Bar Harbor Bankshares (BHB) Key Metrics
BHB valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $640.6M
- Enterprise value
- $824.8M
- P/E (TTM)
- 12.9 10-yr median 11.1
- Forward P/E
- 12.1
- PEG ratio
- —
- Price / sales
- 3.4 10-yr median 2.6
- Price / book
- 1.2 10-yr median 1.0
- EV / EBITDA
- — 10-yr median 5.5
- Dividend yield
- 3.45% $1.32 a year
- Beta
- 0.62
BHB key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBHB valuation Price multiples at each fiscal year-end price.
BHB returns How much profit the business earns on the capital it uses.
BHB per-share figures Results divided by the shares outstanding at year-end.
BHB financial health Debt, liquidity and how easily interest is covered.
BHB efficiency & capital use Working capital cycle and where the cash goes.
BHB valuation history
BHB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BHB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BHB cash returned to shareholders
BHB price vs earnings per share
BHB key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $520.3M | $468.2M | $446.1M | $484.2M | $435.3M | $345.0M | $395.8M | $349.1M | $413.0M | $288.5M |
| Enterprise value | $111.7M | $166.2M | $118.2M | $226.6M | −$160.1M | −$130.0M | $206.9M | $248.3M | $434.8M | $682.3M |
| P/E ratio | 14.1 | 10.8 | 9.9 | 11.1 | 11.1 | 10.4 | 17.5 | 10.6 | 15.9 | 19.3 |
| Price / sales | 2.1 | 2.1 | 3.0 | 3.0 | 2.8 | 2.0 | 2.4 | 2.2 | 2.9 | 4.1 |
| Price / book | 1.0 | 1.0 | 1.0 | 1.2 | 1.0 | 0.8 | 1.0 | 0.9 | 1.2 | 1.8 |
| Price / free cash flow | 12.0 | 10.4 | 10.9 | 8.8 | 7.4 | 11.0 | 14.5 | 10.6 | 11.2 | 23.1 |
| Price / operating cash flow | 10.8 | 8.9 | 9.4 | 8.4 | 7.2 | 9.0 | 10.9 | 9.3 | 10.3 | 17.2 |
| EV / sales | 0.5 | 0.7 | 0.8 | 1.4 | -1.0 | -0.8 | 1.3 | 1.6 | 3.1 | 9.8 |
| EV / EBITDA | 2.1 | 3.0 | — | 3.7 | — | — | 6.5 | 5.5 | 9.3 | 30.4 |
| EV / free cash flow | 2.6 | 3.7 | 2.9 | 4.1 | — | — | 7.6 | 7.5 | 11.8 | 54.6 |
| Earnings yield | 7.1% | 9.3% | 10.1% | 9.0% | 9.0% | 9.6% | 5.7% | 9.4% | 6.3% | 5.2% |
| Free cash flow yield | 8.4% | 9.6% | 9.2% | 11.4% | 13.5% | 9.1% | 6.9% | 9.4% | 9.0% | 4.3% |
| Dividend yield | 3.9% | 3.8% | 3.7% | 3.2% | 3.2% | 3.9% | 3.4% | 3.5% | 2.8% | 2.3% |
| Shareholder yield (dividends + buybacks) | 4.1% | 4.0% | 3.7% | 3.2% | 3.6% | 8.0% | 3.4% | 3.6% | 2.9% | 2.5% |
| Share price at fiscal year-end | $31.05 | $30.58 | $29.36 | $32.04 | $28.93 | $22.59 | $25.39 | $22.43 | $27.01 | $31.55 |
| Per share | ||||||||||
| Revenue per share | $14.52 | $14.66 | $9.90 | $10.67 | $10.17 | $11.07 | $10.55 | $9.98 | $9.29 | $7.64 |
| Earnings per share | $2.20 | $2.84 | $2.95 | $2.88 | $2.61 | $2.18 | $1.45 | $2.12 | $1.70 | $1.63 |
| Operating cash flow per share | $2.88 | $3.42 | $3.12 | $3.81 | $4.02 | $2.50 | $2.34 | $2.42 | $2.62 | $1.84 |
| Free cash flow per share | $2.59 | $2.94 | $2.69 | $3.64 | $3.91 | $2.06 | $1.75 | $2.12 | $2.42 | $1.37 |
| Cash per share | $40.48 | $38.70 | $41.42 | $43.13 | $57.74 | $53.11 | $46.20 | $52.98 | $52.84 | $58.77 |
| Book value per share | $31.78 | $29.94 | $28.43 | $26.04 | $28.19 | $26.94 | $25.43 | $23.81 | $23.19 | $17.14 |
| Tangible book value per share | $22.34 | $21.88 | $20.25 | $17.75 | $19.80 | $18.61 | $17.27 | $16.90 | $16.10 | $16.56 |
| Dividends per share | $1.22 | $1.16 | $1.09 | $1.01 | $0.94 | $0.88 | $0.86 | $0.78 | $0.75 | $0.72 |
| Capex per share | $0.29 | $0.48 | $0.43 | $0.17 | $0.11 | $0.44 | $0.59 | $0.31 | $0.21 | $0.47 |
| Debt per share | $16.09 | $18.98 | $19.84 | $26.09 | $18.17 | $22.00 | $34.09 | $46.50 | $54.27 | $101.84 |
| Shares outstanding | 16.8M | 15.3M | 15.2M | 15.1M | 15.0M | 15.3M | 15.6M | 15.6M | 15.3M | 9.1M |
