Bar Harbor Bankshares Inc (BHB) - Net Assets
Based on the latest financial reports, Bar Harbor Bankshares Inc (BHB) has net assets worth $532.54 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.68 Billion) and total liabilities ($4.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BHB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $532.54 Million |
| % of Total Assets | 11.37% |
| Annual Growth Rate | 9.69% |
| 5-Year Change | 25.56% |
| 10-Year Change | 239.76% |
| Growth Volatility | 25.36 |
Bar Harbor Bankshares Inc - Net Assets Trend (1995–2025)
This chart illustrates how Bar Harbor Bankshares Inc's net assets have evolved over time, based on quarterly financial data. Also explore Bar Harbor Bankshares Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Bar Harbor Bankshares Inc (1995–2025)
The table below shows the annual net assets of Bar Harbor Bankshares Inc from 1995 to 2025. For live valuation and market cap data, see how much is Bar Harbor Bankshares Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $532.54 Million | +16.17% |
| 2024-12-31 | $458.43 Million | +6.10% |
| 2023-12-31 | $432.06 Million | +9.81% |
| 2022-12-31 | $393.45 Million | -7.24% |
| 2021-12-31 | $424.15 Million | +3.11% |
| 2020-12-31 | $411.34 Million | +3.77% |
| 2019-12-31 | $396.41 Million | +6.97% |
| 2018-12-31 | $370.58 Million | +4.49% |
| 2017-12-31 | $354.64 Million | +126.26% |
| 2016-12-31 | $156.74 Million | +1.68% |
| 2015-12-31 | $154.15 Million | +5.38% |
| 2014-12-31 | $146.29 Million | +20.52% |
| 2013-12-31 | $121.38 Million | -5.21% |
| 2012-12-31 | $128.05 Million | +8.51% |
| 2011-12-31 | $118.00 Million | +13.89% |
| 2010-12-31 | $103.61 Million | -8.73% |
| 2009-12-31 | $113.51 Million | +73.45% |
| 2008-12-31 | $65.44 Million | -0.80% |
| 2007-12-31 | $65.97 Million | +8.06% |
| 2006-12-31 | $61.05 Million | +8.82% |
| 2005-12-31 | $56.10 Million | +0.11% |
| 2004-12-31 | $56.04 Million | +5.51% |
| 2003-12-31 | $53.12 Million | -1.34% |
| 2002-12-31 | $53.84 Million | +2.47% |
| 2001-12-31 | $52.54 Million | +4.02% |
| 2000-12-31 | $50.51 Million | +2.77% |
| 1999-12-31 | $49.15 Million | +4.79% |
| 1998-12-31 | $46.90 Million | +10.35% |
| 1997-12-31 | $42.50 Million | +12.14% |
| 1996-12-31 | $37.90 Million | +14.01% |
| 1995-12-31 | $33.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bar Harbor Bankshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $532.54 Million | 100.00% |
| Total Equity | $532.54 Million | 100.00% |
Bar Harbor Bankshares Inc Competitors by Market Cap
The table below lists competitors of Bar Harbor Bankshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sappi Ltd
JSE:SAP
|
$519.44 Million |
|
Empresa Distribuidora y Comercializadora Norte SA ADR
NYSE:EDN
|
$519.48 Million |
|
Sino-Argi Leading Biosciences
SHG:603970
|
$519.60 Million |
|
Swaraj Engines Limited
NSE:SWARAJENG
|
$519.93 Million |
|
Core Lithium Ltd
AU:CXO
|
$519.19 Million |
|
Mesa Laboratories Inc
NASDAQ:MLAB
|
$519.17 Million |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
$519.05 Million |
|
Kenda Rubber Industrial Co Ltd
TW:2106
|
$518.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bar Harbor Bankshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 458,428,000 to 532,541,000, a change of 74,113,000 (16.2%).
- Net income of 36,919,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 51,536,000.
