Camden National Corporation (CAC)

NASDAQ: CAC · IEX Real-Time Price · USD
28.20
-0.63 (-2.19%)
At close: Sep 22, 2023, 4:00 PM
28.64
+0.44 (1.56%)
After-hours: Sep 22, 2023, 4:56 PM EDT
-2.19%
Market Cap 410.45M
Revenue (ttm) 176.14M
Net Income (ttm) 54.73M
Shares Out 14.55M
EPS (ttm) 3.74
PE Ratio 7.54
Forward PE 9.86
Dividend $1.68 (5.96%)
Ex-Dividend Date Jul 13, 2023
Volume 110,431
Open 28.82
Previous Close 28.83
Day's Range 27.92 - 28.83
52-Week Range 27.92 - 44.98
Beta 0.75
Analysts Hold
Price Target 31.00 (+9.93%)
Earnings Date Oct 24, 2023

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 630
Stock Exchange NASDAQ
Ticker Symbol CAC
Full Company Profile

Financial Performance

In 2022, CAC's revenue was $183.90 million, a decrease of -3.40% compared to the previous year's $190.36 million. Earnings were $61.44 million, a decrease of -10.98%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CAC stock is "Hold." The 12-month stock price forecast is $31.0, which is an increase of 9.93% from the latest price.

Price Target
$31.0
(9.93% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 weeks 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...

2 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...

2 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...

3 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 ...

4 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...

5 months 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...

6 months 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...

6 months 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...

6 months 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; "...

8 months 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...

9 months 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...

9 months 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/ ...

11 months 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

CAMDEN NATIONAL CORPORATION REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

Camden National Corporation Reports Net Income of $15.0 Million for the Second Quarter of 2022  and 9% Loan Growth for the First Half of 2022 CAMDEN, Maine , July 26, 2022 /PRNewswire/ -- Camden Natio...

1 year ago - PRNewsWire

Camden National Corporation to Announce Quarter Ended June 30, 2022 Financial Results on July 26, 2022

CAMDEN, Maine , July 7, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended June 30, 2022 on Tuesday, July 26, 2022. A conf...

1 year ago - PRNewsWire

Camden National Corporation Announces its Second Quarter 2022 Dividend

CAMDEN, Maine , June 28, 2022 /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 FIRST QUARTER 2022 FINANCIAL RESULTS

Camden National Reports a 2% Increase in Net Income and Diluted EPS  for the First Quarter of 2022 over the Fourth Quarter of 2021 CAMDEN, Maine , April 26, 2022 /PRNewswire/ -- Camden National Corpor...

1 year ago - PRNewsWire

Camden National Corporation to Announce Quarter Ended March 31, 2022 Financial Results on April 26, 2022

CAMDEN, Maine , April 7, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ:  CAC) will report financial and operating results for the quarter ended March 31, 2022 on Tuesday, April 26, 2022. A ...

1 year ago - PRNewsWire

Camden National Corporation Announces its First Quarter 2022 Dividend

CAMDEN, Maine , March 29, 2022 /PRNewswire/ -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; the "Company"), announced today that the board of ...

1 year ago - PRNewsWire

CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2021 FINANCIAL RESULTS

CAMDEN, Maine, Jan. 25, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.5 billion bank holding company headquartered in Camden, Maine, reported...

1 year ago - PRNewsWire

Camden National Corporation to Announce Quarter and Year Ended December 31, 2021 Financial Results on January 25, 2022

CAMDEN, Maine, Jan. 11, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter and year ended December 31, 2021 on Tuesday, January ...

1 year ago - PRNewsWire

Camden National Corporation Announces an 11% Increase in its Fourth Quarter 2021 Dividend

CAMDEN, Maine, Dec. 21, 2021 /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