| Change in shares outstanding | +9.4% | +0.8% | +0.6% | +0.4% | −1.5% | −2.0% | +0.1% | +1.8% | +67.2% | +0.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.5% | 9.8% | 10.9% | 10.7% | 9.4% | 8.2% | 5.9% | 9.1% | 10.2% | 9.6% |
| Return on invested capital (ROIC) | 26.6% | 33.4% | 48.9% | — | — | — | 9.5% | 10.2% | 5.6% | 4.5% |
| Return on assets (ROA) | 0.8% | 1.1% | 1.1% | 1.1% | 1.1% | 0.9% | 0.6% | 0.9% | 1.0% | 0.9% |
| Return on tangible assets | 0.8% | 1.1% | 1.2% | 1.2% | 1.1% | 0.9% | 0.6% | 0.9% | 0.8% | 0.9% |
| Free cash flow margin | 17.9% | 20.0% | 27.2% | 34.2% | 38.4% | 18.6% | 16.5% | 21.2% | 26.0% | 17.9% |
| Income quality (OCF / net income) | 1.31 | 1.20 | 1.06 | 1.32 | 1.54 | 1.15 | 1.61 | 1.15 | 1.54 | 1.12 |
| Financial health | ||||||||||
| Total debt | $269.6M | $290.6M | $301.5M | $394.2M | $273.3M | $336.0M | $531.3M | $723.8M | $829.7M | $931.1M |
| Cash & short-term investments | $678.3M | $592.6M | $629.4M | $651.8M | $868.7M | $811.1M | $720.1M | $824.6M | $807.9M | $537.3M |
| Net debt | −$408.6M | −$302.0M | −$327.9M | −$257.6M | −$595.3M | −$475.0M | −$188.8M | −$100.8M | $21.8M | $393.8M |
| Debt / equity | 0.51 | 0.63 | 0.70 | 1.00 | 0.64 | 0.82 | 1.34 | 1.95 | 2.34 | 5.94 |
| Debt / assets | 0.06 | 0.07 | 0.08 | 0.10 | 0.07 | 0.09 | 0.14 | 0.20 | 0.23 | 0.53 |
| Net debt / EBITDA | −7.78 | −5.39 | — | −4.20 | −10.78 | −10.01 | −5.93 | −2.24 | 0.46 | 17.54 |
| Current ratio | 0.17 | 0.17 | 0.19 | 0.19 | 9.16 | 8.68 | 0.24 | 0.33 | 0.34 | 0.37 |
| Quick ratio | 0.17 | 0.17 | 0.19 | 0.19 | 9.16 | 8.68 | 0.24 | 0.33 | 0.34 | 0.37 |
| Interest coverage | 0.6 | 0.7 | 1.3 | 4.3 | 3.2 | 1.5 | 0.6 | 1.1 | 1.8 | 1.7 |
| Working capital | −$3.28B | −$2.92B | −$2.75B | −$2.72B | $773.9M | $717.6M | −$2.32B | −$1.66B | −$1.54B | −$907.5M |
| Invested capital | $123.9M | $156.4M | $104.1M | $135.9M | −$171.2M | −$63.7M | $207.6M | $269.8M | $376.4M | $550.5M |
| Tangible asset value | $374.3M | $335.0M | $307.7M | $268.2M | $297.9M | $284.2M | $269.1M | $263.0M | $246.2M | $151.4M |
| Net current asset value | −$3.47B | −$3.03B | −$2.91B | −$2.86B | −$2.42B | −$2.50B | −$2.55B | −$2.41B | −$2.40B | −$1.06B |
| Graham number | $39.69 | $43.77 | $43.46 | $41.09 | $40.70 | $36.32 | $28.82 | $33.67 | $29.79 | $25.10 |
| Graham net-net per share | −$206.59 | −$198.05 | −$191.47 | −$189.49 | −$160.55 | −$163.87 | −$163.61 | −$154.84 | −$157.08 | −$116.08 |
| Capital allocation | ||||||||||
| Dividends paid | $20.4M | $17.8M | $16.6M | $15.3M | $14.1M | $13.4M | $13.4M | $12.2M | $11.5M | $6.6M |
| Share buybacks (net) | $827,000 | $1.0M | $0 | $215,000 | $1.5M | $14.2M | $239,000 | $324,000 | $282,000 | $497,000 |
| Dividend payout ratio | 55.3% | 40.9% | 36.9% | 35.2% | 35.8% | 40.4% | 59.1% | 37.0% | 44.3% | 44.0% |
| Dividends + buybacks / free cash flow | 48.8% | 41.8% | 40.5% | 28.2% | 26.6% | 87.9% | 50.0% | 38.0% | 31.9% | 56.6% |
| Capex / revenue | 2.0% | 3.3% | 4.3% | 1.6% | 1.1% | 4.0% | 5.6% | 3.1% | 2.2% | 6.2% |
| Capex / operating cash flow | 10.0% | 14.1% | 13.8% | 4.4% | 2.8% | 17.8% | 25.2% | 12.7% | 7.9% | 25.6% |
| Capex / depreciation | 0.78 | 2.17 | 1.03 | 0.49 | 0.31 | 1.17 | 1.84 | 1.06 | 0.72 | 2.61 |
| Stock-based compensation / revenue | 1.3% | 1.5% | 1.8% | 1.2% | 1.4% | 0.9% | 0.8% | 0.9% | 0.9% | 1.8% |
| SG&A / revenue | 30.6% | 26.1% | 37.2% | 31.8% | 31.8% | 29.8% | 30.1% | 29.6% | 31.6% | 30.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 22.6 | — | — | 2.7 | 2.7 | 3.0 | 5.1 | 4.5 | 2.5 | — |
| Days of inventory on hand | — | — | — | — | — | — | 17.5 | 11.5 | 1.4 | 4.8 |
