Bar Harbor Bankshares, Inc. (BHB) To Go Ex-Dividend on February 20th

Bar Harbor Bankshares, Inc. (NYSEAMERICAN:BHB) declared a quarterly dividend on Thursday, January 22nd. Investors of record on Friday, February 20th will be paid a dividend of 0.32 per share by the financial services provider on Friday, March 20th. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, February 20th.

Bar Harbor Bankshares has a dividend payout ratio of 39.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Bar Harbor Bankshares to earn $2.96 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 43.2%.

Bar Harbor Bankshares Trading Up 1.1%

NYSEAMERICAN BHB opened at $35.44 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. The stock’s 50-day simple moving average is $33.08 and its two-hundred day simple moving average is $31.45. Bar Harbor Bankshares has a twelve month low of $26.43 and a twelve month high of $36.05. The company has a market capitalization of $591.49 million, a price-to-earnings ratio of 15.41 and a beta of 0.65.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last posted its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $49.37 million during the quarter, compared to analysts’ expectations of $42.80 million. Bar Harbor Bankshares had a return on equity of 10.73% and a net margin of 15.13%. Research analysts forecast that Bar Harbor Bankshares will post 2.84 EPS for the current fiscal year.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares, Inc is a bank holding company headquartered in Ellsworth, Maine, and the parent of Bar Harbor Bank & Trust. The company provides a full suite of commercial and consumer banking products and services, including deposit accounts, residential and commercial lending, wealth management, treasury and cash management, and online and mobile banking solutions. Its subsidiary, Bar Harbor Bank & Trust, operates branches across Maine and eastern New Hampshire, serving both individual and business clients with a focus on community banking relationships.

With roots tracing back to the late 19th century, Bar Harbor Bankshares has built its presence along the coast of Maine, extending from Casco Bay to Downeast communities, and into neighboring New Hampshire markets.