BHB Stock Analysis: Bar Harbor Bankshares | AMEX
Banks - Regional | AMEX, USA | Market Cap: 676m USD | 12M Return: 30.5% | US0668491006 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.00M
EPS Trend: 66.2%
Qual. Beats: 0
Rev. Trend: 88.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality
Bar Harbor Bankshares (BHB) is a U.S. small-cap bank holding company headquartered in Bar Harbor, Maine, operating primarily through its subsidiary, Bar Harbor Bank & Trust. Founded in 1887 and publicly listed on AMEX since 1997, BHB operates in the regional banking segment of the financials sector, serving both retail and commercial clients across its markets.
The company provides a full suite of deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, money market deposit accounts, and certificates of deposit. Its deposit-gathering model funds a diversified lending portfolio spanning commercial construction (raw land, land development, multifamily), commercial real estate (owner-occupied and non-owner-occupied), tax-exempt loans to municipalities, and commercial and industrial loans for working capital and capital investment.
On the consumer side, BHB originates residential mortgages (one-to-four family homes), home equity loans, and consumer credit products such as personal lines of credit, auto loans, and overdraft protection. Like all regulated lenders, the company maintains an allowance for credit losses to absorb potential loan default risks, in line with standard regional bank accounting practices.
Beyond core banking, BHB generates noninterest income through wealth management, trust and estate services, financial planning, retirement products, life insurance, annuities, and third-party investment and insurance offerings. These services are delivered to individuals, businesses, nonprofits, and municipalities, and include 401(k) plan administration, family office services, and tax and estate planning-diversifying revenue streams beyond traditional net interest margin activity, which is a common strategy for community and regional banks seeking fee-based income.
- Net interest margin compresses as Fed cuts rates
- Commercial real estate loan concentration raises credit risk
- Wealth management fees diversify revenue beyond net interest income
| Net Income: 49.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.10 > 1.0 |
| NWC/Revenue: -1.50k% < 20% (prev -1.34k%; Δ -162.8% < -1%) |
| CFO/TA 0.01 > 3% & CFO 64.1m > Net Income 49.4m |
| Net Debt (-366.9m) to EBITDA (60.7m): -6.04 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.8m) vs 12m ago 9.34% < -2% |
| Gross Margin: 65.32% > 18% (prev 66.27%; Δ -0.95% > 0.5%) |
| Asset Turnover: 5.16% > 50% (prev 5.43%; Δ -0.27% > 0%) |
| Interest Coverage Ratio: 0.70 > 6 (EBIT TTM 52.1m / Interest Expense TTM 74.1m) |
| A: -0.72 (Total Current Assets 648.0m - Total Current Liabilities 4.08b) / Total Assets 4.74b |
| B: 0.07 (Retained Earnings 332.0m / Total Assets 4.74b) |
| C: 0.01 (EBIT TTM 52.1m / Avg Total Assets 4.43b) |
| D: 0.13 (Book Value of Equity 549.6m / Total Liabilities 4.19b) |
| Altman-Z'' = -4.30 = D |
As of September 27, 2026, the stock is trading at USD 38.96 with a total of 466,060 shares traded. Over the past week, the price has changed by -2.72%, over one month by -1.09%, over three months by +4.66% and over the past year by +30.45%.
Current recommended Stop Loss: 37.80 (which is 3% or 1.3 ATR below the current price).
Bar Harbor Bankshares has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold BHB.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 41 | 5.2% |
P/E Trailing = 13.6746
P/E Forward = 12.1212
P/S = 3.6093
P/B = 1.2332
Revenue TTM = 228.5m USD
EBIT TTM = 52.1m USD
EBITDA TTM = 60.7m USD
Long Term Debt = 135.6m USD (from longTermDebt, last quarter)
Short Term Debt = 227.5m USD (from shortTermDebt, last quarter)
Debt = 281.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -366.9m USD (calculated: Debt 281.2m - CCE 648.0m)
Enterprise Value = 309.5m USD (676.3m + Debt 281.2m - CCE 648.0m)
Interest Coverage Ratio = 0.70 (Ebit TTM 52.1m / Interest Expense TTM 74.1m)
EV/FCF = 5.34x (Enterprise Value 309.5m / FCF TTM 57.9m)
FCF Yield = 18.71% (FCF TTM 57.9m / Enterprise Value 309.5m)
FCF Margin = 25.35% (FCF TTM 57.9m / Revenue TTM 228.5m)
Net Margin = 21.61% (Net Income TTM 49.4m / Revenue TTM 228.5m)
Gross Margin = 65.32% ((Revenue TTM 228.5m - Cost of Revenue TTM 79.2m) / Revenue TTM)
Gross Margin QoQ = 50.71% (prev 66.74%)
Tobins Q-Ratio = 0.07 (Enterprise Value 309.5m / Total Assets 4.74b)
Interest Expense / Debt = 26.35% (Interest Expense 74.1m / Debt 281.2m)
Taxrate = 20.54% (12.8m / 62.1m)
NOPAT = 41.4m (EBIT 52.1m * (1 - 20.54%))
Current Ratio = 0.16 (Total Current Assets 648.0m / Total Current Liabilities 4.08b)
Debt / Equity = 0.51 (Debt 281.2m / totalStockholderEquity, last quarter 549.6m)
Debt / EBITDA = -6.04 (Net Debt -366.9m / EBITDA 60.7m)
Debt / FCF = -6.33 (Net Debt -366.9m / FCF TTM 57.9m)
Total Stockholder Equity = 535.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.12% (Net Income 49.4m / Total Assets 4.74b)
RoE = 9.22% (Net Income TTM 49.4m / Total Stockholder Equity 535.2m)
RoCE = 7.77% (EBIT 52.1m / Capital Employed (Equity 535.2m + L.T.Debt 135.6m))
RoIC = 4.72% (NOPAT 41.4m / Invested Capital 877.1m)
WACC = 11.40% (E(676.3m)/V(957.5m) * Re(7.43%) + D(281.2m)/V(957.5m) * Rd(26.35%) * (1-Tc(0.21)))
Discount Rate = 7.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.81 | Cagr: 4.36%
[DCF] Terminal Value 68.77% ; FCFF base≈53.1m ; Y1≈60.9m ; Y5≈89.6m
[DCF] Fair Price = 74.08 (EV 875.2m - Net Debt -366.9m = Equity 1.24b / Shares 16.8m; r=11.40% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 66.19 | EPS CAGR: 7.10% | SUE: 0.0 | # QB: 0
Revenue Correlation: 88.95 | Revenue CAGR: 5.52% | SUE: -0.29 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.94 | Chg30d=+1.62% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=3.62 | Chg30d=+0.14% | Revisions=+0% | GrowthEPS=+11.2% | GrowthRev=+13.3%
EPS next Year (2027-12-31): EPS=3.79 | Chg30d=-0.92% | Revisions=+0% | GrowthEPS=+4.4% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: +0% (up=3, down=3)