---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-005310"
form_type: "8-K"
ticker: "BHB"
cik: "0000743367"
company_name: "BAR HARBOR BANKSHARES"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T20:00:33.884124+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bar Harbor Q1 GAAP EPS $0.66 vs $0.86 YoY; dividend raised 7% to $0.30; authorizes 5% stock buyback

## Summary
- Q1 GAAP net income $10.1M ($0.66 diluted EPS), down from $13.0M ($0.86) in Q1 2023.
- Board declared $0.30 quarterly dividend (+7% YoY), payable June 14, 2024 to holders of record May 16, 2024.
- Authorized repurchase of up to 5% of outstanding shares (~761,000) within 12 months.
- Net interest margin compressed to 3.14% from 3.54% a year ago; commercial loans grew 7% annualized.
- Wealth management AUM surpassed $3.0B; non-accruing loans remain low at 0.23% of total loans.

## SEC filing metadata
- accession: 0001558370-24-005310
- form_type: 8-K
- ticker: BHB
- cik: 0000743367
- company_name: BAR HARBOR BANKSHARES
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/743367/000155837024005310/0001558370-24-005310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/743367/000155837024005310/bhb-20240418x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-005310
- JSON: https://secwatch.observer/filing/0001558370-24-005310.json
- Plain text: https://secwatch.observer/filing/0001558370-24-005310.txt

## Key facts
- Earnings Releases
  BAR HARBOR BANKSHARES reported first quarter 2024 results: net income $10.1 million, EPS $0.66 per diluted share.
  - Period: first quarter 2024
  - Net income: $10.1 million
  - EPS: $0.66 per diluted share
  - Result: reported results
  source text: Bar Harbor Bankshares (NYSE American: BHB) (the “Company”) reported first quarter 2024 GAAP and core (Non-GAAP) net income of $10.1 million or $0.66 per diluted share compared to $13.0 million or $0.86 per diluted share in the same quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/743367/000155837024005310/0001558370-24-005310-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.