Financial Services · Banks - Regional
Price
$37.93
Market Cap
$635.0M
Employees
458
Beta
0.61
Avg Volume
107,363
CEO
Curtis C. Simard
Business Description
Bar Harbor Bankshares acts as the parent organization for Bar Harbor Bank & Trust, which delivers a full spectrum of banking services covering commercial, retail, lending, and wealth management. The bank offers a variety of deposit products, including both interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, time deposits, and certificates of deposit (CDs). Its lending activities cover multiple areas: commercial real estate, providing financing for multi-family dwellings, construction projects, land development, and other business properties; commercial and industrial loans extended to agricultural and various commercial entities, including those with tax-exempt status; residential real estate loans, primarily in the form of mortgages for 1-4 unit homes; and consumer loans, which include home equity loans and lines of credit, auto loans, and other installment financing. Beyond core banking, Bar Harbor Bank & Trust supplies life insurance, annuity, and retirement planning products, alongside general financial planning advice. It also assists clients with third-party investment and insurance solutions. Furthermore, the institution's wealth management division offers trust and estate administration, extensive wealth advisory, and investment management services designed for individuals, businesses, non-profit organizations, and local municipalities. These specialized services encompass 401K plan administration, detailed financial, estate, and charitable planning, family office support, municipal advisory, and tax services. The bank operates through a network of 53 branches situated across Maine, New Hampshire, and Vermont. Founded in 1887, its main office is located in Bar Harbor, Maine.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
16.35
Stock Price: $37.93
EPS (Diluted): 2.32
EPS (Diluted): 2.32
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.97
Stock Price: $37.93
Total Equity: $532.54M
Shares: 16,757,000
Total Equity: $532.54M
Shares: 16,757,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
13.59
Market Cap: $635.03M
Total Debt: $269.64M
Cash: $80.84M
EBITDA: $52.02M
Total Debt: $269.64M
Cash: $80.84M
EBITDA: $52.02M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$707.2M
Market Cap: $635.03M
Total Debt: $269.64M
Cash: $80.84M
Total Debt: $269.64M
Cash: $80.84M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
67.4%
Gross Profit: $164.01M
Revenue: $243.34M
Revenue: $243.34M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
19.0%
Operating Income: $46.35M
Revenue: $243.34M
Revenue: $243.34M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
15.2%
Net Income: $36.92M
Revenue: $243.34M
Revenue: $243.34M
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
6.9%
Net Income: $36.92M
Total Equity: $532.54M
Total Equity: $532.54M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
5.2%
Operating Income: $46.35M
Tax Rate: 19.6%
Equity: $532.54M
Total Debt: $269.64M
Cash: $80.84M
Tax Rate: 19.6%
Equity: $532.54M
Total Debt: $269.64M
Cash: $80.84M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.17
Current Assets: $678.26M
Current Liabilities: $3.96B
Current Liabilities: $3.96B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.51
Short-Term Debt: $134.80M
Long-Term Debt: $134.84M
Total Debt: $269.64M
Total Equity: $532.54M
Long-Term Debt: $134.84M
Total Debt: $269.64M
Total Equity: $532.54M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$14.52
Revenue: $243.34M
Shares: 16,757,000
Shares: 16,757,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$31.78
Total Equity: $532.54M
Shares: 16,757,000
Shares: 16,757,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$2.59
Operating CF: $48.28M
CapEx: -$4.81M
Shares: 16,757,000
CapEx: -$4.81M
Shares: 16,757,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
3.9%
Last Dividend: N/A
Stock Price: $37.93
Stock Price: $37.93
