Bar Harbor Bankshares
BHB

$29.98

2.15%

Market Cap: $458M

About: Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. The company has following reportable segments such as Commercial construction, Commercial real estate owner occupied and non-owner occupied, Tax Exempt, Commercial and industrial loans, Residential real estate, Home equity and Consumer other. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning..

Employees: 462

Financials State Commercial Banks

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

43% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 28

2% more capital invested

Capital invested by funds: $220M [Q1] → $224M (+$3.58M) [Q2]

0% more funds holding

Funds holding: 109 [Q1] → 109 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

0.4% less ownership

Funds ownership: 55.02% [Q1] → 54.62% (-0.4%) [Q2]

1% less call options, than puts

Call options by funds: $680K | Put options by funds: $688K

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$33

10%

upside

Avg. target

$33

10%

upside

High target

$33

10%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Piper Sandler

Mark Fitzgibbon

75% 1-year accuracy

6 / 8 met price target

10%upside

$33

Neutral

Assumed

5 Sept 2024

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Financial journalist opinion

Bar Harbor: Stable Bank With A Growing Dividend

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

Zacks Investment Research

Bar Harbor Bankshares (BHB) Q2 Earnings Miss Estimates

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 Bankshares Reports Second Quarter 2024 Results; Declares Dividend

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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Zacks Investment Research

Bar Harbor Bankshares (BHB) Tops Q1 Earnings Estimates

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

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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