- BHB is a small cap bank headquartered in Maine and serving the three Northernmost states in New England.
- The bank has a long history of growing its geographic footprint, assets, and dividend.
- BHB has done a good job of transitioning its asset mix toward non-interest income to prepare for a possible return to a low interest rate environment.
- But BHB will also benefit from Fed rate hikes.
- BHB's 4.1%-yielding dividend looks well-protected and able to continue its respectable growth streak.
For further details see:
Bar Harbor Bank: Growing Small-Cap New England Bank Yielding 4.1%