Bar Harbor Bankshares Inc. (NYSE American:BHB) reported its second-quarter 2025 results, highlighting a GAAP net income of $6.1 million or $0.40 per diluted share, a decrease from the first quarter's $10.2 million or $0.66 per diluted share. Core earnings (Non-GAAP) rose to $10.8 million or $0.70 per diluted share, compared to $10.5 million or $0.68 per diluted share in the previous quarter. The company experienced a decrease in non-interest income, which dropped to $4.6 million from $9.5 million in the same quarter of 2024, primarily due to impairment losses of $4.9 million on available-for-sale debt securities and other receivables. Despite this, Bar Harbor Bankshares achieved a net interest margin expansion to 3.23% from 3.17% in the first quarter. In business updates, Bar Harbor Bankshares completed all regulatory approvals needed to acquire Guaranty Bancorp, Inc., the parent company of Woodsville Guaranty Savings Bank. This acquisition is poised to enhance the company's service offerings and presence in key markets. Additionally, the company was recognized by Forbes Magazine as one of America's "Best-in-State Banks" for the fourth consecutive year. The company also announced a dividend declaration.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。