Camden National CorpCAC

NasdaqFinanceNational Commercial Banks
Price (close)
$57.82
Market cap
$976.9M
P/E
11.0x
Revenue (TTM)
$42.8M
Net income
$88.7M
Dividend yield
2.91%
1-year total return
53.9%
Net margin
207.1%
Revenue growth
11.7%
Debt / equity
0.70x

What Camden National Corp does.

Overview . Camden National Corporation (hereafter referred to as “we,” “our,” “us,” or the “Company”) is a publicly-held bank holding company, with $7.0 billion in assets at December 31, 2025, incorporated under the laws of the State of Maine and headquartered in Camden, Maine. Camden National Bank (the “Bank”), a wholly-owned subsidiary of the Company, was founded in 1875. The Company was founded in 1984, went public in 1997, and is registered with NASDAQ Global Market (“NASDAQ”) under the ticker symbol “CAC.”

Our consolidated financial statements accompanying this Form 10-K include the accounts of the Company, the Bank and the Bank’s subsidiaries and divisions. All inter-company accounts and transactions have been eliminated in consolidation.

On January 2, 2025, we completed our acquisition of Northway Financial, Inc. (“Northway”) and its bank subsidiary, Northway Bank. The acquisition of Northway added $971.9 million of deposits and $1.2 billion total assets to our balance sheet, and expanded our presence in New Hampshire by adding 17 branches to our network. Refer to Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Note 2 of the consolidated financial statements for additional details regarding the Northway acquisition.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$27.7M$32.0M$33.3M$33.6M$35.7M$41.7M
Net income$59.5M$69.0M$61.4M$43.4M$53.0M$65.2M
Free cash flow$15.3M$140.9M$103.0M$64.9M$55.4M$58.2M

More on CAC.

Figures from Camden National Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.