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Highlights

  • Bar Harbor Bankshares completed the acquisition of Guaranty Bancorp on July 31, 2025.
  • The combined institution now holds approximately USD 4.8 billion in total assets.
  • The network expands to 62 branches across Maine, New Hampshire, and Vermont.

Bar Harbor Bankshares (NYSE: BHB) has officially closed its acquisition of Guaranty Bancorp, Inc., the parent company of Woodsville Guaranty Savings Bank. With this merger finalized, the combined entity now operates 62 branches and reports total assets of approximately USD 4.8 billion across the Northern New England region.

At the time of the merger, each outstanding share of Guaranty common stock was converted into the right to receive 1.85 shares of Bar Harbor Bankshares common stock, with cash provided in place of any fractional shares.

Bar Harbor Bank & Trust President and CEO Curtis Simard stated that the completion of the acquisition represents a significant step in the company’s expansion strategy. He emphasized that the deal aligns with the company’s approach to combining acquisitions with organic growth initiatives.

Bar Harbor Bankshares is the parent company of Bar Harbor Bank & Trust, a full-service community bank offering both personal and business banking services, as well as wealth management through its subsidiary Bar Harbor Wealth Management. Headquartered in Bar Harbor, Maine, the institution now operates over 60 locations across Maine, New Hampshire, and Vermont.