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CAC logoCamden National Corporation(CAC)Earnings, Financials & Key Ratios

CAC•NASDAQ•Banking & Credit
$49.11
$834M mkt cap·12.8× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryBanks with large fee businesses
AboutCamden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.Show more
  • Net Interest Income$203M+53.5%
  • Total Revenue$367M+26.8%
  • Net Income$65M+22.9%
  • Return on Equity10.61%+2.8%
  • Net Interest Margin2.91%+27.7%
  • Efficiency Ratio40.56%+10.2%
  • ROA1.02%+10.8%
  • Equity / Assets9.99%+9.1%
  • Book Value per Share41.07+13.1%
  • Tangible BV/Share29.62-0.6%
  • Debt/Equity0.92-9.8%
Technical→

CAC Key Insights

Camden National Corporation (CAC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 8/9
  • ✓Efficient operations: 40.6% efficiency ratio
  • ✓Healthy dividend yield of 3.4%
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Shares diluted 15.9% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CAC Price & Volume

Camden National Corporation (CAC) stock price & volume — 10-year historical chart

Loading chart...

CAC Growth Metrics

Camden National Corporation (CAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years11.41%
5 Years12.49%
3 Years20.7%
TTM-

Profit CAGR

10 Years12.01%
5 Years1.84%
3 Years1.98%
TTM22.93%

EPS CAGR

10 Years8.3%
5 Years-0.56%
3 Years-2.71%
TTM6.08%

Return on Capital

10 Years11.81%
5 Years10.45%
3 Years7.84%
Last Year2.31%

CAC Recent Earnings

Camden National Corporation (CAC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (73%)●Beat Revenue 2/12 qtrs (18%)
Q2 2026Latest
Apr 28, 2026
EPS
$1.29
Est $1.26
+2.4%
Revenue
$64M
Est $66M
-1.9%
Q2 2026
Mar 6, 2026
EPS
$1.33
Revenue
$96M
Q1 2026
Jan 27, 2026
EPS
$1.33
Est $1.32
+0.8%
Revenue
$68M
Est $66M
+2.9%
Q4 2025
Oct 28, 2025
EPS
$1.24
Est $1.23
+0.8%
Revenue
$63M
Est $65M
-3.3%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$1.29vs $1.26+2.4%
$64Mvs $66M-1.9%
Q2 2026Mar 6, 2026
$1.33
$96M
Q1 2026Jan 27, 2026
$1.33vs $1.32+0.8%
$68Mvs $66M+2.9%
Q4 2025Oct 28, 2025
$1.24vs $1.23+0.8%
$63Mvs $65M-3.3%
Based on last 12 quarters of dataView full earnings history →

CAC Peer Comparison

Camden National Corporation (CAC) competitors in Banks with large fee businesses — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
NBTB logoNBTBNBT Bancorp Inc.Direct Competitor2.36B45.2013.5710.36%9.51%0.17
CNOB logoCNOBConnectOne Bancorp, Inc.Direct Competitor1.52B30.1620.3813.44%5.49%0.74
FUNC logoFUNCFirst United CorporationDirect Competitor243.7M37.5111.9116.94%12.52%1.05
NECB logoNECBNortheast Community Bancorp, Inc.Direct Competitor337.14M24.377.50-1.55%13.07%0.21
MNSB logoMNSBMainStreet Bancshares, Inc.Direct Competitor175.12M23.3613.27-1.44%7.26%0.32
CFFI logoCFFIC&F Financial CorporationProduct Competitor240.93M74.008.9311.78%10.82%0.44
INDB logoINDBIndependent Bank Corp.Product Competitor3.91B78.6317.396.89%5.07%0.23
FIS logoFISFidelity National Information Services, Inc.Supply Chain23.81B45.9761.295.43%3.51%2.75%0.29

Compare CAC vs Peers

Camden National Corporation (CAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for CAC.

