Shares of Bar Harbor Bankshares (BHB) have been struggling lately and have lost 8.7% over the past two weeks. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullis ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-13349 BAR HARBOR BANKSHARES (Exact name of registrant as specified in its charter) Maine 01-0393663 (State or other ju ...

Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this bank would post earnings of $0.67 per share when it actually produced earnings of $0.66, delivering a surprise of -1.49%.Over the last four quarters, the compan ...

Exhibit 99.1 Bar Harbor Bankshares Reports Third Quarter 2024 Results; Declares Dividend BAR HARBOR, MAINE – 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 deposit growth of 18% annualize ...

Earnings of Bar Harbor Bankshares (NYSE: NYSE: BHB ) will likely decline this year on the back of margin compression. However, close-to-normal loan growth will likely lift earnings soon. Overall, I'm expecting the company to report earnings of $2.67 per share for 2024, down 10% year-over-year. Compared Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article my ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-13349 BAR HARBOR BANKSHARES (Exact name of registrant as specified in its charter) Maine 01-0393663 (State or other jurisdi ...

Bar Harbor Bankshares (NYSE:BHB) is a regional bank in the New England area and a stock that has been relatively stable. Now, along with many in the sector, it is at a 52-week-high. At these levels, we are neutral on the bank, but we do like that the bank continues to raise its dividend (apart from in the pandemic-impacted year), making it attractive for dividend growth investors. Seeking Alpha BHB Dividend History In its just-announced quarter, Bar Harbor saw revenues that were down slightly from last year ...

Bar Harbor Bankshares (BHB) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Bar Harbor shares have added about 8% since the beginning of the year versus the S&P 500's gain of 17.2%. There are no easy answers to this key question, but one reliable me ...

FINANCIAL CONDITION (June 30, 2024 compared to March 31, 2024) Total assets grew $75.2 million at the end of the second quarter 2024 compared to the first quarter 2024 primarily due to loan growth and higher cash balances, partially offset by lower securities available for sale at the end of the second quarter. Non-interest expense was $24.0 million in the second quarter 2024 compared to $23.4 million in the second quarter 2023 driven by salary and benefits, and other expenses, partially offset by the gain ...

Exhibit 99.1 2024 Annual Meeting olders BAR HARBOR BAR HARBOR WEALTH MANAGEMENT BANK & TRUST BAR HARBOR BANKSHARES BAR HARBOR FINANCIAL SERVICES acultur (fund Broad Millers, Inc., Formal This presentation, including any oral statements made regarding the contents of this presentation, contains certain statements that are not historical facts that may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange A ...