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Bar Harbor: Q2 Earnings Snapshot

Last Updated Jul 21, 2021 at 4:30 pm MDT

BAR HARBOR, Maine (AP) _ Bar Harbor Bankshares Inc. (BHB) on Wednesday reported second-quarter earnings of $9 million.

The bank, based in Bar Harbor, Maine, said it had earnings of 60 cents per share. Earnings, adjusted for non-recurring costs, were 63 cents per share.

The bank posted revenue of $36.7 million in the period. Its revenue net of interest expense was $32.3 million, which matched Street forecasts.

Bar Harbor shares have increased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.12, a rise of 29% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHB at https://www.zacks.com/ap/BHB

The Associated Press