Camden National Corporation (CAC)

NASDAQ: CAC · Real-Time Price · USD
43.42
+1.13 (2.67%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.67%
Market Cap 632.94M
Revenue (ttm) 168.76M
Net Income (ttm) 46.80M
Shares Out 14.58M
EPS (ttm) 3.20
PE Ratio 13.57
Forward PE 13.46
Dividend $1.68 (3.87%)
Ex-Dividend Date Oct 15, 2024
Volume 69,881
Open 42.36
Previous Close 42.29
Day's Range 42.36 - 43.90
52-Week Range 28.62 - 50.07
Beta 0.74
Analysts Hold
Price Target 46.67 (+7.49%)
Earnings Date Jan 28, 2025

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]

Sector Financials
IPO Date Oct 7, 1997
Employees 600
Stock Exchange NASDAQ
Ticker Symbol CAC
Full Company Profile

Financial Performance

In 2023, Camden National's revenue was $161.20 million, a decrease of -12.34% compared to the previous year's $183.90 million. Earnings were $43.33 million, a decrease of -29.29%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CAC stock is "Hold." The 12-month stock price forecast is $46.67, which is an increase of 7.49% from the latest price.

Price Target
$46.67
(7.49% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Camden National Corp. Receives Regulatory Approvals for Merger of Northway Financial, Inc.

CAMDEN, Maine , Dec. 20, 2024 /PRNewswire/ -- Camden National Corporation ("Camden National") (NASDAQ: CAC), the bank holding company for Camden National Bank, announced today that it had received all...

21 hours ago - PRNewsWire

Camden National Corporation Announces its Fourth Quarter 2024 Dividend

CAMDEN, Maine , Dec. 17, 2024 /PRNewswire/ -- Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of d...

3 days ago - PRNewsWire

Camden National Corporation (CAC) Q3 2024 Earnings Call Transcript

Camden National Corporation (NASDAQ:CAC) Q3 2024 Earnings Conference Call October 29, 2024 3:00 PM ET Company Participants Renée Smyth - EVP, Chief Experience and Marketing Officer Simon Griffiths - ...

7 weeks ago - Seeking Alpha

Camden National Corporation Reports Third Quarter 2024 Earnings of $13.1 Million and Diluted EPS of $0.90

Net Interest Margin Expansion and Robust Asset Quality Drive a Strong Quarter CAMDEN, Maine , Oct. 29, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"...

7 weeks ago - PRNewsWire

Camden National Corporation to Announce Quarter Ended September 30, 2024 Financial Results on October 29, 2024

CAMDEN, Maine , Oct. 2, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended September 30, 2024 on Tuesday, October 29, 2024...

2 months ago - PRNewsWire

Camden National Corporation Announces its Third Quarter 2024 Dividend

CAMDEN, Maine , Sept. 24, 2024 /PRNewswire/ -- Simon R.

3 months ago - PRNewsWire

Camden National Corporation and Northway Financial, Inc. to Merge

Positions Camden National as a Premier Northern New England Bank CAMDEN, Maine and NORTH CONWAY, N.H. , Sept. 10, 2024 /PRNewswire/ -- Camden National Corporation ("Camden National") (NASDAQ: CAC), th...

3 months ago - PRNewsWire

Camden National Corporation (CAC) Q2 2024 Earnings Call Transcript

Camden National Corporation (NASDAQ:CAC) Q2 2024 Earnings Conference Call July 30, 2024 3:00 PM ET Company Participants Renée Smyth - Chief Experience and Marketing Officer Simon Griffiths - Presiden...

5 months ago - Seeking Alpha

Camden National Corporation Reports Second Quarter 2024 Earnings of $12.0 Million and Diluted EPS of $0.81

Net Interest Margin Expands, Asset Quality Remains Strong CAMDEN, Maine , July 30, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company") today reported ear...

5 months ago - PRNewsWire

Camden National Corporation to Announce Quarter Ended June 30, 2024 Financial Results on July 30, 2024

CAMDEN, Maine , July 5, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended June 30, 2024 on Tuesday, July 30, 2024. A conf...

6 months ago - PRNewsWire

Camden National Corporation Announces its Second Quarter 2024 Dividend

CAMDEN, Maine , June 25, 2024 /PRNewswire/ -- Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of d...

6 months ago - PRNewsWire

Camden National Corporation (CAC) Q1 2024 Earnings Call Transcript

Camden National Corporation (NASDAQ:CAC) Q1 2024 Earnings Call Transcript April 30, 2024 3:00 PM ET Company Participants Renee Smyth - Chief Experience and Marketing Officer Simon Griffiths - Preside...

8 months ago - Seeking Alpha

Camden National Corporation Reports First Quarter 2024 Earnings of $13.3 Million and Diluted EPS of $0.91

Asset Quality, Capital and Liquidity Remain Stro ng  CAMDEN, Maine , April 30, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company") today reported earning...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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 ...

9 months ago - PRNewsWire

Camden National Corporation (CAC) Q4 2023 Earnings Call Transcript

Camden National Corporation (CAC) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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...

11 months ago - PRNewsWire

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

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

Other symbols: ABBVABTADCAFGALALGALRS
1 year ago - Seeking Alpha

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

Camden National Corporation (CAC) Q3 2023 Earnings Call Transcript

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 C...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

Camden National Corporation Announces its Third Quarter 2023 Dividend

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

1 year ago - PRNewsWire