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BHBBar Harbor Bankshares, Inc.Hold6.4·$36.73-1.97%
HoldModerate Confidence
Investment thesis

BHB combines an attractive valuation, strong growth, and a perfect earnings beat streak, but the stock has already reached its prior target with a negative modeled asymmetry and a flagged yield trap tempering the setup.

Thesis pillars

  • Attractive Valuation With Strong GrowthStable
  • Yield Trap Warning Despite Strong MarginsStable
  • Perfect Earnings Beat Streak With CatalystStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Bar Harbor Bankshares, Inc. (BHB) Stock Analysis

Range Bound setup · Catalyst-Driven edge

HoldValueGrowthModerate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $36.73, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum.

Bar Harbor Bankshares is the parent of Bar Harbor Bank & Trust, the only community bank headquartered in Northern New England, operating more than 60 branch and wealth management locations across Maine, New Hampshire, and Vermont with over 450 employees. The bank held $3.6... Read more

$36.73+5.9% A.UpsideScore 6.4/10#49 of 223 Banks - Regional
QualityF-score8 / 9FCF yield
IncomeYield3.45%(5y avg 3.80%)Payout52.03%sustainable
Stop $34.59Target $38.88(resistance)A.R:R -2.0:1
Analyst target$38.00+3.5%2 analysts
$38.88our TP
$36.73price
$38.00mean
$35
$41

Hold if already holding. Not a fresh buy at $36.73, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: RSI 54 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.

Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Bar Harbor Bankshares, Inc.

About Bar Harbor Bankshares, Inc.

Bar Harbor Bankshares operates Bar Harbor Bank & Trust across more than 60 branch and wealth management locations in Maine, New Hampshire, and Vermont, holding $3.6 billion in total loans and an allowance for credit losses of $58.1 million, or 0.94% of total loans, as of December 31, 2025. Commercial real estate, commercial and industrial, and construction loans together made up approximately 66% of the loan portfolio, with real estate collateral securing 67.8% of total loans.

Bar Harbor earns net interest income from commercial real estate, commercial and industrial, residential, and consumer lending funded by core deposits gathered across its Maine, New Hampshire, and Vermont branch network, supplemented by fee income from trust and treasury management services, customer derivatives, and secondary-market mortgage sales that management describes as fundamental to profitability. The bank's wealth management arm, Bar Harbor Wealth Management, generates revenue tied to assets under management, exposing that income stream to market value swings. On the funding side, Bar Harbor competes for core deposits against local independent banks, regional and national bank branches, thrift institutions, and credit unions, and also draws on Federal Home Loan Bank and Federal Reserve Bank advances as wholesale funding sources. The bank recently acquired Guaranty Bancorp, integrating Woodsville's business into Bar Harbor Bank & Trust's operations.

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Bar Harbor's commercial real estate exposure carries elevated concentration risk distinct from its overall loan mix: within the non-owner-occupied CRE book, the top 10 loans alone represent 18.1% of total commercial real estate loans outstanding, and the bank separately holds $250.3 million in office loans carrying an 86% pass rating versus 95% for the broader commercial portfolio, a gap the filing flags without further mitigation detail. Because tourism, agriculture, and fishing anchor the regional economy across Northern New England, a downturn in any of those sectors would compound the office-loan softness already visible in the portfolio.

See also: Financial Services · Banks - Regional

From Bar Harbor Bankshares, Inc.'s most recent 10-K filing, extracted July 6, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 21, 202614d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Strong growth profile
Risks
Analyst target reached - limited upside remaining
Negative momentum

Key Metrics

P/E (TTM)15.4
P/E (Fwd)9.9
Mkt Cap$634M
EV/EBITDA
Profit Mgn23.3%
ROE8.0%
Rev Growth25.7%
Beta0.59
Dividend3.45%
Rating analysts6

Quality Signals

Piotroski F8/9

Options Flow

P/C0.75neutral
IV101%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Obv
1.0
Macd
1.4
Volume
1.7
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.1<4.5A.R:R -2.0=NEGATIVEEARNINGS PROXIMITY 14d<=14d (soft)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
54 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $35.66Resistance $39.67

Price Targets

$35
$39
A.Upside+5.9%
A.R:R-2.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-12.1% upside)
! momentum at 3.1 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-21 (14d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BHB stock a buy right now?

Hold if already holding. Not a fresh buy at $36.73, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: RSI 54 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $38.88 (+5.9%), stop $34.59 (−6.2%), A.R:R -2.0:1. Score 6.4/10, moderate confidence.

What is the BHB stock price target?

Take-profit target: $38.88 (+5.9% upside). Target $38.88 (+5.9%), stop $34.59 (−6.2%), A.R:R -2.0:1. Stop-loss: $34.59.

What are the risks of investing in BHB?

Analyst target reached - limited upside remaining; Negative momentum.

Is BHB overvalued or undervalued?

Bar Harbor Bankshares, Inc. trades at a P/E of 15.4 (forward 9.9). TrendMatrix value score: 8.9/10. Verdict: Hold.

What do analysts say about BHB?

6 analysts cover BHB with a consensus score of 3.8/5. Average price target: $38.

What does Bar Harbor Bankshares, Inc. do?Bar Harbor Bankshares is the parent of Bar Harbor Bank & Trust, the only community bank headquartered in Northern New...

Bar Harbor Bankshares is the parent of Bar Harbor Bank & Trust, the only community bank headquartered in Northern New England, operating more than 60 branch and wealth management locations across Maine, New Hampshire, and Vermont with over 450 employees. The bank held $3.6 billion in total loans as of December 31, 2025, with commercial real estate, commercial and industrial, and construction loans making up approximately 66% of the portfolio. Fee income from trust, treasury management, and secondary market mortgage sales supplements net interest income.

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