Bar Harbor Bankshares (A:BHB)

May 06, 2020 04:05 pm ET
Bar Harbor Bankshares to Change Location of Annual Shareholder Meeting To Be Held on May 12
BAR HARBOR, MAINE / ACCESSWIRE / May 6, 2020 / Bar Harbor Bankshares (NYSE American:BHB) (or the "Company"), announced that the location of its 2020 Annual Meeting of Shareholders to be held on Tuesday, May 12 at 11:00 am EDT has been changed to its offices at 82 Main Street, Bar Harbor, ME 04609. The location of the meeting has been changed because the prior location, the Bar Harbor Club, will not be open on the date of the meeting due to the COVID-19 pandemic. As previously announced, the meeting will also
Apr 30, 2020 05:50 pm ET
Bar Harbor Bankshares Reports First Quarter Results
BAR HARBOR, ME / ACCESSWIRE / April 30, 2020 / Bar Harbor Bankshares (NYSE American:BHB) reported first quarter 202 net income of $7.7 million or $0.50 per share, a 6% increase in net income over the same quarter of 2019 of $7.3 million or $0.47 per share.
Apr 23, 2020 04:25 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
BAR HARBOR, ME / ACCESSWIRE / April 23, 2020 / Bar Harbor Bankshares (NYSE American:BHB or the "Company"), announced that its Board of Directors declared at its April 21, 2020 meeting, a quarterly cash dividend of $0.22 per share of common stock to shareholders of record at the close of business on May 18, 2020, payable on June 18, 2020. This dividend equates to a 5.09% annualized yield based on the $17.28 closing price of the Company's common stock at the end of the first quarter of 2020.
Mar 12, 2020 05:20 pm ET
Bar Harbor Bankshares Announces Stock Repurchase Plan
BAR HARBOR, ME / ACCESSWIRE / March 12, 2020 / Bar Harbor Bankshares (NYSE American:BHB)(the "Company") announced that its Board of Directors authorized a share repurchase plan (the "Plan"). Under the terms of the Plan, the Company is authorized to repurchase up to 5% of its outstanding common stock, representing approximately 781,000 shares as of March 12, 2020. The plan is authorized to last no longer than twelve months.
Mar 06, 2020 06:05 pm ET
Bar Harbor Bankshares Announces Extension of Expiration Date of Exchange Offer
BAR HARBOR, MAINE / ACCESSWIRE / March 6, 2020 / Bar Harbor Bankshares (NYSE American:BHB) announced today that is has extended the expiration date for its offer to exchange (the "Exchange Offer") any and all of its outstanding 4.625% Fixed-to-Floating Subordinated Notes due 2024 ("Old Notes") that were issued in an unregistered offering on November 26, 2019 for newly issued 4.625% Fixed-to-Floating Subordinated Notes that have been registered under the Securities Act of 1933 ("New Notes"), upon the terms and conditions set forth in the prospectus
Jan 28, 2020 05:29 pm ET
Bar Harbor Bankshares Reports Record Fourth Quarter Revenues
BAR HARBOR, MAINE / ACCESSWIRE / January 28, 2020 / Bar Harbor Bankshares (NYSE American: BHB) reported fourth quarter 2019 net income of $4.2 million, or $0.27 per share, compared to $5.0 million, or $0.32 per share, in the prior quarter and $7.6 million or $0.49 per share in the fourth quarter of 2018. The non-GAAP measure of core earnings in the fourth quarter 2019 increased 20% to $8.8 million, or $0.56 per share, from $7.3 million, or $0.47 per share in the prior quarter and decreased from $9.2 million, or $0.59 per share in the fourth quarter of 2018. On Oc
Jan 23, 2020 04:40 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
BAR HARBOR, ME / ACCESSWIRE / January 23, 2020 / Bar Harbor Bankshares (NYSE American:BHB ) or the "Company," announced that its Board of Directors declared at its January 21, 2020 meeting, a quarterly cash dividend of $0.22 per share of common stock. This dividend equates to a 3.5% annualized yield based on the $25.39 closing price of the Company's common stock at the end of the fourth quarter of 2019 and is payable to all shareholders of record as of the close of business February 18, 2020 and will be paid on March 18, 2020.
Nov 26, 2019 04:55 pm ET
Bar Harbor Bankshares Announces Issuance of $40 Million in Subordinated Notes
BAR HARBOR, ME / ACCESSWIRE / November 26, 2019 / Bar Harbor Bankshares (NYSE American: BHB) announced today the issuance of $40 million aggregate principal amount of fixed-to-floating rate subordinated notes (the "Notes") in a private placement transaction. The Company intends to use the net proceeds from the offering for general corporate purposes, including the replacement of $22 million of subordinated notes outstanding as of September 30, 2019.
