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

27.59USD+0.31 (+1.14%)Market Closed

Market Summary

USD27.59+0.31

Market Closed

1.14%

BHB Stock Price

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BHB RSI Chart

BHB Valuation

Market Cap

420.3M

Price/Earnings (Trailing)

10.02

Price/Sales (Trailing)

2.34

EV/EBITDA

4.2

Price/Free Cashflow

10.28

BHB Price/Sales (Trailing)

BHB Profitability

EBT Margin

29.61%

Return on Equity

9.62%

Return on Assets

1.06%

Free Cashflow Yield

9.72%

BHB Fundamentals

BHB Revenue

Revenue (TTM)

179.7M

Rev. Growth (Yr)

13.56%

Rev. Growth (Qtr)

0.02%

BHB Earnings

Earnings (TTM)

41.9M

Earnings Growth (Yr)

-22.42%

Earnings Growth (Qtr)

1.51%

Breaking Down BHB Revenue

Last 7 days

4.9%

Last 30 days

16.3%

Last 90 days

8.7%

Trailing 12 Months

12.3%

How does BHB drawdown profile look like?

BHB Financial Health

Debt/Equity

0.76

Debt/Cashflow

0.14

BHB Investor Care

Dividend Yield

4.06%

Dividend/Share (TTM)

1.12

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

2.75

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	179.7M	0	0	0
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

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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
May 16, 2024	Colony Group, LLC	unchanged	-	-46,000	428,000	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.87	-66,224	399,954	-%
May 15, 2024	Royal Bank of Canada	reduced	-7.11	-255,000	1,320,000	-%
May 15, 2024	DEUTSCHE BANK AG\	unchanged	-	-18,006	165,553	-%
May 15, 2024	HSBC HOLDINGS PLC	added	49.39	68,073	270,970	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	9.33	-1,221	86,272	-%
May 15, 2024	STATE STREET CORP	added	3.36	-666,874	9,177,090	-%
May 15, 2024	Steward Partners Investment Advisory, LLC	added	0.13	-6,459	60,202	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-15,264	140,344	-%
May 15, 2024	PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	sold off	-100	-4,044,250	-	-%

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

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
May 17, 2024	8-K	Current Report
May 16, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
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

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	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.0%	46.00	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
EBITDA Margin	-8.6%	0.89*	0.98*	1.13*	1.22*	1.33*	1.28*	1.20*	1.20*	1.16*	1.34*	1.29*	1.24*	-	-	-	-	-	-	-	-	-
Interest Expenses	-52.3%	16.00	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
Income Taxes	1438.3%	3.00	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
Earnings Before Taxes	0.6%	13.00	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
EBT Margin	-9.7%	0.30*	0.33*	0.36*	0.39*	0.43*	0.43*	0.44*	0.45*	0.44*	0.44*	0.41*	0.38*	-	-	-	-	-	-	-	-	-
Net Income	1.5%	10.00	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
Net Income Margin	-9.4%	0.23*	0.26*	0.28*	0.31*	0.34*	0.34*	0.36*	0.36*	0.36*	0.35*	0.35*	0.34*	-	-	-	-	-	-	-	-	-
Free Cashflow	-41.0%	8.00	13.00	10.00	10.00	10.00	16.00	19.00	1.00	17.00	28.00	18.00	-1.81	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.3%	3,959	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
Cash Equivalents	-19.6%	76.00	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
Net PPE	-0.9%	48.00	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
Goodwill	0%	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	119	100	100	100
Liabilities	-0.4%	3,523	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
Short Term Borrowings	-0.6%	269	271	-	-	-	331	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-0.5%	330	332	367	459	399	394	249	178	179	179	250	340	352	336	445	607	557	531	685	776	746
Shareholder's Equity	0.8%	436	432	404	411	408	393	380	394	407	424	418	414	405	407	399	399	404	396	394	391	381
Retained Earnings	2.2%	278	272	266	259	253	244	235	228	221	216	209	202	197	196	190	185	180	176	175	173	171
Additional Paid-In Capital	0.1%	193	193	193	192	192	192	191	191	192	191	191	191	191	190	190	190	189	189	188	188	188
Shares Outstanding	0.3%	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	2024Q1	2023Q4	2023Q3	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-47.4%	8,515	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
Share Based Compensation	-61.2%	487	1,254	-	683	1,222	622	-	94.00	785	367	331	666	707	279	466	118	657	156	470	90.00	510
Cashflow From Investing	-85.3%	-7,227	-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
Cashflow From Financing	50.5%	-19,911	-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
Dividend Payments	-0.1%	4,205	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
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	718	6,003	7,337	130	-107	136	-	-	-

