KBRA Releases Surveillance Report for Bar Harbor Bankshares
31 Oct 2023 | New York
On October 13, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Bar Harbor, Maine-based Bar Harbor Bankshares (NYSE American: BHB ). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for the lead subsidiary, Bar Harbor Bank & Trust. The Outlook for all long-term ratings is Stable.
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