BAR HARBOR, Maine (AP) — BAR HARBOR, Maine (AP) — Bar Harbor Bankshares Inc. (BHB) on Thursday reported second-quarter profit of $10.8 million.
The Bar Harbor, Maine-based bank said it had earnings of 71 cents per share.
The bank posted revenue of $51.9 million in the period. Its revenue net of interest expense was $37.8 million, which beat Street forecasts.
Bar Harbor shares have decreased 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.52, a decline of roughly 6% in the last 12 months.
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, source Associated Press News