Camden Natl Corp Stock Price, News & Analysis

Camden National Corporation (NASDAQ: CAC) reported a net income of $52.5 million and diluted EPS of $3.49 for the nine months ending September 30, 2021, reflecting increases of 27% and 28%, respectively, year-over-year. The company experienced a net income of $14.6 million and diluted EPS of $0.97 in Q3 2021, down 13% from the prior year and down 19% from Q2 2021 due to a strategic shift to retain more residential mortgage production. As of September 30, 2021, total assets grew to $5.5 billion, and total deposits increased by 15% to $4.6 billion.

Camden National Corporation (NASDAQ: CAC) will announce its financial results for Q3 2021 on October 26, 2021. A conference call will follow at 3:00 p.m. Eastern, hosted by CEO Gregory A. Dufour and CFO Gregory A. White. Participants can join via dial-in or webcast. Camden National Bank, a community bank with $5.2 billion in assets and over 600 employees, offers a range of banking services through 58 centers and digital platforms, consistently recognized for customer experience excellence.

Camden National Corporation (NASDAQ: CAC) announced a quarterly dividend of $0.36 per share, resulting in an annualized yield of 2.93% based on a closing price of $49.09 on September 27, 2021. The dividend is payable on October 29, 2021 to shareholders of record by October 15, 2021. As the largest publicly traded bank holding company in Northern New England with $5.2 billion in assets, Camden National Bank provides comprehensive banking and wealth management solutions.

Camden National Corporation (NASDAQ: CAC) reported impressive financial results for Q2 2021, with net income of $18.1 million and diluted EPS of $1.21, marking a 66% increase year-over-year. For the first six months, net income reached $37.9 million, a 55% increase. The company's return on average equity was 13.50%, reflecting solid performance despite an 8% decrease in net income compared to Q1 2021. The company declared a cash dividend of $0.36 per share, yielding 3.02%. Loan growth was 3%, with improved asset quality and a low non-performing asset ratio of 0.17%. Total assets increased to $5.2 billion.

Camden National Corporation (NASDAQ: CAC) will announce its financial results for the quarter ending June 30, 2021, on July 27, 2021. The announcement will be followed by a conference call at 3:00 p.m. Eastern, hosted by CEO Gregory A. Dufour and CFO Gregory A. White. Camden National, the largest bank holding company in Northern New England with assets of $5.1 billion, has received multiple awards for customer experience and community involvement over the past years. A live webcast will be available on their website prior to the call.

On June 29, 2021, Camden National Corporation (NASDAQ: CAC) announced a quarterly dividend of $0.36 per share, providing an annualized dividend yield of 2.98% based on the June 28 closing price of $48.30. The dividend will be payable on July 30, 2021, to shareholders of record on July 15, 2021. Camden National Corporation, with $5.1 billion in assets, is the largest publicly traded bank holding company in Northern New England, offering community banking and wealth management services.

Camden National Corporation (NASDAQ: CAC) reported a robust net income of $19.7 million for Q1 2021, a 46% increase over the previous year, translating to diluted EPS of $1.31. The company's return on equity stood at 15.00%. Mortgage banking income doubled year-over-year, and an income of $1.9 million was recognized from SBA PPP loans. Non-performing assets were low at 0.20%. Camden National's book value per share grew 8% to $35.64. The company's quarterly dividend was increased by 9% to $0.36. Total assets reached $5.1 billion, reflecting a 4% growth.

Camden National Corporation (NASDAQ: CAC) will release its financial results for Q1 2021 on April 27, 2021. The announcement will be followed by a conference call at 1:00 p.m. Eastern Time, hosted by CEO Gregory A. Dufour and CFO Gregory A. White. Investors can join via a domestic dial-in at (888) 349-0139 or international dial-in at (412) 542-4154, or through the live webcast available on the company's website. Camden National Corporation is the largest publicly traded bank in Northern New England, with $4.9 billion in assets.

Camden National Corporation (NASDAQ: CAC) has announced a quarterly dividend of $0.36 per share, reflecting a 9% increase from the previous dividend of $0.33. Based on the closing price of $47.70 on March 29, 2021, this results in an annualized yield of 3.02%. The dividend is scheduled for payment on April 30, 2021, to shareholders of record by April 15, 2021. CEO Gregory A. Dufour highlighted the company's strong financial performance, which supports its commitment to rewarding shareholders.