Bar Harbor Bankshares
barharbor.bankWhat Do They Do?
Provides banking services—including loans, deposit accounts, and wealth management—to businesses and consumers in Maine, New Hampshire, and Vermont.
10-K for FY2025, filed Mar 13, 2026Bar Harbor Bankshares (the “Company,” “we,” “our” or “us” or similar terms) is the parent company of Bar Harbor Bank & Trust (the "Bank”)…View ↗
Loans are originated in four basic portfolio categories, which are discussed below. These portfolios include the categories commercial real…View ↗
The Company is a bank holding company headquartered in Maine, providing a broad array of banking and nonbanking products and services to…View ↗
Segment Reporting: The Company’s reportable segment is determined by the Chief Executive Officer, who is designated as the chief operating…View ↗
How Do They Make Money?
It earns interest from loans and investment securities, while paying interest on deposits and borrowings, and collects fees for banking and wealth-management services. Trust and investment-management fees are usually charged monthly or quarterly; financial-services fees are earned when the service is completed, and card and deposit fees when transactions or services are completed.
10-K for FY2025, filed Mar 13, 2026The Company is a bank holding company headquartered in Maine, providing a broad array of banking and nonbanking products and services to…View ↗
Wealth Management: Wealth management assets held in a fiduciary or agent capacity are not included in the accompanying Consolidated Balance…View ↗
The trust management business generates revenue through a range of fiduciary services including trust and estate administration, financial…View ↗
Bar Harbor Financial Services is a branch office of Osaic, an independent registered broker dealer offering securities and insurance…View ↗
We earn interchange fees from transaction fees that merchants pay whenever a customer uses a debit card to make a purchase from their…View ↗
The customer deposit business offers a variety of deposit accounts with a range of interest rates, fee schedules and other terms, which are…View ↗
$209.5M
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10-K for FY2025, filed Mar 13, 2026
$209.5M ↗
Who Are Their Customers?
Businesses, entrepreneurs, and individuals in Maine, New Hampshire, and Vermont use its banking and wealth-management services through the Bank's branches and wealth-management offices.
10-K for FY2025, filed Mar 13, 2026Bar Harbor Bankshares (the “Company,” “we,” “our” or “us” or similar terms) is the parent company of Bar Harbor Bank & Trust (the "Bank”)…View ↗
We serve established and growing markets in Maine, New Hampshire, and Vermont with more than 48 thousand, 73 thousand, and 23 thousand…View ↗
We have 22 full-service branches in operation and two wealth management offices principally located in the regions of downeast, midcoast…View ↗
We have 30 full-service branches in operation and five wealth management offices in New Hampshire located in the Lake Sunapee, Upper…View ↗
We have 10 full-service branches in operation in Vermont. The branches are primarily located in central Vermont within Rutland, Windsor…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 18 cents of every revenue dollar as net income in FY2025 and turned 21 cents into free cash flow.
How Are They Changing?
Growing. Revenue grew 7.4x in 4 years, from $28.4M in FY2021 to $209.5M in FY2025, about 65% a year.
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