Bar Harbor Bankshares, Inc. · AMEX:BHB
Bar Harbor Bankshares — Q2 2026 Earnings Presentation
27 slides from Bar Harbor Bankshares's earnings presentation, Jul 27, 2026
Slide 1: Investor Presentation
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Slide 2: Legal Disclaimer: Cautionary Statement Regarding Forward-Looking Statements
Legal Disclaimer Cautionary Statement Regarding Forward-Looking Statements This presentation, including any oral statements made regarding the contents of this presentation, contains certain statements that are not historical facts that may constitute forward-looking statements within the meaning of
Slide 3: Legal Disclaimer: Non-GAAP Financial Measures
Legal Disclaimer Non-GAAP Financial Measures This presentation contains certain non-GAAP financial measures in addition to results presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). These non-GAAP measures are intended to provide the reade
Slide 4: A Bank that Thinks Differently
A Bank that Thinks Differently • Employee and customer experience is the foundation of our performance, which leads to financial benefits to our shareholders, including a consistent history of expanding dividends • Commitment to risk management • Service and sales driven culture with a focus on core
Slide 5: Overview of Bar Harbor Bank & Trust
Overview of Bar Harbor Bank & Trust • We strive to be one of the most profitable banks in New England • Seasoned management team with strong market knowledge and industry experience • Track record of generating growth and expanding dividends • Employee and customer experience is the foundation of su
Slide 6: Senior Executive Team
Senior Executive Team Curtis C. Simard President & Chief Executive Officer • Joined as President & CEO of Bar Harbor Bank & Trust in June of 2013 • Served as Managing Director of Corporate Banking for TD Bank • Over 30+ years of industry experience SVP, Chief Human Resources Officer Alison DiPaola •
Slide 7: Our Markets
Our Markets The Bank serves a wide range of markets in Maine, New Hampshire and Vermont. Within our markets, tourism, service, distribution, agriculture, and the working waterfront remain strong and continue to drive economic activity. These core markets have also maintained their strength through d
Slide 8: Confirmation of our Durability
Confirmation of our Durability 8
Slide 9: Fostering Sustainable Communities
Fostering Sustainable Communities Note: Information as of December 31, 2025 9
Slide 10: Enhancing our New Hampshire Franchise
10 Enhancing our New Hampshire Franchise • Closed the Guaranty acquisition effective July 31, 2025; successfully completed system conversion in early October • This strategic expansion enabled Bar Harbor Bank & Trust to add nine New Hampshire branches, broadening the Bank’s footprint in an adjacent,
Slide 11: BHB Stock Dividend Rate
BHB Stock Dividend Rate • Deliver consistently high dividend yields 11 Peer Average calculated based on the peer group's public filings. Peer group defined in BHB 2026 Proxy, filed on March 19, 2026
Slide 12: BHB: Investment Summary
BHB: Investment Summary • We set out to build a balanced Bank that is not overly reliant on any one business, with a strong risk-focused culture, and a judicious approach to managing capital through all market conditions. We do this by: • Growing market share as our high-touch, solutions-based servi
Slide 13: Q2 2026 Overview
Q2 2026 Overview • 1.31% return on assets, 1.33% core return on assets1 • 11.16% return on equity, 11.30% core return on equity1 • 3% annualized Loan growth • 3.61% net interest margin1 • 56% efficiency ratio1 • 0.44% non-performing assets ratio to total assets 13 1 For a reconciliation of non-GAAP
Slide 14: Year-to-Date 2026 Overview
Year-to-Date 2026 Overview • 1.24% return on assets, 1.30% core return on assets1 • 10.63% return on equity, 11.13% core return on equity1 • 6% annualized organic commercial loan growth2 • 3.57% net interest margin1 • 56% efficiency ratio1 • 0.44% non-performing assets ratio to total assets 14 1 For
Slide 15: Diversification of Non-Interest Income
