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 $57.95 per share. The share price was $38.96 on September 25, 2026, 33% 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% | $34.81 | -11% |
| Base | 8.0% | 9.0% | $57.95 | +49% |
| Bull | 13.0% | 8.0% | $101.12 | +160% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $74.81 | $79.98 | $86.30 | $94.21 | $104.37 |
| 8.0% | $62.20 | $65.56 | $69.52 | $74.28 | $80.10 |
| 9.0% | $53.00 | $55.30 | $57.95 | $61.03 | $64.68 |
| 10.0% | $46.00 | $47.64 | $49.48 | $51.60 | $54.03 |
| 11.0% | $40.51 | $41.70 | $43.04 | $44.54 | $46.25 |
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