BAR HARBOR, Maine (AP) — BAR HARBOR, Maine (AP) — Bar Harbor Bankshares Inc. (BHB) on Thursday reported first-quarter net income of $10.2 million.
The bank, based in Bar Harbor, Maine, said it had earnings of 66 cents per share. Earnings, adjusted for non-recurring costs, came to 68 cents per share.
The bank posted revenue of $56.5 million in the period. Its revenue net of interest expense was $37.9 million, which did not meet Street forecasts.
Bar Harbor shares have fallen 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.98, an increase of 22% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHB at https://www.zacks.com/ap/BHB
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