CAMDEN NATIONAL CORP (CAC)
Financials · Community Banking · NASDAQ
A relationship-driven community bank with $7 billion in assets across Northern New England, combining local decision-making with digital capabilities and a comprehensive suite of financial services.
What CAMDEN NATIONAL CORP does
Camden National Corporation is a publicly-held bank holding company headquartered in Camden, Maine, operating through its subsidiary Camden National Bank (founded 1875). The company provides banking and financial services to consumer, institutional, municipal, non-profit and commercial customers across 72 branches in Maine, New Hampshire, and Massachusetts. Primary services include retail and commercial lending, deposit-taking, wealth management and trust services, brokerage, investment advisory and insurance services, with net interest income representing approximately 79% of total revenues.
Themes: ["Community banking / relationship-driven banking","Northern New England regional expansion","Wealth management","Digital banking capabilities","Bank M&A consolidation strategy"]
Fundamentals
- Price$53.67 as of 2026-07-09 close
- Market cap$894M as of 2026-07-10
- 1-year return+23.9% as of 2026-07-09 close
- P/E11.22 as of 2026-07-10
- Net margin+29.3% as of 2026-07-10
- ROE+11.7% as of 2026-07-10
- Debt / equity0.46 as of 2026-07-10
- Revenue growth (YoY)+32.4% as of 2026-07-10
- Revenue CAGR (3y)+7.8% SEC XBRL
- Beta0.55 as of 2026-07-10
Dividend: yield +3.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Credit losses and loan portfolio deterioration, with provision for credit losses of $553K in Q1 2026 indicating ongoing credit risk exposure","Net interest margin compression from competitive deposit pricing and rising interest expense; interest expense on deposits decreased from $24.6M to $21.6M YoY but remains material","Integration and execution risks from recent acquisitions, particularly the Northway Financial acquisition completed January 2025 which added $1.2 billion in assets"]
Competitors & peers
- Bangor Savings Bank
- Bar Harbor Bank & Trust
- Eastern Bank
- Peoples United Financial
- Berkshire Bank
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.