M&A
confidence high
sentiment positive
materiality 0.75
Bar Harbor Bankshares to acquire Guaranty Bancorp in $41.6M all-stock deal
BAR HARBOR BANKSHARES
- All-stock transaction valued at ~$41.6M, or ~$56.94 per share; each Guaranty share exchanged for 1.85 Bar Harbor shares.
- Deal expected to be ~30% accretive to Bar Harbor EPS (ex one-time costs); combined pro forma assets ~$4.8B.
- Guaranty CEO James E. Graham to join Bar Harbor board; transaction targeted for completion in H2 2025.
- Voting agreement holders representing ~33.2% of Guaranty shares commit to vote in favor of merger.