BHB
Bar Harbor BanksharesFinancial Services·Banks - Regional
$34.94
$585M market cap
Revenue
$123.0M
Free Cash Flow
$15.1M
Rev Growth
+0.0%
FCF Margin
12.3%
P/FCF
38.8x
EV/FCF
36.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, lending, retail, and wealth management banking services. 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. The company also provides commercial real estate loans, such as multi-family, commercial construction and land development, a
2-Year Price History
$34.67+46.9%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 55.3 | 8.5 | 6.7 | 13.5 | 5.0 | 3.0 | -2.0 | 247.0 | 215.7 | 16.8 | 4.5% | 0.5x | -- |
| Act | 2025-Q4 | 67.7 | 16.9 | 15.1 | 11.8 | 17.2 | 12.1 | -5.1 | 678.3 | 269.6 | 16.8 | 11.0% | 0.9x | -- |
Valuation & Metrics
Market Stats
Price$34.94
Market Cap$585M
Enterprise Value$554M
P/S Ratio4.8x
P/FCF38.8x
EV/FCF36.7x
FCF Margin (TTM)12.3%
FCF Yield2.6%
Dividend Yield (TTM)3.7%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$123.0M
Net Income$25.3M
Free Cash Flow$15.1M
Revenue Growth (YoY)+0.0%
EBITDA Margin20.6%
Net Margin20.6%
FCF Margin12.3%
CapEx % of Revenue5.8%
SBC % of Revenue1.4%
ROIC7.7%
WC Change % Rev0.0%
Interest Coverage0.7x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.2M
Days to Cover2.2
Change (vs Prior)-7.0%
Need at least 2 settlement dates for chart
Employees
Headcount458
Revenue / Employee$268,441
Gross Profit / Employee$187,367
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
30.2%(+5.2% YoY)
153 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
23.5%(+3.5% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.4%(+0.0% YoY)
4 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $45.2M | $29.05 | +$3.2M | +$200K | -0.2% | $5.69T |
| DIMENSIONAL FUND ADVISORS LPPassive | $28.9M | $24.56 | +$519K | +$495K | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $23.9M | $32.13 | +$23.6M | +$23.9M | — | $4.04T |
| Boston Partners | $13.7M | $30.19 | +$8.8M | +$9.8M | +0.5% | $95.40B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $13.4M | $26.87 | +$123K | +$2.2M | +2.3% | $1.61T |
| BAR HARBOR WEALTH MANAGEMENT | $13.0M | $22.98 | −$635K | −$1.9M | -0.0% | $1.71B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $12.2M | $32.06 | +$1.2M | +$802K | -0.2% | $113.45B |
| STATE STREET CORPPassive | $12.0M | $25.95 | +$234K | −$16K | -0.2% | $2.89T |
| TWO SIGMA INVESTMENTS, LP | $8.2M | $30.84 | +$5.4M | +$6.8M | -0.9% | $117.03B |
| AMERICAN CENTURY COMPANIES INC | $8.1M | $25.25 | −$126K | −$143K | +0.7% | $193.48B |
| RENAISSANCE TECHNOLOGIES LLC | $6.0M | $29.47 | +$2.0M | +$2.5M | +1.2% | $63.91B |
| NORTHERN TRUST CORPPassive | $5.1M | $28.64 | +$198K | +$677K | -0.2% | $755.34B |
| HRT FINANCIAL LP | $4.9M | $32.02 | +$4.6M | +$4.6M | -0.6% | $39.46B |
| MORGAN STANLEY | $4.8M | $28.77 | +$672K | +$2.4M | -0.3% | $1.65T |
| North Star Investment Management Corp. | $4.7M | $24.95 | +$0 | +$0 | -0.4% | $1.65B |
| RBF Capital, LLC | $4.3M | $23.54 | +$0 | +$0 | +0.1% | $2.03B |
| MILLENNIUM MANAGEMENT LLC | $3.9M | $30.18 | +$2.8M | +$2.6M | -0.5% | $127.40B |
| Private Capital Management, LLC | $3.9M | $32.13 | +$3.9M | +$3.9M | -0.9% | $982M |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $3.9M | $32.13 | +$3.9M | +$3.9M | — | $1.91T |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $3.8M | $27.88 | +$187K | +$570K | -2.3% | $4.93B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.09%
avg per quarter
Holders (ex-self)
-0.09%
excl. this stock
Buyers (this Q)
-0.13%
81 buyers · $0.09B in
Sellers (this Q)
-0.02%
34 sellers · $0.04B out
alpha coverage: 90% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+12.4%
how holders react when this stock falls
On quiet Qs
-1.7%
−10% to +10% baseline
On rallies (+10%+)
+1.6%
how they react when this stock rises
Holders' portfolio flow this Q
+4.3%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.2%
Sellers' overall flow ~ flat.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-6.7%
Holder mid (any stock)
-3.4%
Holder rally (any stock)
-4.9%
Biggest decreases this quarter
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLCexited−$1.2MSquarepoint Ops LLCexited−$679KBAR HARBOR WEALTH MANAGEMENT−$635Kα-0.0PANAGORA ASSET MANAGEMENT INCexited−$518KArete Wealth Advisors, LLCexited−$297KBogart Wealth, LLCexited−$287KSlateStone Wealth, LLCexited−$233KSG Americas Securities, LLCexited−$224KLSV ASSET MANAGEMENT−$196Kα+0.0CANADA PENSION PLAN INVESTMENT BOARDexited−$183K
New buyers this quarter
Top-5 holders · 39.9%
BlackRock, Inc.--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
Boston Partners--
GEODE CAPITAL MANAGEMENT, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
FMR LLC16KBAR HARBOR WEALTH MANAGEMENT401KBoston Partners422KMANUFACTURERS LIFE INSURANCE COMPANY, THE375KPUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.—BAR HARBOR TRUST SERVICES—TWO SIGMA INVESTMENTS, LP253KAMERICAN CENTURY COMPANIES INC248KRENAISSANCE TECHNOLOGIES LLC184KFocus Partners Wealth16K
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (2 analysts)$36.50450.0%
Current Price$34.94
Analyst Ratings
1
1
Buy: 1Hold: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$380K
4 txns · 3 insiders · 11,840 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-04-28 | BUY | Caras Matthew L | director | 760 | $34.68 | $26K | $794K |
| 2026-03-02 | BUY | Colter David M | director | 500 | $32.54 | $16K | $413K |
| 2025-10-30 | BUY | Caras Matthew L | director | 580 | $29.12 | $17K | $598K |
| 2025-09-10 | BUY | Shaw Brian D | director | 10,000 | $32.09 | $321K | $560K |
Order Flow (FINRA, ~3w lag)
12.0%retail-14.1pp
19.1%dark+2.3pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Bar Harbor Bankshares: Routine administrative metadata confirms institutional stability but lacks substantive financial disclosure.
Overall Risk
2/10
Fraud
1/10
Dilution
1/10
Insolvency
2/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10