Revenue: As of FY2026 Q2, the actual value is USD 49.65 M.

EPS: As of FY2026 Q2, the actual value is USD 0.91, beating the estimate of USD 0.9.

EBIT: As of FY2026 Q2, the actual value is USD 22.57 M.

Quarterly Cash Dividend

Bar Harbor Bankshares declared a quarterly cash dividend of $0.34 per share on July 21, 2026, payable on September 18, 2026, to shareholders of record as of August 20, 2026.

Second Quarter 2026 Highlights (compared to first quarter 2026)

• Net Interest Margin: 3.61%, up from 3.54% in the first quarter of 2026.
• Return on Assets: 1.31%.
• Core Return on Assets (Non-GAAP): 1.33%.
• Return on Equity: 11.16%.
• Core Return on Equity (Non-GAAP): 11.30%.
• Efficiency Ratio (Non-GAAP): 55.76%, an improvement from 56.92% in the first quarter of 2026.

Financial Condition (June 30, 2026 compared to March 31, 2026)

• Total Assets: Increased slightly to $4.7 billion at the end of the second quarter 2026, representing a 1% increase primarily driven by loan growth and increased interest-earning deposits with other banks.
• Total Cash and Cash Equivalents: $104.4 million at the end of the second quarter 2026, up from $82.2 million at the end of the first quarter 2026.
• Interest-Earning Deposits with Other Banks: Increased to $58.1 million at the end of the second quarter 2026, compared to $46.6 million at the end of the first quarter 2026.
• Available-for-Sale Debt Securities: $601.8 million, compared to $598.0 million at the end of the first quarter 2026.
  • Portfolio Unrealized Losses: -$45.0 million at quarter-end, an improvement from -$45.7 million at the end of the first quarter 2026.
  • Purchases: $27.4 million during the quarter.
  • Paydowns and Calls: $21.0 million during the quarter.
  • Net Accretion: $429 thousand during the quarter.
  • Weighted Average Yield: 4.06% for the quarter-to-date, compared to 4.05% at the end of the first quarter 2026.
  • Average Life: 7.2 years, compared to 7.6 years.
  • Effective Duration: 5.2 years, compared to 5.4 years.
• Federal Home Loan Bank Stock: Increased $3.8 million to $13.4 million at the end of the second quarter 2026, compared to $9.6 million at the end of the first quarter 2026.
• Total Loans: Increased $28.9 million to $3.6 billion in the second quarter 2026, compared to the first quarter 2026.
  • Commercial Real Estate Loans: Increased $20.3 million, driven by $59.0 million in originations, partially offset by $18.3 million in loans that matured and paid off.
  • Commercial and Industrial Loans: Increased $15.7 million, including $33.4 million of originations.
  • Residential Real Estate Loans: Decreased $10.4 million due to $29.1 million in payoffs and $11.0 million in paydowns, partially offset by $29.7 million in originations.
  • Loans Held for Sale: $10.2 million in the second quarter 2026, compared to $11.5 million in the first quarter 2026, with $24.9 million originated and $26.2 million sold.
• Allowance for Credit Losses (ACL) on Loans: $32.2 million at the end of the second quarter 2026, compared to $34.3 million at the end of the first quarter 2026, primarily due to a -$3.3 million partial charge-off.
• Premises and Equipment: Increased to $61.2 million, compared to $58.9 million at the end of the first quarter 2026.
• Bank Owned Life Insurance: Decreased $1.1 million, reflecting a death benefit.
• Total Deposits: Remained consistent at $3.9 billion at the end of the second quarter 2026.
  • Non-Interest Bearing Demand Deposits: Increased $26.8 million.
• Total Borrowings: Increased $65.5 million to $281.2 million, compared to $215.7 million in the first quarter 2026.
• Book Value Per Share: $32.80 at the end of the second quarter 2026, compared to $32.13 at the end of the first quarter 2026.
• Tangible Book Value Per Share (Non-GAAP): $23.43 at the end of the second quarter 2026, compared to $22.71 at the end of the first quarter 2026.

Results of Operations (June 30, 2026 compared to June 30, 2025)

• Net Interest Margin: 3.61% in the second quarter 2026, compared to 3.23% in the same quarter 2025.
  • Yield on Loans: Expanded 4 basis points to 5.52%, compared to 5.48% in the same period of 2025.
  • Interest-Bearing Deposit Costs: Decreased to 1.88%, compared to 2.28% in the same period of 2025.
• Total Interest and Dividend Income: Increased by 15% or $7.2 million to $55.9 million in the second quarter 2026, compared to $48.7 million in the second quarter 2025.
  • Yields on Earning Assets: Grew to 5.29%, compared to 5.23% in the second quarter 2025.
  • Securities Yield Expansion: 20 basis points to 4.06%, compared to 3.86% in the same period of 2025.
  • Residential Loan Yield: Increased to 4.62%, from 4.14% in the second quarter of 2025.
  • Commercial and Industrial Yield: Decreased to 6.17%, from 6.41% in the second quarter 2025.
• Total Interest Expense: Decreased -$806 thousand in the second quarter 2026, compared to the second quarter 2025.
  • Deposit Costs: Down -$873 thousand year-over-year.
  • Borrowing Costs: Increased $67 thousand, or 2% year-over-year.
• Provision for Credit Losses on Loans: $1.3 million in the second quarter 2026, compared to $528 thousand in the same period of 2025.
  • Allowance for Credit Losses to Total Loans Coverage Ratio: 0.89%, compared to 0.92% in the second quarter of 2025.
• Non-Interest Income: Increased $7.1 million to $11.7 million in the second quarter 2026, compared to $4.6 million in the same quarter 2025.
  • Customer Service Fees: Increased.
  • Loss on Sales of Securities: -$25 thousand, compared to -$4.9 million for the same period of 2025.
  • Trust Management Fee Income: Increased $314 thousand, driven by a 12% or $330.0 million increase in assets under management.
  • Bank Owned Life Insurance Income: Increased $815 thousand, primarily due to a death benefit.
• Non-Interest Expenses: Increased $2.7 million to $29.2 million in the second quarter 2026, compared to $26.5 million in the second quarter 2025.
  • Salaries and Employee Benefits: Costs increased to $16.8 million, compared to $14.3 million in the second quarter 2025, as full-time equivalents increased to 530 from 455.
  • Occupancy and Equipment: Increased $746 thousand.
  • Amortization of Intangible Assets: Increased $349 thousand.
  • Acquisition, Conversion and Other Expenses: Decreased -$1.2 million.
  • Other Expenses: Increased $896 thousand.
• Income Tax Expense: $4.0 million for the second quarter 2026, compared to $1.4 million for the second quarter of 2025.
  • GAAP Effective Tax Rate: 20.8%, compared to 18.5% in the second quarter 2025.

Other Key Metrics

• Net Charge-offs (recoveries)/average loans: 0.38% (current quarter annualized) for Q2 2026, compared to 0.03% for Q2 2025.
• Allowance for credit losses on loans/total loans: 0.89% for Q2 2026, compared to 0.92% for Q2 2025.
• Loans/deposits: 94% for Q2 2026, compared to 96% for Q2 2025.
• Shareholders’ equity to total assets: 11.59% for Q2 2026, compared to 11.40% for Q2 2025.
• Tangible shareholders’ equity to tangible assets: 8.56% for Q2 2026, compared to 8.67% for Q2 2025.

Outlook

Bar Harbor Bankshares is “well-positioned for what’s ahead” halfway through 2026, affirming its commitment to consistently delivering strong financial results and long-term shareholder value. The company has organically grown capital and has essentially earned back the dilution from its acquisition last year within a year.