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Bar Harbor Bankshares (BHB) Interest Expense - Deposits: 2009-2024

Historic Interest Expense - Deposits for Bar Harbor Bankshares (BHB) over the last 16 years, with Dec 2024 value amounting to $61.7 million.

  • Bar Harbor Bankshares' Interest Expense - Deposits fell 60.23% to $1.4 million in Q4 2021 from the same period last year, while for Dec 2021 it was $8.5 million, marking a year-over-year decrease of 52.65%. This contributed to the annual value of $61.7 million for FY2024, which is 61.37% up from last year.
  • Latest data reveals that Bar Harbor Bankshares reported Interest Expense - Deposits of $61.7 million as of FY2024, which was up 61.37% from $38.2 million recorded in FY2023.
  • Bar Harbor Bankshares' Interest Expense - Deposits' 5-year high stood at $61.7 million during FY2024, with a 5-year trough of $7.3 million in FY2022.
  • For the 3-year period, Bar Harbor Bankshares' Interest Expense - Deposits averaged around $35.8 million, with its median value being $38.2 million (2023).
  • Its Interest Expense - Deposits has fluctuated over the past 5 years, first crashed by 52.65% in 2021, then surged by 420.59% in 2023.
  • Bar Harbor Bankshares' Interest Expense - Deposits (Yearly) stood at $18.0 million in 2020, then tumbled by 52.65% to $8.5 million in 2021, then decreased by 14.03% to $7.3 million in 2022, then spiked by 420.59% to $38.2 million in 2023, then surged by 61.37% to $61.7 million in 2024.