Bar Harbor Bankshares (NYSEAMERICAN:BHB – Get Free Report) posted its quarterly earnings results on Tuesday. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.12, Yahoo Finance reports. Bar Harbor Bankshares had a return on equity of 9.72% and a net margin of 18.86%. The firm had revenue of $58.23 million for the quarter, compared to analysts’ expectations of $37.30 million.
Bar Harbor Bankshares Trading Up 8.3 %
NYSEAMERICAN BHB opened at $33.01 on Thursday. Bar Harbor Bankshares has a 1 year low of $23.18 and a 1 year high of $33.31. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $504.06 million, a PE ratio of 12.18 and a beta of 0.68.
Bar Harbor Bankshares Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 14th will be paid a $0.30 dividend. The ex-dividend date is Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.64%. Bar Harbor Bankshares’s payout ratio is 44.28%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Bar Harbor Bankshares
About Bar Harbor Bankshares
Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. 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.
Further Reading
- Five stocks we like better than Bar Harbor Bankshares
- Earnings Per Share Calculator: How to Calculate EPS
- Sherwin-Williams Plunges Into Buying Opportunity: Time to Buy?
- 5 Top Rated Dividend Stocks to Consider
- Wolverine World Wide Breaks Out – Will the 92% Rally Continue?
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- CrowdStrike Sees Unusual Call Option Surge: What’s Next?
Receive News & Ratings for Bar Harbor Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bar Harbor Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.