BeStock  

Bar Harbor Bankshares BHB

US equityMarket cap rank #3570Banks - Regional
$38.47 −$0.52 (-1.33%)
Pre-market · Oct 8, 9:00 am ET · After hours $38.47 0.00%
Open$38.72
Prev close$38.99
Day range$38.25 – $38.91
Volume49.4K
Market cap$644.99M
P/E (TTM)13.0
Dividend yield3.38%
Founded1984
CEOMr. Curtis C. Simard
Employees530
HeadquartersBar Harbor, United States of America
Websitewww.barharbor.bank

Revenue per employee

$252.7K$280.6K$308.5K$336.4KDec '18Dec '21Dec '25

530 employees as of 2025/FY (+15.7% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

Curtis C. Simard Director; President and Chief Executive Officer of the Company and BHBT
Age 55 · Total comp. $1,869,311.00 · As of 18 Mar 2026

Mr. Simard has served as our President and Chief Executive Officer since August 10, 2013. Prior to joining the Bank, he served as Senior Vice President and Managing Director of Corporate Banking for TD Bank from 2002 to 2013. He was also affiliated with First New Hampshire Bank and its successor, Citizens Bank, from 1992 to 2002 working on various business initiatives. Mr. Simard resides in Mount Desert, Maine. Professional and Leadership Highlights: Serves as a member on the Executive Committee of Maine Bankers Association; Serves as a member of the Board of Directors of Friends of Acadia and the Ellsworth Business Development Corporation; Serves as a member of the Board of Directors, Executive Committee and Public Policy Subcommittee at the Business and Industry Association of N.H.; Past Chair of Maine Bankers Association; Previous Board member of Northern Light Maine Coast Memorial Hospital, Seal Cove Auto Museum and the Abbe Museum, a Smithsonian affiliate representing Native American Culture.

Josephine Iannelli Executive Vice President and Principal Accounting Officer, Chief Financial Officer and Treasurer of the Company, BHBT and BHWM
Age 53 · Total comp. $984,645.00 · As of 18 Mar 2026

Ms. Iannelli joined the Bank in October 2016 as Executive Vice President, Chief Financial Officer and Treasurer. Prior to joining the Bank, Ms. Iannelli served as Senior Executive Vice President, Chief Financial Officer and Treasurer of Berkshire Hills Bancorp in Pittsfield, Massachusetts. She began her career at KPMG and subsequently KeyCorp. She also served in various roles at National City Corporation starting in 2002 up to and including the acquisition and integration into PNC Financial Services Group. Ms. Iannelli resides in Hinckley, Ohio. Professional and Leadership Highlights: Holds a BS in Accounting from Baldwin Wallace University; Serves as a member of the Board of Directors, Secretary and Chair of the Audit Committee for the Maine Seacoast Mission; Served as a member of the Board of Trustees and Chair of the Finance Committee for Camp Beech Cliff; Owned her own consulting company serving both national and international publicly traded clients.

John M. Mercier Executive Vice President and Chief Lending Officer of Bar Harbor Bank and Trust
Age 62 · Total comp. $724,374.00 · As of 14 Sep 2026

Mr. Mercier has served as our Executive Vice President and Chief Lending Officer since October 1, 2018. He joined our Company in April 2017 as Executive Vice President, Senior Loan Officer for New Hampshire and Vermont. His banking career spans more than 35 years with significant lending experience in many types of lending, across segments, and through various economic cycles. Prior roles have included various initiatives at Citizens Bank, KeyCorp, TD Bank, and Primary Bank. Mr. Mercier resides in Manchester, New Hampshire. Professional and Leadership Highlights: Received a BS in Finance from Bentley College; Graduate of the New England School of Banking; Serves as a member of the Manchester, NH Police Commission; Past member of the Board of Trustees of the Elliot Health System; Past Chairman and Trustee Emeritus of Southern New Hampshire Health System; Past Chairman of the Manchester-Boston Regional Airport Authority; Past Trustee of various nonprofits including the Granite United Way, New Hampshire Institute of Art, and the Manchester Boys & Girls Club. On September 15, 2026, John M. Mercier, Executive Vice President and Chief Lending Officer of Bar Harbor Bankshares and Bar Harbor Bank & Trust, notified the Board of Directors of the Company and the Bank of his intent to retire effective December 31, 2026.

