Bar Harbor Bankshares Inc

Company Profile

Bar Harbor Bankshares Inc had its IPO on 1997-09-23 under the ticker symbol BHB.

The company operates in the Financial Services sector and Banks-Regional industry. Bar Harbor Bankshares Inc has a staff strength of 486 employees.

Stock update

Shares of Bar Harbor Bankshares Inc opened at $23.72 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $23.72 - $24.47, and closed at $24.29.

This is a +2.4% increase from the previous day's closing price.

A total volume of 57,951 shares were traded at the close of the day’s session.

In the last one week, shares of Bar Harbor Bankshares Inc have slipped by -2.1%.

Bar Harbor Bankshares Inc's Key Ratios

Bar Harbor Bankshares Inc has a market cap of $364.20 million, indicating a price to book ratio of 1.0484 and a price to sales ratio of 3.3187.

In the last 12-months Bar Harbor Bankshares Inc’s revenue was $152.09 million with a gross profit of $146.09 million and an EBITDA of $0. The EBITDA ratio measures Bar Harbor Bankshares Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bar Harbor Bankshares Inc’s operating margin was 40.1% while its return on assets stood at 1.25% with a return of equity of 11.64%.

In Q1, Bar Harbor Bankshares Inc’s quarterly earnings growth was a positive 43.3% while revenue growth was a positive 18%.

Bar Harbor Bankshares Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.6592

PEG

0

Its diluted EPS in the last 12-months stands at $3.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bar Harbor Bankshares Inc’s profitability.

Bar Harbor Bankshares Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.3187.

Bar Harbor Bankshares Inc stock pays annual dividends of $1.04 per share, indicating a yield of 4.66% and a payout ratio of 33.65%.

Balance sheet and cash flow metrics

Total Assets

$3.93 billion

Total Liabilities

$3.45 billion

Operating Cash Flow

$-38117000.00

Capital Expenditure

$1.15 million

Dividend Payout Ratio

33.65%

Bar Harbor Bankshares Inc ended 2024 with $3.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.93 billion while shareholder equity stood at $408.41 million.

Bar Harbor Bankshares Inc ended 2024 with $0 in deferred long-term liabilities, $3.45 billion in other current liabilities, 32857000.00 in common stock, $252.88 million in retained earnings and $119.48 million in goodwill. Its cash balance stood at $82.70 million and cash and short-term investments were $639.74 million. The company’s total short-term debt was $398,574,000 while long-term debt stood at $398.57 million.

Bar Harbor Bankshares Inc’s total current assets stands at $639.74 million while long-term investments were $557.04 million and short-term investments were $557.04 million. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Bar Harbor Bankshares Inc's operating cash flow was $-38117000.00 while its capital expenditure stood at $1.15 million.

Comparatively, Bar Harbor Bankshares Inc paid $0.34 in dividends in 2024.

Other key metrics

Current Trading Price

$24.29

52-Week High

$32.4242

52-Week Low

$19.3088

Analyst Target Price

$29

Bar Harbor Bankshares Inc stock is currently trading at $24.29 per share. It touched a 52-week high of $32.4242 and a 52-week low of $32.4242. Analysts tracking the stock have a 12-month average target price of $29.

Its 50-day moving average was $25.31 and 200-day moving average was $26.71 The short ratio stood at 4.2 indicating a short percent outstanding of 0%.

Around 232.3% of the company’s stock are held by insiders while 5531.3% are held by institutions.