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BHB - Bar Harbor Bankshares: Earnings Likely To Trend Downwards
Bar Harbor Bankshares Inc.
The provision expense will likely remain elevated this year because BHB’s existing allowance does not appear high enough to cover upcoming credit losses.
The excess liquidity will likely pressurize the net interest margin.
Mortgage banking income will likely decline this year due to stable interest rates.
The year-end target price suggests a limited upside.