NYSE$BHB
Bar Harbor Bankshares · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Net income increased due to higher fee income and lower operating expenses.
Bar Harbor Bankshares reported Q4 2021 net income of $9.8 million, or $0.65 per diluted share, compared to $8.6 million, or $0.58 per diluted share, for the same period in 2020. The increase was driven by higher fee income and lower operating expenses.
- Return on assets was 1.02%, or 1.07% on a core basis.
- Core pre-tax, pre-provision net revenue grew by 13%, excluding Paycheck Protection Program (PPP) loans.
- Annualized commercial loan growth was 13%, excluding PPP loans.
- Annualized core deposit growth was 13%.
Headline financials
Revenue & EPS history
Bar Harbor Bankshares · Revenue · Quarterly
$35M
Revenue by segment
Bar Harbor Bankshares · $7.31M total across 2 segments · Q4 2021
- Trust Mgmt Fees$3.84M—52.6%
- Customer Fees$3.47M—47.4%
Forward guidance
Bar Harbor Bankshares continues to actively manage the balance sheet, investing excess liquidity diligently without compromising our credit or interest rate risk appetites. The Company is well positioned regardless of the resulting economic environment.
Tailwinds
- The net result of the transactions is expected to add five basis points to NIM
- The net result of the transactions is expected to add $0.02 to core earnings per share in the first quarter 2022
- Pipelines remain robust and we see the momentum continuing into the first quarter
- All of these trends are positive and are expected to continue as we move into 2022 based on our credit disciplines.
- Continue to actively manage the balance sheet, investing excess liquidity diligently without compromising our credit or interest rate risk appetites
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 2021
-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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