Camden National

Camden National Corp. is a bank holding company, which engages in the provision of financial services to individuals and companies through its subsidiary, Camden National Bank. Its services includes lending, checking, savings, time deposits, cash management, brokerage, wealth management, and trust. The company was founded in 1984 and is headquartered in Camden, ME.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Camden National reports Q4 earnings growth amidst margin pressure

Camden National Corporation delivered improved quarterly performance in Q4 2022, with a focus on key financial metrics and strategic initiatives. While facing challenges such as a decline in annual earnings and pressure on net interest margin, the company remains committed to maintaining strong financial fundamentals. By capitalizing on opportunities to optimize income streams and manage risks effectively, Camden National is poised for sustainable growth and value creation.

Camden National reports Q1 earnings dip, focuses on deposit stability

Camden National's Q1 2023 performance showed a decrease in net income but maintained strong financial metrics.
The bank faces challenges in deposit growth and unrealized losses in the investment portfolio.
Opportunities lie in growing the loan portfolio, attracting investors with dividends, and optimizing deposit stability.

Camden National reports Q2 earnings, focuses on credit quality

Camden National Corporation navigated challenges from rising interest rates and an inverted yield curve to maintain strong credit quality and strategic focus on deposits and loans.
Despite challenges in the interest rate environment and market conditions, the company returned capital to shareholders and focused on optimizing net interest margin.
With a deliberate approach to loan growth and credit quality, Camden National is positioning well for future economic conditions and growth opportunities.

Camden National reports Q3 earnings impacted by investment loss

Camden National's Q3 performance was impacted by a pretax investment loss, resulting in net income of $9 million. Despite challenges in noninterest income and loan balances, the company maintains strong credit quality and regulatory capital ratios. Strategic focus on net interest margin optimization and asset quality bodes well for future growth.

Camden National (CAC) reports solid Q4 earnings and eyes tech-driven growth

Camden National (CAC) showcased strong financial performance in Q4 2023 despite a pretax loss on securities. The company's focus on customer relationships, technology advancements, and solid loan demand positions it well for growth. Balancing expenses and efficiency will be crucial in capitalizing on future opportunities.

Camden National posts solid Q1 earnings, eyes growth through innovation

Camden National's Q1 performance reflects financial stability, strong asset quality, and strategic expense management.
While challenges like economic uncertainty and margin pressure exist, opportunities in loan growth and digital innovation offer avenues for growth.
Overall, Camden National is well-positioned to navigate challenges and capitalize on opportunities for sustained performance and profitability.

Camden National reports solid Q2 earnings amidst growth opportunities

Camden National Corporation delivered solid financial performance in Q2 2024, with revenue growth, strong asset quality, and strategic technology investments.
While facing challenges in deposit and loan growth, the company has opportunities to optimize its offerings and operational efficiency for sustained success.
Overall, Camden National demonstrated resilience and a proactive approach to navigating the evolving financial landscape.
Investors can be optimistic about the company's financial health, strategic direction, and potential for growth in the future.

Camden National reports robust Q3 earnings and eyes strategic growth

Camden National's Q3 performance reflects solid financial growth and strategic advancements.
While facing challenges in areas like margin management and integration, the company's strengths in asset quality and leadership are notable.
Opportunities lie in market expansion through acquisitions and digital transformation initiatives.
Overall, Camden National is poised for continued growth and success in the financial services sector.

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Camden National Corp. is a bank holding company, which engages in the provision of financial services to individuals and companies through its subsidiary, Camden National Bank. The company was founded in 1984 and is headquartered in Camden, ME.

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Camden National's (CAC) earnings growth potential and revenue strength make it an attractive proposition. Here's why you should add it to your portfolio now.

Here's Why You Should Buy Camden National (CAC) Stock Now

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Should Value Investors Buy Camden National (CAC) Stock?

Camden National (CAC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -10.66% in 4 Weeks, Here's Why You Should You Buy the Dip in Camden National (CAC)

Camden National Corporation (CAC) Q4 2023 Earnings Call Transcript

The headline numbers for Camden National (CAC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Camden National (CAC) Reports Q4 Earnings: What Key Metrics Have to Say

Reports Fourth Quarter 2023 Net Income of $8.5 million and Diluted EPS of $0.58; Capital and Asset Quality Remain Strong at Year End CAMDEN, Maine , Jan. 30, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.7 billion bank holding company headquartered in Camden, Maine, reported net income of $8.5 million and diluted earnings per share ("EPS") of $0.58 for the fourth quarter of 2023, both decreases of 13% compared to the third quarter of 2023. Throughout 2023, financial institutions, including Camden National, were faced with many challenges due to the interest rate environment and well-publicized bank failures.

CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2023 FINANCIAL RESULTS

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A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Dividend Champion, Contender, And Challenger Highlights: Week Of January 7

CAMDEN, Maine , Jan. 3, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter and year ended December 31, 2023 on Tuesday, January 30, 2024. A conference call and webcast will be held at 3:00 p.m.

Camden National Corporation to Announce Quarter and Year Ended December 31, 2023 Financial Results on January 30, 2024

CAMDEN, Maine , Dec. 19, 2023 /PRNewswire/ -- Gregory A. Dufour, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of directors of the Company declared a quarterly dividend of $0.42 per share.

Camden National Corporation Announces its Fourth Quarter 2023 Dividend

CAMDEN, Maine , Dec. 14, 2023 /PRNewswire/ -- Camden National Bank announced today that Ryan Smith, an executive vice president who has been with the bank since 2012, has assumed the role of chief credit officer. Smith succeeded Timothy Nightingale, Camden National Bank's long-serving chief credit officer, who retired for personal health reasons.

Camden National Bank Names New Chief Credit Officer

Camden National Corporation (NASDAQ:CAC ) Q3 2023 Earnings Conference Call October 31, 2023 3:00 PM ET Company Participants Greg Dufour - President and CEO Mike Archer - Executive Vice President and CFO Conference Call Participants Steve Moss - Raymond James Damon DelMonte - KBW Operator Good day. And welcome to Camden National Corporation's Third Quarter 2023 Earnings Conference Call.

Camden National Corporation (CAC) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Camden National (CAC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Camden National (CAC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Reports Third Quarter 2023 Net Income of $9.8 million and Diluted EPS of $0.67 CAMDEN, Maine , Oct. 31, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.8 billion bank holding company headquartered in Camden, Maine, reported net income of $9.8 million and diluted earnings per share ("EPS") of $0.67 for the third quarter of 2023, both decreases of 21%, compared to the second quarter of 2023. The Company's third quarter operating results include the impact from the sale of $66.7 million of investment securities that resulted in a pre-tax loss of $5.3 million.

CAMDEN NATIONAL CORPORATION REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS

With a 6% dividend yield, Camden National (CAC) is a solid dividend-yielding stock that investors should consider buying amid macroeconomic uncertainty.

Consider Camden National (CAC) Stock for 6% Dividend Yield

CAMDEN, Maine , Oct. 2, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended September 30, 2023 on Tuesday, October 31, 2023. A conference call and webcast will be held at 3:00 p.m.

Camden National Corporation to Announce Quarter Ended September 30, 2023 Financial Results on October 31, 2023

CAMDEN, Maine , Sept. 26, 2023 /PRNewswire/ -- Gregory A.

Camden National Corporation Announces its Third Quarter 2023 Dividend

After a disappointing first half of the year, I've decided to reduce the margin estimate for 2023. I'm now expecting earnings to dip by 19% YoY in 2023. Previously I was expecting a dip of 1%. Camden National is offering a high dividend yield of 5.1%. The dividend appears safe from cuts.

Camden National: Attractively Valued But Margin Is A Cause For Concern

Griffiths to take helm at yearend as Greg Dufour retires after nearly two decades as President and CEO CAMDEN, Maine , Aug. 21, 2023 /PRNewswire/ -- The Board of Directors of Camden National Corporation (NASDAQ: CAC) and its wholly owned subsidiary, Camden National Bank (together, "Camden National" or the "Bank"), today announced the appointment of Simon Griffiths, age 50, as the successor to current President and Chief Executive Officer, Gregory Dufour, age 63, effective December 31, 2023. Griffiths will join Camden National on or around November 20, 2023, as Executive Vice President & Chief Operating Officer.

Camden National Corporation Appoints Simon Griffiths as Successor to CEO

Camden National Corporation (NASDAQ:CAC ) Q2 2023 Earnings Conference Call July 25, 2023 3:00 PM ET Company Participants Greg Dufour - President and Chief Executive Officer Mike Archer - Executive Vice President and Chief Financial Officer Conference Call Participants Steve Moss - Raymond James Damon DelMonte - KBW Matthew Breese - Stephens Operator Good day and welcome to Camden National Corporation's Second Quarter 2023 Earnings Conference Call. My name is Emily and I'll be your operator for today's call.

News for Camden National Stock (CAC)