Head-to-Head Survey: Bar Harbor Bankshares (BHB) vs. Competitors
Bar Harbor Bankshares (NYSE: BHB – Get a rating) is one of 315 SOEs in the “state commercial banking” sector, but how does it stand out from its peers? We will compare Bar Harbor Bankshares to similar companies based on valuation strength, earnings, analyst recommendations, risk, profitability, institutional ownership and dividends.
Analyst Notes
This is a summary of recent ratings from Bar Harbor Bankshares and its peers, as reported by MarketBeat.com.
| Sales Ratings | Hold odds | Buy reviews | Strong buy odds | Rating | |
| Bar Harbor Bankshares | 0 | 0 | 0 | 0 | N / A |
| Bar Harbor Bankshares competitors | 2282 | 9815 | 7785 | 578 | 2.33 |
As a group, the companies of the “state commercial banks” have an upside potential of 38.38%. Given that Bar Harbor Bankshares’ peers have higher upside potential, analysts clearly believe that Bar Harbor Bankshares has less favorable growth aspects than its peers.
Volatility and risk
Bar Harbor Bankshares has a beta of 0.86, which means its stock price is 14% less volatile than the S&P 500. Comparatively, Bar Harbor Bankshares’ peers have a beta of 0.67, which means that their average price is 33% less volatile than the S&P 500.
Profitability
This table compares the net margins, return on equity and return on assets of Bar Harbor Bankshares and its peers.
| Net margins | Return on equity | return on assets | |
| Bar Harbor Bankshares | 25.88% | 9.60% | 1.08% |
| Bar Harbor Bankshares competitors | 28.56% | 12.44% | 1.31% |
Valuation and benefits
This chart compares revenue, earnings per share (EPS), and valuation of Bar Harbor Bankshares and its peers.
| Gross revenue | Net revenue | Price/earnings ratio | |
| Bar Harbor Bankshares | $153.07 million | $39.30 million | 9.73 |
| Bar Harbor Bankshares competitors | $1.30 billion | $321.66 million | 11.19 |
Bar Harbor Bankshares peers have higher revenue and earnings than Bar Harbor Bankshares. Bar Harbor Bankshares trades at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Dividends
Bar Harbor Bankshares pays an annual dividend of $1.04 per share and has a dividend yield of 4.1%. Bar Harbor Bankshares pays 40.3% of its profits in the form of a dividend. As a group, the “state commercial bank” companies pay a dividend yield of 2.5% and pay out 26.3% of their profits as a dividend. Bar Harbor Bankshares has increased its dividend for 2 consecutive years.
Insider and Institutional Ownership
51.3% of Bar Harbor Bankshares shares are held by institutional investors. By comparison, 51.9% of the shares of all “state commercial bank” companies are held by institutional investors. 2.1% of Bar Harbor Bankshares shares are held by insiders. By comparison, 10.5% of the shares of all “state commercial bank” companies are held by insiders. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a company will outperform the market over the long term.
Summary
Bar Harbor Bankshares’ peers beat Bar Harbor Bankshares on 10 of the 12 factors compared.
Bar Harbor Bankshares Company Profile (Get a rating)
Bar Harbor Bankshares operates as the holding company of Bar Harbor Bank & Trust which provides commercial banking, lending, retail and wealth management services. It accepts various deposit products, including interest-bearing and non-interest-bearing current accounts, savings accounts, term deposits and money market deposit accounts, as well as certificates of deposit. The Company also offers commercial real estate loans, such as multi-family buildings, commercial constructions and land developments, as well as other categories of commercial real estate; commercial and industrial loans, including loans to commercial and agricultural businesses and tax-exempt entities; residential real estate loans consist of mortgages for 1 to 4 family dwellings; and consumer loans include home equity loans, lines of credit, auto loans and other installment loans. In addition, it offers life insurance, annuity and retirement products, as well as financial planning services; and investment and insurance services for third parties. Additionally, the company provides trust and estate administration, wealth advisory and investment management services to individuals, businesses, non-profit organizations and municipalities; and 401K plan, financial, estate and charitable planning, investment management, family office, municipal and tax services. It operates 53 locations in Maine, New Hampshire and Vermont. The company was founded in 1887 and is based in Bar Harbor, Maine.
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