Bar Harbor Financial Statements From 2010 to 2022

BHB
 Stock
  

USD 26.47  0.61  2.36%   

Bar Harbor financial statements provide useful quarterly and yearly information to potential Bar Harbor Bankshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Bar Harbor financial statements helps investors assess Bar Harbor's valuation, profitability, and current liquidity needs.
We have found eighty-five available fundamental signals for Bar Harbor Bankshares, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Bar Harbor Bankshares prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Bar Harbor Enterprise Value is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value was at 342.72 Million. The current year Free Cash Flow is expected to grow to about 63.7 M, whereas Net Income Per Employee is forecasted to decline to about 70.7 K.
  
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Check Bar Harbor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bar Harbor main balance sheet or income statement drivers, such as Consolidated Income of 33.1 M, Earning Before Interest and Taxes EBIT of 42.1 M or Gross Profit of 121.1 M, as well as many exotic indicators such as Calculated Tax Rate of 25.12, PPandE Turnover of 3.55 or Cash and Equivalents Turnover of 0.66. Bar Harbor financial statements analysis is a perfect complement when working with Bar Harbor Valuation or Volatility modules. It can also supplement various Bar Harbor Technical models. Continue to the analysis of Bar Harbor Correlation against competitors.

Bar Harbor Revenues

121.08 Million

Share

Bar Harbor Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.4 B3.7 B2.4 B
Increasing
Slightly volatile
Cash and Equivalents270.2 M250.4 M81.7 M
Increasing
Slightly volatile
Investments2.9 B3.1 B2.2 B
Increasing
Slightly volatile
Deposit Liabilities2.6 BB1.7 B
Increasing
Slightly volatile
Property Plant and Equipment Net45.4 M49.4 M33.2 M
Increasing
Slightly volatile
Tax Assets5.4 M5.5 M5.9 M
Decreasing
Stable
Goodwill and Intangible Assets136.2 M126.2 M58.8 M
Increasing
Slightly volatile
Total LiabilitiesB3.3 B2.2 B
Increasing
Slightly volatile
Shareholders Equity369.4 M424.1 M251.2 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit195 M215.6 M140.7 M
Increasing
Slightly volatile
Accumulated Other Comprehensive Income2.5 M2.3 M1.5 M
Decreasing
Stable
Total Debt183.2 M178.5 M435.6 M
Decreasing
Very volatile
Shareholders Equity USD369.4 M424.1 M251.2 M
Increasing
Slightly volatile
Cash and Equivalents USD270.2 M250.4 M81.7 M
Increasing
Slightly volatile
Total Debt USD183.2 M178.5 M435.6 M
Decreasing
Very volatile
Long Term Debt64.9 M60.1 M28.1 M
Increasing
Slightly volatile

Bar Harbor Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues121.1 M139.1 M82.2 M
Increasing
Slightly volatile
Selling General and Administrative Expense57.1 M65.9 M38.4 M
Increasing
Slightly volatile
Operating Expenses77.2 M87.7 M53.1 M
Increasing
Slightly volatile
Income Tax ExpenseM9.3 M7.1 M
Increasing
Slightly volatile
Consolidated Income33.1 M39.3 M21.5 M
Increasing
Slightly volatile
Net Income33.1 M39.3 M21.5 M
Increasing
Slightly volatile
Net Income Common Stock33.1 M39.3 M21.5 M
Increasing
Slightly volatile
Weighted Average Shares14.7 M15 M11.8 M
Increasing
Slightly volatile
Weighted Average Shares Diluted14.8 M15 M11.8 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT42.1 M48.6 M28.6 M
Increasing
Slightly volatile
Revenues USD121.1 M139.1 M82.2 M
Increasing
Slightly volatile
Net Income Common Stock USD33.1 M39.3 M21.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD42.1 M48.6 M28.6 M
Increasing
Slightly volatile
Gross Profit121.1 M139.1 M82.2 M
Increasing
Slightly volatile
Operating Income43.9 M51.5 M29.1 M
Increasing
Slightly volatile

