Peter Dodge - Bar Harbor Independent Chairman of the Board

BHB
 Stock
  

USD 29.66  0.43  1.43%   

  Chairman
Mr. Peter Dodge is Independent Chairman of the Board of Bar Harbor Bankshares. He is President, Insurance Agent, and majority owner of Peter Dodge Agency dba Merle B. Grindle Agency, John R. Crooker Agency, and The Endicott Agency, providing insurance services from locations in Blue Hill, Bucksport, and Castine. He was a member of the Board since 1987 and is the longest serving director which enables him to bring a historical, longterm perspective and leadership to the Board. He has served as Chairperson of the Companys Loan, Audit, and Compensation Committees at various times during his tenure, before accepting the position of Chairperson of the Company in May 2009. He is past President of the Independent Insurance Agents of Maine. He has also served as Past President of George Stevens Academy and is a former board member of Blue Hill Memorial Hospital, both located in Blue Hill.
Age: 70  Chairman Since 2009      
207 288-3314  www.barharbor.bank

Bar Harbor Management Efficiency

Bar Harbor Bankshares has Return on Asset of 1.1 % which means that on every $100 spent on asset, it made $1.1 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 9.99 %, implying that it generated $9.99 on every 100 dollars invested. Bar Harbor management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. As of August 18, 2022, Return on Average Assets is expected to decline to 0.009656. In addition to that, Return on Average Equity is expected to decline to 0.09. Bar Harbor Goodwill and Intangible Assets are projected to increase significantly based on the last few years of reporting. The past year's Goodwill and Intangible Assets were at 126.21 Million. The current year Revenue to Assets is expected to grow to 0.0471, whereas Total Assets are forecasted to decline to about 3.4 B.
The company has 204.76 M in debt with debt to equity (D/E) ratio of 9.25, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Bar Harbor until it has trouble settling it off, either with new capital or with free cash flow. So, Bar Harbor's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bar Harbor Bankshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bar Harbor to invest in growth at high rates of return. When we think about Bar Harbor's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Since

Charles SchwabThe Charles Schwab
2008
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 Bankshares (BHB) is traded on NYSEMKT Exchange in USA. It is located in P.O. Box 400, 82 Main Street, Bar Harbor, ME 04609-0400, United States and employs 489 people. Bar Harbor is listed under Banking category by Fama And French industry classification.

Bar Harbor Bankshares Leadership Team

Elected by the shareholders, the Bar Harbor's board of directors comprises two types of representatives: Bar Harbor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bar Harbor. The board's role is to monitor Bar Harbor's management team and ensure that shareholders' interests are well served. Bar Harbor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bar Harbor's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Colwell, Independent Vice Chairman of the Board
Jennifer Svenson, Chief Human Resource Officer, Senior Vice President
David Woodside, Independent Chairman of the Board
Gregory Dalton, Executive VP of Bus. Banking - Bar Harbor Bank and Trust
Marion Colombo, Executive Vice President - Director of Retail Delivery
Scott Toothaker, Independent Director
Steven Dimick, Independent Director
Gerald Shencavitz, CFO, Executive VP and Treasurer
JOHN Mercier, Executive Vice President and Chief Lending Officer
Lauri Fernald, Independent Director
Peter Dodge, Independent Chairman of the Board
Kenneth Smith, Independent Director
Martha Dudman, Independent Director
Brendan OHalloran, Independent Director
Bradford Kopp, Interim CFO
Jason Edgar, President - BHTS and CTC
Curtis Simard, CEO and President Director and Member of Executive Committee
Clyde Lewis, Independent Director
Stephen Ensign, Director
David Colter, Independent Director
Constance Shea, Independent Director
Matthew Caras, Independent Director
Richard Maltz, Chief Risk Officer of Bar Harbor Bank and Trust and Executive VP of Bar Harbor Bank and Trust
Josephine Iannelli, Chief Financial Officer, Executive Vice President, Treasurer
Leonard Cashman, Independent Director
Stephen Theroux, Independent Director
William McIver, Executive Vice President Regional President of NH/VT of BHBT
Stephen Leackfeldt, Executive VP of Retail Banking and Operations - Bar Harbor Bank and Trust
Daina Belair, Independent Director

Bar Harbor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bar Harbor a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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.

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.

Moving together with Bar Harbor

0.62ACTEnact Holdings Downward RallyPairCorr

Moving against Bar Harbor

0.69VZVerizon Communications TrendingPairCorr
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 Trending Equities. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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
0.17
Market Capitalization
454.9 M
Quarterly Revenue Growth YOY
0.058
Return On Assets
0.011
Return On Equity
0.0999
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.