BAR HARBOR BANKSHARES INC. overview

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...

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. For the full year of 2023, net income was $44.9...

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...

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...

BAR HARBOR, ME / ACCESSWIRE / July 20, 2023 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported second quarter 2023 net income of $10.8 million, or $0.71 per diluted share, compared to $10.5 million, or $0.70 per diluted share, in the same quarter of 2022. SECOND QUARTER 2023 HIGHLIGHTS (all comparisons to the second quarter 2022, unless otherwise noted) $4.0 billion total assets (Company record) 1.10% return on assets; 10.49% return on equity 12% annualized commercial loan...

BAR HARBOR, ME / ACCESSWIRE / May 22, 2023 / Bar Harbor Bankshares (NYSE American:BHB; the "Company") announced that its Board of Directors authorized the repurchase of up to 756,000 shares of its outstanding common stock, representing approximately 5% of its shares as of April 30, 2023 under a share repurchase plan (the "Plan"). The Plan is authorized to last no longer than 12 months. Share repurchases, if any, will be made from time to time in the open market, through block trades, or...

BAR HARBOR, ME / ACCESSWIRE / April 20, 2023 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported first quarter 2023 net income of $13.0 million or $0.86 per diluted share compared to $9.1 million or $0.60 per diluted share in the same quarter of 2022. FIRST QUARTER 2023 HIGHLIGHTS (all comparisons to the first quarter 2022, unless otherwise noted) 1.36% return on assets, compared to 1.00% 12.96% return on equity, compared to 8.89% 8% annualized commercial loan growth 3.54% net...

BAR HARBOR, ME / ACCESSWIRE / January 19, 2023 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported fourth quarter 2022 net income of $12.5 million or $0.83 per diluted share compared to $9.8 million or $0.65 per diluted share in the same quarter of 2021. Earnings per share in the prior year quarter included a $0.05 per diluted share benefit from Paycheck Protection Program ("PPP") loans. For the full year of 2022, net income was $43.6 million or $2.88 per diluted share compared...