Oct 17, 2019 05:20 pm ET
Bar Harbor Bankshares Reports Third Quarter Results; Dividend Declared
BAR HARBOR, MAINE / ACCESSWIRE / October 17, 2019 / Bar Harbor Bankshares (NYSE American: BHB or the "Company") reported third quarter 2019 net income of $5.0 million, or $0.32 diluted earnings per share. Net income in the third quarter of 2018 was $9.0 million, or $0.58 diluted earnings per share. The non-GAAP measure of core earnings in the third quarter 2019 totaled $7.3 million, or $0.47 diluted earnings per share, a 15% increase from the prior quarter. Core earnings per share excludes $0.15 per share of non-core charges related to acquisition and r
Jul 18, 2019 05:26 pm ET
Bar Harbor Bankshares Reports Second Quarter Results; Dividend Declared
Bar Harbor Bankshares (NYSE American: BHB or the “Company”) reported second quarter 2019 net income of $6.1 million, or $0.39 diluted earnings per share. Net income in the second quarter of 2018 totaled $8.5 million or $0.55 diluted earnings per share. Core earnings (non-GAAP measure) in the second quarter 2019 totaled $6.3 million or $0.41 diluted earnings per share and $8.7 million or $0.56 diluted earnings per share in the same period of 2018.
Jul 08, 2019 05:15 pm ET
Bar Harbor Bank to Acquire 8 Bank Branches in Central Maine
Both banks will be working closely to ensure a seamless transition for customer accounts and associates transferring to BHBT. The Company intends to offer continued employment to the professionals associated with People’s central Maine region, which is anticipated to close in the fourth quarter of 2019. This acquisition is subject to regulatory approval from the Federal Deposit Insurance Corporation and the State of Maine and the satisfaction of customary closing conditions. The eight branches will increase BHBT’s total branch count to 56 in its footprint, and 22 in the State of Maine. The Com
Apr 18, 2019 04:57 pm ET
Bar Harbor Bankshares Reports First Quarter Results; Increases Dividend 10%
Bar Harbor Bankshares (NYSE American: BHB or the “Company”) reported first quarter 2019 net income of $7.3 million or $0.47 diluted earnings per share. Earnings in the same quarter of 2018 totaled $7.8 million or $0.50 diluted earnings per share.
Mar 21, 2019 04:55 pm ET
Bar Harbor Bankshares Announces Stock Repurchase Plan
Bar Harbor Bankshares (NYSE American: BHB; the “Company”) announced that its Board of Directors authorized a share repurchase plan (the “Plan”). Under the terms of the Plan, the Company is authorized to repurchase up to 5% of its outstanding common stock, representing approximately 776,000 shares as of March 15, 2019. The plan is authorized to last no longer than twelve months.
Jan 24, 2019 05:35 pm ET
Bar Harbor Bankshares Reports Fourth Quarter Earnings
Bar Harbor Bankshares (NYSE American: BHB) reported fourth quarter net income of $7.6 million, a 15% increase from $6.6 million in the same quarter of 2017. Net income for the full year 2018 was $32.9 million, up 27% compared to $26.0 million in 2017.
Jan 22, 2019 05:08 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares (NYSE American: BHB), announced that its Board of Directors declared at its January 22, 2019 meeting, a quarterly cash dividend of $0.20 per share of common stock. The quarterly cash dividend is unchanged from last quarter and is payable to all shareholders of record as of the close of business February 15, 2019 and will be paid on March 15, 2019.
Oct 18, 2018 04:25 pm ET
Bar Harbor Bankshares Reports Third Quarter Earnings
Bar Harbor Bankshares (NYSE American: BHB) reported net income for third quarter 2018 of $9.0 million, or 58 cents per share, compared with $8.6 million, or 56 cents per share, in the same quarter of 2017.
Oct 16, 2018 04:05 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares (NYSE American: BHB), announced that its Board of Directors declared at its October 16, 2018 meeting, a quarterly cash dividend of $0.20 per share of common stock. The quarterly cash dividend is unchanged from last quarter and is payable to all shareholders of record as of the close of business November 14, 2018 and will be paid on December 14, 2018.
Oct 03, 2018 02:00 pm ET
Bar Harbor Bank & Trust Continues Strategic Expansion with Development of Commercial Loan Office in Portland, Maine
Daryl Wentworth and Joe Delano have joined Bar Harbor Bank & Trust’s Commercial Lending team with the opening of a newly created commercial loan office in Portland, Maine. Mr. Wentworth will lead a team of lenders including Mr. Delano who will focus on serving the banking needs of middle market companies and real estate projects throughout Bar Harbor’s footprint in Maine, New Hampshire, and Vermont. Mr. Wentworth and Mr. Delano will be located in our new office in Portland, Maine with the address to be announced in the coming weeks.
Jul 19, 2018 04:42 pm ET
Bar Harbor Bankshares Reports Second Quarter Earnings
Bar Harbor Bankshares (NYSE American: BHB) reported second quarter 2018 GAAP earnings of $8.5 million, or 55 cents per share, compared with $6.6 million, or 42 cents per share in the same quarter of 2017. Core earnings in the second quarter 2018 totaled $8.7 million, or 56 cents per share, up from $8.1 million, or 52 cents in the second quarter of 2017.
