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olivLaw · US equity research

Bar Harbor Bankshares BHB

State Commercial Banks · SIC 6022 · Vertical: State Commercial Banks (SIC 6022)

42.51USD+3.28% · 1 dayClose 04 Nov 2026

Bar Harbor Bankshares is the parent of Bar Harbor Bank & Trust, a community bank operating in Maine, New Hampshire and Vermont. After the Guaranty Bancorp acquisition completed in August 2025, total assets rose to 4.7 billion USD, and the net interest margin climbed to 3.77% in the third quarter of 2026, making margin and deposit-cost trends the main markers for investors.

At the close of 04 Nov 2026, Bar Harbor Bankshares (BHB) stock was 42.51 USD (+3.28% on the day), with market capitalisation 712.7 m USD, P/E 14.4 on diluted EPS of 2.96 USD over the last 12 months, dividend yield 3.06%, beta 0.75, 52-week range 28.82–42.51 USD. Latest reported quarter (Q2 2026): net income of 15.2 m USD (+149.9% YoY), diluted EPS 0.91 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
712.7 m USD
shares as of 03 Aug 2026
P/E (TTM)
14.4
Diluted EPS TTM 2.96 · TTM to 30 Jun 2026
E/P (TTM)
6.97%
TTM to 30 Jun 2026
Dividend yield
3.06%
DPS 12m 1.30
Beta (2y)
0.75
Volatility (1y) 23%
52-week range
28.8242.51

Price history

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Technical reading

RSI (14)
72.4
overbought (≥ 70)
Bollinger (20, 2)
36.74 – 42.34
above the upper band · %B 1.03 · band width 14.2%
SMA 50 / 200
39.62 / 36.55
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.66 / 0.32
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+8.3%−1.1%+9.4 pp—
3 months+4.9%−0.5%+5.3 pp—
6 months+21.4%+4.4%+17.0 pp—
Year to date+36.9%+12.3%+24.6 pp—
1 year+45.1%+13.5%+31.5 pp+26.7%
3 years+64.0%+76.4%−12.4 pp+76.9%
5 years+34.7%+63.7%−29.0 pp—
Max drawdown (1y)
−13.0%
04 Feb 2026 → 18 Mar 2026
Max drawdown (5y)
−33.9%
16 Dec 2022 → 04 May 2023
Compound annual growth (5y)
+6.1%
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
unavailable USD
unavailable YoY
Net income
15.2 m USD
+149.9% YoY
Diluted EPS
0.91
+127.5% YoY
net / operating
unavailable / unavailable

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Interest expense19.6 m18.4 m18.5 m—————
Pre-tax income13.6 m13.6 m12.7 m7.5 m11.0 m14.7 m17.2 m19.2 m
Income tax1.4 m2.6 m2.5 m1.4 m2.2 m3.0 m3.6 m4.0 m
Net income12.2 m11.0 m10.2 m6.1 m8.9 m11.8 m13.5 m15.2 m
Diluted EPS0.800.72 ≈0.660.400.540.70 ≈0.810.91
Operating cash flow23.5 m ≈13.3 m9.3 m5.3 m ≈16.5 m ≈17.2 m5.0 m25.4 m ≈
Capex1.1 m ≈848.0 k1.5 m2.0 m ≈1.1 m ≈178.0 k2.0 m3.6 m ≈
Dividends paid4.5 m ≈4.5 m4.6 m5.0 m ≈5.4 m ≈5.4 m5.4 m5.7 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 77 percentile of its own 39-quarter history (min 7.6, median 11.7, max 23.0; quarters with earnings only).

