Bar Harbor Bankshares Inc (BHB) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 11, 2020
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Bar Harbor Bankshares Inc (BHB, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Bar Harbor Bankshares Inc is a bank holding company. The company and its subsidiaries offer full range of financial services products, brokerage services through third party brokerage arrangement and also trust and investment management services. Bar Harbor Bankshares Inc has a market cap of $302.020 million; its shares were traded at around $19.42 with a P/E ratio of 13.40 and P/S ratio of 2.59. The dividend yield of Bar Harbor Bankshares Inc stocks is 4.52%. GuruFocus has detected 2 severe warning signs with Bar Harbor Bankshares Inc. .

For the last quarter Bar Harbor Bankshares Inc reported a revenue of $31.9 million, compared with the revenue of $29.71 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $118.9 million, an increase of 0.1% from last year. For the complete 30-year financial data, please go here.. For the last five years Bar Harbor Bankshares Inc had an average revenue growth rate of 23.2% a year.

The reported diluted earnings per share was $1.45 for the year, a decline of 31.6% from the previous year. Over the last five years Bar Harbor Bankshares Inc had an EPS growth rate of 0.5% a year. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Bar Harbor Bankshares Inc has the cash and cash equivalents of $56.9 million, compared with $98.8 million in the previous year. The long term debt was $531.3 million, compared with $723.8 million in the previous year. Bar Harbor Bankshares Inc has a financial strength rank of 2 (out of 10).

At the current stock price of $19.42, Bar Harbor Bankshares Inc is traded at 23% discount to its historical median P/S valuation band of $25.22. The P/S ratio of the stock is 2.59, while the historical median P/S ratio is 3.28. The stock lost 16.08% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Kenneth Eugene Smith bought 250 shares of BHB stock on 03/09/2020 at the average price of $19.84. The price of the stock has decreased by 2.12% since.
  • Director Scott G Toothaker bought 5,000 shares of BHB stock on 03/06/2020 at the average price of $20.36. The price of the stock has decreased by 4.62% since.
  • Director Brendan Ohalloran bought 300 shares of BHB stock on 03/05/2020 at the average price of $19.9. The price of the stock has decreased by 2.41% since.

For the complete 20-year historical financial data of BHB, click here.