Camden National Corporation (CAC)
Market Cap | 437.88M |
Revenue (ttm) | 161.20M |
Net Income (ttm) | 43.38M |
Shares Out | 14.57M |
EPS (ttm) | 2.97 |
PE Ratio | 10.12 |
Forward PE | 9.74 |
Dividend | $1.68 (5.59%) |
Ex-Dividend Date | Apr 12, 2024 |
Volume | 39,676 |
Open | 28.64 |
Previous Close | 28.71 |
Day's Range | 28.64 - 30.09 |
52-Week Range | 26.52 - 39.70 |
Beta | 0.72 |
Analysts | Hold |
Price Target | 31.00 (+3.13%) |
Earnings Date | Apr 30, 2024 |
About CAC
Camden 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 in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, uns... [Read more]
Financial Performance
In 2023, CAC's revenue was $161.20 million, a decrease of -12.34% compared to the previous year's $183.90 million. Earnings were $43.38 million, a decrease of -29.39%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CAC stock is "Hold" and the 12-month stock price forecast is $31.0.
News
Camden National Corporation to Announce Quarter Ended March 31, 2024 Financial Results on April 30, 2024
CAMDEN, Maine , April 1, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended March 31, 2024 on Tuesday, April 30, 2024. A c...
Camden National Corporation Announces its First Quarter 2024 Dividend
CAMDEN, Maine , March 26, 2024 /PRNewswire/ -- Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of ...
CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2023 FINANCIAL RESULTS
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 Corpo...
Camden National Corporation to Announce Quarter and Year Ended December 31, 2023 Financial Results on January 30, 2024
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 ...
Camden National Corporation Announces its Fourth Quarter 2023 Dividend
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 di...
Camden National Bank Names New Chief Credit Officer
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 cre...
CAMDEN NATIONAL CORPORATION REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS
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...
Camden National Corporation to Announce Quarter Ended September 30, 2023 Financial Results on October 31, 2023
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...
Camden National Corporation Announces its Third Quarter 2023 Dividend
CAMDEN, Maine , Sept. 26, 2023 /PRNewswire/ -- Gregory A.
Camden National Corporation Appoints Simon Griffiths as Successor to CEO
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 Corporati...
CAMDEN NATIONAL CORPORATION REPORTS SECOND QUARTER 2023 FINANCIAL RESULTS
Balance Sheet and Asset Quality Remain Strong CAMDEN, Maine , July 25, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.8 billion bank holding c...
Camden National Corporation to Announce Quarter Ended June 30, 2023 Financial Results on July 25, 2023
CAMDEN, Maine , July 3, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended June 30, 2023 on Tuesday, July 25, 2023. A conf...
Camden National Corporation Announces its Second Quarter 2023 Dividend
CAMDEN, Maine , June 27, 2023 /PRNewswire/ -- Gregory A. Dufour, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of di...
Camden National Bank Appoints David Ackley as Chief Risk Officer
CAMDEN, Maine , May 31, 2023 /PRNewswire/ -- Camden National Bank today announced that David Ackley Jr. will be promoted to Executive Vice President and assume the Chief Risk Officer role upon Joanne ...
CAMDEN NATIONAL CORPORATION REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
Capital, Liquidity and Asset Quality Remain Strong CAMDEN, Maine , April 25, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.7 billion bank hol...
Camden National Corporation to Announce Quarter Ended March 31, 2023 Financial Results on April 25, 2023
CAMDEN, Maine , April 7, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended March 31, 2023 on Tuesday, April 25, 2023. A c...
Camden National Corporation Announces Enhancements to Corporate Governance
CAMDEN, Maine , March 29, 2023 /PRNewswire/ -- In connection with the upcoming annual meeting of Camden National Corporation (NASDAQ®: CAC; "Camden National" or the "Company"), the Company announced t...
Camden National Corporation Announces its First Quarter 2023 Dividend
CAMDEN, Maine , March 28, 2023 /PRNewswire/ -- Gregory A. Dufour, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of d...
CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2022 FINANCIAL RESULTS
Camden National Corporation Reports an 8% Increase in Fourth Quarter 2022 Net Income over Third Quarter 2022 CAMDEN, Maine , Jan. 31, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ®: CAC; "...
Camden National Corporation to Announce Quarter and Year Ended December 31, 2022 Financial Results on January 31, 2023
CAMDEN, Maine , Jan. 5, 2023 /PRNewswire/ -- Camden National Corporation (NASDAQ:CAC) will report financial and operating results for the quarter and year ended December 31, 2022 on Tuesday, January 3...
Camden National Corporation Announces a 5% Increase in its Fourth Quarter 2022 Dividend
CAMDEN, Maine , Dec. 20, 2022 /PRNewswire/ -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; "Company"), announced today that the board of direc...
CAMDEN NATIONAL CORPORATION REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS
Camden National Corporation Reports Net Income of $14.3 Million for the Third Quarter of 2022 and $46.1 Million for the Nine Months Ended September 30, 2022 CAMDEN, Maine , Oct. 25, 2022 /PRNewswire/ ...
Camden National Corporation to Announce Quarter Ended September 30, 2022 Financial Results on October 25, 2022
CAMDEN, Maine , Oct. 6, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended September 30, 2022 on Tuesday, October 25, 2022...
Camden National Corporation Appoints Rebecca Hatfield to Board of Directors
Bank welcomes distinguished credit risk and housing leader CAMDEN, Maine , Sept. 28, 2022 /PRNewswire/ -- Camden National Corporation (Nasdaq: CAC), parent company of Camden National Bank, today anno...
Camden National Corporation Announces its Third Quarter 2022 Dividend
CAMDEN, Maine , Sept. 27, 2022 /PRNewswire/ -- Gregory A.