Bar Harbor Bankshares Management
Management criteria checks 4/4
Bar Harbor Bankshares' CEO is Curtis Simard, appointed in Aug 2013, has a tenure of 11.33 years. total yearly compensation is $1.84M, comprised of 38.9% salary and 61.1% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $3.51M. The average tenure of the management team and the board of directors is 8.2 years and 10.1 years respectively.
Key information
Curtis Simard
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 38.9% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 8.2yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
Do Institutions Own Bar Harbor Bankshares (NYSEMKT:BHB) Shares?
Mar 10
Be Sure To Check Out Bar Harbor Bankshares (NYSEMKT:BHB) Before It Goes Ex-Dividend
Feb 12Bar Harbor Bankshares (NYSEMKT:BHB) Is An Attractive Dividend Stock - Here's Why
Jan 19Does Bar Harbor Bankshares' (NYSEMKT:BHB) CEO Salary Compare Well With Industry Peers?
Dec 24
Would Shareholders Who Purchased Bar Harbor Bankshares' (NYSEMKT:BHB) Stock Three Years Be Happy With The Share price Today?
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$42m |
| Jun 30 2024 | n/a | n/a | US$41m |
| Mar 31 2024 | n/a | n/a | US$42m |
| Dec 31 2023 | US$2m | US$716k | US$45m |
| Sep 30 2023 | n/a | n/a | US$47m |
| Jun 30 2023 | n/a | n/a | US$48m |
| Mar 31 2023 | n/a | n/a | US$47m |
| Dec 31 2022 | US$2m | US$695k | US$44m |
| Sep 30 2022 | n/a | n/a | US$41m |
| Jun 30 2022 | n/a | n/a | US$40m |
| Mar 31 2022 | n/a | n/a | US$39m |
| Dec 31 2021 | US$2m | US$675k | US$39m |
| Sep 30 2021 | n/a | n/a | US$38m |
| Jun 30 2021 | n/a | n/a | US$36m |
| Mar 31 2021 | n/a | n/a | US$35m |
| Dec 31 2020 | US$2m | US$655k | US$33m |
| Sep 30 2020 | n/a | n/a | US$29m |
| Jun 30 2020 | n/a | n/a | US$25m |
| Mar 31 2020 | n/a | n/a | US$23m |
| Dec 31 2019 | US$1m | US$635k | US$23m |
| Sep 30 2019 | n/a | n/a | US$26m |
| Jun 30 2019 | n/a | n/a | US$30m |
| Mar 31 2019 | n/a | n/a | US$32m |
| Dec 31 2018 | US$1m | US$605k | US$33m |
| Sep 30 2018 | n/a | n/a | US$32m |
| Jun 30 2018 | n/a | n/a | US$32m |
| Mar 31 2018 | n/a | n/a | US$30m |
| Dec 31 2017 | US$1m | US$525k | US$26m |
Compensation vs Market: Curtis's total compensation ($USD1.84M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Curtis's compensation has been consistent with company performance over the past year.
CEO
Curtis Simard (53 yo)
11.3yrs
Tenure
US$1,839,140
Compensation
Mr. Curtis C. Simard has been the Chief Executive Officer and President of Bar Harbor Bankshares since August 9, 2013 and its subsidiary Bar Harbor Bank and Trust Company (formerly known as Bar Harbor Bank...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.3yrs | US$1.84m | 0.73% $ 3.5m | |
| Executive VP | 8.2yrs | US$941.07k | 0.24% $ 1.2m | |
| President of Bar Harbor Wealth Management | 2.9yrs | US$634.52k | 0.11% $ 524.0k |
8.2yrs
Average Tenure
52yo
Average Age
Experienced Management: BHB's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.5yrs | US$1.84m | 0.73% $ 3.5m | |
| Independent Chairman | 10.6yrs | US$81.99k | 0.13% $ 620.9k | |
| Independent Director | 21.6yrs | US$71.99k | 0.30% $ 1.5m | |
| Independent Director | 9.6yrs | US$81.99k | 0.079% $ 382.8k | |
| Independent Director | 20.6yrs | US$81.99k | 0.17% $ 827.2k | |
| Independent Director | 19.5yrs | US$76.99k | 0.12% $ 580.5k | |
| Independent Director | 8.6yrs | US$83.99k | 0.071% $ 341.5k | |
| Independent Director | 2.6yrs | US$71.99k | 0.026% $ 124.0k | |
| Independent Director | 1.6yrs | US$59.86k | 0.035% $ 170.6k | |
| Independent Director | less than a year | no data | 0.0072% $ 34.9k |
10.1yrs
Average Tenure
62yo
Average Age
Experienced Board: BHB's board of directors are seasoned and experienced ( 10.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:33 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bar Harbor Bankshares is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Damon DelMonte | Keefe, Bruyette, & Woods |
| Alexander Roberts Twerdahl | Piper Sandler Companies |
| Mark Fitzgibbon | Piper Sandler Companies |