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Bar Harbor Bankshares ( (BHB) ) has issued an announcement.
Bar Harbor Bankshares announced a quarterly cash dividend of $0.30 per share on January 23, 2025, payable on March 20, 2025, reflecting the company’s continued financial stability and strategic growth. In the fourth quarter of 2024, the company reported a net income increase to $11 million, driven by commercial loan growth and wealth management income, highlighting its robust financial condition and strategic focus on expanding its commercial and industrial lending capabilities.
More about Bar Harbor Bankshares
Bar Harbor Bankshares operates within the financial services industry, focusing on commercial loans, wealth management, and treasury management services. The company is recognized for its strong financial performance and commitment to maintaining a balance between growth and earnings.
YTD Price Performance: 4.88%
Average Trading Volume: 40,254
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $482M
For a thorough assessment of BHB stock, go to TipRanks’ Stock Analysis page.