Marion Colombo Executive Vice President and Chief Retail Officer, BHBT
Age 60 · Total comp. $685,372.00 · As of 18 Mar 2026

Ms. Colombo joined our Company in February 2018 as Executive Vice President, Director of Retail Delivery. She is responsible for retail strategy and delivery working with teams to ensure that our customer experience is consistent with outstanding service across all locations in Maine, New Hampshire and Vermont. She has demonstrated the ability to partner with business lines to advance wallet share beyond the branch environment. Ms. Colombo resides in York, Maine. Professional and Leadership Highlights: Prior to joining the Bank, Ms. Colombo served in multiple leadership roles at TD Bank for 30 years. She served as Market President of Retail for TD Bank in Boston, Massachusetts from 2009 to 2018 where she was responsible for the retail strategy for 110 de novo branches across Greater Boston and Rhode Island; Past recipient of the Abigail Adams award from the Massachusetts Women's Political Caucus, recognizing her as an Outstanding Woman Leader; Served with the United Way, Boston Partners in Education, and other nonprofits having been recognized for extraordinary support of women in the workplace.

Jason Edgar President of BHTS, CTC and BHWM
Age 49 · Total comp. $658,741.00 · As of 18 Mar 2026

Mr. Edgar joined our company in June 2019 as President of BHTS and CTC. BHTS and CTC merged into one entity as of May 1, 2022, BHWM. He is responsible for setting the strategic direction of Wealth Management and managing the day-to-day business of BHWM. Mr. Edgar has over 20 years of experience in the Wealth Management industry. Mr. Edgar resides in Atkinson, New Hampshire. Professional and Leadership Highlights: Prior to joining the Bank, Mr. Edgar served in multiple leadership roles at Berkshire Hills Bancorp. He served as the Chief Investment Officer and Director of Wealth Management from 2016 to 2019. In his position at Berkshire Bank, he was responsible for overseeing the strategic direction and daily management of the business line. Prior to that role Mr. Edgar was the New England Regional Leader for Berkshire Hills Bancorp. Prior to Berkshire Hills Bancorp, Mr. Edgar was a Senior Officer overseeing the investment process at Enterprise Bank. He received a BA Degree in Political Science from the University of Connecticut.

Matthew L. Caras, J.D. Chairman of the Board
Age 69 · Total comp. $95,779.00 · As of 18 Mar 2026

An attorney and member of the Maine Bar, Mr. Caras practiced commercial law and provided mergers and acquisitions advisory services for 40 years in a broad range of industries regionally and nationally. Mr. Caras also served as a mediator and neutral negotiation facilitator. Mr. Caras, formerly of Cape Elizabeth, Maine, now resides in Arrowsic, Maine. Professional and Leadership Highlights: Founder and former Managing Director and principal of Leaders, LLC, a mergers and acquisitions firm representing public, private and family-owned businesses; Former partner, department chair, and member of the executive committee of Verrill, a full-service law firm with over 150 attorneys and offices in Portland, Maine; Boston, Massachusetts; and Westport, Connecticut; Serves on the Arrowsic, Maine Zoning Board of Appeals; A.B., cum laude, Bowdoin College; J.D., with honors, University of Connecticut School of Law.

David M. Colter Independent Director
Age 58 · Total comp. $83,973.00 · As of 18 Mar 2026

Mr. Colter currently serves as President and Chief Executive Officer of GAC Chemical Corporation (GAC) in Searsport, Maine. GAC manufactures and distributes industrial, specialty, and fine inorganic and organic chemicals. Prior to joining GAC and moving to Maine, he worked for Ernst & Young in Ohio in their Financial Institutions Group. Mr. Colter resides in Hampden, Maine. Professional and Leadership Highlights: Audit Committee member of the University of Maine Pulp and Paper Foundation; Board member, Maine International Trade Center; Holds Certified Public Accountant and Chartered Global Management Accountant designations; Former member of the Board, Executive Committee and Treasurer for the Ronald McDonald House, NW Ohio; Former District Chairman, Waldo District, Boy Scouts of America.

