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Bar Harbor Bankshares (BHB) Research & Development: 2015-2024

Historic Research & Development for Bar Harbor Bankshares (BHB) over the last 10 years, with Dec 2024 value amounting to $759,000.

  • Bar Harbor Bankshares' Research & Development rose 5.67% to $205,000 in Q4 2021 from the same period last year, while for Dec 2021 it was $912,000, marking a year-over-year increase of 2.24%. This contributed to the annual value of $759,000 for FY2024, which is 8.90% up from last year.
  • Latest data reveals that Bar Harbor Bankshares reported Research & Development of $759,000 as of FY2024, which was up 8.90% from $697,000 recorded in FY2023.
  • Over the past 5 years, Bar Harbor Bankshares' Research & Development peaked at $912,000 during FY2021, and registered a low of $697,000 during FY2023.
  • For the 3-year period, Bar Harbor Bankshares' Research & Development averaged around $778,667, with its median value being $759,000 (2024).
  • Per our database at Business Quant, Bar Harbor Bankshares' Research & Development fell by 20.80% in 2023 and then rose by 8.90% in 2024.
  • Yearly analysis of 5 years shows Bar Harbor Bankshares' Research & Development stood at $892,000 in 2020, then increased by 2.24% to $912,000 in 2021, then dropped by 3.51% to $880,000 in 2022, then decreased by 20.80% to $697,000 in 2023, then rose by 8.90% to $759,000 in 2024.