Bar Harbor Bankshares Stock News

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On March 11, 2025, Bar Harbor, ME-based Bar Harbor Bankshares (NYSE American: 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 ...

BAR HARBOR, ME AND WOODSVILLE, NH / ACCESS Newswire / March 11, 2025 / Bar Harbor Bankshares (NYSE MKT:BHB) (or "Bar Harbor") and Guaranty Bancorp, Inc. (OTC:GUAA) (or "Guaranty") today announced that they have signed a definitive merger agreement pursuant to which Bar Harbor will acquire Guaranty in an all-stock transaction valued at approximately $41.6 million, or approximately $56.94 per sha...

BAR HARBOR, ME / ACCESS Newswire / January 23, 2025 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported fourth quarter 2024 GAAP and core (Non-GAAP) net income of $11.0 million or $0.72 per diluted share compared to GAAP and core (Non-GAAP) net income of $9.9 million or $0.65 per diluted share in the same quarter of 2023. FOURTH QUARTER 2024 HIGHLIGHTS Return on assets of 1.09%...

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables an...

BAR HARBOR, ME / ACCESSWIRE / October 22, 2024 / Bar Harbor Bankshares (NYSE American: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 HIGHLIGHTS Return on assets of 1.20% Core ...

The loan growth outlook is positive thanks to interest rate cuts, stability in housing prices, and New England's consistently low unemployment rates. Interest rate cuts will likely pressurize the margin. I've reduced my margin estimate following the first half's disappointing performance. The December 2025 target price suggests a small price upside. Further, BHB is offering an attractive divide...