BAR HARBOR, Maine (AP) — BAR HARBOR, Maine (AP) — Bar Harbor Bankshares Inc. (BHB) on Tuesday reported third-quarter profit of $11.1 million.
The Bar Harbor, Maine-based bank said it had earnings of 73 cents per share.
The bank posted revenue of $54 million in the period. Its revenue net of interest expense was $38 million, surpassing Street forecasts.
Bar Harbor shares have fallen 24% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.33, a drop of 13% in the last 12 months.
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