| Days payables outstanding | — | — | — | 63,505.2 | 77,041.2 | 31,366.5 | 19,732.9 | 22,426.7 | 23,254.3 | 27,783.3 |
| Cash conversion cycle (days) | — | — | — | -63,502.5 | -77,038.5 | -31,363.4 | -19,710.3 | -22,410.7 | -23,250.3 | — |
| Receivables turnover | 16.17 | — | — | 134.59 | 132.81 | 119.73 | 71.99 | 80.97 | 146.14 | — |
| Payables turnover | — | — | — | 0.01 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 |
| Inventory turnover | — | — | — | — | — | — | 20.88 | 31.82 | 251.91 | 75.68 |
| Asset turnover | 0.06 | 0.06 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 | 0.04 |
| Average receivables | $15.0M | — | — | $1.2M | $1.2M | $1.4M | $2.3M | $1.9M | $972,000 | — |
| Average payables | — | — | — | $3.05B | $2.98B | $2.80B | $2.59B | $2.42B | $1.70B | $996.5M |
| Average inventory | — | — | — | — | — | — | $2.3M | $1.2M | $106,000 | $173,000 |
| Intangibles / total assets | 3.4% | 3.0% | 3.1% | 3.2% | 3.4% | 3.4% | 3.5% | 3.0% | 3.0% | 0.3% |
Computed from BHB's annual financial statements (latest annual report filed March 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BHB valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bar Harbor Bankshares traded at 14.1 times earnings, against a 10-year median of 11.1. Based on the latest twelve months, the trailing P/E is 12.9 and the forward P/E is 12.1. Bar Harbor Bankshares earned a return on equity of 7.5% and a return on invested capital of 26.6% in fiscal 2025. It ended the year with $269.6 million of debt and $678.3 million in cash and short-term investments, a net cash position of $408.6 million. It returned $21.2 million to shareholders: $20.4 million in dividends and $0.8 million in share buybacks, 49% of free cash flow. The share count rose 83.3% from 9.1M to 16.8M over 9 years.
See the BHB income statement, the BHB chart for price history, or the BHB stock overview for the latest quote and news.
BHB key metrics FAQ
What is Bar Harbor Bankshares's P/E ratio?
Bar Harbor Bankshares's trailing P/E ratio is 12.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.1. At the end of fiscal 2025 it was 14.1, compared with a 10-year median of 11.1.
What is Bar Harbor Bankshares's EV/EBITDA?
Bar Harbor Bankshares's enterprise value was 2.1 times EBITDA at the end of fiscal 2025 (enterprise value $111.7 million, EBITDA $52.5 million).
What is Bar Harbor Bankshares's return on equity?
Bar Harbor Bankshares's return on equity (ROE) was 7.5% in fiscal 2025: net income of $36.9 million on average shareholders' equity of $495.5 million.
What is Bar Harbor Bankshares's ROIC?
Bar Harbor Bankshares's return on invested capital was 26.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bar Harbor Bankshares have?
Bar Harbor Bankshares had total debt of $269.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.51 and more cash than debt.
What is Bar Harbor Bankshares's dividend yield?
Bar Harbor Bankshares's forward dividend yield is 3.45%. Bar Harbor Bankshares paid $20.4 million in dividends in fiscal 2025 ($1.22 per share), a payout ratio of 55.3%.
Does Bar Harbor Bankshares buy back its shares?
Yes. Bar Harbor Bankshares spent $0.8 million on net share repurchases in fiscal 2025 Shares outstanding changed +9.4% over the year, to 16.8M..
What is Bar Harbor Bankshares's free cash flow yield?
Bar Harbor Bankshares generated $43.5 million of free cash flow in fiscal 2025, a free cash flow yield of 8.4% on its market value at year-end ($520.3 million).
What is Bar Harbor Bankshares's current ratio?
Bar Harbor Bankshares's current ratio was 0.17 at the end of fiscal 2025: current assets were 0.17 times current liabilities.