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

Bar Harbor Bankshares (NYSEAMERICAN:BHB) is expected to release its earnings data before the market opens on Tuesday, January 28th. Analysts expect Bar Harbor Bankshares to post earnings of $0.68 per share and revenue of $39,510.00 billion for the quarter.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last posted its earnings results on Tuesday, October 22nd. The financial services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.12. The business had revenue of $58.23 million during the quarter, compared to analyst estimates of $37.30 million. Bar Harbor Bankshares had a return on equity of 9.66% and a net margin of 18.99%. On average, analysts expect Bar Harbor Bankshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Bar Harbor Bankshares Stock Up 0.3 %

Shares of NYSEAMERICAN:BHB opened at $31.10 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.96 and a current ratio of 0.96. Bar Harbor Bankshares has a 1 year low of $23.26 and a 1 year high of $38.47. The firm has a market cap of $474.90 million, a PE ratio of 11.19 and a beta of 0.73.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods upped their price target on shares of Bar Harbor Bankshares from $30.00 to $34.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th.

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.