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue21.5 m22.2 m24.7 m28.4 m29.4 munavailableunavailableunavailable
Revenue YoYunavailable+3.1%+11.3%+14.9%+3.4%unavailableunavailableunavailable
Net income32.9 m22.6 m33.2 m39.3 m43.6 m44.9 m43.5 m36.9 m
Net income YoY+26.7%−31.3%+47.0%+18.2%+10.8%+3.0%−2.9%−15.2%
Diluted EPS2.121.452.182.612.882.952.842.31
Diluted EPS YoY+24.7%−31.6%+50.3%+19.7%+10.3%+2.4%−3.7%−18.7%
net %153.0%101.9%134.6%138.4%148.3%unavailableunavailableunavailable
Free cash flow32.9 m20.9 m13.9 m57.5 m53.4 m40.9 m45.0 m43.5 m

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
80.8 m USD
Financial debt
269.6 m USD
Net debt
188.8 m USD
Equity
532.5 m USD
Total assets
4.7 bn USD
Debt / equity
0.51x
Current ratio
unavailable
ROE
7.5%
ROA
0.8%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Income statement · USD

Net interest income
2023
117.7 m
2024
113.8 m
2025
134.5 m

SEC (XBRL)· 13 Mar 2026verified

Net fee income
2023
35.1 m
2024
36.9 m
2025
34.5 m

SEC (XBRL)· 13 Mar 2026verified

Non-interest expense
2023
92.7 m
2024
96.0 m
2025
117.7 m

SEC (XBRL)· 13 Mar 2026verified

Pre-tax income
2023
57.1 m
2024
52.6 m
2025
45.9 m

SEC (XBRL)· 13 Mar 2026verified

Net income
2023
44.9 m
2024
43.5 m
2025
36.9 m

SEC (XBRL)· 13 Mar 2026verified

Diluted EPS
2023
2.95
2024
2.84
2025
2.31

SEC (XBRL)· 13 Mar 2026verified

Dividend per share
2023
1.10
2024
1.18
2025
1.26

SEC (XBRL)· 13 Mar 2026verified

Balance sheet · USD

Cash
2023
94.8 m
2024
72.2 m
2025
80.8 m

SEC (XBRL)· 13 Mar 2026verified

Loans
2023
3.0 bn
2024
3.1 bn
2025
3.6 bn

SEC (XBRL)· 13 Mar 2026verified

Total assets
2023
4.0 bn
2024
4.1 bn
2025
4.7 bn

SEC (XBRL)· 13 Mar 2026verified

Deposits
2023
3.1 bn
2024
3.3 bn
2025
3.8 bn

SEC (XBRL)· 13 Mar 2026verified

Short-term debt
2023
270.8 m
2024
249.7 m
2025
134.8 m

SEC (XBRL)· 13 Mar 2026verified

Long-term debt
2023
60.7 m
2024
40.9 m
2025
134.8 m

SEC (XBRL)· 13 Mar 2026verified

Total liabilities
2023
3.5 bn
2024
3.6 bn
2025
4.2 bn

SEC (XBRL)· 13 Mar 2026verified

Equity
2023
432.1 m †
2024
458.4 m †
2025
532.5 m †

SEC (XBRL)· 13 Mar 2026verified

Cash flow · USD

Dividends paid
2023
16.6 m
2024
17.8 m
2025
20.4 m

SEC (XBRL)· 13 Mar 2026verified

Share repurchases
2023
—
2024
—
2025
—

SEC (XBRL)· 10 Mar 2021verified

Computed indicators

Growth

Revenue growth (YoY)
3.4%
computed by olivLawFY 2022
Revenue CAGR 3Y
9.8%
computed by olivLawFY 2019 → FY 2022
Revenue CAGR 5Y
unavailable
input data missing
Net income growth (YoY)
10.8%
computed by olivLawFY 2022
Net income CAGR 3Y
24.4%
computed by olivLawFY 2019 → FY 2022
Net income CAGR 5Y
10.9%
computed by olivLawFY 2017 → FY 2022
EPS growth (YoY)
10.3%
computed by olivLawFY 2022
EPS CAGR 3Y
25.7%
computed by olivLawFY 2019 → FY 2022
EPS CAGR 5Y
11.1%
computed by olivLawFY 2017 → FY 2022

