Bar Harbor Bankshares (BHB)

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)	29.27 mm	14.76 mm	n/a	n/a	n/a	n/a
Cash remaining	51.95 mm	66.46 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	7.6	19.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

BHB institutional ownership history Ownership history

56.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	124	109	+13.8%
Opened positions	26	15	+73.3%
Closed positions	11	12	-8.3%
Increased positions	35	40	-12.5%
Reduced positions	27	26	+3.8%

13F shares	Current	Prev Q	Change
Total value	256.14 bn	216.95 bn	+18.1%
Total shares	8.58 mm	8.32 mm	+3.2%
Total puts	0.00	25.30 k	EXIT
Total calls	28.60 k	24.30 k	+17.7%
Total put/call ratio	–	1.0	–

Largest owners	Shares	Value	Change
FMR	1.37 mm	$42.33 bn	+0.2%
BlackRock	1.35 mm	$41.73 bn	NEW
Dimensional Fund Advisors	872.38 k	$26.90 bn	+0.8%
Vanguard	804.49 k	$24.81 bn	+4.1%
Charter Trust	417.64 k	$12.88 bn	-0.6%
STT State Street	362.82 k	$11.19 bn	+5.6%
Manufacturers Life Insurance Company, The	351.17 k	$10.83 bn	-2.5%
Geode Capital Management	335.43 k	$10.35 bn	+1.1%
American Century Companies	254.59 k	$7.85 bn	+19.4%
North Star Investment Management	145.58 k	$4.49 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
BlackRock	1.35 mm	+1.35 mm	NEW
BLK BlackRock	0.00	-1.34 mm	EXIT
Elizabeth Park Capital Advisors	71.62 k	+71.62 k	NEW
First Trust Advisors	0.00	-42.80 k	EXIT
American Century Companies	254.59 k	+41.45 k	+19.4%
Vanguard	804.49 k	+31.68 k	+4.1%
MS Morgan Stanley	88.25 k	+31.23 k	+54.8%
JPM JPMorgan Chase & Co.	50.92 k	+22.21 k	+77.4%
STT State Street	362.82 k	+19.12 k	+5.6%
Renaissance Technologies	83.68 k	-17.65 k	-17.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BHB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Dec 24	David M Colter	Common Stock	Grant	Acquire A	No	No	34.69	13.047	452.59	10,776.064
13 Dec 24	Simard Curtis C	Common Stock	Grant	Acquire A	No	No	34.29	730.655	25.05 k	109,249.797
13 Dec 24	Smith Kenneth Eugene	Common Stock	Grant	Acquire A	No	No	34.69	38.884	1.35 k	26,102.731
13 Dec 24	Smith Kenneth Eugene	Common Stock	Grant	Acquire A	No	No	34.29	177.604	6.09 k	26,063.847
13 Dec 24	Caras Matthew L	Common Stock	Grant	Acquire A	No	No	34.29	98.98	3.39 k	19,591.527
12 Nov 24	Caras Matthew L	Common Stock	Grant	Acquire A	No	No	0	1,103	0.00	19,492.547

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Keefe, Bruyette & Woods Reiterates Market Perform on Bar Harbor Bankshares, Raises Price Target to $35

27 Jan 25

Keefe, Bruyette & Woods analyst Damon Delmonte reiterates Bar Harbor Bankshares (AMEX:BHB) with a Market Perform and raises the price target from $34 to $35.

Keefe, Bruyette & Woods Maintains Market Perform on Bar Harbor Bankshares, Raises Price Target to $34

4 Dec 24

Keefe, Bruyette & Woods analyst Damon Delmonte maintains Bar Harbor Bankshares (AMEX:BHB) with a Market Perform and raises the price target from $30 to $34.

Press releases

From Benzinga Pro

Bar Harbor Bankshares Reports Fourth Quarter 2024 Results; Declares Dividend

23 Jan 25

BAR HARBOR, ME / ACCESSWIRE / January 23, 2025 / Bar Harbor Bankshares (NYSE:BHB) (the "Company") reported fourth quarter 2024 GAAP and core (Non-GAAP) net income of $11.0 million or $0.72 per diluted share