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 Ratio13.68
Forward P/E Ratio11.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$174.70 million
Price / Sales3.28
Cash Flow$3.2853 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$577.41 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 declared a quarterly dividend on Tuesday, September 25th. Shareholders of record on Monday, October 15th will be given a dividend of $0.30 per share on Wednesday, October 31st. This represents a $1.20 annualized dividend and a dividend yield of 3.21%. 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) released its quarterly earnings data on Tuesday, October, 30th. The financial services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.86 by $0.04. The financial services provider had revenue of $40.82 million for the quarter, compared to analysts' expectations of $39.90 million. Camden National had a net margin of 19.47% and a return on equity of 12.28%. 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 1-year price objectives for Camden National's shares. Their forecasts range from $48.00 to $51.50. On average, they expect Camden National's share price to reach $49.75 in the next twelve months. This suggests a possible upside of 33.2% 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?
Press coverage about CAC stock has been trending positive recently, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Camden National earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
Who are some of Camden National's key competitors?
Some companies that are related to Camden National include Washington Federal (WAFD), WesBanco (WSBC), Centerstate Bank (CSFL), Trustmark (TRMK), First Merchants (FRME), Northwest Bancshares (NWBI), Hope Bancorp (HOPE), BancFirst (BANF), FCB Financial (FCB), Cadence Bancorp (CADE), NBT Bancorp (NBTB), Westamerica Bancorporation (WABC), First Commonwealth Financial (FCF), WSFS Financial (WSFS) and Sandy Spring Bancorp (SASR).
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 shareholders include FMR LLC (8.67%), BlackRock Inc. (7.29%), Dimensional Fund Advisors LP (5.13%), Vanguard Group Inc. (4.46%), LSV Asset Management (4.20%) and Royce & Associates LP (3.61%). 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 institutional 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 institutional 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 MetLife Investment Advisors LLC. 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 $37.3379.
How big of a company is Camden National?
Camden National has a market capitalization of $577.41 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.
