NYSE$BHB

Bar Harbor Bankshares · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Bar Harbor Bankshares reported a decrease in net income but an increase in total revenue for Q4 2019.

Bar Harbor Bankshares reported a net income of $4.2 million, or $0.27 per share, for the fourth quarter of 2019, compared to $7.6 million, or $0.49 per share, in the fourth quarter of 2018. Total revenue increased to $31.9 million. The company completed the acquisition of eight branches within Central Maine and closed five branches as part of its strategic review.

  • Net income was $4.2 million, or $0.27 per share.
  • Total revenue increased to $31.9 million.
  • Net interest margin expanded 20 basis points to 2.95%.
  • Loan to deposit ratio improved to 98%.

Headline financials

Total Revenue

$31.9M

Previous: $29.7M+7.4%
EPS (adj)

$0.56

Previous: $0.59-5.1%
Net Interest Margin

3.0%

Previous: 2.8%+6.1%
Efficiency Ratio

62.6%

Previous: 59.9%+4.4%
Capital Expenditures

$7.38M

Previous: $2.12M+248.5%
Free Cash Flow

$8.18M

Previous: $8.44M-3.1%
Net Income

$4.21M

Previous: $7.62M-44.8%
Operating Income

$4.57M

No prior period
Gross Profit

$31.9M

Previous: $29.7M+7.4%
Cash & Equivalents

$56.9M

Previous: $98.8M-42.4%
Total Assets

$3.67B

Previous: $3.61B+1.7%
Stock-Based Comp

$657K

Previous: $510K+28.8%

Revenue & EPS history

Bar Harbor Bankshares · Revenue · Quarterly

$31.9M

Q4 2019+7.4%vs Q4 2018

Revenue by segment

Bar Harbor Bankshares · $6.02M total across 2 segments · Q4 2019

  • Trust Mgmt Fees
    $3.23M+9.4%
  • Customer Fees
    $2.79M+12.7%

Forward guidance

The Company's efforts these past few quarters have positioned it well for 2020 and will move it towards its stated goals of higher quality earnings and capital growth with continued focus on its customers and relationships which are driving current momentum.

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 Q4 2019

Historical avgQ4 2019

-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

Earnings price reactions
QuarterReport dateReaction (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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