Profitability

Net margin
unavailable
input data missing

Returns

ROE
9.7%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROA
1.1%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Payout ratio (EPS)
43.9%
computed by olivLawTTM to 30 Jun 2026

Market and valuation

Market capitalisation
712.7 m USD
computed by olivLawbalance sheet at 30 Jun 2026
Market cap / net income TTM
14.4x
computed by olivLawTTM to 30 Jun 2026
P/E (TTM)
14.4x
computed by olivLawTTM to 30 Jun 2026
Earnings yield
7.0%
computed by olivLawTTM to 30 Jun 2026
P/B
1.3x
computed by olivLawbalance sheet at 30 Jun 2026
P/S
unavailable
input data missing
Dividend yield
3.1%
computed by olivLawTTM to 30 Jun 2026
Shareholder yield (distributions)
3.1%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026

Banking

Net interest margin
3.4%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Cost-to-income
64.9%
computed by olivLawTTM to 30 Jun 2026
Loan-to-deposit
92.9%
computed by olivLawbalance sheet at 30 Jun 2026
NPL ratio
unavailable
input data missing
CET1 ratio
unavailable
input data missing
Cost of risk
unavailable
input data missing

32 indicators that do not apply to the sector.

Valuation

olivLaw classification

Neutral profile

Score: 47 / 100

A scoring methodology on indicators and valuation, not investment advice.

Closing price

42.51 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 712.7 m USD

Key indicators

Market capitalisation
712.7 m USD
computed by olivLawbalance sheet at 30 Jun 2026
P/E (TTM)
14.4x
computed by olivLawTTM to 30 Jun 2026
P/B
1.3x
computed by olivLawbalance sheet at 30 Jun 2026
ROE
9.7%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Net margin
unavailable
input data missing
Revenue growth (YoY)
3.4%
computed by olivLawFY 2022
Dividend yield
3.1%
computed by olivLawTTM to 30 Jun 2026

Coverage and freshness

17/20 reporting lines present
Latest full fiscal year: 2022
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 03 Aug 2026
Source: SEC (XBRL)published 05 Aug 2026
verified 2350derived 144

Score by group

  • Balance sheet18
  • Valuation34
  • Quality30
  • Growth99
  • Returns86

Estimated value range

Low
32.35
USD per share
Mid
34.69
USD per share
High
40.67
USD per share
Price: 42.51 USD
The price is above the range
Potential to the central value: -18.4% (value / price − 1)
Margin of safety: -22.6% (1 − price / value)
Agreement between methods: high · 5 methods used · 4 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 16.56 – 46.95 USD.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • Residual income32.35 – 33.81 (Mid 33.06)
  • Justified P/B30.24 – 40.67 (Mid 34.69)
  • Dividend discount (DDM)16.56 – 22.27 (Mid 18.99)
  • Peers: P/E33.23 – 41.15 (Mid 37.03)
    34 companies used · median multiple 12.5x · quartiles 11.2x – 13.9x
    ALLY, BFST, BNY, BOTJ, BSRR, BWFG, CBSH, CFFI, CFG, CIVB, COFS, COLB, EWBC, FBP, FCCO, FHB, FVCB, FXNC, HTH, IBCP, INBK, LKFN, MTB, MVBF, NTRS, ORRF, PEBO, RBB, SBFG, STT, TCBI, UVSP, WASH, WTFC
  • Peers: P/B36.62 – 46.95 (Mid 42.31)
    33 companies used · median multiple 1.3x · quartiles 1.1x – 1.4x
    ALLY, AVBH, BFST, BOTJ, BSRR, BWFG, CBFV, CBSH, CFFI, CFG, CIVB, COFS, COLB, EWBC, FCCO, FHB, FITB, FVCB, FXNC, HTH, IBCP, INBK, MTB, MVBF, ORRF, PEBO, RBB, SBFG, STT, TCBI, UVSP, WASH, WTFC
Multiple comparisons use the SIC vertical: State Commercial Banks (SIC 6022)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Neutral profile · Score 47/100

