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Bar Harbor Bankshares (BHB) Rent Expense: 2018-2021

Historic Rent Expense for Bar Harbor Bankshares (BHB) over the last 4 years, with Dec 2021 value amounting to $4.1 million.

  • Bar Harbor Bankshares' Rent Expense fell 2.08% to $4.1 million in Q4 2021 from the same period last year, while for Dec 2021 it was $16.4 million, marking a year-over-year decrease of 2.36%. This contributed to the annual value of $13.8 million for FY2024, which is 3.00% up from last year.
  • Latest data reveals that Bar Harbor Bankshares reported Rent Expense of $4.1 million as of Q4 2021, which was up 1.89% from $4.0 million recorded in Q3 2021.
  • In the past 5 years, Bar Harbor Bankshares' Rent Expense ranged from a high of $4.4 million in Q1 2020 and a low of $2.9 million during Q2 2018.
  • Its 3-year average for Rent Expense is $3.9 million, with a median of $4.1 million in 2021.
  • As far as peak fluctuations go, Bar Harbor Bankshares' Rent Expense surged by 36.10% in 2019, and later fell by 5.84% in 2021.
  • Quarterly analysis of 4 years shows Bar Harbor Bankshares' Rent Expense stood at $3.0 million in 2018, then spiked by 36.10% to $4.1 million in 2019, then increased by 1.92% to $4.2 million in 2020, then fell by 2.08% to $4.1 million in 2021.
  • Its Rent Expense was $4.1 million in Q4 2021, compared to $4.0 million in Q3 2021 and $3.9 million in Q2 2021.