Camden National (NASDAQ:CAC) Posts Earnings Results, Beats Expectations By $0.01 EPS

Camden National (NASDAQ:CAC) released its quarterly earnings results on Tuesday. The financial services provider reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.01, Zacks reports. The company had revenue of $68.05 million for the quarter, compared to analyst estimates of $66.40 million. Camden National had a return on equity of 11.39% and a net margin of 17.46%.

Here are the key takeaways from Camden National’s conference call:

• Record fourth-quarter results — net income of $22.6 million (EPS $1.33) and full-year net income $65.2 million (EPS $3.84), with NIM up to 3.29%, an efficiency ratio near 51.7%, ROA ~1.3% and ROTAE ~19.1%.
• Management says the Northway acquisition is fully delivering, and the company is accelerating organic growth (expanded southern commercial footprint); wealth AUA rose 15% to $2.4 billion and home‑equity lending grew 18% organically in 2025.
• Deposit and digital momentum — deposits were up 2% QoQ, high‑yield savings balances grew 28% organically for the year, and digital initiatives (Family Wallet, RoundUp Savings ~1M transactions) helped digital engagement for customers under 45 increase 19% YoY.
• Capital actions and balance‑sheet strength — management rebuilt acquisition capital faster than expected and authorized a share repurchase program of up to 850,000 shares (~5% of outstanding), supporting shareholder return optionality.
• Credit and loan dynamics — total loans fell 1% QoQ due to elevated payoffs/prepayments and the bank took a $3 million CRE charge‑off (but achieved an 88% recovery); loan loss reserves remain sizable at 91 bps of loans, though provisions could be lumpy.

Camden National Stock Down 3.6%

Shares of CAC opened at $45.67 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $44.02 and a 200 day moving average of $40.84. The company has a market cap of $772.74 million, a PE ratio of 13.01 and a beta of 0.65. Camden National has a 52-week low of $34.53 and a 52-week high of $48.40.

Camden National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, January 15th. Camden National’s dividend payout ratio is presently 47.86%.

Key Camden National News

Here are the key news stories impacting Camden National this week:

• Positive Sentiment: Recorded Q4 beat: Camden reported record Q4 net income of $22.6M and diluted EPS of $1.33 (above the $1.32 consensus) with revenue of $68.05M, driving confidence in near-term earnings. Camden National Corporation Announces Another Record with Fourth Quarter 2025 Net Income of $22.6 Million and Diluted EPS of $1.33
• Positive Sentiment: Market reaction: Coverage notes the stock hit a new 1-year high following the better-than-expected results, reflecting investor buying on the earnings beat. Camden National (NASDAQ:CAC) Hits New 1-Year High Following Better-Than-Expected Earnings
• Positive Sentiment: Growth outlook: Management outlined low-to-mid single-digit deposit growth for 2026 and plans to expand digital engagement — a signal of modest organic growth and strategic investment that supports steady revenue prospects. Camden National outlines low to mid-single-digit deposit growth for 2026 while expanding digital engagement
• Positive Sentiment: Analyst action: Keefe, Bruyette & Woods raised its price target from $45 to $47 (still a “market perform”), a modest endorsement that provides additional short-term upside support. Benzinga report on KBW price target
• Neutral Sentiment: More detail available: Multiple earnings call transcripts and highlights were published — useful for investors digging into margin drivers, credit costs, and capital deployment but not new market-moving headlines by themselves. Camden National Corporation (CAC) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Short-interest data appears anomalous in public feeds (reports showing zero shares / NaN changes). No clear evidence of elevated short pressure affecting the stock currently. (Data sources reporting the anomaly.)

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CAC shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Camden National in a research note on Monday, December 29th. Keefe, Bruyette & Woods raised their target price on shares of Camden National from $45.00 to $47.00 and gave the stock a “market perform” rating in a research note on Wednesday. National Bankshares set a $47.00 price target on Camden National in a report on Wednesday. Finally, Janney Montgomery Scott upgraded shares of Camden National to a “hold” rating in a research report on Wednesday, October 22nd. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Camden National currently has an average rating of “Hold” and an average target price of $46.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets raised its position in Camden National by 62.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,134 shares of the financial services provider’s stock valued at $391,000 after purchasing an additional 3,892 shares in the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of Camden National during the 3rd quarter worth approximately $150,000. Intech Investment Management LLC grew its position in Camden National by 6.1% during the third quarter. Intech Investment Management LLC now owns 7,282 shares of the financial services provider’s stock valued at $281,000 after buying an additional 421 shares during the period. First Trust Advisors LP boosted its position in Camden National by 6.4% during the second quarter. First Trust Advisors LP now owns 11,235 shares of the financial services provider’s stock worth $456,000 after purchasing an additional 678 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new stake in shares of Camden National in the second quarter valued at about $202,000. Institutional investors own 77.41% of the company’s stock.

About Camden National

Camden National Corporation is a bank holding company headquartered in Camden, Maine. Through its primary subsidiary, Camden National Bank, the company provides a full range of community banking services to individuals and businesses. Its branch network spans much of the State of Maine, with a concentration in the midcoast, central and southern regions.

The company’s offerings include deposit products such as checking, savings and money market accounts, along with consumer and commercial lending services.