Bar Harbor Bankshares (BHB) Balance Sheet
BHB balance sheet, 2025
December 31, 2025 · U.S. dollars$4.68B assets = $4.15B liabilities + $532.5M equity
Both columns are drawn to the same scale: what BHB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BHB financial health
Descriptive bands, not a rating. Fiscal 2025.
BHB balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.76B2016 | $4.68B2025 | +11.5%/yr | |
| Total liabilities | $1.60B2016 | $4.15B2025 | +11.2%/yr | |
| Shareholders’ equity | $156.7M2016 | $532.5M2025 | +14.6%/yr | |
| Cash & short-term investments | $537.3M2016 | $678.3M2025 | +2.6%/yr | |
| Total debt | $931.1M2016 | $269.6M2025 | −12.9%/yr | |
| Net cash (debt) | −$393.8M2016 | $408.6M2025 | +$802.4M | |
| Working capital | −$907.5M2016 | −$3.28B2025 | −$2.4B | |
| Book value per share | $17.142016 | $31.782025 | +7.1%/yr | |
| Debt / equity | 5.942016 | 0.512025 | −5.43 | |
| Shares outstanding | 9.1M2016 | 16.8M2025 | +7.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BHB assets
BHB liabilities and equity
BHB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BHB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $678.3M | $592.6M | $629.4M | $651.8M | $868.7M | $811.1M | $720.1M | $824.6M | $807.9M | $537.3M |
| Cash & equivalents | $80.8M | $72.2M | $94.8M | $92.3M | $250.4M | $226.0M | $56.9M | $98.8M | $90.7M | $8.4M |
| Short-term investments | $597.4M | $520.5M | $534.6M | $559.5M | $618.3M | $585.0M | $663.2M | $725.8M | $717.2M | $528.9M |
| Receivables | $15.0M | $0 | $0 | $1.2M | $1.2M | $1.1M | $1.7M | $2.9M | $972,000 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $2.2M | $2.4M | $122,000 | $90,000 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $678.3M | $592.6M | $629.4M | $651.8M | $868.7M | $811.1M | $720.1M | $824.6M | $807.9M | $537.3M |
| Property, plant & equipment (net) | $58.2M | $51.2M | $48.3M | $47.6M | $49.4M | $52.5M | $51.2M | $48.8M | $47.7M | $23.4M |
| Goodwill & intangible assets | $158.2M | $123.4M | $124.3M | $125.3M | $126.2M | $127.1M | $127.3M | $107.5M | $108.5M | $5.3M |
| Long-term investments | $597.4M | $520.5M | $534.6M | $559.5M | $618.3M | $2.57B | $3.31B | $3.24B | $3.23B | $1.12B |
| Other non-current assets | $3.19B | $2.80B | $2.63B | $2.53B | $2.05B | $167.3M | $0 | $0 | $0 | $70.7M |
| Total assets | $4.68B | $4.08B | $3.97B | $3.91B | $3.71B | $3.73B | $3.67B | $3.61B | $3.57B | $1.76B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $3.04B | $3.05B | $2.91B | $2.70B | $2.48B | $2.35B | $1.05B |
| Short-term debt | $134.8M | $249.7M | $240.8M | $331.4M | $94.8M | $93.5M | $348.1M | $647.9M | $649.5M | $394.5M |
| Total current liabilities | $3.96B | $3.52B | $3.38B | $3.37B | $94.8M | $93.5M | $3.04B | $2.48B | $2.35B | $1.44B |
| Long-term debt | $52.8M | $40.6M | $90.5M | $394.2M | $178.5M | $60.0M | $59.9M | $43.0M | $43.0M | $5.0M |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $142.4M | $66.9M | $66.4M | $0 | $0 | $182.6M | $168.9M | $711.7M | $815.4M | $148.8M |
| Total liabilities | $4.15B | $3.62B | $3.54B | $3.52B | $3.29B | $3.31B | $3.27B | $3.24B | $3.21B | $1.60B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $35.5M | $32.9M | $32.9M | $32.9M | $32.9M | $32.9M | $32.9M | $32.9M | $32.9M | $13.6M |
| Retained earnings (deficit) | $314.4M | $297.9M | $272.1M | $243.8M | $215.6M | $195.6M | $175.8M | $166.5M | $145.0M | $130.5M |
| Treasury stock | — | — | — | −$16.8M | −$17.5M | −$18.2M | −$4.7M | −$4.7M | −$5.3M | −$6.0M |
