Bar Harbor Bankshares (BHB) Financial Statements & Analysis

Bar Harbor Bankshares (BHB) Income Statement

Bar Harbor Bankshares reported revenue of $243.34M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 8.4% from $224.44M a year earlier. Net income was $36.92M, down 15.2% year over year, a net margin of 15.2%. Gross margin was 67.4% and operating margin 19.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $39.03M, up 13.0% from the same quarter a year earlier.

Bar Harbor Bankshares Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Bar Harbor Bankshares income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	243.34	224.44	150.41	161.17	153.07	169.06	164.46	155.39	142.05
Cost of Revenue	79.33	75.07	0.00	17.51	14.11	32.59	47.90	39.35	26.70
Gross Profit	164.01	149.38	150.41	143.67	138.96	136.47	116.56	116.04	115.35
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	74.34	58.67	55.96	51.24	48.66	50.31	49.51	45.92	44.82
Operating Expenses	117.66	96.76	75.75	88.82	90.33	94.82	89.73	75.54	72.73
Operating Income	46.35	52.61	74.66	54.85	48.63	41.65	26.83	40.50	42.62
Other Income/Expense
Interest Income	209.52	188.72	174.18	126.53	110.80	126.10	135.39	127.45	116.07
Interest Expense	75.04	74.89	56.51	12.85	15.23	26.92	45.58	36.57	23.91
Other Income/Expense	-0.42	0.00	-17.55	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	45.94	52.61	57.12	54.85	48.63	41.65	26.83	40.50	42.62
Income Tax Expense	9.02	9.07	12.27	11.29	9.33	8.41	4.21	7.56	16.63
Net Income	36.92	43.54	44.85	43.56	39.30	33.24	22.62	32.94	25.99
Net Income - Continuous Operations	36.92	43.54	44.85	43.56	39.30	33.24	22.62	32.94	25.99
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	52.02	56.03	0.00	61.27	55.23	47.45	31.83	45.03	46.99
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	5.67	3.42	6.31	6.42	6.60	5.80	5.00	4.53	4.37
Earnings Per Share
Basic EPS	2.00	3.00	3.00	3.00	3.00	2.00	1.00	2.00	2.00
Diluted EPS	2.00	3.00	3.00	3.00	3.00	2.00	1.00	2.00	2.00
Basic Shares Outstanding	16.70	15.24	15.14	15.04	14.97	15.25	15.54	15.49	15.18
Diluted Shares Outstanding	16.76	15.31	15.20	15.11	15.05	15.27	15.59	15.56	15.29

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Bar Harbor Bankshares Financial Statements

What was Bar Harbor Bankshares's revenue in fiscal 2025?

Bar Harbor Bankshares reported revenue of $243.34M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 8.4% from $224.44M a year earlier.

Is Bar Harbor Bankshares profitable?

Yes. Bar Harbor Bankshares earned net income of $36.92M in fiscal 2025, a net margin of 15.2%. In fiscal 2024 it earned $43.54M.

What is Bar Harbor Bankshares's operating margin?

Bar Harbor Bankshares's operating income was $46.35M on revenue of $243.34M in fiscal 2025, an operating margin of 19.0%, compared with 23.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition