Bar Harbor Bankshares (BHB) Operating Expenses: 2018-2021

Historic Operating Expenses for Bar Harbor Bankshares (BHB) over the last 4 years, with Dec 2021 value amounting to $22.9 million.

  • Bar Harbor Bankshares' Operating Expenses fell 17.60% to $22.9 million in Q4 2021 from the same period last year, while for Dec 2021 it was $90.5 million, marking a year-over-year decrease of 4.59%. This contributed to the annual value of $96.0 million for FY2024, which is 3.52% up from last year.
  • As of Q4 2021, Bar Harbor Bankshares' Operating Expenses stood at $22.9 million, which was down 1.93% from $23.4 million recorded in Q3 2021.
  • Bar Harbor Bankshares' Operating Expenses' 5-year high stood at $27.8 million during Q4 2020, with a 5-year trough of $17.9 million in Q3 2018.
  • Moreover, its 3-year median value for Operating Expenses was $22.5 million (2020), whereas its average is $22.9 million.
  • As far as peak fluctuations go, Bar Harbor Bankshares' Operating Expenses spiked by 33.37% in 2019, and later decreased by 17.60% in 2021.
  • Bar Harbor Bankshares' Operating Expenses (Quarterly) stood at $20.1 million in 2018, then skyrocketed by 33.37% to $26.8 million in 2019, then rose by 3.78% to $27.8 million in 2020, then decreased by 17.60% to $22.9 million in 2021.
  • Its Operating Expenses was $22.9 million in Q4 2021, compared to $23.4 million in Q3 2021 and $21.7 million in Q2 2021.