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Bar Harbor Bankshares (Bar Harbor Bankshares) Tangible Book per Share : $20.28 (As of Dec. 2023)


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What is Bar Harbor Bankshares Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Bar Harbor Bankshares's tangible book value per share for the quarter that ended in Dec. 2023 was $20.28.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Bar Harbor Bankshares Tangible Book per Share Historical Data

The historical data trend for Bar Harbor Bankshares's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bar Harbor Bankshares Tangible Book per Share Chart

Bar Harbor Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.30 18.77 19.86 17.78 20.28

Bar Harbor Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.74 18.90 18.45 20.28 20.48

Competitive Comparison of Bar Harbor Bankshares's Tangible Book per Share

For the Banks - Regional subindustry, Bar Harbor Bankshares's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bar Harbor Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bar Harbor Bankshares's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bar Harbor Bankshares's Price-to-Tangible-Book falls into.



Bar Harbor Bankshares Tangible Book per Share Calculation

Bar Harbor Bankshares's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(432.059-0-124.346)/15.1721
=20.28

Bar Harbor Bankshares's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(432.059-0-124.346)/15.1721
=20.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Bar Harbor Bankshares  (AMEX:BHB) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Bar Harbor Bankshares Tangible Book per Share Related Terms

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Bar Harbor Bankshares (Bar Harbor Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400
Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.
Executives
Brian D Shaw director 11 CLEFTSTONE ROAD, BAR HARBOR ME 04609
Debra Becton Miller director PO BOX 231, LONDONDERRY NH 03053
Brendan Ohalloran director 82 MAIN STREET, P.O. BOX 400, BAR HARBOR ME 04609
Daina H Hill director PO BOX 400, 82 MAIN STREET, BAR HARBOR ME 04609
Jason Paul Edgar officer: President of BHTS & CTC 27 MEDITATION LANE, ATKINSON NH 03811
Curtis C Simard director, officer: CEO - BHBT P O BOX 400, 82 MAIN STREET, BAR HARBOR ME 04609
David B Woodside director
Matthew L Caras director 82 MAIN STREET, PO BOX 400, BAR HARBOR ME 04609
Kenneth Eugene Smith director C/O BAR HARBOR BANKING & TRUST COMPANY, PO BOX 400, BAR HARBOR ME 04609
Scott G Toothaker director 302 SURRY RD, ELLSWORTH ME 04605
Stephen R Theroux director C/O NEW HAMPSHIRE THRIFT BANCHARES INC, 9 MAIN STREET, P.O. BOX 9, NEWPORT NH 03773
Stephen W Ensign director C/O NEW HAMPSHIRE THRIFT BANCHARES INC, 9 MAIN STREET, P.O. BOX 9, NEWPORT NH 03773
David M Colter director PO BOX 400, 82 MAIN STREET, BAR HARBOR ME 04608
Steven H. Dimick director C/O NEW HAMPSHIRE THRIFT BANCSHARES, INC, PO BOX 9, NEWPORT NH 03773
Lauri E Fernald director 1140 MAIN STREET, MOUNT DESERT ME 04660