Bar Harbor Bankshares ( (BHB) ) has released its Q2 earnings. Here is a breakdown of the information Bar Harbor Bankshares presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Bar Harbor Bankshares, a community bank with a long-standing presence in Northern New England, provides full-service banking through its subsidiary Bar Harbor Bank & Trust. The company recently reported its second quarter 2025 earnings, highlighting a GAAP net income of $6.1 million and core earnings of $10.8 million, alongside a dividend declaration of $0.32 per share. Key financial metrics showed a stable asset base of $4.1 billion, with notable growth in commercial loans and an expanded net interest margin to 3.23%. The acquisition of Guaranty Bancorp, Inc. is set to enhance market presence and operational scale. Looking forward, Bar Harbor Bankshares aims to continue optimizing its balance sheet and executing strategic growth opportunities, supported by its recognition as one of America’s ‘Best-in-State Banks’ by Forbes.