Camden National Corporation (CAC)

NASDAQ: CAC · IEX Real-Time Price · USD
30.06
+1.35 (4.70%)
Apr 19, 2024, 4:00 PM EDT - Market closed
4.70%
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]

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

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 Statements

Analyst Forecast

According to one analyst, the rating for CAC stock is "Hold" and the 12-month stock price forecast is $31.0.

Price Target
$31.0
(3.13% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

18 days 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 ...

24 days ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

3 months 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...

4 months 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...

4 months ago - PRNewsWire

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...

6 months 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...

7 months ago - PRNewsWire

Camden National Corporation Announces its Third Quarter 2023 Dividend

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

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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 ...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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; "...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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/ ...

1 year ago - 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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

Camden National Corporation Announces its Third Quarter 2022 Dividend

CAMDEN, Maine , Sept. 27, 2022 /PRNewswire/ -- Gregory A.

1 year ago - PRNewsWire