Camden National Corporation operates as the holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. It offers various deposit products, including demand, checking, saving, and money market accounts; and time deposits. The company also originates single family and multi-family residential loans, commercial real estate loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties; and commercial lending to the small business medical field, including dentists, optometrists, and veterinarians. As of January 30, 2018, it operated a network of 60 banking centers, 76 ATMs, and lending offices in New Hampshire and Massachusetts. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, Camden National Corporation offers a range of investment management, financial planning, fiduciary, asset management, and wealth management services, as well as serves as trustee. The company was founded in 1875 and is headquartered in Camden, Maine.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CAC
Previous Symbol
CUSIP13303410
Phone207-236-8821
Debt
Debt-to-Equity Ratio0.17
Current Ratio0.81
Quick Ratio0.81
Price-To-Earnings
Trailing P/E Ratio11.54
Forward P/E Ratio11.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$174.70 million
Price / Sales3.27
Cash Flow$3.2773 per share
Price / Cash Flow11.18
Book Value$26.00 per share
Price / Book1.41
Profitability
EPS (Most Recent Fiscal Year)$2.73
Net Income$28.47 million
Net Margins19.47%
Return on Equity12.28%
Return on Assets1.21%
Miscellaneous
Employees636
Outstanding Shares15,590,000
Market Cap$577.26 million
OptionableOptionable
Camden National (NASDAQ:CAC) Frequently Asked Questions
What is Camden National's stock symbol?
Camden National trades on the NASDAQ under the ticker symbol "CAC."
How often does Camden National pay dividends? What is the dividend yield for Camden National?
Camden National announced a quarterly dividend on Tuesday, September 25th. Stockholders of record on Monday, October 15th will be paid a dividend of $0.30 per share on Wednesday, October 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Friday, October 12th. View Camden National's Dividend History.
How were Camden National's earnings last quarter?
Camden National Co. (NASDAQ:CAC) issued its quarterly earnings results on Tuesday, October, 30th. The financial services provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.04. The financial services provider had revenue of $40.82 million for the quarter, compared to analyst estimates of $39.90 million. Camden National had a return on equity of 12.28% and a net margin of 19.47%. View Camden National's Earnings History.
When is Camden National's next earnings date?
What price target have analysts set for CAC?
2 brokerages have issued 12-month price targets for Camden National's shares. Their forecasts range from $48.00 to $51.50. On average, they anticipate Camden National's stock price to reach $49.75 in the next twelve months. This suggests a possible upside of 35.8% from the stock's current price. View Analyst Price Targets for Camden National.
What is the consensus analysts' recommendation for Camden National?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Camden National in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Camden National.
Has Camden National been receiving favorable news coverage?
Headlines about CAC stock have trended very negative on Saturday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Camden National earned a news impact score of -3.8 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Camden National's key competitors?
Some companies that are related to Camden National include First Midwest Bancorp (FMBI), Washington Federal (WAFD), WesBanco (WSBC), Centerstate Bank (CSFL), Trustmark (TRMK), First Merchants (FRME), Northwest Bancshares (NWBI), BancFirst (BANF), Hope Bancorp (HOPE), FCB Financial (FCB), Cadence Bancorp (CADE), NBT Bancorp (NBTB), Westamerica Bancorporation (WABC), First Commonwealth Financial (FCF) and WSFS Financial (WSFS).
Who are Camden National's key executives?
Camden National's management team includes the folowing people:
- Mr. Gregory A. Dufour, Pres, CEO & Director (Age 57)
- Ms. Deborah A. Jordan CPA, Exec. VP, CFO, COO & Principal Financial & Accounting Officer (Age 52)
- Ms. Joanne T. Campbell, Exec. VP & Risk Management Officer (Age 55)
- Mr. Timothy P. Nightingale, Exec. VP & Sr. Loan Officer (Age 60)
- Mr. Edmund M. Hayden III, Exec. VP & Chief Credit Officer (Age 62)
Who are Camden National's major shareholders?
Camden National's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (8.67%), BlackRock Inc. (7.29%), Dimensional Fund Advisors LP (5.13%), Vanguard Group Inc. (4.46%), Vanguard Group Inc (4.46%) and LSV Asset Management (4.20%). Company insiders that own Camden National stock include Carl John Soderberg, Deborah A Jordan, Edmund M Hayden, Gregory A Dufour, Joanne T Campbell, John W Holmes, June B Parent, Marie J Mccarthy and Timothy P Nightingale. View Institutional Ownership Trends for Camden National.
Which major investors are selling Camden National stock?
CAC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, LSV Asset Management, BTIM Corp., Bowling Portfolio Management LLC, Bank of New York Mellon Corp, Clean Yield Group and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Camden National.
Which major investors are buying Camden National stock?
CAC stock was bought by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Royce & Associates LP, Eagle Asset Management Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, BlackRock Inc., Vanguard Group Inc and Vanguard Group Inc.. Company insiders that have bought Camden National stock in the last two years include Carl John Soderberg, Deborah A Jordan, Edmund M Hayden, Gregory A Dufour, Joanne T Campbell, John W Holmes, Marie J Mccarthy and Timothy P Nightingale. View Insider Buying and Selling for Camden National.
How do I buy shares of Camden National?
Shares of CAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Camden National's stock price today?
One share of CAC stock can currently be purchased for approximately $36.64.
How big of a company is Camden National?
Camden National has a market capitalization of $577.26 million and generates $174.70 million in revenue each year. The financial services provider earns $28.47 million in net income (profit) each year or $2.73 on an earnings per share basis. Camden National employs 636 workers across the globe.
What is Camden National's official website?
How can I contact Camden National?
Camden National's mailing address is 2 ELM STREET, CAMDEN ME, 04843. The financial services provider can be reached via phone at 207-236-8821 or via email at [email protected]
MarketBeat Community Rating for Camden National (NASDAQ CAC)
MarketBeat's community ratings are surveys of what our community members think about Camden National and other stocks. Vote "Outperform" if you believe CAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
