Bar Harbor Bankshares (BHB) to Release Quarterly Earnings on Tuesday

Bar Harbor Bankshares (NYSEAMERICAN:BHB) is expected to post its quarterly earnings results before the market opens on Tuesday, January 28th. Analysts expect Bar Harbor Bankshares to post earnings of $0.68 per share and revenue of $39,510.00 billion for the quarter.

Bar Harbor Bankshares Price Performance

Shares of BHB opened at $31.10 on Friday. The firm has a market capitalization of $474.90 million, a price-to-earnings ratio of 11.19 and a beta of 0.73. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.96 and a current ratio of 0.96. Bar Harbor Bankshares has a 1 year low of $23.26 and a 1 year high of $38.47.

Bar Harbor Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, February 20th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a yield of 3.86%. Bar Harbor Bankshares’s payout ratio is currently 43.17%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods increased their target price on Bar Harbor Bankshares from $30.00 to $34.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

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.