| Accumulated other comprehensive income | −$35.4M | −$51.5M | −$49.9M | −$58.3M | $2.3M | $11.0M | $3.9M | −$11.8M | −$4.6M | −$4.3M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $532.5M | $458.4M | $432.1M | $393.4M | $424.1M | $411.3M | $396.4M | $370.6M | $354.6M | $156.7M |
| Key figures | ||||||||||
| Total debt | $269.6M | $290.6M | $301.5M | $394.2M | $273.3M | $336.0M | $531.3M | $723.8M | $829.7M | $931.1M |
| Net cash (debt) | $408.6M | $302.0M | $327.9M | $257.6M | $595.3M | $475.0M | $188.8M | $100.8M | −$21.8M | −$393.8M |
| Working capital | −$3.28B | −$2.92B | −$2.75B | −$2.72B | $773.9M | $717.6M | −$2.32B | −$1.66B | −$1.54B | −$907.5M |
| Tangible book value | $374.3M | $335.0M | $307.7M | $268.2M | $297.9M | $284.2M | $269.1M | $263.0M | $246.2M | $151.4M |
| Book value per share | $31.78 | $29.94 | $28.43 | $26.04 | $28.19 | $26.94 | $25.43 | $23.81 | $23.19 | $17.14 |
| Shares outstanding | 16.8M | 15.3M | 15.2M | 15.1M | 15.0M | 15.3M | 15.6M | 15.6M | 15.3M | 9.1M |
| Current ratio | 0.17 | 0.17 | 0.19 | 0.19 | 9.16 | 8.68 | 0.24 | 0.33 | 0.34 | 0.37 |
| Quick ratio | 0.18 | 0.17 | 0.19 | 0.19 | 9.18 | 8.69 | 0.24 | 0.33 | 0.34 | 0.37 |
| Debt / equity | 0.51 | 0.63 | 0.70 | 1.00 | 0.64 | 0.82 | 1.34 | 1.95 | 2.34 | 5.94 |
| Equity / assets | 11.4% | 11.2% | 10.9% | 10.1% | 11.4% | 11.0% | 10.8% | 10.3% | 9.9% | 8.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $648.0M | $247.0M | $678.3M | $662.9M | $558.6M | $407.0M | $592.6M | $617.1M | $614.8M | $603.8M | $629.4M | $632.3M |
| Cash & equivalents | $46.3M | $82.2M | $80.8M | $136.7M | $87.0M | $88.1M | $72.2M | $81.2M | $101.8M | $76.2M | $94.8M | $122.8M |
| Short-term investments | $601.8M | $164.8M | $597.4M | $526.1M | $471.6M | $318.8M | $520.5M | $535.9M | $512.9M | $527.6M | $534.6M | $509.5M |
| Receivables | $16.1M | $0 | $15.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $648.0M | $247.0M | $678.3M | $662.9M | $558.6M | $407.0M | $592.6M | $617.1M | $614.8M | $82.6M | $629.4M | $632.3M |
| Property, plant & equipment (net) | $61.2M | $58.9M | $58.2M | $58.8M | $52.6M | $51.7M | $51.2M | $51.6M | $51.6M | $47.8M | $48.3M | $47.8M |
| Goodwill & intangible assets | $157.1M | $157.6M | $158.2M | $158.8M | $122.9M | $123.2M | $123.4M | $123.6M | $123.9M | $124.1M | $124.3M | $124.6M |
| Long-term investments | $601.8M | $598.0M | $597.4M | $526.1M | $471.6M | $512.8M | $520.5M | $535.9M | $512.9M | $527.6M | $534.6M | $509.5M |
| Other non-current assets | $3.27B | $3.61B | $3.19B | $3.31B | $2.91B | $2.97B | $2.80B | $2.70B | $2.73B | $3.18B | $2.63B | $2.67B |
| Total assets | $4.74B | $4.68B | $4.68B | $4.72B | $4.11B | $4.06B | $4.08B | $4.03B | $4.03B | $3.96B | $3.97B | $3.98B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $3.14B |
| Short-term debt | $227.5M | $80.3M | $134.8M | $57.6M | $256.2M | $199.7M | $249.7M | $140.9M | $264.1M | $204.2M | $240.8M | $304.5M |
| Total current liabilities | $4.08B | $3.95B | $3.96B | $4.01B | $3.55B | $3.50B | $3.52B | $3.40B | $3.40B | $3.33B | $3.38B | $1.84B |
| Long-term debt | $135.6M | $135.4M | $52.8M | $52.2M | $297.1M | $40.6M | $40.6M | $105.6M | $60.8M | $60.8M | $60.7M | $367.5M |
| Other long-term liabilities | $0 | $54.9M | $142.4M | $138.3M | $0 | $58.8M | $66.9M | $62.4M | $129.9M | $131.2M | $96.2M | $0 |
| Total liabilities | $4.19B | $4.14B | $4.15B | $4.20B | $3.64B | $3.60B | $3.62B | $3.57B | $3.60B | $3.52B | $3.54B | $367.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $35.5M | $35.5M | $35.5M | $35.5M | $32.8M | $32.8M | $32.9M | $32.9M | $32.9M | $32.9M | $32.9M | $32.9M |
