BHB Stock Analysis: Bar Harbor Bankshares | NYSE MKT

Banks - Regional | NYSE MKT, USA | Market Cap: 654m USD | 12M Return: 32.3% | Charts, Fundamentals & Technical Analysis

Deposit Accounts, Commercial Loans, Consumer Loans, Wealth Management
Total Rating 46
Safety 42
Buy Signal -0.10
Banks - Regional
Industry Rotation: -5.9
Market Cap: 654M
Avg Turnover: 4.21M
Risk 3d forecast
Volatility28.8%
VaR 5th Pctl4.93%
VaR vs Median3.93%
Reward TTM
Sharpe Ratio1.09
Rel. Str. IBD77.9
Rel. Str. Peer Group63.2
Character TTM
Beta0.599
Beta Downside0.656
Hurst Exponent0.518
Drawdowns 3y
Max DD27.14%
CAGR/Max DD0.66
CAGR/Mean DD1.58
EPS (Earnings per Share) EPS (Earnings per Share) of BHB over the last years for every Quarter: "2021-06": 0.63, "2021-09": 0.73, "2021-12": 0.68, "2022-03": 0.62, "2022-06": 0.7, "2022-09": 0.76, "2022-12": 0.83, "2023-03": 0.86, "2023-06": 0.71, "2023-09": 0.73, "2023-12": 0.68, "2024-03": 0.66, "2024-06": 0.66, "2024-09": 0.8, "2024-12": 0.72, "2025-03": 0.68, "2025-06": 0.7, "2025-09": 0.95, "2025-12": 0.93, "2026-03": 0.88, "2026-06": 0.92,
EPS CAGR: 7.10%
EPS Trend: 66.2%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of BHB over the last years for every Quarter: 2021-06: 36.688, 2021-09: 40.265, 2021-12: 37.68, 2022-03: 35.806, 2022-06: 37.749, 2022-09: 41.908, 2022-12: 46.384, 2023-03: 49.535, 2023-06: 51.861, 2023-09: 53.742, 2023-12: 54.665, 2024-03: 54.402, 2024-06: 56.295, 2024-09: 58.233, 2024-12: 55.704, 2025-03: 55.82, 2025-06: 53.334, 2025-09: 66.489, 2025-12: 67.696, 2026-03: 55.25, 2026-06: 39.026,
Rev. CAGR: 5.52%
Rev. Trend: 88.9%
Last SUE: -0.29
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -0.8% 0
Feb -1.2% 17
Mar -0.1% 2
Apr -3.0% 18
May +0.7% 14
Jun +3.0% 27
Jul -3.3% 18
Aug -2.1% 24
Sep -1.5% 12
Oct -0.5% 2
Nov +2.2% 35
Dec -0.1% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: BHB Bar Harbor Bankshares

Bar Harbor Bankshares (NYSE MKT: BHB) is the holding company for Bar Harbor Bank & Trust, a community-oriented financial institution that provides a comprehensive suite of banking and nonbanking products and services to consumers and businesses. The company, founded in 1887 and headquartered in Bar Harbor, Maine, generates revenue primarily through net interest income from its lending activities, which span commercial construction loans, commercial real estate, commercial and industrial loans, residential mortgages, home equity loans, and various consumer loan products, alongside traditional deposit products such as checking, savings, money market accounts, and certificates of deposit.

In addition to core banking services, Bar Harbor operates a community-focused wealth management division offering trust and estate administration, investment management, financial planning, retirement products, and family office services, providing meaningful fee-based income diversification beyond interest spread activities. As a small-cap regional bank, BHB operates within the highly competitive U.S. community banking sector, where institutions like BHB typically compete against both larger national banks and other local community banks by emphasizing local decision-making, relationship banking, and service quality in their defined geographic markets.

Headlines to Watch Out For
  • Net interest margin expands on elevated rate environment
  • Commercial real estate loan portfolio growth drives earnings
  • Deposit costs pressure margins amid regional bank funding competition
Piotroski VR-10 (Strict) 3.0
Net Income: 49.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.38 > 1.0
NWC/Revenue: -1.45k% < 20% (prev -1.34k%; Δ -107.9% < -1%)
CFO/TA 0.01 > 3% & CFO 44.0m > Net Income 49.4m
Net Debt (-366.9m) to EBITDA (57.8m): -6.35 < 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)
Altman Z'' -4.14
A: -0.70 (Total Current Assets 648.0m - Total Current Liabilities 3.96b) / Total Assets 4.74b
B: 0.07 (Retained Earnings 314.4m / 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'' = -4.14 = D
What is the price of BHB shares?

As of July 28, 2026, the stock is trading at USD 39.32 with a total of 68,387 shares traded. Over the past week, the price has changed by +3.64%, over one month by +2.53%, over three months by +15.54% and over the past year by +32.34%.

Current recommended Stop Loss: 37.90 (which is 3.6% or 1.3 ATR below the current price).

Is BHB a buy, sell or hold?

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

What are the forecasts/targets for the BHB price?
Analysts Target Price 39.5 0.5%
Bar Harbor Bankshares (BHB) - Fundamental Data Overview as of 28 July 2026
Market Cap USD = 653.7m (653.7m USD * 1.0 USD.USD)
P/E Trailing = 13.1824
P/E Forward = 12.1212
P/S = 3.4887
P/B = 1.1896
Revenue TTM = 228.5m USD
EBIT TTM = 52.1m USD
EBITDA TTM = 57.8m USD
Long Term Debt = 134.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 134.8m USD (from shortTermDebt, last fiscal year)
Debt = 281.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -366.9m USD (calculated: Debt 281.2m - CCE 648.0m)
Enterprise Value = 286.9m USD (653.7m + Debt 281.2m - CCE 648.0m)
Interest Coverage Ratio = 0.70 (Ebit TTM 52.1m / Interest Expense TTM 74.1m)
EV/FCF = 8.49x (Enterprise Value 286.9m / FCF TTM 33.8m)
FCF Yield = 11.78% (FCF TTM 33.8m / Enterprise Value 286.9m)
FCF Margin = 14.79% (FCF TTM 33.8m / 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 = 0.06 (Enterprise Value 286.9m / 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 3.96b)
Debt / Equity = 0.51 (Debt 281.2m / totalStockholderEquity, last quarter 549.6m)
Debt / EBITDA = -6.35 (Net Debt -366.9m / EBITDA 57.8m)
Debt / FCF = -10.86 (Net Debt -366.9m / FCF TTM 33.8m)
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 = 7.78% (EBIT 52.1m / Capital Employed (Equity 535.2m + L.T.Debt 134.8m))
RoIC = 4.55% (NOPAT 41.4m / Invested Capital 909.8m)
WACC = 11.95% (E(653.7m)/V(934.9m) * Re(8.09%) + D(281.2m)/V(934.9m) * Rd(26.35%) * (1-Tc(0.21)))
Discount Rate = 8.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.81 | Cagr: 4.36%
[DCF] Terminal Value 60.93% ; FCFF base≈38.2m ; Y1≈33.5m ; Y5≈27.1m
[DCF] Fair Price = 38.26 (EV 274.1m - Net Debt -366.9m = Equity 641.0m / Shares 16.8m; r=11.95% [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=0.95 | Chg30d=+2.70% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=3.65 | Chg30d=+0.83% | Revisions=+40% | GrowthEPS=+12.0% | GrowthRev=+14.2%
EPS next Year (2027-12-31): EPS=3.88 | Chg30d=+1.57% | Revisions=+40% | GrowthEPS=+6.3% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: +44% (up=5, down=1)