Camden National (CAC) Financials

$39.94 +0.21 (+0.53%)

Closing price 04:00 PM Eastern

Extended Trading

$39.90 -0.04 (-0.10%)

As of 04:04 PM Eastern

Annual Income Statements for Camden National

This table shows Camden National's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	53	43	61
Consolidated Net Income / (Loss)	53	43	61
Net Income / (Loss) Continuing Operations	53	43	61
Total Pre-Tax Income	65	54	77
Total Revenue	177	163	188
Net Interest Income / (Expense)	132	132	148
Total Interest Income	250	226	173
Loans and Leases Interest Income	215	195	145
Investment Securities Interest Income	35	31	28
Total Interest Expense	117	94	25
Deposits Interest Expense	96	79	20
Long-Term Debt Interest Expense	21	15	4.79
Total Non-Interest Income	45	31	41
Other Service Charges	42	12	40
Net Realized & Unrealized Capital Gains on Investments	0.00	-10	-0.91
Other Non-Interest Income	2.81	29	1.90
Provision for Credit Losses	-0.40	2.10	4.50
Total Non-Interest Expense	112	107	107
Salaries and Employee Benefits	64	60	62
Net Occupancy & Equipment Expense	22	21	21
Other Operating Expenses	24	26	24
Amortization Expense	0.56	0.59	0.63
Restructuring Charge	1.16	0.00	0.00
Income Tax Expense	12	10	16
Basic Earnings per Share	$3.63	$2.98	$4.18
Weighted Average Basic Shares Outstanding	14.58M	14.56M	14.64M
Diluted Earnings per Share	$3.62	$2.97	$4.17
Weighted Average Diluted Shares Outstanding	14.63M	14.61M	14.70M
Weighted Average Basic & Diluted Shares Outstanding	16.86M	14.57M	14.57M
Cash Dividends to Common per Share	$1.68	$1.68	$1.62

This table shows Camden National's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	15	13	12	13	8.48	9.79	12	13	15	14
Consolidated Net Income / (Loss)	15	13	12	13	8.48	9.79	12	13	15	14
Net Income / (Loss) Continuing Operations	15	13	12	13	8.48	9.79	12	13	15	14
Total Pre-Tax Income	18	16	15	16	10	12	16	16	19	18
Total Revenue	48	45	43	42	39	38	43	44	47	48
Net Interest Income / (Expense)	35	34	32	31	33	33	33	34	37	38
Total Interest Income	63	64	62	60	60	58	56	53	49	45
Loans and Leases Interest Income	54	55	53	52	51	50	49	45	42	38
Investment Securities Interest Income	12	7.47	7.79	7.80	10	6.86	6.88	6.95	8.01	6.68
Total Interest Expense	28	30	30	29	27	25	23	18	12	6.77
Deposits Interest Expense	23	25	24	23	23	21	19	16	11	5.44
Long-Term Debt Interest Expense	4.67	5.08	5.81	5.73	4.25	4.12	4.12	2.61	1.82	1.33
Total Non-Interest Income	12	11	11	10	5.99	5.07	10	9.87	9.78	9.95
Other Service Charges	11	11	9.95	9.64	-17	9.76	9.50	9.27	10	9.58
Other Non-Interest Income	0.72	0.71	0.69	0.68	28	0.64	0.61	0.59	0.38	0.37
Provision for Credit Losses	0.81	0.24	0.65	-2.10	0.57	-0.57	0.10	2.00	0.47	2.76
Total Non-Interest Expense	28	29	27	27	28	26	27	26	27	27
Salaries and Employee Benefits	16	17	16	16	15	15	15	15	15	16
Net Occupancy & Equipment Expense	5.63	5.47	5.48	5.70	5.54	5.19	5.03	5.29	5.27	5.07
Other Operating Expenses	6.19	6.02	6.09	5.57	6.75	6.13	6.68	6.15	6.35	6.02
Amortization Expense	0.14	0.14	0.14	0.14	0.15	0.15	0.15	0.15	0.16	0.16
Income Tax Expense	3.74	2.78	2.88	3.06	1.80	2.24	3.17	3.25	3.95	3.65
Basic Earnings per Share	$1.00	$0.90	$0.82	$0.91	$0.59	$0.67	$0.85	$0.87	$1.05	$0.97
Weighted Average Basic Shares Outstanding	14.58M	14.58M	14.59M	14.57M	14.56M	14.56M	14.56M	14.57M	14.64M	14.62M
Diluted Earnings per Share	$1.00	$0.90	$0.81	$0.91	$0.58	$0.67	$0.85	$0.87	$1.05	$0.97
Weighted Average Diluted Shares Outstanding	14.63M	14.65M	14.65M	14.63M	14.61M	14.60M	14.60M	14.63M	14.70M	14.68M
Weighted Average Basic & Diluted Shares Outstanding	16.86M	14.58M	14.57M	14.61M	14.57M	14.56M	14.55M	14.59M	14.57M	14.57M
Cash Dividends to Common per Share	$0.42	$0.42	$0.42	$0.42	$0.42	$0.42	$0.42	$0.42	$0.42	$0.40

