Bar Harbor Bankshares Q2 2025 Results: Net Income Falls to $6.1M, EPS Drops to $0.40; Core Earnings Rise to $10.8M, EPS Increases to $0.70

Reuters
07-23
<a href="https://laohu8.com/S/BHB">Bar Harbor Bankshares</a> <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Income Falls to $6.1M, EPS Drops to $0.40; Core Earnings Rise to $10.8M, EPS Increases to $0.70

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bar Harbor Bankshares Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1051462) on July 22, 2025, and is solely responsible for the information contained therein.

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