SEC Form 10-Q filed by Bar Harbor Bankshares Inc.

Keefe Bruyette downgraded Bar Harbor Bankshares from Outperform to Mkt Perform and set a new price target of $33.00

Keefe Bruyette initiated coverage of Bar Harbor Bankshares with a rating of Outperform and set a new price target of $34.00

Piper Sandler initiated coverage of Bar Harbor Bankshares with a rating of Overweight and set a new price target of $34.00

On March 11, 2025, Bar Harbor, ME-based Bar Harbor Bankshares (NYSE:BHB) ("Bar Harbor"), parent company of Bar Harbor Bank & Trust, and Woodsville, NH-based Guaranty Bancorp, Inc. (OTC:GUAA) ("Guaranty"), parent company of Woodsville Guaranty Savings Bank, jointly announced that they had entered into a definitive agreement pursuant to which Guaranty would merge with and into Bar Harbor Bankshares and Woodsville Guaranty Savings Bank would merge with and into Bar Harbor Bank & Trust. The transaction, valued at $41.6 million (P/TBV: 1.3x), is an all-stock deal expected to close in 2H25 pending regulatory approval. Under the agreement, James Graham, Guaranty President and CEO, would be appoint

BAR HARBOR, ME / ACCESSWIRE / October 22, 2024 / Bar Harbor Bankshares (NYSE:BHB) (the "Company") reported third quarter 2024 GAAP and core (Non-GAAP) net income of $12.1 million or $0.80 per diluted share compared to GAAP and core (Non-GAAP) net income of $11.1 million or $0.73 per diluted share in the same quarter of 2023.THIRD QUARTER 2024 HIGHLIGHTSReturn on assets of 1.20%Core deposit growth of 18% annualizedNet interest margin of 3.15%Non-accruing loans to total loans ratio of 0.23%Wealth management related fee income growth of 17% year over yearBar Harbor Bankshares' President and Chief Executive Officer, Curtis C. Simard, stated, "Our teams continue to deliver consistent and resilien

BAR HARBOR, ME / ACCESSWIRE / July 18, 2024 / Bar Harbor Bankshares (NYSE:BHB) (the "Company") reported second quarter 2024 GAAP net income of $10.3 million and $0.67 per diluted share and core (Non-GAAP) net income of $10.0 million or $0.66 per diluted share compared to GAAP and core (Non-GAAP) net income $10.8 million or $0.71 per diluted share in the same quarter of 2023.SECOND QUARTER 2024 HIGHLIGHTSReturn on assets of 1.04%Commercial loan growth of 14% annualizedNet interest margin ("NIM") of 3.09%Non-accruing loans to total loans ratio of 0.20%14% growth in trust and investment fee incomeBar Harbor Bankshares' President and Chief Executive Officer, Curtis C. Simard, stated, "We deliver

13F-NT - BAR HARBOR BANKSHARES (0000743367) (Filer)

8-K - BAR HARBOR BANKSHARES (0000743367) (Filer)

8-K - BAR HARBOR BANKSHARES (0000743367) (Filer)