The latest announcement is out from Bar Harbor Bankshares ( (BHB) ).
On March 11, 2025, Bar Harbor Bankshares and Guaranty Bancorp, Inc. announced a merger agreement where Bar Harbor will acquire Guaranty in an all-stock transaction valued at approximately $41.6 million. The merger aims to expand Bar Harbor’s presence in New Hampshire and is expected to be 30% accretive to Bar Harbor’s earnings per share. The combined entity will operate under the Bar Harbor Bank & Trust name, with approximately 60 branches and $4.8 billion in assets, enhancing its position in Northern New England. The merger is anticipated to be completed in the second half of 2025, subject to regulatory and shareholder approvals.
More about Bar Harbor Bankshares
Bar Harbor Bankshares, founded in 1887, is a community bank headquartered in Maine, offering full-service banking across Maine, New Hampshire, and Vermont. Guaranty Bancorp, Inc., established in 1889, operates Woodsville Guaranty Savings Bank with a focus on providing financial services in New Hampshire.
YTD Price Performance: -2.38%
Average Trading Volume: 45,965
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $451.6M
Learn more about BHB stock on TipRanks’ Stock Analysis page.