FactorValueScoreWeight used
ROE · Quality9.7%23 (vs peers)19%
ROA · Quality1.1%51 (on a fixed band)7%
Cost-to-income · Quality64.9%0 (on a fixed band)12%
Net interest margin · Quality3.4%76 (on a fixed band)7%
EPS CAGR 3Y · Growth25.7%100 (on a fixed band)10%
Revenue CAGR 3Y · Growth9.8%98 (on a fixed band)7%
NPL ratio · Balance sheetunavailableunavailable—
Cost of risk · Balance sheetunavailableunavailable—
Loan-to-deposit · Balance sheet92.9%18 (on a fixed band)5%
P/B · Valuation1.3x49 (vs peers)12%
P/E (TTM) · Valuation14.4x19 (vs peers)12%
Dividend yield · Returns3.1%86 (vs peers)10%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial18/100 · 1/3 factors with a value
  • Growth99/100 · 2/2 factors with a value
  • Quality30/100 · 4/4 factors with a value
  • Returns86/100 · 1/1 factors with a value
  • Valuation34/100 · 2/2 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

BAR HARBOR BANKSHARES (BHB). Latest full fiscal year: 2022; data up to 2026-06-30.

Figures computed from the financial statements: net interest income 134.5 m USD in 2025; YoY growth 3.4%; ROE 9.7%.

The estimated value range is 32.35–40.67 USD per share (median of 5 methods, agreement: high); assumptions are illustrative. Against the central value of 34.69 USD, the price of 42.51 USD leaves a potential of -18.4% (value / price − 1) and a margin of safety of -22.6% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 47/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Net interest margin: 3.4%
  • EPS CAGR 3Y: 25.7%
  • Revenue CAGR 3Y: 9.8%
  • Dividend yield: 3.1%

What contradicts it

  • ROE: 9.7%
  • Cost-to-income: 64.9%
  • Loan-to-deposit: 92.9%
  • P/E (TTM): 14.4x
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.

Versus the vertical median

State Commercial Banks (SIC 6022) · same industry (4-digit SIC) · compared with 39 companies

Multiples and returns vs the median

P/E
14.4x
vertical median 12.7x
above median (+13.0%)
EV/EBITDA
—
vertical median —
P/S
—
vertical median 19.0x
P/B
1.3x
vertical median 1.3x
at median
ROE
9.7%
vertical median 11.2%
below median (−13.4%)
Net margin
—
vertical median 136.3%
EBIT margin
—
vertical median —
Revenue YoY
3.4%
vertical median 6.7%
below median (−49.2%)
Net debt/EBITDA
—
vertical median —
Dividend yield
3.1%
vertical median 2.2%
above median (+41.0%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
BNYThe Bank Of New York Mellon Corporation102.8 bn16.815.0%32.6%+7.8%+36% / +216%
FITBFifth Third Bancorp49.4 bn18.49.4%—−2.0%+26% / +89%
STTState Street Corporation47.2 bn13.913.1%23.8%+7.3%+46% / +138%
MTBM&T Bank Corp32.4 bn11.710.7%178.1%+7.5%+18% / +75%
NTRSNorthern Trust Corporation32.2 bn13.718.4%28.8%−2.5%+36% / +125%
CFGCitizens Financial Group Inc27.6 bn13.08.9%25.4%+5.6%+22% / +142%
EWBCEast West Bancorp, Inc.18.4 bn12.916.6%—+4.4%+26% / +113%
ALLYAlly Financial Inc.11.8 bn8.89.9%16.8%−3.3%−5% / +35%
WTFCWintrust Financial Corp10.5 bn11.912.9%347.5%+5.9%+16% / +82%
COLBColumbia Banking System, Inc.8.9 bn12.511.0%401.7%+18.8%+13% / +40%
CBSHCommerce Bancshares, Inc.8.1 bn13.814.6%—unavailable+9% / +29%
TCBITexas Capital Bancshares Inc4.5 bn13.410.2%—unavailable+18% / +93%
FBPFirst Bancorp4.1 bn11.219.5%29.0%+2.4%+34% / +77%
FHBFirst Hawaiian, Inc.3.1 bn11.69.9%30.3%+8.9%+4% / +32%
HTHHilltop Holdings Inc.2.1 bn15.76.6%—unavailable+10% / +28%
LKFNLakeland Financial Corporation1.6 bn14.115.4%—−2.1%+8% / +13%
PEBOPeoples Bancorp Inc.1.4 bn11.710.1%136.3%+2.3%+34% / +35%
UVSPUnivest Financial Corporation1.1 bn12.410.0%27.2%+9.6%+30% / +120%
BFSTBusiness First Bancshares, Inc.1.1 bn11.610.1%768.0%+1.2%+27% / +63%
ORRFOrrstown Financial Services, Inc.890.4 m10.214.8%232.4%+36.0%+27% / +89%
IBCPIndependent Bank Corporation822.4 m11.013.5%218.4%+0.3%+14% / +72%
WASHWashington Trust Bancorp Inc768.3 m14.010.2%23.7%+127.6%+42% / +51%
BHBBar Harbor Bankshares712.7 m14.49.7%—+3.4%+45% / +64%
CIVBCivista Bancshares, Inc.599.1 m11.011.2%276.9%−0.5%+27% / +84%
BWFGBankwell Financial Group, Inc.584.1 m12.914.5%1,437.5%+44.0%+60% / +172%

