Bar Harbor Bankshares (BHB) Projected to Post Earnings on Thursday

Bar Harbor Bankshares (NYSEAMERICAN:BHB) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $34.75 million for the quarter.

Bar Harbor Bankshares Stock Up 0.6%

Shares of BHB stock opened at $32.06 on Thursday. Bar Harbor Bankshares has a 12 month low of $26.05 and a 12 month high of $38.47. The firm has a market cap of $491.16 million, a PE ratio of 11.25 and a beta of 0.65. The stock has a 50 day moving average of $29.86 and a 200-day moving average of $31.04. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.51.

Bar Harbor Bankshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.32 per share. The ex-dividend date was Thursday, May 15th. This is a positive change from Bar Harbor Bankshares’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.99%. Bar Harbor Bankshares’s payout ratio is 44.91%.

Wall Street Analysts Forecast Growth

BHB has been the topic of a number of research reports. Keefe, Bruyette & Woods lowered their price objective on Bar Harbor Bankshares from $35.00 to $33.00 and set a “market perform” rating on the stock in a research report on Monday, April 21st. Wall Street Zen initiated coverage on Bar Harbor Bankshares in a research report on Saturday, April 26th. They set a “hold” rating on the stock.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit.