BHB

Bar Harbor Bankshares

Financial Services · $662M market cap

Is BHB undervalued?

Share price

$39.47

as of Oct 22, 2026

Fair value

$55.24

Sticker Price

Payback Price

$22.10

buy price

Undervalued

BHB is Undervalued: at $39.47 it trades 29% below its fair value of $55.24. Its buy price (Payback Price) is $22.10, 44% below today's price. Business quality is mixed: 2 of 5 key numbers clear the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth11.2% a year✓
Equity per share growth7.0% a year✗
Sales growth8.3% a year✗
Free cash flow growth11.4% a year✓
Return on invested capital5.6%✗

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Questions about BHB

What is BHB's fair value?

$55.24 as of Oct 22, 2026, worked out with the Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

At what price would BHB be a buy?

At or below its buy price of $22.10, a 60% margin of safety below its fair value.

Is BHB undervalued right now?

BHB is Undervalued: at $39.47 it trades 29% below its fair value and 79% above its buy price.

How can I check BHB's value myself?

Use the free Sticker Price calculator, already filled with BHB's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →

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About Bar Harbor Bankshares

Bar Harbor Bankshares acts as the parent organization for Bar Harbor Bank & Trust, which delivers a full spectrum of banking services covering commercial, retail, lending, and wealth management. The bank offers a variety of deposit products, including both interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, time deposits, and certificates of deposit (CDs). Its lending activities cover multiple areas: commercial real estate, providing financing for multi-family dwellings, construction projects, land development, and other business properties; commercial and industrial loans extended to agricultural and various commercial entities, including those with tax-exempt status; residential real estate loans, primarily in the form of mortgages for 1-4 unit homes; and consumer loans, which include home equity loans and lines of credit, auto loans, and other installment financing. Beyond core banking, Bar Harbor Bank & Trust supplies life insurance, annuity, and retirement planning products, alongside general financial planning advice. It also assists clients with third-party investment and insurance solutions. Furthermore, the institution's wealth management division offers trust and estate administration, extensive wealth advisory, and investment management services designed for individuals, businesses, non-profit organizations, and local municipalities. These specialized services encompass 401K plan administration, detailed financial, estate, and charitable planning, family office support, municipal advisory, and tax services. The bank operates through a network of 53 branches situated across Maine, New Hampshire, and Vermont. Founded in 1887, its main office is located in Bar Harbor, Maine.

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Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Oct 22, 2026. How the Payback Price works