BHB - Bar Harbor Bankshares Stock Price, Fair Value and News

25.50USD-0.13 (-0.51%)Market Closed

Market Summary

USD25.50-0.13

Market Closed

-0.51%

BHB Alerts

1 major insider buys recently.

BHB Stock Price

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BHB RSI Chart

BHB Valuation

Market Cap

387.2M

Price/Earnings (Trailing)

8.63

Price/Sales (Trailing)

2.22

EV/EBITDA

3.67

Price/Free Cashflow

9.47

BHB Price/Sales (Trailing)

BHB Profitability

EBT Margin

32.79%

Return on Equity

10.38%

Return on Assets

1.13%

Free Cashflow Yield

10.55%

BHB Fundamentals

BHB Revenue

Revenue (TTM)

174.2M

Rev. Growth (Yr)

20.07%

Rev. Growth (Qtr)

1.51%

BHB Earnings

Earnings (TTM)

44.9M

Earnings Growth (Yr)

-20.52%

Earnings Growth (Qtr)

-10.44%

Breaking Down BHB Revenue

Last 7 days

0.1%

Last 30 days

-1.7%

Last 90 days

-7.1%

Trailing 12 Months

4.2%

How does BHB drawdown profile look like?

BHB Financial Health

Debt/Equity

0.77

Debt/Cashflow

0.14

BHB Investor Care

Dividend Yield

4.31%

Dividend/Share (TTM)

1.1

Shares Dilution (1Y)

0.40%

Diluted EPS (TTM)

2.95

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	140.4M	154.5M	166.5M	174.2M
2022	109.1M	110.7M	114.9M	126.5M
2021	120.8M	116.5M	115.0M	110.8M
2020	135.7M	133.3M	129.5M	126.1M
2019	129.9M	132.0M	134.0M	135.4M
2018	120.7M	122.7M	124.8M	127.5M
2017	69.5M	84.8M	100.8M	116.1M
2016	55.9M	56.7M	56.5M	57.5M
2015	54.2M	54.3M	54.9M	55.2M
2014	51.4M	52.3M	53.3M	53.7M
2013	50.6M	50.7M	50.6M	50.7M
2012	50.8M	50.3M	50.5M	50.8M
2011	0	0	0	50.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Bar Harbor Bankshares

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 23, 2024	edgar jason paul	acquired	-	-	2,473	president of bhwm
Apr 23, 2024	simard curtis c	sold (taxes)	-149,455	25.28	-5,912	president/ceo
Apr 23, 2024	mercier john m	acquired	-	-	831	executive vice president
Apr 23, 2024	iannelli josephine	acquired	-	-	3,957	evp, cfo & treasurer
Apr 23, 2024	colombo marion	acquired	-	-	2,556	executive vice president
Apr 23, 2024	edgar jason paul	sold (taxes)	-29,653	25.28	-1,173	president of bhwm
Apr 23, 2024	simard curtis c	acquired	-	-	12,347	president/ceo
Apr 23, 2024	colombo marion	sold (taxes)	-37,372	25.58	-1,461	executive vice president
Apr 23, 2024	simard curtis c	acquired	-	-	2,510	president/ceo
Apr 23, 2024	edgar jason paul	acquired	-	-	804	president of bhwm

Which funds bought or sold BHB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Lindbrook Capital, LLC	unchanged	-	-1,241	11,413	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-4.7	-393,870	2,410,690	-%
Apr 24, 2024	BAR HARBOR WEALTH MANAGEMENT	reduced	-0.66	-1,292,750	11,137,300	0.74%
Apr 24, 2024	Polaris Capital Management, LLC	unchanged	-	-124,992	1,149,230	0.06%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.09	-25,000	13,000	-%
Apr 23, 2024	WASHINGTON TRUST Co	unchanged	-	-570	5,243	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	46,241	236,935	-%
Apr 18, 2024	Congress Wealth Management LLC / DE /	added	0.36	-21,947	209,353	-%
Apr 17, 2024	MEANS INVESTMENT CO., INC.	added	0.24	-85,169	802,603	0.10%
Apr 17, 2024	Coston, McIsaac & Partners	reduced	-7.07	-245,000	1,268,000	0.41%

Are Funds Buying or Selling BHB?

Are funds buying BHB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BHB

No. of Funds

BHB Alerts

1 major insider buys recently.