Daina H. Belair Independent Director
Age 70 · Total comp. $81,973.00 · As of 18 Mar 2026

Ms. Belair is a retired attorney and a member of the New York and District of Columbia Bar Associations. In 2008, she relocated to Maine where she owned and operated the Inn at Sunrise Point until mid-2021. During her more than 25 years as a practicing attorney, she specialized in banking and financial services. From 2002 to 2006, she served as General Counsel and Managing Director of U.S. Trust Corporation and its subsidiary banks, U.S. Trust Company of New York and U.S. Trust Company, N.A. Prior to that, she was employed by Citibank, N.A. for 15 years, as a Vice President and Managing Director, and held various senior division general counsel and compliance officer positions for Citibank's international corporate and institutional business as well as general counsel for the Citibank Private Bank. Earlier in her career she practiced law in Washington, D.C. At this time, she primarily resides in South Carolina but maintains family and business ties to Maine and New England. Professional and Leadership Highlights: Served as a Director of various private not-for-profit organizations, including Home Counselors Inc. in Maine and Women in Housing and Finance in Washington DC; Served as Director and Treasurer of the Penobscot Bay Chamber of Commerce and as President of the Lincolnville Business Group; Served on the Town of Lincolnville Budget Committee.

Lauri E. Fernald Independent Director
Age 63 · Total comp. $81,973.00 · As of 18 Mar 2026

Ms. Fernald is the owner in Jordan Fernald Funeral Home headquartered in Mount Desert, Maine, and she is a Certified Funeral Service Practitioner. Ms. Fernald resides in Mount Desert, Maine. Professional and Leadership Highlights: Serves on the finance committee of Hospice Volunteers of Hancock County; Senior Warden and Altar Guild Member, Parish of St. Mary and St. Jude Episcopal Church of Northeast Harbor and Seal Harbor; Member for the Maine Coast Memorial Hospital Foundation Council; Current member of numerous foundations and associations including the Woodbine Cemetery Association of Ellsworth, and the Treasurer and Sexant Brookside Cemetery Corp. of Mount Desert.

Scott G. Toothaker Independent Director
Age 63 · Total comp. $78,236.00 · As of 18 Mar 2026

Mr. Toothaker serves as the Office Managing Director of CBIZ, LLC, an international accounting and advisory firm with locations throughout the United States. Mr. Toothaker resides in Nashua, New Hampshire. Professional and Leadership Highlights: Holds an MBA from the University of Maine and a BS and MTax from Bentley College; Experience in navigating financial management and transition across many industries and through various economic cycles.

Brian D Shaw Independent Director
Age 57 · Total comp. $71,973.00 · As of 18 Mar 2026

Mr. Shaw owns a real estate contracting and development business, with activities ranging from projects for specified clients to developing a portfolio of his own accord. Both segments range from single-family residences to medium-scale hospitality properties to multi-family properties of varying sizes. His services include original engineering to final finish carpentry. Mr. Shaw resides in Bar Harbor, Maine. Professional and Leadership Highlights: Graduate of Eastern Maine Technical College with degrees in construction design and architecture; Experience in navigating various economic and real estate cycles; Current member of the Board of the Hattie A. and Fred C. Lynam Trust, which was established in 1942 for the support of charitable organizations and educational scholarships throughout Mount Desert Island.

Debra B. Miller Independent Director
Age 68 · Total comp. $71,973.00 · As of 18 Mar 2026

Ms. Miller served as the Vice President of External Relations at the NH Community Loan Fund from 2013 until her retirement in June of 2023. She oversaw the organization's philanthropy, marketing and communications as well as their public policy efforts. She previously also served as Senior Vice President and Director of Corporate Affairs in New England for Citizens Bank where she was responsible for overseeing public and community relations, media relations, internal communications, special events, charitable contributions, marketing sponsorships and government affairs for the New England region. In addition, she was responsible for the bank's Community Reinvestment Act programs throughout its then 13-state footprint. Ms. Miller resides in Londonderry, New Hampshire. Professional and Leadership Highlights: Received a BS in Urban Affairs and Economics from Winston-Salem University; Previously served as the Chair of the Board of Trustees for Winston-Salem State University and the past chair of Whittier Street Health Center in Roxbury, MA; Previously appointed by New Hampshire Governor Jeanne Shaheen to serve as a trustee for the University System of New Hampshire where she chaired the External Affairs Committee; Among other awards, recognized as one of New Hampshire's Remarkable Women by New Hampshire Magazine, received the Susan B. Anthony Award from the Manchester YWCA, and received the Leading Women Award from the Girl Scouts Patriots' Trail Council.