Bar Harbor Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(314.1 K)(306 K)12.6 M
Decreasing
Stable
Net Cash Flow Investment Acquisitions and Disposals(6.8 M)(6.3 M)(58.5 M)
Increasing
Slightly volatile
Net Cash Flow from Financing(30.8 M)(30 M)53.1 M
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (161.8 M)(157.7 M)(38.4 M)
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(663.6 K)(615 K)(646.2 K)
Decreasing
Slightly volatile
Net Cash Flow from Investing(6.5 M)(6.1 M)(62.4 M)
Increasing
Slightly volatile
Net Cash Flow from Operations65.3 M60.5 M29.4 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents25.3 M24.4 M19.9 M
Increasing
Slightly volatile
Share Based Compensation1.7 M2.1 M969.4 K
Increasing
Slightly volatile
Depreciation Amortization and Accretion4.7 M5.5 M3.1 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share2.42.631.7655
Increasing
Slightly volatile
Earnings per Diluted Share2.382.611.7538
Increasing
Slightly volatile
Earnings per Basic Share USD2.42.631.7655
Increasing
Slightly volatile
Dividends per Basic Common Share0.890.940.6878
Increasing
Slightly volatile
Return on Average Equity0.08780.0940.0913
Decreasing
Slightly volatile
Return on Average Assets0.00970.0110.0093
Decreasing
Stable
Return on Invested Capital0.01120.0130.0104
Decreasing
Stable
Gross Margin0.890.90.9842
Decreasing
Slightly volatile
Profit Margin0.260.2820.2686
Decreasing
Slightly volatile
EBITDA Margin0.370.3890.3999
Decreasing
Slightly volatile
Return on Sales0.340.3490.3643
Decreasing
Slightly volatile
Asset Turnover0.03960.0380.0343
Increasing
Slightly volatile
Payout Ratio0.410.3570.3945
Increasing
Slightly volatile
Enterprise Value over EBITDA6.496.32722.135
Decreasing
Slightly volatile
Enterprise Value over EBIT7.187.024.3988
Decreasing
Slightly volatile
Price to Earnings Ratio13.3511.012.8836
Increasing
Stable
Sales per Share8.739.2956.628
Increasing
Slightly volatile
Price to Sales Ratio3.093.1123.3816
Decreasing
Very volatile
Price to Book Value1.031.0221.1349
Decreasing
Stable
Debt to Equity Ratio7.867.7458.8816
Decreasing
Slightly volatile
Dividend Yield0.02990.0320.0315
Decreasing
Stable
Free Cash Flow per Share3.23.9451.9975
Increasing
Slightly volatile
Book Value per Share26.5328.33520.0626
Increasing
Slightly volatile
Tangible Assets Book Value per Share238239192
Increasing
Slightly volatile
Total Assets Per Share211247193
Increasing
Slightly volatile
Cash Flow Per Share4.354.03152.4935
Increasing
Slightly volatile
Calculated Tax Rate25.1219.184425.8868
Decreasing
Slightly volatile
PPandE Turnover3.553.0063.4142
Decreasing
Slightly volatile
Cash and Equivalents Turnover0.660.64263.8548
Decreasing
Slightly volatile
Revenue to Assets0.04710.04130.0441
Decreasing
Slightly volatile

Bar Harbor Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax42.1 M48.6 M28.6 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA46.8 M54.2 M31.7 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD46.8 M54.2 M31.7 M
Increasing
Slightly volatile
Market Capitalization387.1 M433.6 M271 M
Increasing
Slightly volatile
Enterprise Value351.7 M342.7 M630.9 M
Increasing
Stable
Invested Capital3.5 B3.5 B2.7 B
Increasing
Slightly volatile
Average Equity362.8 M415.9 M246.9 M
Increasing
Slightly volatile
Average Assets3.4 B3.7 B2.4 B
Increasing
Slightly volatile
Invested Capital Average3.5 B3.6 B2.8 B
Increasing
Slightly volatile
Tangible Asset Value3.3 B3.6 B2.4 B
Increasing
Slightly volatile
Free Cash Flow63.7 M59 M25.7 M
Increasing
Slightly volatile
Revenue Per Employee302.9 K313 K326.2 K
Decreasing
Very volatile
Net Income Per Employee70.7 K80.4 K67.7 K
Increasing
Very volatile

Bar Harbor Fundamental Market Drivers

Short Percent Of Float0.84%
Forward Price Earnings8.25
Shares Short Prior Month118.93k
Average Daily Volume Last 10 Day34.02k
Average Daily Volume In Three Month22.43k
Date Short Interest29th of April 2022
Fifty Day Average26.05
Two Hundred Day Average28.50

Bar Harbor Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Bar Harbor Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bar Harbor income statement, its balance sheet, and the statement of cash flows. Bar Harbor investors use historical funamental indicators, such as Bar Harbor's revenue or net income, to determine how well the company is positioned to perform in the future. Although Bar Harbor investors may use each financial statement separately, they are all related. The changes in Bar Harbor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bar Harbor's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bar Harbor Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bar Harbor. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Revenues139.1 M121.1 M
Revenue to Assets 0.041266  0.0471 
Revenue Per Employee313 K302.9 K
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 NYSEMKT Exchange. It employs 489 people.

Bar Harbor Investors Sentiment

The influence of Bar Harbor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bar Harbor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bar Harbor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bar Harbor's short interest history, or implied volatility extrapolated from Bar Harbor options trading.

Current Sentiment - BHB

Bar Harbor Bankshares Investor Sentiment

Greater number of Macroaxis users are currently bullish on Bar Harbor Bankshares. What is your opinion about investing in Bar Harbor Bankshares? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Bar Harbor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bar Harbor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bar Harbor will appreciate offsetting losses from the drop in the long position's value.

Bar Harbor Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Bar Harbor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bar Harbor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bar Harbor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bar Harbor Bankshares to buy it.
The correlation of Bar Harbor is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bar Harbor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bar Harbor Bankshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bar Harbor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Bar Harbor Correlation against competitors. Note that the Bar Harbor Bankshares information on this page should be used as a complementary analysis to other Bar Harbor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Bar Harbor Bankshares 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 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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Is Bar Harbor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bar Harbor. If investors know Bar Harbor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bar Harbor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.048
Market Capitalization
397.4 M
Quarterly Revenue Growth YOY
-0.025
Return On Assets
0.0105
Return On Equity
0.0958
The market value of Bar Harbor Bankshares is measured differently than its book value, which is the value of Bar Harbor that is recorded on the company's balance sheet. Investors also form their own opinion of Bar Harbor's value that differs from its market value or its book value, called intrinsic value, which is Bar Harbor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bar Harbor's market value can be influenced by many factors that don't directly affect Bar Harbor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bar Harbor's value and its price as these two are different measures arrived at by different means. Investors typically determine Bar Harbor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bar Harbor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.