Brief: Bar Harbor Bankshares Q2 ROE 5.21%

Bar Harbor Bankshares

22/07/2025 21:15

Overview

Bar Harbor Q2 GAAP net income falls to $6.1 mln, missing analyst expectations, per LSEG data

Core earnings (Non-GAAP) rise to $10.8 mln or $0.70 per diluted share

Co receives regulatory approvals for Guaranty Bancorp acquisition

Outlook

Company sees strategic growth from Guaranty Bancorp acquisition

Bar Harbor Bankshares to optimize balance sheet for future growth

Result Drivers

NET INTEREST MARGIN - Expanded to 3.23% from 3.17%, driven by higher yielding commercial real estate loans

COMMERCIAL LOAN GROWTH - Achieved 7% growth quarter-to-date, contributing to increased interest income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
Miss
$6.10 mln
$10.60 mln (2 Analysts)
Q2 Adjusted ROE
9.2%
Q2 Net Interest Margin
3.2%
Q2 ROE
5.2%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Bar Harbor Bankshares is $32.50, about 3% above its July 21 closing price of $31.52

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nACSCmfq0a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)