CAC
Camden National Corporation45.81
+0.13+0.29%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Q&A reinforces growth outlook, NIM expansion
Q&A largely reaffirmed the prepared remarks' upbeat tone on post-Northway integration momentum, with management guiding mid-single-digit loan growth for 2026 amid robust New Hampshire pipeline and 54% YoY home equity surge. They expect NIM expansion of 5-10bps in Q4 from Fed cuts, benefiting liability-sensitive positioning with deposit betas settling at 35-40%. Noninterest expenses guided to $36M-$36.5M for Q4 due to incentives and a one-off BOLI-related item, targeting mid-50s efficiency ratio. Allowance for credit losses comfortable at low-90s bps post-syndicated loan charge-off cleanup. Fee income trends in brokerage and wealth look set to continue with targeted investments. Management stayed disciplined on expenses. Credit quality holds firm.
Key Stats
Market Cap
775.21MP/E (TTM)
13.05Basic EPS (TTM)
3.51Dividend Yield
0.04%Recent Filings
8-K
8-K
Q3 earnings surge post-Northway
Camden National furnished an investor presentation detailing Q3 2025 results, with net income hitting $21.2 million, up 51% from Q2 amid post-Northway acquisition integration. Loans reached $5.0B, deposits $5.4B, NIM expanded to 3.16%, and efficiency ratio improved to 52.47%. Record earnings prove the franchise's strength. Capital ratios exceed requirements, yet forward-looking statements note acquisition risks.
8-K
Q3 earnings soar post-Northway
Camden National furnished an investor presentation detailing Q3 2025 results, with net income hitting $21.2 million, up 51% from Q2 amid post-Northway integration. Loans reached $5.0B, deposits $5.4B, NIM expanded to 3.16%, and asset quality shone with NPAs at 0.12%. Record earnings prove the franchise's post-acquisition punch. Capital ratios exceed requirements, primed for growth.
10-Q
Q3 FY2025 results
Camden National crushed Q3 with net income up 62% y/y to $21.2M ($1.25 diluted EPS), fueled by the Jan 2025 Northway acquisition that doubled assets to $7B and boosted net interest income 53% y/y to $51.3M (derived). Loans swelled 22% to $5.0B while deposits climbed 17% to $5.4B, yet core funding costs dipped. Provision hit $3.0M after a $10.7M syndicated loan charge-off, but nonperformers stayed tiny at 0.17% of loans. Northway closed for $96.5M all-stock, adding $56.8M goodwill and $48.1M CDI (10-year life). Cash sits at $99M with $731M FHLBB line; debt mixes short-term FHLBB advances, repos, and $61M debentures. Solid capital exceeds buffers. Commercial real estate exposure looms large.
8-K
Record Q3 net income
IPO
Employees
Sector
Industry
ACNB
ACNB Corporation
52.51-0.10
BCAL
California BanCorp
19.55-0.05
CADE
Cadence Bank
42.98-0.26
CBNK
Capital Bancorp, Inc.
29.97+0.34
CCNE
CNB Financial Corporation
27.72-0.13
CMTV
Community Bancorp.
24.80+0.30
CZNC
Citizens & Northern Corp
21.98-0.01
FNLC
First Bancorp, Inc (ME)
28.27-0.09
FXNC
First National Corporation
26.20+0.01
LCNB
LCNB Corporation
17.45-0.26