Bar Harbor Bankshares (BHB)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Bar Harbor Bankshares (BHB) trades at $37.85 with AI Score 59/100 (Grade B). Bar Harbor Bankshares is a regional bank holding company operating through its subsidiary, Bar Harbor Bank & Trust. Market cap: $633.69M, Sector: Financial services.
Price live · AI analysis from May 10, 2026BHB stock analysis for 2026: Analysts have set a consensus price target of $38.00 for Bar Harbor Bankshares, suggesting 0.4% upside from the current price of $37.85. The AI MoonshotScore is 59/100, indicating a neutral outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
BHB: the 1 perspectives are evenly split.
How is this calculated? →Bar Harbor Bankshares (BHB) Financial Services Profile
Bar Harbor Bankshares, a regional bank holding company founded in 1887, provides commercial, retail, and wealth management services through its Bar Harbor Bank & Trust subsidiary. Operating across 53 locations in Maine, New Hampshire, and Vermont, BHB distinguishes itself through community-focused banking and comprehensive financial solutions.
What Is the Investment Thesis for BHB?
Bar Harbor Bankshares presents a stable investment opportunity within the regional banking sector. With a market capitalization of $633.69M and a P/E ratio of 9.0, the company demonstrates consistent profitability, supported by a 16.6% profit margin. The dividend yield of 3.66% offers an attractive income stream for investors. Growth catalysts include expansion of wealth management services and strategic lending initiatives in its tri-state area. However, potential risks include interest rate sensitivity and competition from larger national banks and fintech companies. The company's beta of 0.58 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
BHB Key Highlights
- Market Cap of $633.69M indicates a solid valuation within the regional banking sector.
- P/E ratio of 9.0 suggests the company is reasonably valued compared to its earnings.
- Profit Margin of 16.6% demonstrates efficient operations and profitability.
- Dividend Yield of 3.66% provides an attractive income stream for investors.
- Beta of 0.58 indicates lower volatility compared to the broader market, offering stability.
Who Are BHB's Competitors?
BHB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CMA Comerica Incorporated | $88.67 | -4.51% | $11.35B | 48 |
| KEY KeyCorp | $23.35 | +1.43% | $25.20B | 95 |
| FCNCA First Citizens BancShares, Inc. | $2117.43 | +1.65% | $24.53B | 73 |
| MCHB Mechanics Bank | $16.24 | +0.50% | $3.58B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BHB's Key Strengths?
- Strong regional presence in Maine, New Hampshire, and Vermont.
- Comprehensive suite of banking and wealth management services.
- Experienced management team.
- Solid financial performance with consistent profitability.
What Are BHB's Weaknesses?
- Limited geographic diversification.
- Smaller size compared to national banks.
- Dependence on interest rate environment.
- Exposure to regional economic conditions.
What Could Drive BHB Stock Higher?
- Expansion of wealth management services to attract high-net-worth clients.
- Strategic lending initiatives focused on commercial real estate and industrial loans.
- Digital transformation efforts to enhance customer experience and operational efficiency.
- Potential acquisitions of smaller regional banks to expand market presence.
What Are the Key Risks for BHB?
- Financial-distress signal — its Altman Z-Score of -0.68 sits in the distress zone (elevated bankruptcy risk).
- Interest rate fluctuations impacting net interest margin.
- Increased competition from larger national banks and fintech companies.
- Regulatory changes and compliance costs.
- Economic downturn in the New England region affecting loan performance.
- Cybersecurity threats and data breaches.
What Are the Growth Opportunities for BHB?
- Expansion of Wealth Management Services: Bar Harbor Bankshares can capitalize on the growing demand for wealth management services in its operating region. By expanding its offerings and attracting high-net-worth individuals and families, the company can increase its fee-based income and overall profitability. The market for wealth management services is projected to grow at 5-7% annually over the next five years, presenting a significant opportunity for BHB to increase its market share. Timeline: Ongoing.
- Strategic Lending Initiatives: Focusing on strategic lending initiatives, particularly in commercial real estate and industrial loans, can drive asset growth and revenue generation. By targeting specific sectors with strong growth potential, such as renewable energy and technology, the company can enhance its lending portfolio and improve its risk-adjusted returns. The commercial lending market is expected to expand by 4-6% annually. Timeline: Ongoing.
- Digital Transformation: Investing in digital technologies to enhance customer experience and operational efficiency is crucial for long-term growth. By implementing online and mobile banking platforms, the company can attract younger customers and reduce operating costs. The digital banking market is projected to grow at 8-10% annually. Timeline: Ongoing.