- Other factors decreased equity by 14,342,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $36.92 Million | +6.93% |
| Other Comprehensive Income | $51.54 Million | +9.68% |
| Other Changes | $-14.34 Million | -2.69% |
| Total Change | $- | 16.17% |
Book Value vs Market Value Analysis
This analysis compares Bar Harbor Bankshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.04x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $4.31 | $34.65 | x |
| 1996-12-31 | $4.63 | $34.65 | x |
| 1997-12-31 | $5.49 | $34.65 | x |
| 1998-12-31 | $6.07 | $34.65 | x |
| 1999-12-31 | $6.32 | $34.65 | x |
| 2000-12-31 | $6.68 | $34.65 | x |
| 2001-12-31 | $7.05 | $34.65 | x |
| 2002-12-31 | $7.34 | $34.65 | x |
| 2003-12-31 | $7.37 | $34.65 | x |
| 2004-12-31 | $7.76 | $34.65 | x |
| 2005-12-31 | $7.87 | $34.65 | x |
| 2006-12-31 | $8.69 | $34.65 | x |
| 2007-12-31 | $9.42 | $34.65 | x |
| 2008-12-31 | $9.67 | $34.65 | x |
| 2009-12-31 | $16.91 | $34.65 | x |
| 2010-12-31 | $12.03 | $34.65 | x |
| 2011-12-31 | $13.52 | $34.65 | x |
| 2012-12-31 | $14.52 | $34.65 | x |
| 2013-12-31 | $13.65 | $34.65 | x |
| 2014-12-31 | $16.32 | $34.65 | x |
| 2015-12-31 | $16.96 | $34.65 | x |
| 2016-12-31 | $17.14 | $34.65 | x |
| 2017-12-31 | $23.19 | $34.65 | x |
| 2018-12-31 | $23.81 | $34.65 | x |
| 2019-12-31 | $25.43 | $34.65 | x |
| 2020-12-31 | $26.94 | $34.65 | x |
| 2021-12-31 | $28.19 | $34.65 | x |
| 2022-12-31 | $26.04 | $34.65 | x |
| 2023-12-31 | $28.43 | $34.65 | x |
| 2024-12-31 | $29.94 | $34.65 | x |
| 2025-12-31 | $31.78 | $34.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bar Harbor Bankshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.17%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.80x
- Recent ROE (6.93%) is below the historical average (10.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 17.68% | 50.53% | 0.04x | 9.82x | $2.55 Million |
| 1996 | 17.68% | 31.60% | 0.06x | 9.11x | $2.91 Million |
| 1997 | 15.06% | 19.10% | 0.10x | 8.06x | $2.15 Million |
| 1998 | 14.07% | 18.91% | 0.09x | 8.36x | $1.91 Million |
| 1999 | 12.67% | 16.47% | 0.08x | 9.30x | $1.31 Million |
| 2000 | 9.50% | 11.31% | 0.09x | 9.23x | $-253.70K |
| 2001 | 6.68% | 8.48% | 0.08x | 9.27x | $-1.74 Million |
| 2002 | 8.48% | 11.80% | 0.07x | 10.29x | $-818.60K |
| 2003 | 9.80% | 13.86% | 0.06x | 10.99x | $-104.50K |
| 2004 | 10.23% | 14.89% | 0.06x | 11.90x | $127.80K |
| 2005 | 11.45% | 14.73% | 0.06x | 13.33x | $813.60K |
| 2006 | 11.27% | 12.97% | 0.06x | 13.51x | $773.90K |
| 2007 | 10.85% | 12.39% | 0.06x | 13.48x | $557.60K |
| 2008 | 11.81% | 12.88% | 0.06x | 14.86x | $1.19 Million |
| 2009 | 9.12% | 17.14% | 0.06x | 9.45x | $-1.00 Million |
| 2010 | 10.29% | 17.92% | 0.05x | 10.79x | $301.20K |
| 2011 | 9.36% | 19.24% | 0.05x | 9.89x | $-757.00K |
| 2012 | 9.74% | 21.43% | 0.04x | 10.18x | $-338.60K |
| 2013 | 10.86% | 22.76% | 0.04x | 11.32x | $1.05 Million |
| 2014 | 9.99% | 23.94% | 0.04x | 9.98x | $-15.70K |
| 2015 | 9.83% | 23.60% | 0.04x | 10.25x | $-262.20K |
| 2016 | 9.53% | 21.38% | 0.04x | 11.20x | $-741.00K |
| 2017 | 7.33% | 18.30% | 0.04x | 10.05x | $-9.47 Million |
| 2018 | 8.89% | 21.20% | 0.04x | 9.74x | $-4.12 Million |
| 2019 | 5.71% | 13.75% | 0.04x | 9.26x | $-17.02 Million |
| 2020 | 8.08% | 19.66% | 0.05x | 9.06x | $-7.89 Million |
| 2021 | 9.27% | 25.67% | 0.04x | 8.75x | $-3.12 Million |
| 2022 | 11.07% | 27.02% | 0.04x | 9.94x | $4.21 Million |
| 2023 | 10.38% | 29.82% | 0.04x | 9.19x | $1.65 Million |
| 2024 | 9.50% | 19.40% | 0.05x | 8.91x | $-2.30 Million |
| 2025 | 6.93% | 15.17% | 0.05x | 8.80x | $-16.34 Million |
Industry Comparison
This section compares Bar Harbor Bankshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $634,134,400
- Average return on equity (ROE) among peers: 7.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bar Harbor Bankshares Inc (BHB) | $532.54 Million | 17.68% | 7.80x | $519.43 Million |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $33.90 Million | 18.88% | 9.07x | $5.70 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $369.13 Million | 3.17% | 9.59x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $577.58 Million | -0.30% | 12.45x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $192.15 Million | 11.34% | 10.26x | $601.02 Million |
| Associated Banc-Corp (ASB) | $4.09 Billion | 7.50% | 7.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $79.49 Million | 2.48% | 14.08x | $62.60 Million |
About Bar Harbor Bankshares Inc
Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It offers deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company also p… Read more