Diversification of Non-Interest Income • We have diverse sources of non-interest income that continue to be a significant contribution in any rate environment • Mortgage production is opportunistically managed between balance sheet and secondary market sales • Bar Harbor Wealth Management, along wit
Slide 16: Loans – Focus on Profitability
Loans – Focus on Profitability • Continue to prudently evaluate our loan portfolio mix & strategy • As of Q2 2026, Commercial Loans have increased from 64% to 69% of the Loan Portfolio since Q2 2022 16
Slide 17: Credit-Oriented Culture
Credit-Oriented Culture Asset quality remains sound in Q2 2026 • Loans 30 days past due at 6/30/2026 were 0.28% of total loans, compared to 0.55% at 3/31/2026 and 0.27% at 6/30/2025. • Non-accruing loans ended the quarter at 0.32% of total loans, which was down from 0.65% for Q1 2026. • Net charge-o
Slide 18: Asset Quality
Asset Quality 18 0 400 800 1,200 1,600 2,000 2,400 2,800 3,200 3,600 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Thousands Net Charge Offs $ 0.00% 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NPAs as a % of Total Assets 0.00% 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% 0.70% Q2 20
Slide 19: Deposits – Consistent Funding Source
Deposits – Consistent Funding Source 19 • Stable deposit trends • Consistent core funding for balance sheet growth Non-interest bearing demand, 17% Interest-bearing demand, 30% Savings, 16% Money market, 13% Time deposits, 24% Deposit Product Mix as of 6/30/2026 73% 75% 76% 76% 76% 27% 25% 24% 24% 2
Slide 20: Continued Commitment to Strong Capital
Continued Commitment to Strong Capital 20 Note: The blue horizontal lines indicate minimum required levels for “well-capitalized” banks Capital ratios for the second quarter 2026 are not yet available 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00% 13.00% 14.00% 15.00% Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q
Slide 21: Interest Rate Sensitivity Position
Interest Rate Sensitivity Position 21 • The Bank’s net interest income (“NII”) sensitivity is slightly asset sensitive as the bank continues to optimize its balance sheet mix to maximize margin while limiting risk to acceptable levels. • Economic value of equity (“EVE”) is slightly liability sensiti
Slide 22: Investor Relations Contact Information
Investor Relations Contact Information 22 Facebook @BHBTsocial LinkedIn Bar Harbor Bank & Trust Instagram @BHBTSocial Connect with us on Social Media Visit our Website barharbor.bank/shareholder-relations Contact by Phone 207-288-2637 Write to us at Bar Harbor Bankshares Attn: Investor Relations PO
Slide 23: Appendix
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Slide 24: Historical Financial Performance
Historical Financial Performance 24 1 Capital ratios for the second quarter 2026 are not yet available Unaudited 2023Y 2024Y 2025Y 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 Balance Sheet Total Assets $3,971 $4,083 $4,684 $4,112 $4,717 $4,684 $4,676 $4,743 Total Loans 2,999 3,147 $3,606 3,153 3,584 3,606 3,
Slide 25: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations 25 2023Y 2024Y 2025Y 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 Year to Date 2026 Net income $ 44,852 $ 43,544 $ 36,919 $ 6,092 $ 8,855 $ 11,761 $ 13,537 $ 15,221 $ 28,758 Non-core items: (Gain) loss on available-for-sale debt securities(6) (34) (50) 5,329 4,942 (41) 428 — 2
Slide 26: Non-GAAP to GAAP Reconciliations (continued)
Non-GAAP to GAAP Reconciliations (continued) 26 2023Y 2024Y 2025Y 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 Year to Date 2026 Total revenue $ 152,748 $ 150,727 $ 168,934 $ 34,541 $ 47,526 $ 48,942 $ 47,286 $ 49,651 $ 96,937 Total non-interest expense 92,723 95,987 117,727 26,538 32,739 33,799 29,827 29,182
Slide 27: Non-GAAP to GAAP Reconciliations (continued)
Non-GAAP to GAAP Reconciliations (continued) 27 2023Y 2024Y 2025Y 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2 Year to Date 2026 Performance ratios (4) GAAP return on assets 1.14% 1.09% 0.85% 0.60% 0.78% 1.00% 1.18% 1.31% 1.24% Core return on assets (2) (A/F) 1.15 1.09 1.20 1.06 1.35 1.32 1.28 1.33 1.30 Pre-t
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