BHB
Bar Harbor Bankshares
BHB's fundamentals are strong: revenue grew 25% and its operating margin rose 8 points to 36%. At 12x earnings, it's trading in line with its usual 11x. Analysts expect earnings to hold roughly steady.
BHB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BHB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BHB.
BHB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $31.73 | -23% |
| Fair | 11x | $38.75 | -6.4% |
| Forward | 11x | $41.39 | — |
| Current | 12x | $41.39 | — |
| Expensive | 14x | $45.87 | +11% |
Historical ranges are pointers, not guarantees.
BHB's PE is in its fair range at 12x. On analysts' estimates for next year's earnings, today's price would be 11x.
BHB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect BHB's earnings, revenue and profitability to hold roughly steady.
BHB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.80 | +12% |
| Q3 2026 | $3.39 | +47% |
| Q2 2026 | $2.97 | +16% |
| Q1 2026 | $2.46 | -13% |
| Q4 2025 | $2.31 | -19% |
| Q3 2025 | $2.31 | -17% |
| Q2 2025 | $2.57 | -5.2% |
| Q1 2025 | $2.84 | +3.3% |
| Q4 2024 | $2.84 | -3.7% |
BHB earned $3.39 per share over the past year, up 47% from the year before.
BHB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $51.6M | +8.5% |
| Q2 2026 | $49.7M | +44% |
| Q1 2026 | $47.3M | +25% |
| Q4 2025 | $48.9M | +27% |
| Q3 2025 | $47.5M | +23% |
| Q2 2025 | $34.5M | -7.6% |
| Q1 2025 | $37.9M | +3.5% |
| Q4 2024 | $38.5M | +2.2% |
BHB's revenue has grown year over year for five quarters in a row: $52M last quarter, up 8.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 39% | +16 points |
| Q2 2026 | 39% | +17 points |
| Q1 2026 | 36% | +2.8 points |
| Q4 2025 | 30% | -5.1 points |
| Q3 2025 | 23% | -12 points |
| Q2 2025 | 22% | -13 points |
| Q1 2025 | 33% | -1.1 points |
| Q4 2024 | 35% | +1.8 points |
BHB's operating margin was 39% last quarter, up 16 points from the same quarter a year ago, near the top of its range since 2019.
BHB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $17.3M | +12% |
| Q2 2026 | $21.8M | +564% |
| Q1 2026 | $3M | -61% |
| Q4 2025 | $17M | +37% |
| Q3 2025 | $15.4M | -31% |
| Q2 2025 | $3.3M | +44% |
| Q1 2025 | $7.8M | -0.9% |
| Q4 2024 | $12.4M | -6.6% |
BHB's free cash flow was $59M over the past year, up 52% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BHB.
BHB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +19.5K shares |
| 1 year | +3.3% | +544K shares |
| 3 years | +11% | +1.6M shares |
| 5 years | +12% | +1.8M shares |
| Available history | +7.9% | +1.2M shares |
BHB has 17M diluted shares, up 3.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | $718,000 |
| Q3 2020 | $6M |
| Q2 2020 | $7.3M |
| Q1 2020 | $130,000 |
| Q4 2019 | $107,000 |
BHB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 3.7x | Elevated |
| Q3 2025 | 1.1x | Healthy |
| Q2 2025 | 4.0x | High |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 3.8x | Elevated |
BHB's net debt is about 1.1 years of its operating earnings (EBITDA), about the same as a year ago. Net leverage isn't a meaningful measure for financial services companies like BHB.
BHB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.3 | Neutral |
| Stochastic | 68.3 | Neutral |
BHB's weekly RSI is 64 (neutral) and its Stochastic is 68 (neutral).
BHB PE vs Financial Services Sector
| Metric | BHB | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 6.2% below |
| PE % | 64 | 63 | 1 pt above |
BHB is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
BHB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.7 | 4.2% above |
| 20 week MA | $39.5 | 4.8% above |
| 50 week MA | $36.1 | 15% above |
| 100 week MA | $33.2 | 25% above |
| 200 week MA | $30.3 | 36% above |
BHB is in an uptrend: it's above all five of its weekly moving averages, and 36% above its 200-week average.
BHB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.4 | $22.1 | -13% |
| 2021 | $22.1 | $29.2 | +32% |
| 2022 | $29.2 | $31.1 | +6.2% |
| 2023 | $31.1 | $29.4 | -5.5% |
| 2024 | $29.4 | $30.3 | +3% |
| 2025 | $30.3 | $31.9 | +5.4% |
| 2026 YTD | $31.9 | $41.4 | +30% |
BHB has finished higher in four of the last six years. It's up 30% so far in 2026.