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Side-by-side financial comparison of BAR HARBOR BANKSHARES (BHB) and INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR). Click either name above to swap in a different company.

INNOVATIVE INDUSTRIAL PROPERTIES INC is the larger business by last-quarter revenue ($66.7M vs $48.9M, roughly 1.4× BAR HARBOR BANKSHARES). INNOVATIVE INDUSTRIAL PROPERTIES INC runs the higher net margin — 47.8% vs 24.0%, a 23.7% gap on every dollar of revenue. On growth, BAR HARBOR BANKSHARES posted the faster year-over-year revenue change (27.3% vs -13.1%). Over the past eight quarters, BAR HARBOR BANKSHARES's revenue compounded faster (15.9% CAGR vs -6.0%).

Bar Harbor Bankshares is a U.S. regional bank holding company headquartered in Maine. It offers retail and commercial banking services including deposit products, personal and business loans, wealth management, and mortgage solutions, mainly serving customers across Maine, New Hampshire, and Vermont.

Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Established privately in 1960 and later wholly owned by the Ontario Municipal Employees Retirement System (OMERS) since 2003, the company is headquartered in Toronto with regional head offices in New York City, London, Australia, Singapore and Luxembourg. ...

BHB vs IIPR — Head-to-Head

Bigger by revenue
IIPR
IIPR
1.4× larger
IIPR
$66.7M
$48.9M
BHB
Growing faster (revenue YoY)
BHB
BHB
+40.4% gap
BHB
27.3%
-13.1%
IIPR
Higher net margin
IIPR
IIPR
23.7% more per $
IIPR
47.8%
24.0%
BHB
Faster 2-yr revenue CAGR
BHB
BHB
Annualised
BHB
15.9%
-6.0%
IIPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHB
BHB
IIPR
IIPR
Revenue
$48.9M
$66.7M
Net Profit
$11.8M
$31.8M
Gross Margin
Operating Margin
30.1%
47.8%
Net Margin
24.0%
47.8%
Revenue YoY
27.3%
-13.1%
Net Profit YoY
6.9%
-20.4%
EPS (diluted)
$0.71
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHB
BHB
IIPR
IIPR
Q4 25
$48.9M
$66.7M
Q3 25
$47.5M
$64.7M
Q2 25
$34.5M
$62.9M
Q1 25
$37.9M
$71.7M
Q4 24
$38.5M
$76.7M
Q3 24
$38.6M
$76.5M
Q2 24
$37.2M
$79.8M
Q1 24
$36.4M
$75.5M
Net Profit
BHB
BHB
IIPR
IIPR
Q4 25
$11.8M
$31.8M
Q3 25
$8.9M
$29.3M
Q2 25
$6.1M
$26.0M
Q1 25
$10.2M
$31.1M
Q4 24
$11.0M
$40.0M
Q3 24
$12.2M
$40.2M
Q2 24
$10.3M
$42.0M
Q1 24
$10.1M
$39.4M
Operating Margin
BHB
BHB
IIPR
IIPR
Q4 25
30.1%
47.8%
Q3 25
23.2%
45.5%
Q2 25
21.6%
45.9%
Q1 25
33.5%
47.4%
Q4 24
35.2%
54.7%
Q3 24
35.3%
54.8%
Q2 24
34.4%
53.1%
Q1 24
34.8%
55.7%
Net Margin
BHB
BHB
IIPR
IIPR
Q4 25
24.0%
47.8%
Q3 25
18.6%
45.3%
Q2 25
17.6%
41.4%
Q1 25
26.9%
43.3%