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $36.92M
Net Income: $36.92M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares BHB against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:38pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $153.1M | $161.2M | $150.4M | $224.4M | $243.3M |
| Cost of Revenue | $14.1M | $17.5M | $0 | $75.1M | $79.3M |
| Gross Profit | $139.0M | $143.7M | $150.4M | $149.4M | $164.0M |
| Operating Expenses | $90.3M | $88.8M | $75.8M | $96.8M | $117.7M |
| Operating Income | $48.6M | $54.8M | $74.7M | $52.6M | $46.4M |
| Net Income | $39.3M | $43.6M | $44.9M | $43.5M | $36.9M |
| EBITDA | $55.2M | $61.3M | $0 | $56.0M | $52.0M |
| EPS | $2.63 | $2.90 | $2.96 | $2.86 | $2.32 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:38pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $250.4M | $92.3M | $94.8M | $72.2M | $80.8M |
| Total Current Assets | $868.7M | $651.8M | $629.4M | $592.6M | $678.3M |
| Total Assets | $3.7B | $3.9B | $4.0B | $4.1B | $4.7B |
| Current Liabilities | $3.1B | $3.4B | $3.4B | $3.5B | $4.0B |
| Long-Term Debt | $83.7M | $62.9M | $60.7M | $40.9M | $134.8M |
| Total Liabilities | $3.3B | $3.5B | $3.5B | $3.6B | $4.2B |
| Total Equity | $424.1M | $393.5M | $432.1M | $458.4M | $532.5M |
| Retained Earnings | $215.6M | $243.8M | $272.1M | $297.9M | $314.4M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:38pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $59.2M | $55.9M | $47.4M | $52.4M | $48.3M |
| Capital Expenditure | -$1.7M | -$2.5M | -$6.5M | -$7.4M | -$4.8M |
| Free Cash Flow | $57.5M | $53.4M | $40.9M | $45.0M | $43.5M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $77.5M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $24.4M | -$158.1M | $2.5M | -$22.7M | $8.7M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 12:55pm (20h ago)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$152.6M $152.0M – $153.2M
|
$175.6M $174.9M – $176.3M
|
$196.5M $195.7M – $197.3M
|
$206.6M $205.8M – $207.5M
|
| EBITDA |
$36.8M $36.6M – $36.9M
|
$42.3M $42.1M – $42.5M
|
$47.3M $47.1M – $47.5M
|
$49.8M $49.6M – $50.0M
|
| Net Income |
$46.5M $46.3M – $46.7M
|
$53.8M $53.5M – $54.1M
|
$60.7M $60.3M – $61.0M
|
$64.2M $63.7M – $64.3M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:38pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +5.3% | -6.7% | +49.2% | +8.4% |
| Gross Profit Growth | +3.4% | +4.7% | -0.7% | +9.8% |
| Operating Income Growth | +12.8% | +36.1% | -29.5% | -11.9% |
| Net Income Growth | +10.8% | +3.0% | -2.9% | -15.2% |
| EBITDA Growth | +10.9% | -100.0% | — | -7.2% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:38pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-21 | $0.34 | 2026-04-21 | 2026-05-21 | 2026-06-18 |
| 2026-02-20 | $0.32 | 2026-01-22 | 2026-02-20 | 2026-03-20 |
| 2025-11-20 | $0.32 | 2025-10-21 | 2025-11-20 | 2025-12-19 |
| 2025-08-14 | $0.32 | 2025-07-22 | 2025-08-14 | 2025-09-12 |
| 2025-05-15 | $0.32 | 2025-04-17 | 2025-05-15 | 2025-06-13 |
| 2025-02-20 | $0.30 | 2025-01-23 | 2025-02-20 | 2025-03-20 |
| 2024-11-14 | $0.30 | 2024-10-22 | 2024-11-14 | 2024-12-13 |
| 2024-08-15 | $0.30 | 2024-07-18 | 2024-08-15 | 2024-09-13 |
| 2024-05-15 | $0.30 | 2024-04-18 | 2024-05-16 | 2024-06-14 |
| 2024-02-14 | $0.28 | 2024-01-16 | 2024-02-15 | 2024-03-15 |
| 2023-11-15 | $0.28 | 2023-10-17 | 2023-11-16 | 2023-12-15 |
| 2023-08-15 | $0.28 | 2023-07-20 | 2023-08-16 | 2023-09-15 |
| 2023-05-15 | $0.28 | 2023-04-20 | 2023-05-16 | 2023-06-16 |
| 2023-02-15 | $0.26 | 2023-01-19 | 2023-02-16 | 2023-03-16 |
| 2022-11-15 | $0.26 | 2022-10-19 | 2022-11-16 | 2022-12-16 |
| 2022-08-15 | $0.26 | 2022-07-21 | 2022-08-16 | 2022-09-16 |
| 2022-05-16 | $0.26 | 2022-04-21 | 2022-05-17 | 2022-06-17 |
| 2022-02-16 | $0.24 | 2022-01-20 | 2022-02-17 | 2022-03-17 |
| 2021-11-16 | $0.24 | 2021-10-21 | 2021-11-17 | 2021-12-17 |
| 2021-08-16 | $0.24 | 2021-07-21 | 2021-08-17 | 2021-09-17 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for BHB — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30