trust and investment fee income Bar Harbor Bankshares' President and Chief Executive Officer, Curtis C.

Bar Harbor Bankshares Reports Second Quarter 2024 Results; Declares Dividend

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Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.86 per share a year ago.

Bar Harbor Bankshares (BHB) Tops Q1 Earnings Estimates

BAR HARBOR, ME / ACCESSWIRE / April 18, 2024 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported first quarter 2024 GAAP and core (Non-GAAP) net income of $10.1 million or $0.66 per diluted share compared to $13.0 million or $0.86 per diluted share in the same quarter of 2023. FIRST QUARTER 2024 HIGHLIGHTS • Return on assets of 1.03% • Commercial loan growth of 7% annualized • Net interest margin of 3.14% • Non-accruing loans to total loans ratio of 0.23% Bar Harbor Bankshares' President and Chief Executive Officer, Curtis C.

Bar Harbor Bankshares Reports First Quarter 2024 Results; Declares Increased Dividend; Announces Share Repurchase Plan

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Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.83 per share a year ago.

Bar Harbor Bankshares (BHB) Q4 Earnings and Revenues Beat Estimates

BAR HARBOR, ME / ACCESSWIRE / January 23, 2024 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported fourth quarter 2023 net income of $9.9 million or $0.65 per diluted share compared to $12.5 million or $0.83 per diluted share in the same quarter of 2022. Core net income (Non-GAAP) in the fourth quarter 2023 was $10.4 million or $0.68 per diluted share compared to $12.5 million or $0.83 per diluted share in the same quarter of 2022.

Bar Harbor Bankshares Reports Fourth Quarter 2023 Results

BAR HARBOR, ME / ACCESSWIRE / January 16, 2024 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") announced that its Board of Directors declared at its January 16, 2024 meeting, a quarterly cash dividend of $0.28 per share of common stock to Company shareholders of record at the close of business on February 15, 2024, payable on March 15, 2024. This dividend equates to a 3.81% annualized yield based on the $29.36 closing price of the Company's common stock on December 29, 2023, the last day of trading in 2023.

Bar Harbor Bankshares Declares Quarterly Cash Dividend

Bar Harbor Bankshares has seen a 15% return compared to the S&P 500's 1.3%. The bank's net interest income and net profits have remained stable, with slight decreases in the third quarter. The bank has shown improvements in loans, cash equivalents, and a decline in debt but a drop in the value of securities.

Bar Harbor Bankshares: A Bit Premature For A Downgrade

Bar Harbor (BHB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Bar Harbor (BHB) Surges 5.5%: Is This an Indication of Further Gains?

Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.76 per share a year ago.

Bar Harbor Bankshares (BHB) Beats Q3 Earnings and Revenue Estimates

BAR HARBOR, ME / ACCESSWIRE / October 17, 2023 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported third quarter 2023 net income of $11.1 million or $0.73 per diluted share compared to $11.4 million or $0.76 per diluted share in the same quarter of 2022. THIRD QUARTER 2023 HIGHLIGHTS (all comparisons to the third quarter 2022, unless otherwise noted) 1.11% return on assets, 10.72% return on equity 10% annualized increase in non-interest bearing deposits 4.90% yield on earning assets, compared to 3.84% 59% efficiency ratio, compared to 58% 0.17% non-performing assets ratio to total assets Bar Harbor Bankshares' President and Chief Executive Officer, Curtis C.

Bar Harbor Bankshares Reports Third Quarter 2023 Results; Declares Dividend

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Bar Harbor Bankshares is a small cap regional bank based in Bar Harbor, Maine, with over 50 branches across Maine, New Hampshire, and Vermont. BHB remains highly profitable with a net interest margin of 3.2% and a core return on tangible equity of 15.2%. The current stock price of $23.85 is a 12% discount to book value per share, making it an attractive buying opportunity.

Bar Harbor Bankshares: A 4.7%-Yielding Small Cap Dividend Growth Gem

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