Heather D. Jones Independent Director
Age 55 · Total comp. $60,016.00 · As of 18 Mar 2026

Ms. Jones began her professional career in New York City in Human Resources, first at Lehman Brothers and then at Philips Electronics NAC. After moving to Maine in 1997, Ms. Jones worked at the Bar Harbor Chamber of Commerce and later in real estate on and around Mount Desert Island. As an owner of the firm, she led and oversaw all operations of the business for more than a decade, including developing a dedicated Property Management Division. Today, Ms. Jones is the Owner of Jones Business Services, LLC providing accounting and organizational support to area small businesses. Ms. Jones resides in Mount Desert, Maine. Professional and Leadership Highlights: Serving on the Town of Mt. Desert's Comprehensive Plan Committee; Served as the Chair of the MDIRSS AOS 91 School Board; Served on the Stroud Fund which was established in 1990 to support community needs and projects; Served as Chair of the Mount Desert Nursery School Board; Served as Chair of the Mount Desert Planning Board.

James E. Graham Independent Director
Age 66 · As of 18 Mar 2026

James E. Graham, Professional and Leadership Highlights:Served as President & Chief Executive Officer of Guaranty Bancorp, Inc and Woodsville Guaranty Savings Bank from 1995 to 2025. Joined the Board of Directors of Woodsville Guaranty Savings Bank in September 1996 and the Board of Directors of Guaranty Bancorp, Inc in 1998. Mr. Graham was employed with Woodsville Guaranty Savings Bank from 1979 through July 2025 at which time he joined the BHB Board with the sale of Guaranty Bancorp, Inc. to BHB

Joseph Patrick Scully Senior Vice President, Chief Information and Operations Officer of BHBT
Age 64 · As of 18 Mar 2026

Mr. Scully is the Chief Information and Operations Officer at the Bank and is responsible for guiding the bank's Technology, Project & Vendor Management, Business Continuity, Real Estate Management, and Deposit/Loan Operations functions. Mr. Scully has nearly four decades of experience working in the Department of Defense and Financial Services verticals. He has supervised Information Technology & Security, Fraud, Project Management, Facilities, and Card Operations departments throughout his career and has served on multiple banking and security industry committees during the last 20 years. Since arriving at the Bank, Mr. Scully has spearheaded the modernization of our enterprise infrastructure and has played key roles in a majority of the Bank's strategic initiatives including both merger and acquisition projects. Mr. Scully resides in Plymouth, Maine. Professional and Leadership Highlights: Past FS-ISAC Payments Risk Council Member; Past Trusteer Product Advisory Committee Member.

Alison Noelle DiPaola Senior Vice President and Chief Human Resources Officer of BHBT
Age 38 · As of 18 Mar 2026

Ms. DiPaola has served as our Senior Vice President, Chief Human Resources Officer since April 2022. After almost five years at another financial institution, she joined the Company in June of 2013 and has held roles of progressive responsibility. Ms. DiPaola is responsible for all Human Resources functions such as compensation, payroll, benefits, employee relations, learning and development, performance management, and talent acquisition. She resides in Newport, New Hampshire. Professional and Leadership Highlights: Received a BS in Business Administration from the University of New Hampshire and an MSHRM from Southern New Hampshire University; Maintains her Society for Human Resource Management, Senior Certified Professional credential (SHRM-SCP); Graduate of the New England School of Financial Studies and Northern New England School of Banking.

John Mogan Willia II Senior Vice President and Chief Risk Officer of BHBT
Age 35 · As of 18 Mar 2026

Mr. Williams has served as our Senior Vice President, Chief Risk Officer since April 2021, and has served in varying and progressively higher roles of responsibilities within the risk management function at the Company since December 2014. Mr. Williams was deeply involved with the Bank's M&A activity, including work relative to due diligence reviews and leading e-commerce integrations for each transaction. Prior to that, Mr. Williams served in various risk management capacities at another Maine-based financial institution. Mr. Williams resides in Clifton, Maine. Professional and Leadership Highlights: Received a BA in Economics from Yale University; Present Select Board member of the Town of Clifton and past Board Member of several community and nonprofit initiatives, including the Town of Clifton Planning Board and TIF Committee and Northern Light Eastern Maine Medical Center Institutional Review Board; Significant involvement in the Company's M&A activity.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

Sectors & themes

Discussion

No comments yet — be the first to weigh in on BHB.

Leave a comment

Scroll to Top