📊 BHB Key Takeaways
Investment Thesis
Bar Harbor Bankshares demonstrates solid fundamental health with strong revenue growth of 55.8% YoY, healthy profitability margins (17.6% net margin), and robust free cash flow generation of $43.5M. The company maintains conservative leverage (0.25x debt/equity) and generates positive operating cash flow, though ROA/ROE metrics indicate modest asset utilization efficiency typical of regional banking.
BHB Strengths
- Strong topline revenue growth of 55.8% YoY indicating successful business expansion or acquisitions
- Healthy net profit margin of 17.6% with solid operating margin of 21.9%
- Robust free cash flow of $43.5M with 20.7% FCF margin demonstrates cash generation ability
- Conservative capital structure with 0.25x debt-to-equity ratio and manageable long-term debt of $134.8M
- Positive operating cash flow of $48.3M exceeds net income, indicating quality earnings
BHB Risks
- EPS dilution of 18.7% YoY despite flat net income suggests share count growth outpacing earnings
- Low ROA of 0.8% and ROE of 6.9% indicate suboptimal asset utilization and shareholder returns relative to equity base
- Interest coverage ratio of 2.5x is modest and leaves limited cushion for economic deterioration or rising rates
- Significant insider activity (15 Form 4 filings in 90 days) may warrant monitoring for potential insider selling
- Regional banking sector exposure to potential economic slowdown and rising deposit competition
Key Metrics to Watch
- Net Interest Margin (NIM) trend - critical for banking profitability
- Loan loss provisions and non-performing asset ratios
- Deposit growth and funding stability
- Capital adequacy ratios and regulatory compliance
- ROA and ROE improvement trajectory
- Free cash flow sustainability and dividend coverage
BHB Financial Metrics
💡 AI Analyst Insight
The 20.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
BHB Profitability Ratios
BHB vs Finance Sector
How BAR HARBOR BANKSHARES compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BHB Balance Sheet & Liquidity
BHB 5-Year Financial Trend
5-Year Trend Summary: BAR HARBOR BANKSHARES's revenue has grown significantly by 36% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.95 reflects profitable operations.
BHB Growth Metrics (YoY)
BHB Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2022 | $7.4M | $8.0M | $0.73 |
| Q2 2022 | $7.1M | $9.0M | $0.60 |
| Q1 2022 | $6.6M | $5.8M | $0.60 |
| Q3 2021 | $6.4M | $8.0M | $0.56 |
| Q2 2021 | $5.6M | $7.7M | $0.55 |
| Q1 2021 | $6.5M | $1.9M | $0.50 |
| Q3 2020 | $5.6M | $5.0M | $0.32 |
| Q2 2020 | $5.6M | $6.1M | $0.39 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BHB Capital Allocation
BHB SEC Filings
Access official SEC EDGAR filings for BAR HARBOR BANKSHARES (CIK: 0000743367)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BHB
What is the AI rating for BHB?
BAR HARBOR BANKSHARES (BHB) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BHB's key strengths?
Strong topline revenue growth of 55.8% YoY indicating successful business expansion or acquisitions. Healthy net profit margin of 17.6% with solid operating margin of 21.9%.
What are the risks of investing in BHB?
EPS dilution of 18.7% YoY despite flat net income suggests share count growth outpacing earnings. Low ROA of 0.8% and ROE of 6.9% indicate suboptimal asset utilization and shareholder returns relative to equity base.
What is BHB's revenue and growth?
BAR HARBOR BANKSHARES reported revenue of $209.5M.
Does BHB pay dividends?
BAR HARBOR BANKSHARES pays dividends, with $20.4M distributed to shareholders in the trailing twelve months.
Where can I find BHB SEC filings?
Official SEC filings for BAR HARBOR BANKSHARES (CIK: 0000743367) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BHB's EPS?
BAR HARBOR BANKSHARES has a diluted EPS of $2.31.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.