StockNews.AI
BHB
StockNews.AI
161 days

Bar Harbor Bankshares Expands Presence in New Hampshire through a Merger with Guaranty Bancorp, Inc.

1. Bar Harbor Bankshares will acquire Guaranty Bancorp in an all-stock deal. 2. The valuation for the deal is approximately $41.6 million.

2m saved
Insight
Article

FAQ

Why Bullish?

Mergers typically boost investor confidence and streamline operations. Historical precedents show significant share price increases post-announcement for acquiring firms.

How important is it?

A merger of this size is likely to influence investor sentiment and BHB's future performance; it signifies strategic growth.

Why Long Term?

The merger may improve earnings potential and market share over time, reflecting sustained impacts. Successful integration could yield dividends, benefiting BHB significantly in the long run.

Related Companies

GUAA
BAR HARBOR, ME AND WOODSVILLE, NH / ACCESS Newswire / March 11, 2025 / Bar Harbor Bankshares (NYSE MKT:BHB) (or "Bar Harbor") and Guaranty Bancorp, Inc. (OTC:GUAA) (or "Guaranty") today announced that they have signed a definitive merger agreement pursuant to which Bar Harbor will acquire Guaranty in an all-stock transaction valued at approximately $41.6 million, or approximately $56.94 per share. Under the terms of the merger agreement, each outstanding share of Guaranty common stock will be exchanged for 1.85 shares of Bar Harbor common stock.

Related News