Bar Harbor Bankshares: Q1 Earnings Insights

Bar Harbor Bankshares BHB reported its Q1 earnings results on Thursday, April 20, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Bar Harbor Bankshares beat estimated earnings by 7.5%, reporting an EPS of $0.86 versus an estimate of $0.8.

Revenue was up $6.48 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.56% increase in the share price the next day.

Here's a look at Bar Harbor Bankshares's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.82	0.75	0.69	0.66
EPS Actual	0.83	0.76	0.70	0.62
Revenue Estimate	40.50M	36.95M	35.54M	34.46M
Revenue Actual	41.18M	38.73M	35.48M	33.61M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Bar Harbor Bankshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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