- Geographic Expansion: Expanding its branch network and service offerings into adjacent markets within the New England region can drive growth and increase market share. By carefully selecting new locations with strong demographics and economic growth potential, the company can attract new customers and diversify its revenue streams. Timeline: 2027-2030.
- Partnerships and Acquisitions: Exploring strategic partnerships and acquisitions with other financial institutions or fintech companies can accelerate growth and expand its service offerings. By partnering with fintech companies, the company can offer innovative products and services to its customers and enhance its competitive position. Timeline: 2028-2030.
What Opportunities Does BHB Have?
- Expansion of wealth management services.
- Strategic lending initiatives in high-growth sectors.
- Digital transformation to enhance customer experience.
- Geographic expansion into adjacent markets.
What Threats Does BHB Face?
- Competition from larger national banks and fintech companies.
- Interest rate fluctuations.
- Regulatory changes and compliance costs.
- Economic downturn in the New England region.
What Are BHB's Competitive Advantages?
- Strong regional presence in Maine, New Hampshire, and Vermont.
- Long-standing customer relationships and community reputation.
- Comprehensive suite of banking and wealth management services.
- Experienced management team with local market expertise.
What Does BHB Do?
Founded in 1887 and headquartered in Bar Harbor, Maine, Bar Harbor Bankshares has evolved from a local community bank into a regional financial services provider. The company operates as the holding company for Bar Harbor Bank & Trust, offering a diverse suite of banking and wealth management services. Its core business revolves around accepting deposits and providing loans to individuals, businesses, and municipalities. Deposit products include interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company's lending portfolio encompasses commercial real estate loans (multi-family, construction, land development), commercial and industrial loans, residential real estate loans (mortgages for 1-4 family housing), and consumer loans (home equity, auto, installment lending). Beyond traditional banking, Bar Harbor Bankshares offers life insurance, annuity, and retirement products, as well as financial planning services. It also provides third-party investment and insurance services. The company's wealth management division delivers trust and estate administration, wealth advisory, and investment management services to a diverse clientele, including individuals, businesses, not-for-profit organizations, and municipalities. These services extend to 401K plan administration, financial, estate and charitable planning, investment management, family office, municipal, and tax services. Bar Harbor Bankshares operates 53 locations across Maine, New Hampshire, and Vermont, focusing on personalized service and community engagement.
What Products and Services Does BHB Offer?
- Provides commercial banking services to businesses.
- Offers retail banking services to individuals.
- Provides wealth management and trust services.
- Offers commercial real estate loans.
- Provides residential mortgage loans.
- Provides consumer loans including auto and home equity.
- Offers financial planning services.
- Provides insurance and retirement products.
How Does BHB Make Money?
- Generates revenue from interest income on loans.
- Earns fees from wealth management and trust services.
- Collects service charges on deposit accounts.
- Generates revenue from the sale of insurance and retirement products.
What Industry Does BHB Operate In?
Bar Harbor Bankshares operates in the competitive regional banking industry, characterized by increasing consolidation and technological disruption. The industry is influenced by interest rate fluctuations, regulatory changes, and economic cycles. Competition comes from larger national banks, credit unions, and emerging fintech companies. Bar Harbor Bankshares differentiates itself through its community-focused approach and comprehensive suite of financial services tailored to the needs of individuals and businesses in Maine, New Hampshire, and Vermont. The regional banking sector is expected to see moderate growth, driven by increasing demand for loans and wealth management services.
Who Are BHB's Key Customers?
- Individuals seeking personal banking services.
- Small and medium-sized businesses requiring commercial banking solutions.
- High-net-worth individuals and families seeking wealth management services.
- Not-for-profit organizations.
- Municipalities.
Company Profile
Bar Harbor Bankshares operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Bar Harbor, US. The company is led by CEO Curtis C. Simard. BHB has traded publicly since 1997.
Bar Harbor Bankshares Financial Trajectory
Bar Harbor Bankshares (BHB) reported $55.3M in revenue for Q1 2026, a decline of 18.4% compared to the prior quarter. The company recorded net income of $13.5M, with diluted EPS of $0.81. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Financial Services. Across the four most recent quarters, BHB averaged $0.61 in diluted EPS.
How Bar Harbor Bankshares Is Valued
Bar Harbor Bankshares carries a market capitalization of $633.69M, placing it in the small-cap category. Relative to its peer group, BHB's quantitative score of 59/100 is below the peer average of 71/100.
