Bar Harbor Bankshares Files 8-K with Financial Updates

TL;DR

BHB dropped an 8-K: financial results, Reg FD, other events, and exhibits are in. Check it.

AI Summary

On April 18, 2024, Bar Harbor Bankshares filed an 8-K report detailing its financial results and other relevant events. The filing includes information on its operations and financial condition, as well as disclosures related to Regulation FD and other corporate events. The report also contains financial statements and exhibits.

Why It Matters

This 8-K filing provides investors with crucial updates on Bar Harbor Bankshares' financial performance and operational status, enabling informed investment decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing reporting financial results and other standard corporate events, not indicating any immediate significant risks.

Key Players & Entities

• BAR HARBOR BANKSHARES (company) — Registrant
• 0001558370-24-005310 (accession_number) — Filing Accession Number
• April 18, 2024 (date) — Report Date
• Maine (location) — State of Incorporation
• 001-13349 (commission_file_number) — SEC File Number

FAQ

Key Financial Figures

• $2.00 — ch registered Common Stock, par value $2.00 per share BHB NYSE American Indic
• $0.30 — ) declared a quarterly cash dividend of $0.30 per share to shareholders of record at

Filing Documents

• bhb-20240418x8k.htm (8-K) — 43KB
• bhb-20240418xex99d1.htm (EX-99.1) — 1482KB
• bhb-20240418xex99d1001.jpg (GRAPHIC) — 13KB
• 0001558370-24-005310.txt ( ) — 1723KB
• bhb-20240418.xsd (EX-101.SCH) — 3KB
• bhb-20240418_lab.xml (EX-101.LAB) — 16KB
• bhb-20240418_pre.xml (EX-101.PRE) — 11KB
• bhb-20240418x8k_htm.xml (XML) — 5KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On April 18, 2024, Bar Harbor Bankshares, or the Company, issued a press release reporting our financial results for the quarter ended March 31, 2024, or the Earnings Release. The full text of the Earnings Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K, or this Report, and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information furnished under this Item 2.02 of this Report and the exhibit attached hereto are deemed to be "furnished" and shall not be deemed "filed" for the purpose of Section 18 of the Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Act, or the Exchange Act.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On April 18, 2024, we announced in the Earnings Release that our Board of Directors (i) declared a quarterly cash dividend of $0.30 per share to shareholders of record at the close of business on May 16, 2024 and will be payable on June 14, 2024 and (ii) authorized a repurchase plan, or the Plan, of up to 5% of our outstanding common stock, representing approximately 761,000 shares, as of March 31, 2024. The disclosure contained in Item 2.02 of this Report, including the Earnings Release furnished as Exhibit 99.1 to this Report, is incorporated into this Item 7.01 by reference. In accordance with General Instruction B.2 of Form 8-K, the information furnished under this Item 7.01 of this Report and the exhibit attached hereto are deemed to be "furnished" and shall not be deemed "filed" for the purpose of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act .

01 Other Events

Item 8.01 Other Events On April 18, 2024, we announced that our Board of Directors authorized the Plan. The Plan does not obligate the repurchase of any particular amount of the Company's common stock, and may be suspended or discontinued at any time without notice. Share repurchases, if any, will be made from time to time in the open market, through block trades, or otherwise, in private negotiated transactions. The timing and amount of any share repurchases will depend on a variety of factors, including, among others, securities law restrictions (including limitations provided in Rules 10b-18 and 10b5-1 under the Exchange Act, the trading price of the Company's common stock, other regulatory requirements, potential alternative uses for capital, and the Company's financial performance. The Plan does not require the Company to acquire any particular amount of common stock, and the Plan may be modified or suspended at any time at our Board of Directors' discretion.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated April 18, 2024 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Bar Harbor Bankshares April 18, 2024 By: /s/ Curtis C. Simard Curtis C. Simard President and CEO

View Full Filing

View this 8-K filing on SEC EDGAR