BAR HARBOR, Maine (AP) — BAR HARBOR, Maine (AP) — Bar Harbor Bankshares Inc. (BHB) on Tuesday reported third-quarter profit of $8.9 million.
The bank, based in Bar Harbor, Maine, said it had earnings of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 95 cents per share.
The bank posted revenue of $66.5 million in the period. Its revenue net of interest expense was $47.5 million, topping Street forecasts.
Bar Harbor shares have decreased slightly more than 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $29.54, a fall of 1.5% in the last 12 months.
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