This table details how cash moves in and out of Camden National's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	115	24	-145
Net Cash From Operating Activities	61	68	105
Net Cash From Continuing Operating Activities	61	68	105
Net Income / (Loss) Continuing Operations	53	43	61
Consolidated Net Income / (Loss)	53	43	61
Provision For Loan Losses	-0.40	2.10	4.50
Depreciation Expense	3.31	3.37	3.49
Amortization Expense	2.34	2.90	4.46
Non-Cash Adjustments to Reconcile Net Income	2.34	9.37	5.29
Changes in Operating Assets and Liabilities, net	0.35	6.38	26
Net Cash From Investing Activities	30	-7.03	-488
Net Cash From Continuing Investing Activities	30	-7.03	-488
Purchase of Property, Leasehold Improvements and Equipment	-5.58	-2.62	-2.18
Purchase of Investment Securities	-60	-137	-138
Sale of Property, Leasehold Improvements and Equipment	0.00	0.00	0.47
Sale and/or Maturity of Investments	133	254	275
Other Investing Activities, net	-37	-121	-623
Net Cash From Financing Activities	24	-36	237
Net Cash From Continuing Financing Activities	24	-36	237
Net Change in Deposits	36	-230	218
Issuance of Debt	375	220	54
Issuance of Common Equity	-0.22	-0.26	-0.36
Repayment of Debt	-360	-0.17	-0.16
Repurchase of Common Equity	-1.61	-2.00	-10
Payment of Dividends	-25	-25	-24
Other Financing Activities, Net	-0.25	0.00	0.00
Cash Interest Paid	117	92	25
Cash Income Taxes Paid	8.82	11	13

This table details how cash moves in and out of Camden National's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	75	34	-71	77	-112	117	19	0.31	-6.59	5.59
Net Cash From Operating Activities	43	-15	14	18	-11	47	17	15	20	15
Net Cash From Continuing Operating Activities	43	-15	14	18	-11	47	17	15	20	15
Net Income / (Loss) Continuing Operations	15	13	12	13	8.48	9.79	12	13	15	14
Consolidated Net Income / (Loss)	15	13	12	13	8.48	9.79	12	13	15	14
Provision For Loan Losses	0.81	0.24	0.65	-2.10	0.57	-0.57	0.10	2.00	0.47	2.76
Depreciation Expense	0.86	0.82	0.82	0.82	0.91	0.82	0.83	0.82	0.85	0.86
Amortization Expense	0.57	0.60	0.58	0.58	-1.19	2.58	0.76	0.75	0.87	1.11
Non-Cash Adjustments to Reconcile Net Income	1.55	-8.21	1.08	7.93	8.24	0.09	1.27	-0.23	2.72	-1.23
Changes in Operating Assets and Liabilities, net	25	-21	-0.63	-2.73	-28	34	1.78	-1.56	0.21	-2.58
Net Cash From Investing Activities	-3.55	30	8.87	-4.78	-29	70	-3.05	-45	-123	-92
Net Cash From Continuing Investing Activities	-3.55	30	8.87	-4.78	-29	70	-3.05	-45	-123	-92
Purchase of Property, Leasehold Improvements and Equipment	-2.03	-1.71	-1.29	-0.55	-0.89	-0.70	-0.54	-0.50	-0.84	-0.40
Purchase of Investment Securities	-34	20	-19	-27	-85	44	-34	-63	-33	-
Sale and/or Maturity of Investments	36	36	34	28	93	87	43	32	75	59
Other Investing Activities, net	-2.89	-24	-4.69	-4.64	-36	-60	-12	-14	-164	-151
Net Cash From Financing Activities	36	19	-95	64	-72	0.45	4.45	31	96	83
Net Cash From Continuing Financing Activities	36	19	-95	64	-72	0.45	4.45	31	96	83
Net Change in Deposits	58	61	-38	-46	-81	-15	51	-184	258	42
Issuance of Debt	119	134	6.11	116	15	22	-38	221	-156	50
Issuance of Common Equity	-0.02	-	-	-	-0.08	-	-	-	0.02	0.02
Repayment of Debt	-135	-170	-55	-0.04	-0.04	-0.04	-0.05	-0.04	-0.04	-0.04
Repurchase of Common Equity	0.04	0.12	-1.83	0.07	-	0.17	-2.24	0.06	-0.27	-2.56
Payment of Dividends	-6.14	-6.14	-6.14	-6.14	-6.13	-6.13	-6.14	-6.14	-5.84	-5.87
Cash Interest Paid	28	30	30	29	27	25	23	18	12	6.71
Cash Income Taxes Paid	0.23	3.34	5.16	0.10	2.30	3.95	4.75	0.15	3.48	4.95

