The sequential NIM expansion and deposit cost reduction signal continued margin improvement in a stable rate environment. Watch for further wholesale borrowing paydowns and whether the securities portfolio unrealized loss trajectory stabilizes as rates move.
Price Chart
Executive Summary
Bar Harbor Bankshares reported Q3 2026 GAAP EPS of $0.96 and core EPS of $1.04, beating the Street consensus of $0.93 by +11.8%. Net interest margin expanded to 3.77% from 3.61% QoQ, driven by lower deposit costs and reduced wholesale borrowings. The company also declared a $0.34 dividend, maintaining the prior quarter's payout.
Key Financial Metrics
Key Facts
- Q3 2026 GAAP net income of $16.1M, or $0.96 per diluted share, vs $15.2M ($0.91) in Q2 2026
- Core EPS (Non-GAAP) of $1.04, beating consensus of $0.93 by +11.8%
- Net interest margin expanded to 3.77% from 3.61% QoQ and 3.56% YoY
- Total deposits grew 9% annualized QoQ to $3.94B; borrowings reduced by $123.7M
- Provision for credit losses was a recapture of $167K vs a $3.7M provision in Q3 2025
- Quarterly dividend of $0.34 per share declared, unchanged from Q2 2026
- Tangible book value per share declined to $22.61 from $23.43 QoQ due to higher AFS unrealized losses
Financial Impact
Core EPS of $1.04 beat consensus by $0.11 (+11.8%); NIM expanded 16bp QoQ to 3.77%
Risk Factors
- AFS securities unrealized losses increased to $72.9M from $45.0M QoQ, pressuring tangible book value
- Commercial and industrial loans declined 20% annualized QoQ, indicating potential loan demand softness
- Book value per share declined to $31.95 from $32.80 QoQ
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-118161 |
| Document: bhb-20261022x8k.htm | 0001104659-26-118161 |
| Document: 0001104659-26-118161-index-headers.html | 0001104659-26-118161 |
| Document: 0001104659-26-118161-index.html | 0001104659-26-118161 |
| Document: 0001104659-26-118161.txt | 0001104659-26-118161 |
| 8-K Data (Synthetic) | 0001104659-26-118161 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | 8-K | $40.46 $40.62 | ▲ +0.40% | ▼ −0.32% | $40.66 (+0.49%) |
Sep 21, 2026 5w ago | 8-K | $40.13 $39.41 | ▼ −1.79% | ▼ −1.07% | $40.66 (+1.32%) |
Sep 15, 2026 6w ago | 8-K | $40.42 $40.34 | ▼ −0.20% | ▼ −1.33% | $40.66 (+0.59%) |
Aug 15, 2026 10w ago | Institutional Cluster | $40.33 $40.58 | ▲ +0.62% | ▲ +1.30% | $40.66 (+0.82%) |
Apr 21, 2026 27w ago | 8-K | $34.27 $34.38 | ▲ +0.32% | ▲ +0.71% | $40.66 (+18.65%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers