Camden National Corporation (CAC)

Camden National Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	243.55	214.65	195.38	144.71	125.44	134
Interest Income on Investments	41.39	34.91	30.87	28.08	23.05	23.2
Total Interest Income	284.93	249.56	226.25	172.79	148.48	157.2
Interest Paid on Deposits	97.67	95.81	78.88	20.31	7.92	15.54
Interest Paid on Borrowings	20.19	21.3	15.1	4.79	3.13	5.35
Total Interest Expense	117.87	117.1	93.98	25.09	11.05	20.89
Net Interest Income	167.06	132.45	132.26	147.69	137.44	136.31
Net Interest Income Growth (YoY)	29.76%	0.14%	-10.45%	7.46%	0.83%	6.80%
Trust Income	7.47	7.27	6.67	6.41	6.52	6.12
Mortgage Banking Activities	3.47	3.23	2.92	4.22	13.71	18.51
Gain (Loss) on Sale of Investments	-	-	-10.31	-0.91	-	-
Other Non-Interest Income	27.86	25.6	23.92	23.4	22.89	19.19
Total Non-Interest Income	47.84	44.54	31.03	40.7	49.74	50.52
Non-Interest Income Growth (YoY)	49.37%	43.52%	-23.75%	-18.16%	-1.54%	19.95%
Revenues Before Loan Losses	214.9	176.99	163.3	188.4	187.17	186.82
Provision for Loan Losses	17.4	-0.4	2.1	4.5	-3.19	12.42
Revenue	197.5	177.4	161.2	183.9	190.36	174.4
Revenue Growth (YoY)	21.74%	10.05%	-12.34%	-3.40%	9.15%	4.51%
Salaries and Employee Benefits	68.99	61.17	57.22	59.47	58.63	56.15
Occupancy Expenses	8.01	6.33	6.14	6.09	6.06	5.92
Federal Deposit Insurance	3.7	3.26	3.41	2.34	2.07	1.45
Amortization of Goodwill & Intangibles	3.22	0.56	0.59	0.63	0.66	0.68
Selling, General & Administrative	25.39	22.43	22.22	21.16	19.79	19.04
Other Non-Interest Expense	19.59	16.83	17.73	17.14	16.62	15.16
Total Non-Interest Expense	129.22	110.78	107.36	106.85	103.72	98.78
EBT Excluding Unusual Items	68.28	66.62	53.84	77.05	86.64	75.62
Asset Writedown	-	-	-	-	-0	-0.03
Legal Settlements	-	-	-	-	-	-1.2
Pretax Income	58.19	65.46	53.84	77.05	86.64	74.4
Income Tax Expense	9.04	12.46	10.45	15.61	17.63	14.91
Net Income	49.15	53	43.38	61.44	69.01	59.49
Preferred Dividends & Other Adjustments	-	0.01	0.05	0.16	0.19	0.15
Net Income to Common	49.15	52.99	43.33	61.28	68.82	59.34
Net Income Growth	12.90%	22.18%	-29.39%	-10.98%	16.02%	3.99%
Basic Shares Outstanding	16	15	15	15	15	15
Diluted Shares Outstanding	16	15	15	15	15	15
Shares Change (YoY)	7.95%	0.17%	-0.62%	-1.81%	-0.35%	-2.78%
EPS (Basic)	3.13	3.63	2.98	4.18	4.62	3.96
EPS (Diluted)	3.11	3.62	2.97	4.17	4.60	3.95
EPS Growth	4.81%	21.89%	-28.78%	-9.35%	16.46%	7.05%
Dividend Per Share	1.680	1.680	1.680	1.620	1.480	1.320
Dividend Growth	-	-	3.70%	9.46%	12.12%	7.32%
Effective Tax Rate	15.54%	19.03%	19.42%	20.26%	20.34%	20.04%

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q