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BHB Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income
Loans	$ 39,470	$ 34,560
Securities and other	6,353	5,791
Total interest and dividend income	45,823	40,351
Interest expense
Deposits	14,532	5,265
Borrowings	3,236	4,180
Total interest expense	17,768	9,445
Net interest income	28,055	30,906
Provision for credit losses	289	798
Net interest income after provision for credit losses	27,766	30,108
Non-interest income
Trust and investment management fee income	3,670	3,555
Customer service fees	3,710	3,677
Gain on sales of securities, net		34
Mortgage banking income	257	279
Bank-owned life insurance income	561	1,148
Customer derivative income		132
Other income	388	359
Total non-interest income	8,586	9,184
Non-interest expense
Salaries and employee benefits	13,248	12,771
Occupancy and equipment	4,473	4,414
Gain on sales of premises and equipment, net	(15)	(13)
Outside services	338	356
Professional services	400	426
Communication	189	162
Marketing	567	409
Amortization of intangible assets	233	233
Acquisition, conversion and other expenses	20	20
Provision for unfunded commitments	(185)	(175)
Other expenses	4,420	4,101
Total non-interest expense	23,688	22,704
Income before income taxes	12,664	16,588
Income tax expense	2,569	3,576
Net income	$ 10,095	$ 13,012
Earnings per share:
Basic (in dollars per share)	$ 0.66	$ 0.86
Diluted (in dollars per share)	$ 0.66	$ 0.86
Weighted average common shares outstanding:
Basic (in shares)	15,198,337	15,109,847
Diluted (in shares)	15,269,833	15,190,089

BHB Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents:
Cash and due from banks	$ 30,770	$ 42,221
Interest-earning deposits with other banks	45,449	52,621
Total cash and cash equivalents	76,219	94,842
Securities:
Securities available for sale	527,603	534,574
Federal Home Loan Bank stock	9,960	12,788
Total securities	537,563	547,362
Loans held for sale	3,137	2,189
Total loans	3,011,672	2,999,049
Less: Allowance for credit losses	(28,355)	(28,142)
Net loans	2,983,317	2,970,907
Premises and equipment, net	47,849	48,287
Goodwill	119,477	119,477
Other intangible assets	4,637	4,869
Cash surrender value of bank-owned life insurance	80,642	80,037
Deferred tax assets, net	23,849	22,979
Other assets	82,285	79,936
Total assets	3,958,975	3,970,885
Deposits:
Demand	544,495	569,714
Interest-bearing demand deposits	888,591	946,978
Savings	551,493	553,963
Money market	365,289	370,242
Time	777,208	700,260
Total deposits	3,127,076	3,141,157
Borrowings:
Senior	269,437	271,044
Subordinated	60,501	60,461
Total borrowings	329,938	331,505
Other liabilities	66,247	66,164
Total liabilities	3,523,261	3,538,826
Shareholders' equity
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,211,877 shares and 15,172,131 shares at March 31, 2024 and December 31, 2023, respectively	32,857	32,857
Additional paid-in capital	193,246	193,114
Retained earnings	277,991	272,101
Accumulated other comprehensive loss	(52,568)	(49,862)
Less: 1,216,511 and 1,256,257 shares of treasury stock, at cost, at March 31, 2024 and December 31, 2023, respectively	(15,812)	(16,151)
Total shareholders' equity	435,714	432,059
Total liabilities and shareholders' equity	$ 3,958,975	$ 3,970,885

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 May 17 2024, market cap of Bar Harbor Bankshares is 420.26 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 May 17 2024, BHB's PE ratio (Price to Earnings) is 10.02 and Price to Sales (PS) ratio is 2.34. 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 0.081 (multiply by 100 for percentage) rate of return.