Unveiling Bar Harbor Bankshares's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.01%	758,647	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.3%	807,635	SC 13G
Jan 25, 2024	blackrock inc.	8.7%	1,317,069	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 03, 2023	blackrock inc.	7.9%	1,185,927	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G
Feb 09, 2022	vanguard group inc	4.77%	714,135	SC 13G/A
Feb 01, 2022	blackrock inc.	7.5%	1,117,209	SC 13G/A
Feb 10, 2021	vanguard group inc	5.21%	778,159	SC 13G

Recent SEC filings of Bar Harbor Bankshares

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 24, 2024	13F-NT	13F-NT
Apr 22, 2024	DEFA14A	DEFA14A
Apr 18, 2024	8-K	Current Report
Apr 01, 2024	ARS	ARS
Apr 01, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Bar Harbor Bankshares)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	557.3B	171.1B	-3.02%	41.18%	11.25	3.26	60.72%	31.52%
BAC	297.7B	130.3B	-	30.88%	11.23	2.29	79.51%	-3.68%
WFC	214.3B	85.7B	3.98%	51.03%	11.19	2.5	41.49%	39.96%
C	119.7B	133.3B	-0.18%	34.65%	12.97	0.9	79.09%	-
CFG	16.1B	10.2B	-1.93%	16.75%	10.02	1.58	44.53%	-22.43%
KEY	13.7B	7.9B	-6.07%	34.16%	14.19	1.73	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	-4.02%	25.94%	9.92	1.62	34.68%	-45.96%
ZION	6.2B	3.9B	-3.20%	57.15%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	-0.60%	41.74%	12.27	2.58	43.24%	-22.35%
ASB	3.3B	2.0B	1.46%	20.10%	17.81	1.66	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	400.7M	164.9M	-6.54%	37.44%	34.26	2.43	42.66%	-70.76%
AROW	378.6M	162.6M	-8.08%	4.96%	12.59	2.33	25.39%	-38.37%
ACNB	280.5M	96.6M	-10.60%	4.96%	8.85	2.9	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.95%	-12.04%	-13.48	0.74	24.06%	-144.92%