1- and 3-year price returns: for BHB from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Scenarios are not available. input data missing

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

In brief

Bar Harbor Bankshares is the parent of Bar Harbor Bank & Trust, a community bank operating in Maine, New Hampshire and Vermont. After the Guaranty Bancorp acquisition completed in August 2025, total assets rose to 4.7 billion USD, and the net interest margin climbed to 3.77% in the third quarter of 2026, making margin and deposit-cost trends the main markers for investors.

SWOT

Strengths

  • The company holds a distinctive position in Northern New England and a close relationship with local customers, supporting deposit retention and growth.
  • Fee income from wealth management, treasury and customer services diversifies revenue away from interest income.
  • The commercial loan book is described as high quality, with a large share rated pass.

Weaknesses

  • Reliance on net interest income makes profitability sensitive to rate movements and deposit costs.
  • Geographic concentration in Northern New England exposes the bank to regional economic conditions.
  • Unrealized securities losses and rising non-performing loans have pressured capital and asset quality.

Opportunities

  • Integrating the Guaranty Bancorp acquisition could yield cost savings and new customer relationships in New Hampshire.
  • If customer deposit growth continues, the company could further reduce its dependence on wholesale funding.
  • Adding commercial lending recruits could expand the loan pipeline and fee-based revenue.

Threats

  • Interest rate volatility could reduce net interest margin and the value of the securities portfolio.
  • Pressure on the commercial real estate market could lead to higher provisions and credit losses.
  • Competition from large banks for deposits could raise funding costs and erode the local advantage.

Risks

  • Interest rate riskhigh

    Rate changes can affect net interest income, securities values and the prepayment rate of loans.

  • Commercial loan qualityhigh

    The commercial real estate book is large, and a weaker local economy could lead to higher non-performing loans.

  • Liquidity and fundingmedium

    If access to capital markets or customer deposits declines, funding costs could rise.

  • Acquisition integrationmedium

    Failure to realize the expected synergies from the Guaranty Bancorp acquisition could affect results and goodwill value.

  • Regulation and capitallow

    Regulators could raise capital and liquidity requirements, limiting dividends or growth.

Investment thesis

What would need to be true (bull case)

  • The net interest margin rose in the third quarter of 2026 as deposit costs fell, supporting profitability if the trend continues.
  • Deposit growth and lower wholesale funding could strengthen the bank's liquidity position.
  • Wealth management and fee income diversify revenue and reduce dependence on interest income.