ROE 8%Key Financial Metrics
Return on equity for Bar Harbor Bankshares stands at 7.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.9%, showing how much profit it generates from its asset base. BHB trades at a trailing price-to-earnings ratio of 9.03, below the Financial Services sector average of ~18x. Its free cash flow yield is 5.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.06 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 6.6%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Bar Harbor Bankshares's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.68 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Bar Harbor Bankshares revenue of about $196.5M for fiscal 2026, with EPS near $3.62.
BHB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Bar Harbor Bankshares' future, indicating that executives believe in the company's potential growth.
- Community sentiment has turned positive, with discussions highlighting the bank's strong local presence and customer loyalty as key strengths.
- Analysts have noted the bank's solid fundamentals, including a healthy loan portfolio and robust risk management practices, which bolster investor confidence.
- Increased interest in regional banks due to rising interest rates has led to a favorable perception of Bar Harbor as a viable investment option.
Bear Case
- Concerns about potential economic slowdown could impact the bank's loan growth, leading to cautious sentiment among investors.
- Community discussions reveal apprehension regarding the competitive landscape, with larger banks potentially overshadowing regional players like Bar Harbor.
- Recent regulatory changes in the banking sector have raised uncertainty, causing some investors to reassess their positions in smaller banks.
- Market perception remains cautious, with some investors wary of the bank's ability to adapt to changing economic conditions and consumer behaviors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $55M | $14M | $0.81 |
| Q4 2025 | $68M | $12M | $0.70 |
| Q3 2025 | $66M | $9M | $0.54 |
| Q2 2025 | $53M | $6M | $0.40 |
Based on FMP financials and quantitative analysis
BHB Latest News
No recent news available for BHB.
BHB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BHB.
Price Targets
Consensus target: $38.00
BHB MoonshotScore
What does this score mean?
The MoonshotScore rates BHB's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Curtis C. Simard
CEO
Curtis C. Simard serves as the CEO of Bar Harbor Bankshares, bringing extensive experience in the financial services industry. His career includes various leadership roles within the banking sector, focusing on strategic planning, risk management, and business development. Simard's expertise spans commercial lending, retail banking, and wealth management. He is actively involved in community development initiatives and serves on various boards, demonstrating his commitment to the region's economic growth. His leadership emphasizes sustainable growth and customer-centric service.
Track Record: Under Curtis C. Simard's leadership, Bar Harbor Bankshares has focused on expanding its wealth management services and enhancing its digital banking capabilities. He has overseen strategic lending initiatives aimed at supporting local businesses and promoting economic development in the region. Simard has also prioritized maintaining a strong capital position and managing risk effectively, contributing to the company's consistent profitability and stability.
Common Questions About BHB (Financial Services)
What does Bar Harbor Bankshares do?
Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust, a regional bank providing a comprehensive suite of financial services. These services include commercial and retail banking, wealth management, and trust services. The bank offers a variety of deposit products, loans, and investment solutions to individuals, businesses, and municipalities across Maine, New Hampshire, and Vermont. Bar Harbor Bankshares focuses on building long-term customer relationships and supporting the economic growth of the communities it serves.
What do analysts say about BHB stock?
Analyst coverage of Bar Harbor Bankshares (BHB) typically focuses on its regional market position, asset quality, and profitability. Key valuation metrics include the price-to-earnings ratio, price-to-book ratio, and dividend yield. Growth considerations often revolve around the company's ability to expand its wealth management services, manage interest rate risk, and maintain a strong capital position. Analyst consensus generally reflects a neutral to positive outlook, emphasizing the company's stability and consistent performance within the regional banking sector. No buy or sell recommendations are made.
What are the main risks for BHB?
Bar Harbor Bankshares faces several key risks inherent to the financial services industry. Interest rate fluctuations can impact the company's net interest margin, affecting profitability. Increased competition from larger national banks and fintech companies poses a threat to market share. Regulatory changes and compliance costs can increase operating expenses. Economic downturns in the New England region could negatively impact loan performance and asset quality. Cybersecurity threats and data breaches also present ongoing risks to the company's operations and reputation.
What are the key factors to evaluate for BHB?
Bar Harbor Bankshares (BHB) holds an AI score of 59/100 (moderate). P/E: 9.0x vs the S&P 500's ~20-25x. Analysts target $38.00 (+0%). Not financial advice.
How frequently does BHB data refresh on this page?
BHB prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BHB's recent stock price performance?
Bar Harbor Bankshares (BHB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong regional presence in Maine, New Hampshire, and Vermont. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BHB overvalued or undervalued right now?
Bar Harbor Bankshares (BHB) trades at 9.0x earnings. Analysts target $38.00 (+0%) — near fair value. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BHB?
Before investing in Bar Harbor Bankshares (BHB), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available sources and may be subject to change.
- Financial data is as of the latest available reporting period.