What is Bar Harbor Bankshares worth?
With the base-case assumptions below, a discounted cash flow model on Bar Harbor Bankshares's reported free cash flow gives $57.82 per share. The share price was $41.33 on November 10, 2026, 29% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 3.0% | 10.0% | $34.68 | -16% |
| Base | 8.0% | 9.0% | $57.82 | +40% |
| Bull | 13.0% | 8.0% | $100.99 | +144% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $74.68 | $79.85 | $86.17 | $94.08 | $104.24 |
| 8.0% | $62.07 | $65.43 | $69.39 | $74.15 | $79.97 |
| 9.0% | $52.87 | $55.17 | $57.82 | $60.90 | $64.55 |
| 10.0% | $45.87 | $47.51 | $49.35 | $51.47 | $53.90 |
| 11.0% | $40.38 | $41.57 | $42.91 | $44.41 | $46.12 |
Where the presets come from
Base: years 1 to 5 grow at Bar Harbor Bankshares's revenue growth rate over the last 4 fiscal years (8.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions