--- title: "Bar Habour Bankshares | 10-K: FY2025 Revenue: USD 168.93 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/283959625.md" datetime: "2026-04-24T08:24:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283959625.md) - [en](https://longbridge.com/en/news/283959625.md) - [zh-HK](https://longbridge.com/zh-HK/news/283959625.md) --- # Bar Habour Bankshares | 10-K: FY2025 Revenue: USD 168.93 B Revenue: As of FY2025, the actual value is USD 168.93 B. EPS: As of FY2025, the actual value is USD 2.31, missing the estimate of USD 2.485. EBIT: As of FY2025, the actual value is USD 120.98 B. #### Net Income Bar Harbor Bankshares reported a net income of $36.9 million for the year ended December 31, 2025, a decrease from $43.5 million in 2024. #### Segment Revenue - **Net Interest Income**: Increased to $134.5 million in 2025 from $113.8 million in 2024. - **Non-interest Income**: Decreased to $34.6 million in 2025 from $36.9 million in 2024. - **Trust and Investment Management Fee Income**: Rose to $16.1 million in 2025 from $15.7 million in 2024, driven by higher assets under management (AUM) of $3.0 billion in 2025 compared to $2.8 billion in 2024. - **Customer Service Fees**: Increased 8% to $16.0 million in 2025 from $14.8 million in 2024. - **Customer Derivative Income**: Increased $1.1 million year-over-year. - **Loss on Available-for-Sale Debt Securities, Net**: Resulted in a -$5,329 thousand loss in 2025, compared to a $50 thousand gain in 2024, primarily due to a -$4.5 million loss on corporate debt securities and a -$549 thousand loss on a matured debt security. #### Operating Costs - **Total Non-interest Expense**: Increased to $117.7 million in 2025 from $96.0 million in 2024. - **Acquisition, Conversion, and Other Expenses**: Totaled $10.6 million in 2025, related to the Woodsville acquisition. - **Salaries and Employee Benefits**: Increased $5.7 million to $60.5 million in 2025, mainly due to increased personnel from the acquisition. - **Other Expenses**: Increased $5.5 million, including a $1.5 million increase in the provision for unfunded commitments, a $742 thousand increase in occupancy and equipment, and a $582 thousand increase in amortization of other intangibles, all related to the Woodsville acquisition. - **Efficiency Ratio**: Improved to 59.23% in 2025 from 61.83% in 2024. #### Asset Quality and Credit Losses - **Provision for Credit Losses on Loans**: Increased to $4.6 million in 2025 from $955 thousand in 2024, primarily due to a $4.0 million reserve on non-PCD loans from the Woodsville acquisition. - **Provision for Credit Losses on Available-for-Sale Debt Securities**: Was $636 thousand in 2025, down from $1.2 million in 2024. - **Allowance for Credit Losses on Loans**: Stood at $34.1 million at December 31, 2025, up from $28.7 million at December 31, 2024. - **Net Charge-offs**: Were $950 thousand in 2025, compared to $353 thousand in 2024, with the net charge-offs to average loans ratio remaining strong at 0.03% in 2025. - **Non-accruing loans/total loans**: Increased to 0.32% in 2025 from 0.22% in 2024. #### Balance Sheet Metrics - **Total Assets**: Increased to $4.7 billion at year-end 2025 from $4.1 billion at year-end 2024. - **Total Loans**: Reached $3.6 billion at year-end 2025, up from $3.1 billion at year-end 2024, with organic annualized commercial loan growth at 6%. - **Total Deposits**: Increased to $3.8 billion at year-end 2025 from $3.3 billion at year-end 2024. - **Total Borrowings**: Decreased to $269.6 million at December 31, 2025, from $290.6 million at December 31, 2024. - **Net Interest Margin**: Was 3.41% in 2025, an increase from 3.15% in the prior year. - **Yield on Earning Assets**: Totaled 5.28% at December 31, 2025, up from 5.18% at December 31, 2024. - **Cost of Interest-Bearing Deposits**: Decreased to 2.17% in 2025 from 2.37% in 2024, while borrowing costs increased to 4.69% from 4.40%. #### Cash Flow - **Net Cash Provided by Operating Activities**: Was $48,276 thousand in 2025, compared to $52,371 thousand in 2024. - **Net Cash Provided by Investing Activities**: Was $88,710 thousand in 2025, compared to -$141,885 thousand in 2024. - **Net Cash Used in Financing Activities**: Was -$128,311 thousand in 2025, compared to $66,834 thousand in 2024. #### Outlook / Guidance Bar Harbor Bankshares’ management anticipates that a 200 basis point decline in short-term and long-term interest rates over the next twelve months would lead to a deterioration in net interest income over one and two years. Conversely, a 200 basis point increase in rates is expected to improve net interest income over both one- and two-year horizons. The company maintains substantial liquidity, totaling approximately $1.0 billion as of December 31, 2025, from various sources. ### Related Stocks - [BHB.US](https://longbridge.com/en/quote/BHB.US.md) ## Related News & Research - [Analysts highlight high-yield dividend picks amid inflation risks](https://longbridge.com/en/news/286125288.md) - [Bar Harbor Bankshares, Inc. (NYSEAMERICAN:BHB) Declares Quarterly Dividend of $0.32](https://longbridge.com/en/news/273535123.md) - [Harbor Freight sells metal detectors, but are they any good? 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