Bar Harbor Financials

BHB Stock  USD 35.99  0.06  0.17%   
Based on the analysis of Bar Harbor's profitability, liquidity, and operating efficiency, Bar Harbor Bankshares is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At present, Bar Harbor's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 341.9 M, whereas Other Assets are projected to grow to (450.9 M). Key indicators impacting Bar Harbor's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.480.2982
Way Up
Slightly volatile
Return On Assets0.01160.0113
Fairly Up
Pretty Stable
Return On Equity0.120.1038
Fairly Up
Slightly volatile
Debt Equity Ratio0.730.7673
Notably Down
Slightly volatile
Operating Income38.4 M74.7 M
Way Down
Slightly volatile
Current Ratio1.71.77
Sufficiently Down
Slightly volatile
Investors should never underestimate Bar Harbor's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bar Harbor's cash flow, debt, and profitability to make informed and accurate decisions about investing in Bar Harbor Bankshares.

Net Income

47.09 Million

  
Understanding current and past Bar Harbor Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bar Harbor's financial statements are interrelated, with each one affecting the others. For example, an increase in Bar Harbor's assets may result in an increase in income on the income statement.
Please note, the presentation of Bar Harbor's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bar Harbor's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bar Harbor's management manipulating its earnings.

Bar Harbor Stock Summary

Bar Harbor competes with Camden National, Bank of Marin, Arrow Financial, Auburn National, and First Bancorp. Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank Trust that provides commercial, lending, retail, and wealth management banking services. The company was founded in 1887 and is based in Bar Harbor, Maine. Bar Harbor operates under BanksRegional classification in the United States and is traded on AMEX Exchange. It employs 489 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS0668491006
CUSIP066849100
LocationMaine; U.S.A
Business Address82 Main Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.barharbor.bank
Phone207 669 6784
CurrencyUSD - US Dollar

Bar Harbor Key Financial Ratios

Bar Harbor Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.7B3.7B3.9B4.0B4.2B
Net Debt474.4M110.0M(71.9M)633.3M236.7M294.1M
Retained Earnings175.8M195.6M215.6M243.8M272.1M285.7M
Cash56.9M226.0M250.4M92.3M94.8M99.6M
Other Assets2.1B2.2B2.0B2.5B(474.7M)(450.9M)
Total Liab531.3M3.3B3.3B3.5B3.5B3.7B
Total Current Assets720.1M811.1M868.7M651.8M576.8M607.6M
Short Term Debt349.3M93.5M94.8M331.4M270.8M229.9M
Other Liab35.2M72.2M58.0M44.9M51.7M54.3M
Accounts Payable2.7B2.9B3.0B3.0B3.5B3.7B
Long Term Debt531.3M336.0M178.5M394.2M60.7M57.7M
Treasury Stock(4.7M)(18.2M)(17.5M)(16.8M)(15.1M)(14.4M)
Other Current Assets62.4M229.9M253.3M98.0M102.1M97.0M
Intangible Assets8.6M7.7M6.7M5.8M4.9M4.0M
Other Current Liab1.9B(93.5M)(94.8M)(331.4M)(270.8M)(257.2M)
Net Tangible Assets269.1M284.2M297.9M268.2M308.4M230.2M
Long Term Debt Total59.9M60.0M178.5M394.2M453.4M476.1M
Capital Surpluse188.5M190.1M190.9M191.9M220.7M125.5M

Bar Harbor Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense45.6M26.9M15.2M12.8M56.5M59.3M
Total Revenue118.9M142.1M137.8M149.0M150.4M157.9M
Gross Profit118.9M142.1M137.8M149.0M150.4M157.9M
Operating Income26.8M41.7M48.6M71.9M74.7M38.4M
Ebit26.8M41.7M49.7M56.0M57.1M37.3M
Ebitda27.7M47.4M55.2M61.2M63.4M39.4M
Income Before Tax26.8M41.7M48.6M54.8M57.1M60.0M
Net Income22.6M33.2M39.3M43.6M44.9M47.1M
Income Tax Expense4.2M8.4M9.3M11.3M12.3M12.9M
Tax Provision4.2M8.4M9.3M11.3M13.0M10.1M
Net Interest Income89.8M99.2M95.6M113.7M121.8M96.9M
Interest Income135.4M126.1M110.8M126.5M166.5M124.8M

Bar Harbor Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(41.8M)169.1M24.4M(158.1M)2.5M3.3M
Free Cash Flow27.2M31.4M58.8M55.1M40.9M42.9M
Depreciation5.0M5.8M5.5M5.2M6.3M6.6M
Other Non Cash Items(809K)282K13.4M9.4M452K429.4K
Dividends Paid13.4M13.4M14.1M15.3M16.6M17.4M
Capital Expenditures9.2M6.8M1.7M2.5M6.5M6.9M
Net Income22.6M33.2M39.3M43.6M44.9M47.1M
End Period Cash Flow56.9M226.0M250.4M92.3M94.8M99.6M
Investments(57.4M)146.8M(39.4M)(36.7M)(115.1M)(120.9M)
Net Borrowings(192.1M)53.0M(167M)(26.5M)(23.8M)(22.6M)
Change To Netincome9.8M(682K)15.2M6.7M7.7M4.1M

Bar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bar Harbor's current stock value. Our valuation model uses many indicators to compare Bar Harbor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bar Harbor competition to find correlations between indicators driving Bar Harbor's intrinsic value. More Info.
Bar Harbor Bankshares is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bar Harbor Bankshares is roughly  9.27 . At present, Bar Harbor's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bar Harbor's earnings, one of the primary drivers of an investment's value.

Bar Harbor Bankshares Systematic Risk

Bar Harbor's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bar Harbor volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Bar Harbor Bankshares correlated with the market. If Beta is less than 0 Bar Harbor generally moves in the opposite direction as compared to the market. If Bar Harbor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bar Harbor Bankshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bar Harbor is generally in the same direction as the market. If Beta > 1 Bar Harbor moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Bar Harbor Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bar Harbor's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bar Harbor growth as a starting point in their analysis.

Price Earnings To Growth Ratio

5.03

At present, Bar Harbor's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Bar Harbor December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bar Harbor help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bar Harbor Bankshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bar Harbor Bankshares based on widely used predictive technical indicators. In general, we focus on analyzing Bar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bar Harbor's daily price indicators and compare them against related drivers.

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When running Bar Harbor's price analysis, check to measure Bar Harbor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bar Harbor is operating at the current time. Most of Bar Harbor's value examination focuses on studying past and present price action to predict the probability of Bar Harbor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bar Harbor's price. Additionally, you may evaluate how the addition of Bar Harbor to your portfolios can decrease your overall portfolio volatility.
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