Scale Benchmark

vs ICE

Larger-name benchmark to compare CAC against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, CNOB, FUNC, NECB

CAC Income Statement

Camden National Corporation (CAC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income115.3M120.39M127.63M136.31M137.44M147.69M132.26M132.45M203.26M
NII Growth %1.97%4.42%6.01%6.8%0.83%7.46%-10.45%0.14%53.46%
Net Interest Margin %2.84%2.8%2.88%2.78%2.5%2.6%2.31%2.28%2.91%
Interest Income136.1M151.38M168.52M157.2M148.48M172.79M226.25M249.56M320.65M
Interest Expense20.8M30.98M40.89M20.89M11.05M25.09M93.98M117.1M117.4M
Loan Loss Provision3.04M847K2.86M12.42M-3.19M4.5M262K506K19.32M
Non-Interest Income35.84M35M38.5M46.74M45.42M36.1M24.07M40.16M46.69M
Non-Interest Income %20.85%18.78%18.6%22.92%23.42%17.28%9.62%13.86%12.71%
Total Revenue
171.95M▲ 0%
186.37M▲ 8.4%
207.02M▲ 11.1%
203.94M▼ 1.5%
193.91M▼ 4.9%
208.89M▲ 7.7%
250.32M▲ 19.8%
289.72M▲ 15.7%
367.34M▲ 26.8%
Revenue Growth %3.92%8.39%11.08%-1.49%-4.92%7.73%19.83%15.74%26.79%
Non-Interest Expense85.75M88.77M91.69M96.23M99.41M102.25M102.23M106.65M149M
Efficiency Ratio49.87%47.63%44.29%47.19%51.27%48.95%40.84%36.81%40.56%
Operating Income
62.35M▲ 0%
65.78M▲ 5.5%
71.58M▲ 8.8%
74.4M▲ 3.9%
86.64M▲ 16.5%
77.05M▼ 11.1%
53.84M▼ 30.1%
65.46M▲ 21.6%
81.62M▲ 24.7%
Operating Margin %36.26%35.29%34.58%36.48%44.68%36.88%21.51%22.59%22.22%
Operating Income Growth %8.37%5.49%8.82%3.94%16.46%-11.07%-30.13%21.59%24.69%
Pretax Income
62.35M▲ 0%
65.78M▲ 5.5%
71.58M▲ 8.8%
74.4M▲ 3.9%
86.64M▲ 16.5%
77.05M▼ 11.1%
53.84M▼ 30.1%
65.46M▲ 21.6%
78.66M▲ 20.2%
Pretax Margin %36.26%35.29%34.58%36.48%44.68%36.88%21.51%22.59%21.41%
Income Tax33.88M12.71M14.38M14.91M17.63M15.61M10.45M12.46M13.49M
Effective Tax Rate %54.33%19.32%20.08%20.04%20.34%20.26%19.42%19.03%17.16%
Net Income
28.48M▲ 0%
53.07M▲ 86.4%
57.2M▲ 7.8%
59.49M▲ 4.0%
69.01M▲ 16.0%
61.44M▼ 11.0%
43.38M▼ 29.4%
53M▲ 22.2%
65.16M▲ 22.9%
Net Margin %16.56%28.48%27.63%29.17%35.59%29.41%17.33%18.29%17.74%
Net Income Growth %-28.93%86.37%7.79%3.99%16.02%-10.98%-29.39%22.18%22.93%
Net Income (Continuing)28.48M53.07M57.2M59.49M69.01M61.44M43.38M53M65.16M
EPS (Diluted)
1.82▲ 0%
3.40▲ 86.8%
3.69▲ 8.5%
3.95▲ 7.0%
4.60▲ 16.5%
4.17▼ 9.3%
2.97▼ 28.8%
3.62▲ 21.9%
3.84▲ 6.1%
EPS Growth %-29.18%86.81%8.53%7.05%16.46%-9.35%-28.78%21.89%6.08%
EPS (Basic)1.833.413.703.964.624.182.983.633.85
Diluted Shares Outstanding15.59M15.63M15.45M15.02M14.97M14.7M14.61M14.63M16.96M

