Is BHB or BMRC more undervalued in 2026?

CirclFi compares Bar Harbor Bankshares, Inc. (BHB) and Bank of Marin Bancorp (BMRC) using 13 institutional-grade valuation models. BHB has a Quality of Company score of 8.2/10 while BMRC scores 7.1/10.

Which is a better buy — BHB or BMRC?

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 BMRC valuations compare?

BHB at $34.81 and BMRC at $25.80 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

BHB vs BMRC 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

BMRC

Banks - Regional

Bank of Marin Bancorp

Quality

7.1

out of 10

Value Trap

SAFE

Price

$25.80

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	BHB Fair Value	BHB Upside	BMRC Fair Value	BMRC Upside
Bayesian DCF	Intrinsic	$6.79	-80.5%	$21.13	-18.1%
Earnings Power Value	Intrinsic	$6.62	-81.0%	$31.66	+22.7%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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BHB vs BMRC — Which Stock Is More Undervalued?

BHB scores higher with a 8.2/10 quality rating vs BMRC's 7.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Bar Harbor Bankshares, Inc. (BHB) and Bank of Marin Bancorp (BMRC) 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 BMRC trades at $25.80 with a QOC of 7.1/10.

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).