BAR HARBOR BANKSHARES (BHB)
US0668491006 - Common Stock
BHB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. While BHB is still in line with the averages on profitability rating, there are concerns on its financial health. BHB has a valuation in line with the averages, but it does not seem to be growing. Finally BHB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BHB was profitable.
BHB had a positive operating cash flow in the past year.
In the past 5 years BHB has always been profitable.
BHB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 1.13%, BHB is doing good in the industry, outperforming 72.57% of the companies in the same industry.
BHB has a Return On Equity of 10.38%. This is in the better half of the industry: BHB outperforms 63.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 10.38% | ||
| ROIC | N/A |
ROA(3y)1.1%
ROA(5y)0.96%
ROE(3y)10.24%
ROE(5y)8.91%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BHB's Profit Margin of 29.22% is fine compared to the rest of the industry. BHB outperforms 74.03% of its industry peers.
BHB's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for BHB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.22% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7.76%
PM growth 5Y1.08%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BHB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BHB has more shares outstanding
BHB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, BHB has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of BHB is 2.42, which is a good value as it means it would take BHB, 2.42 years of fcf income to pay off all of its debts.
BHB has a Debt to FCF ratio (2.42) which is in line with its industry peers.
BHB has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
BHB's Debt to Equity ratio of 0.23 is in line compared to the rest of the industry. BHB outperforms 50.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.42 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.61%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BHB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.69%.
The Earnings Per Share has been growing slightly by 6.84% on average over the past years.
BHB shows a small growth in Revenue. In the last year, the Revenue has grown by 3.02%.
Measured over the past years, BHB shows a small growth in Revenue. The Revenue has been growing by 5.26% on average per year.
EPS 1Y (TTM)0.69%
EPS 3Y10.63%
EPS 5Y6.84%
EPS growth Q2Q-18.07%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y2.58%
Revenue growth 5Y5.26%
Revenue growth Q2Q-8.59%
3.2 Future
The Earnings Per Share is expected to decrease by -2.10% on average over the next years.
The Revenue is expected to grow by 1.48% on average over the next years.
EPS Next Y-6.86%
EPS Next 2Y-2.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.58%
Revenue Next 2Y1.48%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.92, the valuation of BHB can be described as reasonable.
Based on the Price/Earnings ratio, BHB is valued a bit cheaper than the industry average as 62.62% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of BHB to the average of the S&P500 Index (28.28), we can say BHB is valued rather cheaply.
The Price/Forward Earnings ratio is 9.58, which indicates a very decent valuation of BHB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BHB indicates a somewhat cheap valuation: BHB is cheaper than 65.78% of the companies listed in the same industry.
BHB is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.92 | ||
| Fwd PE | 9.58 |
4.2 Price Multiples
BHB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.72 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as BHB's earnings are expected to decrease with -2.10% in the coming years.
PEG (NY)N/A
PEG (5Y)1.3
EPS Next 2Y-2.1%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BHB has a Yearly Dividend Yield of 4.61%, which is a nice return.
Compared to an average industry Dividend Yield of 3.78, BHB pays a bit more dividend than its industry peers.
BHB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.61% |
5.2 History
On average, the dividend of BHB grows each year by 6.80%, which is quite nice.
BHB has paid a dividend for at least 10 years, which is a reliable track record.
BHB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.8%
Div Incr Years19
Div Non Decr Years19
5.3 Sustainability
BHB pays out 36.93% of its income as dividend. This is a sustainable payout ratio.
DP36.93%
EPS Next 2Y-2.1%
EPS Next 3YN/A
BAR HARBOR BANKSHARES
NYSEARCA:BHB (5/3/2024, 7:04:00 PM)
After market: 26.15 0 (0%)26.15
+0.13 (+0.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap397.22M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.61% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.92 | ||
| Fwd PE | 9.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 10.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 29.22% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)0.69%
EPS 3Y10.63%
EPS 5Y
EPS growth Q2Q
EPS Next Y-6.86%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.02%
Revenue growth 3Y2.58%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y