Bar Harbor Bankshares News

Latest updates

Bar Harbor Bankshares Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.5%	46.00	45.00	43.00	40.00	38.00	33.00	29.00	26.00	27.00	29.00	27.00	28.00	31.00	30.00	31.00	33.00	34.00	34.00	34.00	33.00	33.00
EBITDA Margin	-11.6%	0.98*	1.11*	1.22*	1.33*	1.28*	1.20*	1.20*	1.16*	1.34*	1.29*	1.24*	1.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	14.4%	33.00	29.00	29.00	22.00	44.00	30.00	27.00	2.00	24.00	26.00	23.00	23.00	25.00	25.00	25.00	25.00	24.00	22.00	21.00	22.00	22.00
Income Taxes	-94.8%	0.00	3.00	3.00	9.00	2.00	3.00	3.00	4.00	2.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	0.00	1.00	1.00	2.00	1.00
Earnings Before Taxes	-12.0%	13.00	14.00	14.00	17.00	16.00	14.00	13.00	11.00	12.00	14.00	11.00	12.00	11.00	11.00	11.00	10.00	5.00	6.00	7.00	9.00	9.00
EBT Margin	-9.6%	0.33*	0.36*	0.39*	0.43*	0.43*	0.44*	0.45*	0.44*	0.44*	0.41*	0.38*	0.36*	-	-	-	-	-	-	-	-	-
Net Income	-10.4%	10.00	11.00	11.00	13.00	13.00	11.00	11.00	9.00	10.00	11.00	9.00	9.00	11.00	10.00	10.00	5.00	4.00	5.00	6.00	7.00	8.00
Net Income Margin	-9.6%	0.26*	0.28*	0.31*	0.34*	0.34*	0.36*	0.36*	0.36*	0.35*	0.35*	0.34*	0.34*	-	-	-	-	-	-	-	-	-
Free Cashflow	-	13.00	-	10.00	10.00	18.00	19.00	1.00	17.00	29.00	18.00	-1.81	14.00	-13.63	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.3%	3,971	3,984	4,029	3,928	3,910	3,840	3,716	3,692	3,709	3,738	3,640	3,730	3,724	3,860	3,780	3,677	3,669	3,612	3,688	3,629	3,608
Cash Equivalents	-22.8%	95.00	123	124	124	92.00	82.00	67.00	67.00	250	341	174	224	226	216	71.00	86.00	57.00	72.00	60.00	54.00	99.00
Net PPE	1.0%	48.00	48.00	47.00	48.00	48.00	48.00	48.00	49.00	49.00	50.00	51.00	52.00	52.00	51.00	50.00	50.00	51.00	48.00	50.00	50.00	49.00
Goodwill	0%	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	100	100	100	100
Liabilities	-1.1%	3,539	3,580	3,618	3,520	3,516	3,460	3,322	3,285	3,285	3,320	3,224	3,325	3,317	3,455	3,376	3,274	3,273	3,218	3,297	3,248	3,238
Short Term Borrowings	-	271	-	-	-	331	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-9.8%	332	367	459	399	394	249	178	179	179	250	340	352	336	445	607	557	531	685	776	746	724
Shareholder's Equity	6.9%	432	404	411	408	393	380	394	407	424	418	414	405	407	399	399	404	396	394	391	381	371
Retained Earnings	2.2%	272	266	259	253	244	235	228	221	216	209	202	197	196	190	185	180	176	175	173	171	167
Additional Paid-In Capital	0.2%	193	193	192	192	192	191	191	192	191	191	191	191	190	190	190	189	189	188	188	188	188
Shares Outstanding	0.1%	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	386	-	-	-	381	-	-	-	420	-	-	-	335	-	-	-	406	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-	16,177	-	12,382	16,821	19,542	932	18,614	28,405	17,841	-1,788	14,710	-11,303	15,871	13,112	3,004	9,227	7,246	9,322	4,277	10,559	11,989
Share Based Compensation	-	1,254	-	683	1,222	622	-	94.00	785	367	331	666	707	279	466	118	657	156	470	90.00	510	209
Cashflow From Investing	-Infinity%	-3,901	-	-84,720	-55,041	-129,070	-932	-223,845	-84,420	58,350	62,966	-41,648	163,939	60,089	-111,134	47,342	-68,729	86,022	-44,896	-51,047	-16,040	-17,319
Cashflow From Financing	-Infinity%	-40,250	-	103,828	48,450	124,477	-	21,958	-34,845	91,340	-105,686	19,157	-142,286	69,024	83,040	-21,601	44,819	-81,535	41,331	2,119	31,661	16,511
Dividend Payments	-	4,209	-	8,148	3,915	3,910	-	7,509	3,600	3,596	3,592	3,284	3,282	3,316	3,390	3,429	3,421	3,421	3,419	3,105	3,102	3,101
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	718	6,003	7,337	130	-107	136	-	-	-	46.00

BHB Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest and dividend income
Loans	$ 149,420	$ 107,797	$ 95,236
Securities and other	24,762	18,729	15,568
Total interest and dividend income	174,182	126,526	110,804
Interest expense
Deposits	38,232	7,344	8,543
Borrowings	18,275	5,501	6,688
Total interest expense	56,507	12,845	15,231
Net interest income	117,675	113,681	95,573
Provision for credit losses	2,908	2,904	(1,302)
Net interest income after provision for credit losses	114,767	110,777	96,875
Non-interest income
Trust and investment management fee income	14,283	14,573	15,179
Customer service fees	15,168	14,791	13,212
Gain on sales of securities, net	34	53	2,870
Mortgage banking income	1,587	1,580	6,536
Bank-owned life insurance income	2,699	2,000	2,179
Customer derivative income	409	310	1,010
Other income	1,649	2,014	1,275
Total non-interest income	35,829	35,321	42,261
Non-interest expense
Salaries and employee benefits	52,516	48,657	47,117
Occupancy and equipment	17,584	17,575	16,356
Loss on sales of premises and equipment, net	182	10	378
Outside services	1,671	1,578	1,943
Professional services	1,586	1,612	1,756
Communication	697	880	912
Marketing	1,696	1,561	1,541
Amortization of intangible assets	932	932	940
Loss on debt extinguishment			2,851
Acquisition, conversion and other expenses	283	266	1,667
Provision for unfunded commitments	(85)	1,758	177
Other expenses	16,417	16,424	14,870
Total non-interest expense	93,479	91,253	90,508
Income before income taxes	57,117	54,845	48,628
Income tax expense	12,265	11,288	9,329
Net income	$ 44,852	$ 43,557	$ 39,299
Earnings per share:
Basic (in dollars per share)	$ 2.96	$ 2.90	$ 2.63
Diluted (in dollars per share)	$ 2.95	$ 2.88	$ 2.61
Weighted average common shares outstanding:
Basic (in shares)	15,142,188	15,040,162	14,968,973
Diluted (in shares)	15,195,236	15,111,961	15,045,162

