Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, lending, retail, and wealth management banking services. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company also provides commercial real estate loans, such as multi-family, commercial construction and land development, and other commercial real estate classes; commercial and industrial loans, including loans to commercial and agricultural businesses, and tax exempt entities; residential real estate loans consists of mortgages for 1-4 family housing; and consumer loans comprises home equity loans, lines of credit, auto, and other installment lending. In addition, it provides life insurance, annuity, and retirement products, as well as financial planning services; and third-party investment and insurance services. Further, the company offers trust and estate administration, wealth advisory, and investment management services to individuals, businesses, not-for-profit organizations, and municipalities; and 401K plan, financial, estate and charitable planning, investment management, family office, municipal, and tax services. It operates 53 locations across Maine, New Hampshire, and Vermont. The company was founded in 1887 and is based in Bar Harbor, Maine.
Company profile
Ticker
BHB
Exchange
Website
CEO
Mr. Curtis C. Simard
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
AURORA CORP, EnerJex Resources, Inc., MILLENIUM PLASTICS CORP, MILLENNIUM PLASTICS CORP
SEC CIK
Corporate docs
Subsidiaries
Cottage Street Corp. • Charter Holding Corp. • Charter New England Agency, Inc. ...
IRS number
10393663
BHB stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
7 Nov 24
8-K
Bar Harbor Bankshares Reports Third Quarter 2024 Results; Declares Dividend
22 Oct 24
N-PX
Annual report of proxy voting record
20 Aug 24
10-Q
2024 Q2
Quarterly report
7 Aug 24
8-K
Regulation FD Disclosure
29 Jul 24
8-K
Bar Harbor Bankshares Reports Second Quarter 2024 Results; Declares Dividend
18 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
8-K
Results of Operations and Financial Condition
16 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
DEFA14A
Additional proxy soliciting materials
22 Apr 24
Latest ownership filings
13F-NT
Notice of holdings reported by another manager
16 Oct 24
4
David M Colter
17 Sep 24
4
Kenneth Eugene Smith
17 Sep 24
4
Curtis C Simard
17 Sep 24
4
Matthew L Caras
17 Sep 24
4
Lauri E Fernald
25 Jul 24
13F-NT
Notice of holdings reported by another manager
17 Jul 24
4
Kenneth Eugene Smith
17 Jul 24
4
Jason Paul Edgar
9 Jul 24
4
Marion Colombo
9 Jul 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 81.22 mm | 81.22 mm | 81.22 mm | 81.22 mm | 81.22 mm | 81.22 mm |
Cash burn (monthly) | 6.87 mm | 3.47 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 9.34 mm | 4.71 mm | n/a | n/a | n/a | n/a |
Cash remaining | 71.88 mm | 76.51 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.5 | 22.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
54.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 108 |
Opened positions | 15 |
Closed positions | 13 |
Increased positions | 40 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 216.82 bn |
Total shares | 8.31 mm |
Total puts | 25.30 k |
Total calls | 24.30 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
FMR | 1.37 mm | $36.81 bn |
BLK BlackRock | 1.34 mm | $35.95 bn |
Dimensional Fund Advisors | 865.52 k | $23.26 bn |
Vanguard | 772.81 k | $20.77 bn |
Charter Trust | 420.01 k | $11.29 bn |
Manufacturers Life Insurance Company, The | 360.12 k | $9.68 bn |
STT State Street | 343.71 k | $9.24 bn |
Geode Capital Management | 331.83 k | $8.92 bn |
American Century Companies | 213.14 k | $5.73 bn |
North Star Investment Management | 145.58 k | $3.91 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Sep 24 | Caras Matthew L | Common Stock | Grant | Acquire A | No | No | 31.05 | 97.693 | 3.03 k | 18,389.547 |
13 Sep 24 | Simard Curtis C | Common Stock | Grant | Acquire A | No | No | 31.05 | 799.067 | 24.81 k | 108,519.142 |
13 Sep 24 | David M Colter | Common Stock | Grant | Acquire A | No | No | 30.13 | 14.873 | 448.13 | 9,660.017 |
13 Sep 24 | Smith Kenneth Eugene | Common Stock | Grant | Acquire A | No | No | 31.05 | 18.064 | 560.89 | 24,783.243 |
13 Sep 24 | Smith Kenneth Eugene | Common Stock | Grant | Acquire A | No | No | 31.05 | 183.156 | 5.69 k | 24,765.179 |
13 Sep 24 | Smith Kenneth Eugene | Common Stock | Grant | Acquire A | No | No | 31.45 | 11 | 345.95 | 24,582.023 |
13 Sep 24 | Smith Kenneth Eugene | Common Stock | Grant | Acquire A | No | No | 30.06 | 44.426 | 1.34 k | 24,571.023 |
24 Jul 24 | Lauri E Fernald | Common Stock | By will or laws of descent | Acquire W | No | No | 0 | 94 | 0.00 | 17,216 |