Jul 17, 2018 04:05 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares (NYSE American: BHB), announced that its Board of Directors declared at its July 17, 2018 meeting, a quarterly cash dividend of $.20 per share of common stock. The quarterly cash dividend is unchanged from last quarter and is payable to all shareholders of record as of the close of business August 14, 2018 and will be paid on September 14, 2018.
May 31, 2018 07:45 am ET
Report: Developing Opportunities within Stifel Financial, Cenovus Energy, Brown & Brown, Dover, Affiliated Managers Group, and Bar Harbor Bankshares — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Stifel Financial Corporation (NYSE:SF), Cenovus Energy Inc (NYSE:CVE),...
Apr 24, 2018 04:48 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares (NYSE American: BHB), announced that its Board of Directors declared at its April 24, 2018 meeting, a quarterly cash dividend of $.20 per share of common stock. The quarterly cash dividend is payable to all shareholders of record as of the close of business May 14, 2018 and will be paid on June 14, 2018.
Apr 19, 2018 04:26 pm ET
Bar Harbor Bankshares Reports First Quarter Earnings
Bar Harbor Bankshares (NYSE American: BHB) reported first quarter 2018 GAAP earnings of $7.8 million, or 50 cents per share, compared with $4.2 million, or 29 cents per share in the same quarter of 2017. Core earnings in the first quarter 2018 totaled $8.1 million, or 52 cents per share, up 21% from $6.2 million, or 43 cents in the first quarter of 2017.
Apr 13, 2018 07:30 am ET
Report: Exploring Fundamental Drivers Behind Shire plc, Bank Of Montreal, Companhia Paranaense de Energia - COPEL, Pearson, Bar Harbor Bankshares, and Mellanox Technologies — New Horizons, Emerging Tr
NEW YORK, April 13, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Shire plc (NASDAQ:SHPG), Bank Of Montreal...
Mar 12, 2018 07:55 am ET
New Research Coverage Highlights Spectra Energy Partners, LP, EMC Insurance Group, Mitsubishi UFJ Financial Group, California Water Service Group Holding, Bar Harbor Bankshares, and Royal Bank Of Cana
NEW YORK, March 12, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Spectra Energy Partners, LP (NYSE:SEP), EMC...
Jan 25, 2018 04:51 pm ET
Bar Harbor Bankshares Reports Fourth Quarter Earnings
Bar Harbor Bankshares (NYSE American: BHB) reported record GAAP earnings in 2017 of $26.0 million, or $1.70 per share, compared with $14.9 million in 2016, or $1.63 per share. Core earnings in 2017 increased to $32.1 million, or $2.10 per share, from $13.9 million in 2016, or $1.52 per share. Earnings grew during 2017 due to business expansion, investments in talent and increased operational efficiencies.
Jan 23, 2018 08:05 am ET
Bar Harbor Bank & Trust Hires New EVP Of Retail Delivery - Marion Colombo
Marion Colombo has joined Bar Harbor Bank & Trust as Executive Vice President of Retail Delivery, effective February 12, 2018. Ms. Colombo joins Bar Harbor Bank & Trust with over 30 years of experience in retail banking. She is responsible for retail strategy and delivery and will work closely with our teams to ensure that customers experience consistently outstanding service across all 49 locations in Maine, New Hampshire and Vermont.
Jan 17, 2018 04:00 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares (NYSE American: BHB), announced that its Board of Directors declared at its January 16, 2018 meeting, a quarterly cash dividend of $.1867 per share of common stock. The quarterly cash dividend is payable to all shareholders of record as of the close of business February 15, 2018 and will be paid on March 15, 2018.
Oct 19, 2017 05:20 pm ET
Bar Harbor Bankshares Reports Third Quarter Earnings
Bar Harbor Bankshares (NYSE American: BHB) reported third quarter GAAP earnings of $8.6 million, or 56 cents per share. Core earnings totaled $8.8 million or 57 cents per share representing a 10% increase over the prior quarter. This increase reflects the strength of the Company's now expanded footprint and seasoned team.
Oct 18, 2017 04:20 pm ET
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares (NYSEAM: BHB), announced that its Board of Directors declared at its October 17, 2017 meeting, a quarterly cash dividend of $.1867 per share of common stock. The quarterly cash dividend is payable to all shareholders of record as of the close of business November 15, 2017 and will be paid on December 15, 2017.
Oct 11, 2017 04:15 pm ET
Bar Harbor Bankshares Sells Insurance Subsidiary
Bar Harbor Bankshares (NYSE American: BHB) announced today a definitive agreement to sell their insurance subsidiary, McCrillis & Eldredge Insurance, to Cross Insurance, a family owned and operated company headquartered in Bangor, Maine. Cross Insurance is made up of a network of wholly-owned subsidiary insurance agencies with more than 40 offices located throughout Maine, New Hampshire, Massachusetts, Connecticut, New York, and Rhode Island.
May 16, 2017 12:47 pm ET
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Bar Harbor Bankshares for Potential Breaches Of Fiduciary Duty By Its Board of Directors
NEW YORK, May 16, 2017 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Bar Harbor Bankshares (NYSE MKT: BHB). ...