BHBBAR HARBOR BANKSHARES
State Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $678M
- Employees
- 530
- Net debt / EBITDA
- —
- $31M net debt
- AI in 10-K
- 0.7
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo131% of net incomeCash flow under 80% of net income
- Dilutive SBCYes10% of revenueOver 10% of revenue
- Payouts exceed cash flowNo72% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo3% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$55K · 46th pctBottom quartile of its SIC industry
- Quiet on AINo0.7 per 10K words · 26th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$678M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$43K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $28M | $29M | — | — | — | |
| Net income | $39M | $44M | $45M | $44M | $37M | 15% |
| Operating cash flow | $59M | $56M | $47M | $52M | $48M | 7.8% |
| Capex | $2M | $3M | $7M | $7M | $5M | 35% |
| Stock-based comp | $2M | $2M | $3M | $3M | $3M | 6.4% |
| Dividends | $14M | $15M | $17M | $18M | $20M | 15% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $43K · 2
- Open-market sells, 12 mo
- $0 · 0
- Net
- $43K
Pay vs performance
No pay-versus-performance disclosure yet.