BHB Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents:
Cash and due from banks	$ 42,221	$ 39,933
Interest-earning deposits with other banks	52,621	52,362
Total cash and cash equivalents	94,842	92,295
Securities:
Securities available for sale	534,574	559,516
Federal Home Loan Bank stock	12,788	14,893
Total securities	547,362	574,409
Loans held for sale	2,189	0
Total loans	2,999,049	2,902,690
Less: Allowance for credit losses	(28,142)	(25,860)
Net loans	2,970,907	2,876,830
Premises and equipment, net	48,287	47,622
Goodwill	119,477	119,477
Other intangible assets	4,869	5,801
Cash surrender value of bank-owned life insurance	80,037	81,197
Deferred tax assets, net	22,979	24,443
Other assets	79,936	87,729
Total assets	3,970,885	3,909,803
Deposits:
Demand	569,714	676,350
NOW	946,978	900,730
Savings	553,963	664,514
Money market	370,242	478,398
Time	700,260	323,439
Total deposits	3,141,157	3,043,431
Borrowings:
Senior	271,044	333,957
Subordinated	60,461	60,289
Total borrowings	331,505	394,246
Other liabilities	66,164	78,676
Total liabilities	3,538,826	3,516,353
Shareholders' equity
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,172,131 shares and 15,082,688 shares at December 31, 2023 and December 31, 2022 respectively	32,857	32,857
Additional paid-in capital	193,114	191,922
Retained earnings	272,101	243,815
Accumulated other comprehensive loss	(49,862)	(58,340)
Less: 1,256,257 and 1,345,700 shares of treasury stock, at cost, at December 31, 2023 and December 31, 2022, respectively	(16,151)	(16,804)
Total shareholders' equity	432,059	393,450
Total liabilities and shareholders' equity	$ 3,970,885	$ 3,909,803

About Bar Harbor Bankshares

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company also provides commercial construction loans, such as raw land, land development, and construction of commercial and multifamily residential properties; commercial real estate owner occupied and non-owner occupied loans; tax exempt loans to various state and municipal government entities; commercial and industrial loans, including loans for the purpose of financing working capital and capital investment; residential real estate loans consists of one-to-four family homes; home equity loans; and consumer loans, including personal lines of credit and amortizing loans to qualified individuals for various purposes, such as auto loans, recreational equipment, overdraft protection, and other consumer loans. In addition, it provides life insurance, annuity, and retirement products, as well as financial planning services; and third-party investment and insurance services. Further, the company offers trust and estate administration, wealth advisory, and investment management services to individuals, businesses, not-for-profit organizations, and municipalities; and 401K plan, financial, estate and charitable planning, investment management, family office, municipal, and tax services. Bar Harbor Bankshares was founded in 1887 and is headquartered in Bar Harbor, Maine.

CEO	Mr. Curtis C. Simard
WEBSITE	barharbor.bank
INDUSTRY	Banks Diversified
EMPLOYEES	486

Bar Harbor Bankshares Frequently Asked Questions

What is the ticker symbol for Bar Harbor Bankshares? What does BHB stand for in stocks?

BHB is the stock ticker symbol of Bar Harbor Bankshares. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bar Harbor Bankshares (BHB)?

As of Fri Apr 26 2024, market cap of Bar Harbor Bankshares is 387.22 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BHB stock?

You can check BHB's fair value in chart for subscribers.

What is the fair value of BHB stock?

You can check BHB's fair value in chart for subscribers. The fair value of Bar Harbor Bankshares is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bar Harbor Bankshares is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BHB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bar Harbor Bankshares a good stock to buy?

The fair value guage provides a quick view whether BHB is over valued or under valued. Whether Bar Harbor Bankshares is cheap or expensive depends on the assumptions which impact Bar Harbor Bankshares's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BHB.

What is Bar Harbor Bankshares's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, BHB's PE ratio (Price to Earnings) is 8.63 and Price to Sales (PS) ratio is 2.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BHB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bar Harbor Bankshares's stock?

In the past 10 years, Bar Harbor Bankshares has provided 0.076 (multiply by 100 for percentage) rate of return.