What is Bar Harbor Bankshares Efficiency Overhead Ratio %?
Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.
Bar Harbor Bankshares's Efficiency Overhead Ratio % for the quarter that ended in Dec. 2023 was 61.38%
, which is higher than
58.59% for the pervious quarter ended in Sep. 2023.
Bar Harbor Bankshares's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 58.67%
, which is lower than
59.26% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Bar Harbor Bankshares's Efficiency Overhead Ratio % or its related term are showing as below:
BHB's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median: * Ranked among companies with meaningful Efficiency Overhead Ratio % only.
Bar Harbor Bankshares Efficiency Overhead Ratio % Historical Data
The historical data trend for Bar Harbor Bankshares's Efficiency Overhead Ratio % 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 Efficiency Overhead Ratio % Chart
Competitive Comparison of Bar Harbor Bankshares's Efficiency Overhead Ratio %
For the Banks - Regional subindustry, Bar Harbor Bankshares's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % 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 (AMEX:BHB) Efficiency Overhead Ratio % Calculation
Efficiency Overhead Ratio % is calculated as
Efficiency Overhead Ratio %
=
Non-interest Expenses
/
Revenue
* 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.
Bar Harbor Bankshares (AMEX:BHB) Efficiency Overhead Ratio % Explanation
Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.
An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.
Bar Harbor Bankshares Efficiency Overhead Ratio % Related Terms
Thank you for viewing the detailed overview of Bar Harbor Bankshares's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bar Harbor Bankshares (Bar Harbor Bankshares) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BHB has been successfully added to your 