Welcome to our dedicated page for Camden Natl news (Ticker: CAC), a resource for investors and traders seeking the latest updates and insights on Camden Natl stock.
Camden National Corporation (NASDAQ: CAC) is a Maine‑based bank holding company and, according to its public statements, Northern New England's largest publicly traded bank holding company. Through Camden National Bank and Camden National Wealth Management, the company provides commercial banking, consumer banking, and wealth management services, and it regularly issues news and updates that are relevant to investors, customers, and market watchers.
The news flow for Camden National Corporation often centers on quarterly and annual earnings results, where the company reports net income, returns on assets and equity, capital ratios, loan and deposit trends, and asset quality metrics. These earnings releases are typically accompanied by conference calls and webcasts, with details on how to join and where to access replays and transcripts.
Another recurring category of news involves dividend declarations. The board of directors has repeatedly announced quarterly cash dividends on the company’s common stock, and these announcements specify the dividend amount per share, record dates, and payment dates. Such releases are also reflected in Form 8‑K filings.
Camden National Corporation’s news also includes corporate governance updates, such as board succession plans. Recent communications have described the planned retirement of the Chair of the Board and the appointment of a Vice‑Chair who will succeed as Chair, highlighting the company’s approach to leadership continuity.
In addition, the company may appear in strategic and partnership announcements related to its banking operations. For example, Camden National Bank has been featured in a partnership release involving a personalized banking platform aimed at enhancing digital banking experiences and savings tools for customers.
Investors and followers of CAC can use this news page to review earnings announcements, dividend news, board and governance developments, and selected business initiatives that shape Camden National Corporation’s financial and strategic profile over time.
Camden National Corporation (NASDAQ: CAC) will disclose its financial and operating results for Q4 and the year ending December 31, 2021, on January 25, 2022. A conference call is scheduled for 3:00 p.m. Eastern on the same day, featuring President and CEO Gregory A. Dufour and CFO Michael R. Archer. Camden National, the largest publicly traded bank holding company in Northern New England, boasts $5.5 billion in assets and a commitment to customer service through its 58 banking centers and digital banking solutions.
On December 21, 2021, Camden National Corporation (NASDAQ: CAC) announced a quarterly dividend of $0.40 per share, reflecting an 11% increase from the previous quarter and a 21% increase year-over-year. This yield equates to an annualized rate of 3.52% based on a stock price of $45.47 as of December 20, 2021. The dividend will be paid on January 31, 2022, to shareholders of record by January 14, 2022. This marks the second increase in dividends this year, highlighting the company's commitment to rewarding its shareholders.
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.
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