CAC Balance Sheet

Camden National Corporation (CAC) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments892.87M977.69M993.75M1.26B1.73B771.3M725.61M792.76M1.03B
Cash & Due from Banks102.97M67M75.64M145.77M220.63M75.43M99.8M214.96M97.49M
Short Term Investments789.9M910.69M918.12M1.12B1.51B695.88M625.81M577.79M930.4M
Total Investments3.65B3.92B4B4.34B4.91B5.22B5.24B5.2B6.36B
Investments Growth %5.48%7.35%2.15%8.44%13.18%6.27%0.4%-0.77%22.19%
Long-Term Investments2.86B3.01B3.08B3.22B3.41B4.53B4.62B4.63B5.44B
Accounts Receivables000000000
Goodwill & Intangibles99.65M98.93M98.22M97.54M96.89M96.26M95.67M95.11M194.09M
Goodwill94.7M94.7M94.7M94.7M94.7M94.7M94.7M94.7M151.5M
Intangible Assets4.96M4.23M3.52M2.84M2.19M1.56M971K415K42.58M
PP&E (Net)41.89M42.49M41.84M39.88M37.77M36.02M35.05M37.05M0
Other Assets147.76M147.3M194.2M262.97M213.05M192.84M199.54M215.87M-5.44B
Total Current Assets892.87M977.69M993.75M1.26B1.73B771.3M725.61M787.51M1.03B
Total Non-Current Assets3.17B3.32B3.44B3.64B3.77B4.9B4.99B5.02B194.09M
Total Assets
4.07B▲ 0%
4.3B▲ 5.7%
4.43B▲ 3.1%
4.9B▲ 10.6%
5.5B▲ 12.3%
5.67B▲ 3.1%
5.71B▲ 0.8%
5.81B▲ 1.6%
6.97B▲ 20.1%
Asset Growth %5.21%5.71%3.07%10.59%12.28%3.12%0.75%1.59%20.14%
Return on Assets (ROA)0.72%1.27%1.31%1.28%1.33%1.1%0.76%0.92%1.02%
Accounts Payable50M55.62M80.47M117.42M94.23M84.14M92.14M00
Total Debt611.5M341.51M337.89M246.77M255.94M309.51M529.94M544.95M644.29M
Net Debt508.53M274.52M262.25M101M35.31M234.08M430.13M329.99M546.8M
Long-Term Debt68.84M69.07M69.08M84.33M44.33M44.33M44.33M44.33M62.52M
Short-Term Debt541.99M271.05M268.81M162.44M211.61M265.18M485.61M500.62M581.78M
Other Liabilities000000095.79M1.05B
Total Current Liabilities3.59B3.79B3.89B4.29B4.91B5.18B5.18B5.13B581.78M
Total Non-Current Liabilities69.63M70.65M69.08M84.33M44.33M44.33M44.33M140.12M1.11B
Total Liabilities3.66B3.86B3.96B4.37B4.96B5.22B5.22B5.27B6.28B
Total Equity
403.41M▲ 0%
435.82M▲ 8.0%
473.42M▲ 8.6%
529.31M▲ 11.8%
541.29M▲ 2.3%
451.28M▼ 16.6%
495.06M▲ 9.7%
531.23M▲ 7.3%
696.56M▲ 31.1%
Equity Growth %3.03%8.03%8.63%11.81%2.26%-16.63%9.7%7.31%31.12%
Equity / Assets (Capital Ratio)9.92%10.14%10.69%10.81%9.84%7.96%8.66%9.15%9.99%
Return on Equity (ROE)7.16%12.65%12.58%11.86%12.89%12.38%9.17%10.33%10.61%
Book Value per Share25.8827.8930.6435.2336.1530.7033.8936.3041.07
Tangible BV per Share19.4921.5624.2828.7429.6824.1527.3429.8029.62
Common Stock156.9M158.22M139.1M131.07M123.11M115.07M115.6M116.42M215.8M
Additional Paid-in Capital000000000
Retained Earnings266.72M302.03M340.58M377.5M424.41M462.16M481.01M509.45M545.15M
Accumulated OCI-20.21M-24.42M-6.27M20.74M-6.23M-125.95M-101.55M-94.65M-64.39M
Treasury Stock000000000
Preferred Stock000000000

