Bar Harbor: Q4 Earnings Snapshot

Associated Press
Updated 1 min read
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BAR HARBOR, Maine (AP) _ Bar Harbor Bankshares Inc. (BHB) on Thursday reported fourth-quarter net income of $12.5 million.

The bank, based in Bar Harbor, Maine, said it had earnings of 83 cents per share.

The bank posted revenue of $46.4 million in the period. Its revenue net of interest expense was $41.2 million, exceeding Street forecasts.

For the year, the company reported profit of $43.6 million, or $2.88 per share. Revenue was reported as $149 million.

Bar Harbor shares have fallen 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.42, a decrease of slightly more than 1% in the last 12 months.

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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

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