Is BHB or BMA more undervalued in 2026?

CirclFi compares Bar Harbor Bankshares, Inc. (BHB) and Banco Macro S.A. (BMA) using 13 institutional-grade valuation models. BHB has a Quality of Company score of 8.2/10 while BMA scores 8.7/10.

Which is a better buy — BHB or BMA?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do BHB and BMA valuations compare?

BHB at $34.81 and BMA at $87.80 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

BHB vs BMA Valuation Comparison 2026 — Intrinsic Value Analysis

BHB

Banks - Regional

Bar Harbor Bankshares, Inc.

Quality

8.2

out of 10

Value Trap

SAFE

Price

$34.81

Last close

Models

11/13

Active

BMA

Banks - Regional

Banco Macro S.A.

Quality

8.7

out of 10

Value Trap

SAFE

Price

$87.80

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	BHB Fair Value	BHB Upside	BMA Fair Value	BMA Upside
Bayesian DCF	Intrinsic	$6.79	-80.5%	$77.54	-11.7%
Earnings Power Value	Intrinsic	$6.62	-81.0%	$350.90	+299.7%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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BHB vs BMA — Which Stock Is More Undervalued?

BMA scores higher with a 8.7/10 quality rating vs BHB's 8.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Bar Harbor Bankshares, Inc. (BHB) and Banco Macro S.A. (BMA) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

BHB currently trades at $34.81 with a QOC of 8.2/10, while BMA trades at $87.80 with a QOC of 8.7/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).