Bar Harbor Bankshares (BHB) Raises Quarterly Dividend 10% to $0.22; 3.3% Yield

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Bar Harbor Bankshares Reports First Quarter Results; Increases Dividend 10%

April 18, 2019 4:57 PM EDT

BAR HARBOR, Maine--(BUSINESS WIRE)-- Bar Harbor Bankshares (NYSE American: BHB or the Company) reported first quarter 2019 net income of $7.3 million or $0.47 diluted earnings per share. Earnings in the same quarter of 2018 totaled $7.8 million or $0.50 diluted earnings per share.

FIRST QUARTER FINANCIAL HIGHLIGHTS

6% annualized growth in total loans 102% loan to deposit ratio 0.66% non-accruing loans to total loans 0.03% net charge-offs to average loans 11% annualized increase in book value per share... More