| Retained earnings (deficit) | $332.0M | $322.5M | $314.4M | $308.0M | $304.5M | $303.4M | $297.9M | $291.4M | $283.7M | $278.0M | $272.1M | $266.4M |
| Accumulated other comprehensive income | −$37.1M | −$38.7M | −$35.4M | −$40.0M | −$48.8M | −$48.8M | −$51.5M | −$43.1M | −$55.5M | −$52.6M | −$49.9M | −$71.4M |
| Total shareholders' equity | $549.6M | $537.9M | $532.5M | $521.0M | $468.9M | $467.3M | $458.4M | $459.9M | $438.9M | $435.7M | $432.1M | $404.2M |
| Key figures | ||||||||||||
| Total debt | $281.2M | $215.7M | $269.6M | $192.2M | $297.1M | $240.6M | $290.6M | $201.8M | $324.9M | $264.9M | $301.5M | $672.0M |
| Net cash (debt) | $366.9M | $31.3M | $408.6M | $470.7M | $261.6M | $166.4M | $302.0M | $415.3M | $289.9M | $338.9M | $327.9M | −$39.7M |
| Working capital | −$3.43B | −$3.70B | −$3.28B | −$3.34B | −$2.99B | −$3.09B | −$2.92B | −$2.78B | −$2.79B | −$3.25B | −$2.75B | −$1.21B |
| Tangible book value | $392.5M | $380.3M | $374.3M | $362.1M | $345.9M | $344.1M | $335.0M | $336.3M | $315.0M | $311.6M | $307.7M | $279.6M |
| Book value per share | $32.70 | $32.01 | $31.78 | $31.99 | $30.50 | $30.36 | $29.87 | $30.01 | $28.73 | $28.53 | $28.39 | $26.60 |
| Shares outstanding | 16.8M | 16.8M | 16.8M | 16.3M | 15.4M | 15.4M | 15.3M | 15.3M | 15.3M | 15.3M | 15.2M | 15.2M |
| Current ratio | 0.16 | 0.06 | 0.17 | 0.17 | 0.16 | 0.12 | 0.17 | 0.18 | 0.18 | 0.02 | 0.19 | 0.34 |
| Quick ratio | 0.16 | 0.06 | 0.18 | 0.17 | 0.16 | 0.12 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | 0.34 |
| Debt / equity | 0.51 | 0.40 | 0.51 | 0.37 | 0.63 | 0.51 | 0.63 | 0.44 | 0.74 | 0.61 | 0.70 | 1.66 |
| Equity / assets | 11.6% | 11.5% | 11.4% | 11.0% | 11.4% | 11.5% | 11.2% | 11.4% | 10.9% | 11.0% | 10.9% | 10.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 13, 2026); data from EODHD.
BHB financial position
At the end of fiscal 2025 (December 31, 2025), Bar Harbor Bankshares had total assets of $4.7 billion (up 14.7% from a year earlier), total liabilities of $4.2 billion and shareholders' equity of $532.5 million. It held $678.3 million in cash and short-term investments against $269.6 million of debt, a net cash position of $408.6 million. Its current ratio was 0.17. In the latest quarter (ended June 30, 2026) total assets were $4.7 billion and equity $549.6 million.
Related: BHB income statement, BHB cash flow statement, BHB key metrics. See the BHB stock overview for the latest quote and news.
BHB balance sheet FAQ
What are Bar Harbor Bankshares's total assets?
Bar Harbor Bankshares reported total assets of $4.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.1 billion a year earlier.
How much debt does Bar Harbor Bankshares have?
Bar Harbor Bankshares had $269.6 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.51.
How much cash does Bar Harbor Bankshares have?
Bar Harbor Bankshares held $678.3 million in cash and short-term investments at the end of fiscal 2025; with $269.6 million of debt that is net cash of $408.6 million.
What is Bar Harbor Bankshares's book value?
Bar Harbor Bankshares's shareholders' equity (book value) was $532.5 million at the end of fiscal 2025, or $31.78 per share.
What is Bar Harbor Bankshares's current ratio?
Bar Harbor Bankshares had current assets of $678.3 million and current liabilities of $4.0 billion, a current ratio of 0.17 (current liabilities exceed current assets).
How much goodwill does Bar Harbor Bankshares have?
Bar Harbor Bankshares carried $158.2 million of goodwill and intangible assets, 3.4% of total assets, at the end of fiscal 2025.