Bar Harbor Bankshares (NYSEAMERICAN:BHB) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Bar Harbor Bankshares (NYSEAMERICAN:BHB) released its quarterly earnings data on Tuesday. The financial services provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02, FiscalAI reports. The business had revenue of $49.68 million for the quarter, compared to analyst estimates of $49.32 million. Bar Harbor Bankshares had a return on equity of 11.51% and a net margin of 18.46%.

Bar Harbor Bankshares Stock Performance

NYSEAMERICAN:BHB opened at $38.24 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a 50-day moving average of $36.44 and a two-hundred day moving average of $34.48. The stock has a market cap of $640.14 million, a P/E ratio of 12.92 and a beta of 0.60. Bar Harbor Bankshares has a 1-year low of $28.06 and a 1-year high of $39.67.

Bar Harbor Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Thursday, August 20th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, August 20th. Bar Harbor Bankshares’s dividend payout ratio is presently 47.72%.

Key Bar Harbor Bankshares News

Here are the key news stories impacting Bar Harbor Bankshares this week:

• Positive Sentiment: Bar Harbor Bankshares reported second-quarter EPS of $0.92 and revenue of $49.68 million, both ahead of expectations, which supports the stock. Bar Harbor Bankshares Reports Second Quarter 2026 Results; Declares Dividend
• Positive Sentiment: The company declared a quarterly dividend of $0.34 per share, reinforcing its appeal as an income stock with a roughly 3.5% annualized yield. Bar Harbor Bankshares Reports Second Quarter 2026 Results; Declares Dividend
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on Bar Harbor Bankshares to $38 from $36, suggesting improved expectations for the shares. Benzinga report on price target increase
• Neutral Sentiment: Despite the higher price target, KBW maintained its “market perform” rating, indicating a still-cautious view rather than a strong bullish call. Benzinga report on price target increase
• Neutral Sentiment: Zacks highlighted BHB as a potential dividend stock, which may help investor interest but does not by itself change fundamentals. Why Bar Harbor Bankshares (BHB) is a Top Dividend Stock for Your Portfolio

Insider Buying and Selling

In related news, Director Matthew L. Caras purchased 760 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were acquired at an average cost of $34.68 per share, for a total transaction of $26,356.80. Following the transaction, the director owned 22,894 shares of the company’s stock, valued at $793,963.92. This trade represents a 3.43% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bar Harbor Bankshares

Institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in shares of Bar Harbor Bankshares by 0.6% during the third quarter. Dimensional Fund Advisors LP now owns 879,482 shares of the financial services provider’s stock valued at $26,789,000 after acquiring an additional 5,239 shares during the period. Vanguard Group Inc. grew its holdings in Bar Harbor Bankshares by 2.6% during the third quarter. Vanguard Group Inc. now owns 864,661 shares of the financial services provider’s stock worth $26,338,000 after acquiring an additional 21,589 shares during the period. Geode Capital Management LLC lifted its holdings in Bar Harbor Bankshares by 9.1% in the 4th quarter. Geode Capital Management LLC now owns 410,445 shares of the financial services provider’s stock valued at $12,747,000 after acquiring an additional 34,306 shares during the last quarter. Boston Partners grew its stake in shares of Bar Harbor Bankshares by 12.4% in the 4th quarter. Boston Partners now owns 146,360 shares of the financial services provider’s stock worth $4,544,000 after purchasing an additional 16,156 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Bar Harbor Bankshares by 4.6% during the 4th quarter. Renaissance Technologies LLC now owns 120,984 shares of the financial services provider’s stock valued at $3,757,000 after acquiring an additional 5,296 shares during the last quarter. Institutional investors and hedge funds own 54.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on BHB shares. Piper Sandler restated an “overweight” rating and issued a $41.00 price target (up from $39.00) on shares of Bar Harbor Bankshares in a report on Friday, June 26th. Keefe, Bruyette & Woods raised their target price on shares of Bar Harbor Bankshares from $36.00 to $38.00 and gave the company a “market perform” rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $39.50.

About Bar Harbor Bankshares

Bar Harbor Bankshares, Inc is a bank holding company headquartered in Ellsworth, Maine, and the parent of Bar Harbor Bank & Trust. The company provides a full suite of commercial and consumer banking products and services, including deposit accounts, residential and commercial lending, wealth management, treasury and cash management, and online and mobile banking solutions. Its subsidiary, Bar Harbor Bank & Trust, operates branches across Maine and eastern New Hampshire, serving both individual and business clients with a focus on community banking relationships.

With roots tracing back to the late 19th century, Bar Harbor Bankshares has built its presence along the coast of Maine, extending from Casco Bay to Downeast communities, and into neighboring New Hampshire markets.