What would break the thesis

  • Net income fell in 2025 compared with 2024, and returns on assets declined, raising questions about the efficiency of growth.
  • Unrealized securities losses and rising non-performing loans could pressure capital and results.
  • Geographic concentration and commercial real estate exposure could amplify a regional downturn.

What to watch

  • Trajectory of the net interest margin and deposit costsQ4 2026
  • Level of non-performing loans and provisions for credit lossesQ4 2026
  • Integration of Guaranty Bancorp and realization of cost savings2027

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

The business

The strategy emphasizes customer and employee experience, geographic footprint and disciplined credit risk management. Fee income is described as fundamental to profitability through trust, treasury and customer services. The company completed its acquisition of Guaranty Bancorp, Inc., parent of Woodsville Guaranty Savings Bank, on August 1, 2025, adding assets and deposits in New Hampshire.

Between January and September 2026 the bank reported deposit growth and a reduced reliance on wholesale borrowings, which lowered its cost of funds. Reported results still rest mainly on the net interest margin and credit quality rather than on fee income.

Segments

Residential and consumer lending

Residential mortgages and home equity loans grew during 2025 and are partly sold in the secondary market, generating mortgage banking income. Elevated prepayment activity reduced residential balances in the first half of 2026.

Trust and investment management

The wealth management division generates recurring fee income and is described as a significant contributor to the organization. Trust and investment management fee income rose in the third quarter of 2026 as assets under management grew.

Market context

Commercial lending in the region is concentrated in real estate and hospitality, so pressure on funding costs and property values can affect portfolio quality. Interest rate sensitivity remains a central factor for the regional banking industry as a whole.

Trends

  • Net interest margin expansiontailwind

    The net interest margin rose from 3.41% in 2025 to 3.77% in the third quarter of 2026 as deposit costs fell. If the cost of funds keeps falling more slowly than loan yields, the benefit could be limited.

  • Funding costs and deposit reliancemixed

    Lower wholesale borrowings and higher customer deposits support profitability. However, stronger competition for deposits could raise funding costs and compress the margin.

  • Unrealized losses on securitiesheadwind

    Unrealized losses on the available-for-sale securities portfolio increased with the interest rate environment, weighing on book value. The path of interest rates remains a source of uncertainty.

  • Asset qualityheadwind

    Non-accruing loans rose in 2025 compared with 2024, and a loan was transferred into other real estate owned in 2026. If commercial real estate markets weaken, provisions could increase.

Competitive position

Major competitors include local independent banks, branches of large regional and national banks, thrift and savings institutions, mortgage companies and credit unions. The company says it differentiates through quality service, local decision making and long-term customer relationships.

The company acknowledges it cannot assure it will compete effectively in the future, particularly against large banks that offer advanced technology and aggressive deposit and loan pricing.

  • Regional and national banks with branches in the area

    Branches of large banks compete for deposits and commercial loans in the same counties across Maine, New Hampshire and Vermont.

  • Independent local community banks

    Local banks compete through personalized service and quick decisions in the same Northern New England markets.

  • Savings and loan institutions

    These institutions compete especially in residential mortgages and savings deposits.

  • Credit unions

    Credit unions attract deposits and retail customers, especially in rural areas.

News & filings

In the press

No news in our archive over the last 180 days.

SEC filings

  • Current report22 Oct 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Current report21 Sept 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Current report15 Sept 2026
    Departure or appointment of officers
  • Quarterly report05 Aug 2026
  • Current report27 Jul 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Current report21 Jul 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Current report07 May 2026
    Shareholder vote
  • Current report06 May 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Quarterly report05 May 2026
  • Current report21 Apr 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Bar Harbor Bankshares · 13 Mar 2026
  2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Bar Harbor Bankshares · 05 Aug 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Bar Harbor Bankshares · 22 Oct 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.