Q4 24
28.6%
52.2%
Q3 24
31.6%
52.6%
Q2 24
27.6%
52.6%
Q1 24
27.7%
52.3%
EPS (diluted)
BHB
BHB
IIPR
IIPR
Q4 25
$0.71
$1.07
Q3 25
$0.54
$0.97
Q2 25
$0.40
$0.86
Q1 25
$0.66
$1.03
Q4 24
$0.71
$1.35
Q3 24
$0.80
$1.37
Q2 24
$0.67
$1.44
Q1 24
$0.66
$1.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHB
BHB
IIPR
IIPR
Cash + ST InvestmentsLiquidity on hand
$80.8M
$47.6M
Total DebtLower is stronger
$134.8M
$393.7M
Stockholders' EquityBook value
$532.5M
$1.8B
Total Assets
$4.7B
$2.4B
Debt / EquityLower = less leverage
0.25×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHB
BHB
IIPR
IIPR
Q4 25
$80.8M
$47.6M
Q3 25
$136.7M
$41.9M
Q2 25
$87.0M
$104.9M
Q1 25
$88.1M
$133.3M
Q4 24
$72.2M
$151.2M
Q3 24
$81.2M
$172.4M
Q2 24
$101.8M
$160.9M
Q1 24
$76.2M
$173.5M
Total Debt
BHB
BHB
IIPR
IIPR
Q4 25
$134.8M
$393.7M
Q3 25
$134.6M
Q2 25
$40.9M
Q1 25
$40.9M
Q4 24
$40.9M
Q3 24
$60.9M
Q2 24
$60.8M
Q1 24
$60.8M
Stockholders' Equity
BHB
BHB
IIPR
IIPR
Q4 25
$532.5M
$1.8B
Q3 25
$521.0M
$1.9B
Q2 25
$468.9M
$1.9B
Q1 25
$467.3M
$1.9B
Q4 24
$458.4M
$1.9B
Q3 24
$459.9M
$1.9B
Q2 24
$438.9M
$1.9B
Q1 24
$435.7M
$2.0B
Total Assets
BHB
BHB
IIPR
IIPR
Q4 25
$4.7B
$2.4B
Q3 25
$4.7B
$2.3B
Q2 25
$4.1B
$2.3B
Q1 25
$4.1B
$2.4B
Q4 24
$4.1B
$2.4B
Q3 24
$4.0B
$2.4B
Q2 24
$4.0B
$2.4B
Q1 24
$4.0B
$2.4B
Debt / Equity
BHB
BHB
IIPR
IIPR
Q4 25
0.25×
0.21×
Q3 25
0.26×
Q2 25
0.09×
Q1 25
0.09×
Q4 24
0.09×
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHB
BHB
IIPR
IIPR
Operating Cash FlowLast quarter
$48.3M
$198.2M
Free Cash FlowOCF − Capex
$43.5M
FCF MarginFCF / Revenue
88.8%
Capex IntensityCapex / Revenue
9.8%
Cash ConversionOCF / Net Profit
4.10×
6.22×
TTM Free Cash FlowTrailing 4 quarters
$70.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHB
BHB
IIPR
IIPR
Q4 25
$48.3M
$198.2M
Q3 25
$16.5M
$45.6M
Q2 25
$5.3M
$48.4M
Q1 25
$9.3M
$54.2M
Q4 24
$52.4M
$258.4M
Q3 24
$23.5M
$64.9M
Q2 24
$7.1M
$64.2M
Q1 24
$8.5M
$71.6M
Free Cash Flow
BHB
BHB
IIPR
IIPR
Q4 25
$43.5M
Q3 25
$15.4M
Q2 25
$3.3M
Q1 25
$7.8M
Q4 24
$45.0M
Q3 24
$22.4M
Q2 24
$2.3M
Q1 24
$7.8M
FCF Margin
BHB
BHB
IIPR
IIPR
Q4 25
88.8%
Q3 25
32.5%
Q2 25
9.5%
Q1 25
20.5%
Q4 24
116.9%
Q3 24
58.1%
Q2 24
6.1%
Q1 24
21.5%
Capex Intensity
BHB
BHB
IIPR
IIPR
Q4 25
9.8%
Q3 25
2.3%
Q2 25
5.8%
Q1 25
4.1%
Q4 24
19.2%
Q3 24
2.7%
Q2 24
12.9%
Q1 24
1.8%
Cash Conversion
BHB
BHB
IIPR
IIPR
Q4 25
4.10×
6.22×
Q3 25
1.87×
1.56×
Q2 25
0.86×
1.86×
Q1 25
0.91×
1.75×
Q4 24
4.76×
6.46×
Q3 24
1.93×
1.61×
Q2 24
0.69×
1.53×
Q1 24
0.84×
1.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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