Bar Harbor Bankshares (NYSEAMERICAN:BHB) Director Scott G. Toothaker bought 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 7th. The stock was purchased at an average cost of $29.09 per share, with a total value of $189,085.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Bar Harbor Bankshares (NYSEAMERICAN:BHB) opened at $29.52 on Friday. The stock has a market capitalization of $461.24, a PE ratio of 15.14 and a beta of 0.79. Bar Harbor Bankshares has a 1 year low of $25.09 and a 1 year high of $33.41.
Bar Harbor Bankshares (NYSEAMERICAN:BHB) last announced its earnings results on Thursday, January 25th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. The firm had revenue of $30.01 million during the quarter. Bar Harbor Bankshares had a return on equity of 12.02% and a net margin of 35.35%.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, February 15th will be given a $0.1867 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.53%. Bar Harbor Bankshares’s dividend payout ratio (DPR) is presently 38.46%.
Several hedge funds and other institutional investors have recently made changes to their positions in BHB. Vigilant Capital Management LLC acquired a new stake in shares of Bar Harbor Bankshares in the 4th quarter valued at about $126,000. JPMorgan Chase & Co. acquired a new stake in Bar Harbor Bankshares during the 3rd quarter worth approximately $144,000. MetLife Investment Advisors LLC acquired a new stake in Bar Harbor Bankshares during the 4th quarter worth approximately $198,000. Alpine Woods Capital Investors LLC acquired a new stake in Bar Harbor Bankshares during the 3rd quarter worth approximately $220,000. Finally, Trust Co. of Vermont lifted its position in Bar Harbor Bankshares by 30.1% during the 4th quarter. Trust Co. of Vermont now owns 9,735 shares of the financial services provider’s stock worth $263,000 after acquiring an additional 2,250 shares during the period.
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Bar Harbor Bankshares Company Profile
Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank & Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.
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