Bar Harbor: Q4 Earnings Snapshot

BHB

BAR HARBOR, Maine (AP) — BAR HARBOR, Maine (AP) — Bar Harbor Bankshares Inc. (BHB) on Thursday reported fourth-quarter net income of $11 million.

The Bar Harbor, Maine-based bank said it had earnings of 72 cents per share.

The bank posted revenue of $56.9 million in the period. Its revenue net of interest expense was $38.5 million, which beat Street forecasts.

Bar Harbor shares have increased nearly 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.10, an increase of 13% in the last 12 months.

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