Bar Harbor Q2 profit rises as securities losses ease
BHB•Overview
- US community bank's Q2 net income and EPS rose sequentially from prior quarter
- Net interest margin improved to 3.61% from 3.54% in Q1 2026
- Company raised quarterly dividend to $0.34 per share from $0.32 in Q1
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 EPS | Beat | $0.91 | $0.90 (2 Analysts) |
| Q2 Net Income | Slight Beat* | $15.20 mln | $15.05 mln (2 Analysts) |
| Q2 Adjusted ROE | 11.30% | ||
| Q2 Credit Loss Allowance | $32.20 mln | ||
| Q2 Net Interest Margin | 3.61% | ||
| Q2 ROE | 11.16% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Outlook and result drivers
-
Outlook - Company did not provide specific guidance or forecasts for the current or future periods
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Loan growth - Higher loan balances, especially in commercial real estate and commercial and industrial segments, drove increased interest income
