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

Bar Harbor Bankshares, Inc. (NYSEAMERICAN:BHB) announced a quarterly dividend on Thursday, January 22nd. Investors of record on Friday, February 20th will be given 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 3.8%. The ex-dividend date is Friday, February 20th.

Bar Harbor Bankshares has a payout ratio of 39.4% meaning its dividend is sufficiently covered by earnings. Research 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 Down 2.5%

NYSEAMERICAN:BHB opened at $33.67 on Friday. The company has a 50-day moving average price of $31.57 and a 200-day moving average price of $31.01. The stock has a market cap of $561.95 million, a price-to-earnings ratio of 14.64 and a beta of 0.66. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.37. Bar Harbor Bankshares has a 12 month low of $26.43 and a 12 month high of $35.29.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.04. Bar Harbor Bankshares had a net margin of 15.13% and a return on equity of 10.73%. The company had revenue of $49.37 million for the quarter, compared to analysts’ expectations of $42.80 million. Equities analysts predict that Bar Harbor Bankshares will post 2.84 EPS for the current 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.