NYSE$BHB
Bar Harbor Bankshares · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported net income of $11.1 million, with diluted EPS of $0.73, driven by consistent performance and strategic balance sheet management.
Bar Harbor Bankshares reported a solid third quarter with net income of $11.1 million, or $0.73 per diluted share. The company focused on managing funding costs and selectively growing high-quality loan relationships, while non-performing assets remained low and deposit beta was well-managed.
- Net income reached $11.1 million, or $0.73 per diluted share.
- Net interest income increased to $29.2 million.
- Non-performing assets remained low at 0.17% of total assets.
- Opened 1,740 non-maturity accounts.
Headline financials
Revenue & EPS history
Bar Harbor Bankshares · Revenue · Quarterly
$38M
Revenue by segment
Bar Harbor Bankshares · $7.45M total across 2 segments · Q3 2023
- Customer Fees$3.93M—52.7%
- Trust Mgmt Fees$3.52M—47.3%
Forward guidance
Bar Harbor Bankshares' management expressed confidence in the company's ability to execute its business strategies and deliver shareholder returns amid volatile market conditions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-0.4%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+1.5%
Avg return
30 days after
38%
25 / 66 earnings
Positive
+10.0%
Q3 2024
Best reaction
-8.4%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.6% | +1.2% | +1.9% | |
| Q4 2025 | -1.8% | -4.7% | +0.6% | |
| Q3 2025 | -1.9% | -0.4% | +0.4% | |
| Q2 2025 | -2.3% | -2.4% | +2.9% | |
| Q1 2025 | -3.2% | +0.7% | +5.6% | |
| Q4 2024 | +1.8% | +3.9% | +5.8% | |
| Q3 2024 | +10.0% | +8.0% | +18.0% | |
| Q2 2024 | -4.4% | +3.0% | -7.6% | |
| Q1 2024 | +7.4% | +6.6% | +16.2% | |
| Q4 2023 | -3.9% | -2.2% | -10.4% | |
| Q3 2023 | +2.5% | +0.6% | +9.6% | |
| Q2 2023 | -3.8% | -2.2% | -3.8% | |
| Q1 2023 | -3.1% | -3.5% | -5.6% | |
| Q4 2022 | +1.3% | +0.4% | -12.5% | |
| Q3 2022 | +3.0% | +4.6% | +7.2% | |
| Q2 2022 | -1.0% | +1.1% | +6.5% | |
| Q1 2022 | -5.0% | -6.4% | -13.0% | |
| Q4 2021 | -0.5% | +1.9% | -3.9% | |
| Q3 2021 | +2.3% | +3.2% | +6.5% | |
| Q2 2021 | +4.2% | +6.1% | -3.2% | |
| Q1 2021 | -3.1% | -3.5% | +2.5% | |
| Q4 2020 | -1.2% | +3.2% | +28.5% | |
| Q3 2020 | -6.3% | -6.9% | +12.0% | |
| Q2 2020 | -0.0% | -1.8% | +0.3% | |
| Q1 2020 | -8.4% | -13.7% | -3.1% | |
| Q4 2019 | -1.6% | -4.5% | -8.5% | |
| Q3 2019 | -3.4% | -1.6% | -0.9% | |
| Q2 2019 | -0.7% | +1.0% | -6.6% | |
| Q1 2019 | -0.8% | +1.1% | -1.2% | |
| Q4 2018 | -0.5% | -0.6% | +4.3% | |
| Q3 2018 | +1.6% | +1.3% | -7.2% | |
| Q2 2018 | +0.8% | +0.9% | -0.9% | |
| Q1 2018 | -0.3% | +2.8% | +5.4% | |
| Q4 2017 | +0.8% | +2.3% | +4.2% | |
| Q3 2017 | -3.8% | -4.2% | -4.6% | |
| Q2 2017 | -1.8% | -6.2% | -6.3% | |
| Q1 2017 | -1.4% | -4.8% | -4.3% | |
| Q4 2016 | +2.3% | +10.1% | -2.3% | |
| Q3 2016 | +0.4% | +8.8% | +26.7% | |
| Q2 2016 | -0.2% | -1.2% | +2.6% | |
| Q1 2016 | -1.8% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | -0.4% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | -1.5% | — | — | |
| Q3 2014 | +1.4% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +1.3% | — | — | |
| Q4 2013 | +0.1% | — | — | |
| Q3 2013 | +0.4% | — | — | |
| Q2 2013 | -1.7% | — | — | |
| Q2 2010 | -2.2% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q1 2013 | -2.7% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | -0.2% | — | — | |
| Q2 2012 | -1.1% | — | — | |
| Q1 2012 | -0.1% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q3 2010 | -0.3% | — | — | |
| Q3 2011 | -0.3% | — | — | |
| Q1 2010 | +5.4% | — | — |
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