CAC Cash Flow Statement

Camden National Corporation (CAC) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations58.33M64.33M32.87M18.23M142.72M105.18M67.51M60.93M65.22M
Operating CF Growth %1.6%10.29%-48.91%-44.54%682.86%-26.3%-35.82%-9.74%7.04%
Net Income28.48M53.07M57.2M59.49M69.01M61.44M43.38M53M65.16M
Depreciation & Amortization5.57M4.49M4.6M4.51M4.36M4.12M3.96M3.87M0
Deferred Taxes000-1.76M-637K1.78M1.31M298K0
Other Non-Cash Items10.38M5.49M-3.23M-12.67M64.31M39.98M9.68M514K15.84M
Working Capital Changes12.44M-404K-27.59M-33.12M3.29M-4.68M6.38M349K-15.78M
Cash from Investing-212.13M-276.78M-55.84M-294.45M-649.09M-487.72M-7.03M30.33M-57.73M
Purchase of Investments-170.5M-232.21M-339.29M-433.42M-758.85M-138.17M-137.13M-60.39M0
Sale/Maturity of Investments154.97M191.76M355.61M265.84M321.63M233.67M225.13M123.06M0
Net Investment Activity-15.52M-40.44M16.32M-167.58M-437.22M95.5M88M62.67M0
Acquisitions000000000
Other Investing-193.76M-231.31M-67.89M-123.94M-210.02M-581.04M-92.41M-26.76M-57.73M
Cash from Financing169.06M176.47M31.6M346.36M581.23M237.34M-36.1M23.9M-124.97M
Dividends Paid-14.32M-17.17M-18.57M-19.84M-21.08M-23.51M-24.54M-24.56M-28.47M
Share Repurchases0-27K-20.8M-9.69M-10.09M-10.24M-2M-1.61M0
Stock Issued00000000-537K
Net Stock Activity0-27K-20.8M-9.69M-10.09M-10.24M-2M-1.61M-537K
Debt Issuance (Net)1000K-1000K-1000K-1000K1000K1000K1000K1000K-1000K
Other Financing166.69M463.78M73.13M467.4M603.38M217.69M-229.83M35.34M-67.28M
Net Change in Cash
15.26M▲ 0%
-35.97M▼ 335.7%
8.64M▲ 124.0%
70.14M▲ 712.1%
74.85M▲ 6.7%
-145.2M▼ 294.0%
24.38M▲ 116.8%
115.16M▲ 372.4%
-94K▼ 100.1%
Exchange Rate Effect000000000
Cash at Beginning87.71M102.97M67M75.64M145.77M220.63M75.43M99.8M38.56M
Cash at End102.97M67M75.64M145.77M220.63M75.43M99.8M214.96M38.47M
Interest Paid20.77M30.18M41.37M21.5M11.19M24.55M92.35M116.72M117.08M
Income Taxes Paid16.84M10.67M13.54M15.66M18.5M13.24M11.15M8.82M6.15M
Free Cash Flow
55.49M▲ 0%
59.31M▲ 6.9%
28.6M▼ 51.8%
15.3M▼ 46.5%
140.86M▲ 820.4%
103M▼ 26.9%
64.89M▼ 37.0%
55.36M▼ 14.7%
59.52M▲ 7.5%
FCF Growth %-0.46%6.89%-51.77%-46.5%820.44%-26.88%-37%-14.69%7.51%

CAC Banking Ratios

Camden National Corporation (CAC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)10.62%7.16%12.65%12.58%11.86%12.89%12.38%9.17%10.33%10.61%
Return on Assets (ROA)1.06%0.72%1.27%1.31%1.28%1.33%1.1%0.76%0.92%1.02%
Net Interest Margin2.93%2.84%2.8%2.88%2.78%2.5%2.6%2.31%2.28%2.91%
Efficiency Ratio52.04%49.87%47.63%44.29%47.19%51.27%48.95%40.84%36.81%40.56%
Equity / Assets10.13%9.92%10.14%10.69%10.81%9.84%7.96%8.66%9.15%9.99%
Book Value / Share25.2525.8827.8930.6435.2336.1530.733.8936.341.07
NII Growth30.79%1.97%4.42%6.01%6.8%0.83%7.46%-10.45%0.14%53.46%
Dividend Payout30.93%50.3%32.35%32.47%33.36%30.55%38.27%56.56%46.33%43.7%

CAC SEC Filings & Documents

Camden National Corporation (CAC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Mar 31, 2026·SEC

Material company update

Jan 27, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 6, 2026·SEC

FY 2025

Mar 7, 2025·SEC

10-Q Quarterly Reports

3
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 8, 2025·SEC

CAC Frequently Asked Questions

Camden National Corporation (CAC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Camden National Corporation (CAC) grew revenue by 26.8% over the past year. This is strong growth.

Yes, Camden National Corporation (CAC) is profitable, generating $65.2M in net income for fiscal year 2025 (17.7% net margin).

Dividend & Returns

Yes, Camden National Corporation (CAC) pays a dividend with a yield of 3.42%. This makes it attractive for income-focused investors.

Camden National Corporation (CAC) has a return on equity (ROE) of 10.6%. This is reasonable for most industries.

Industry Metrics

Camden National Corporation (CAC) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.

Camden National Corporation (CAC) has an efficiency ratio of 40.6%. This is excellent, indicating strong cost control.

Explore More CAC

Camden National Corporation (CAC) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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