Bar Harbor Bankshares

BHB · NYSE American

$38.71+$0.60 (+1.57%)TodayMarket closed · Oct 20, 8:00 PM ET

Prev close $38.11

BHB analyst rating

BuyConsensus of 3 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform0
Sell0

12-month price target · 3 analysts

Average $41.82 (+8.0% upside)

Low: $38.38
Now: $38.71
High: $46.20

Upgrades and downgrades

The latest rating actions, newest first

BHB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Jul 28, 2026	Maintains	Overweight	$41.00 → $44.00	68%
Keefe, Bruyette & Woods	Jul 22, 2026	Maintains	Market Perform	$36.00 → $38.00	64%
Piper Sandler	Jun 26, 2026	Maintains	Overweight	$39.00 → $41.00	68%
Piper Sandler	Apr 22, 2026	Maintains	Overweight	$38.00 → $39.00	68%
Piper Sandler	Mar 16, 2026	Initiates	Overweight	$38.00	68%
Piper Sandler	Jan 23, 2026	Maintains	Overweight	$36.00 → $38.00	74%
Keefe, Bruyette & Woods	Oct 23, 2025	Maintains	Market Perform	$33.00 → $34.00	64%

The case for and against

Updated Jan 26, 2026

Bull case

Bar Harbor Bankshares has demonstrated a positive financial trajectory, highlighted by a 33 basis point increase in net interest margin (NIM) to 3.56%, largely attributed to the benefits of the recent Guaranty acquisition. The company's end-of-period (EOP) deposits, excluding acquired accounts, saw a substantial 16% increase quarter-over-quarter, driven by growth in non-interest bearing demand and money market accounts, while EOP loan balances, excluding acquired loans, rose approximately 2% due to a 5% growth in commercial loans. Additionally, the reported pre-provision net revenue (PPNR) of $20.1 million exceeded expectations, benefiting from improved net interest income and reduced expenses, leading to raised earnings per share (EPS) estimates and a stronger forward outlook.

Bear case

Bar Harbor Bankshares Inc. is experiencing a lower fee income outlook primarily due to decreased expectations in mortgage banking and other non-interest income, particularly from trust and investment management fees, resulting in third-quarter fee income of $10.5 million, falling short of prior forecasts. Despite a slight decline in non-performing assets, the company's stock has underperformed, with a 10% decrease over the past several months, indicating challenges relative to peers and broader market indices. Additionally, significant risks including potential credit cost increases, reduced loan demand, and margin pressure pose further threats to the company's earnings outlook.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.