This table presents Camden National's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	5,805	5,715	5,672
Cash and Due from Banks	62	78	51
Interest Bearing Deposits at Other Banks	153	22	25
Trading Account Securities	1,117	1,175	1,246
Loans and Leases, Net of Allowance	4,080	4,061	3,973
Loans and Leases	4,115	4,098	4,010
Allowance for Loan and Lease Losses	36	37	37
Loans Held for Sale	11	10	5.20
Premises and Equipment, Net	37	35	36
Goodwill	95	95	95
Intangible Assets	0.42	0.97	1.56
Other Assets	251	237	239
Total Liabilities & Shareholders' Equity	5,805	5,715	5,672
Total Liabilities	5,274	5,219	5,221
Interest Bearing Deposits	4,633	4,597	4,827
Short-Term Debt	501	486	265
Accrued Interest Payable	96	92	84
Long-Term Debt	44	44	44
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	531	495	451
Total Preferred & Common Equity	531	495	451
Total Common Equity	531	495	451
Common Stock	116	116	115
Retained Earnings	509	481	462
Accumulated Other Comprehensive Income / (Loss)	-95	-102	-126

This table presents Camden National's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	5,745	5,724	5,795	5,780	5,744	5,717	5,552
Cash and Due from Banks	69	79	69	91	51	54	55
Interest Bearing Deposits at Other Banks	70	27	108	120	43	22	27
Trading Account Securities	1,135	1,118	1,147	1,143	1,197	1,230	1,262
Loans and Leases, Net of Allowance	4,081	4,104	4,085	4,022	4,063	4,036	3,824
Loans and Leases	4,117	4,139	4,121	4,058	4,100	4,073	3,861
Allowance for Loan and Lease Losses	35	35	36	36	37	37	37
Loans Held for Sale	12	14	9.52	11	12	4,041	4.63
Premises and Equipment, Net	36	35	35	35	35	36	36
Goodwill	95	95	95	95	95	95	95
Intangible Assets	0.55	0.69	0.83	1.12	1.27	1.42	1.72
Other Assets	247	252	246	261	246	238	247
Total Liabilities & Shareholders' Equity	5,745	5,724	5,795	5,780	5,744	5,717	5,552
Total Liabilities	5,215	5,216	5,293	5,316	5,277	5,252	5,121
Interest Bearing Deposits	4,575	4,514	4,552	4,678	4,694	4,643	4,569
Short-Term Debt	516	553	601	470	448	486	421
Accrued Interest Payable	79	105	96	124	90	78	87
Long-Term Debt	44	44	44	44	44	44	44
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	530	508	502	463	467	465	431
Total Preferred & Common Equity	530	508	502	463	467	465	431
Total Common Equity	530	508	502	463	467	465	431
Common Stock	116	116	116	115	114	116	115
Retained Earnings	501	494	488	479	475	469	453
Accumulated Other Comprehensive Income / (Loss)	-87	-101	-103	-130	-122	-119	-136

This table displays calculated financial ratios and metrics derived from Camden National's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	8.39%	-13.32%	0.65%
EBITDA Growth	18.29%	-29.28%	-13.03%
EBIT Growth	21.59%	-30.13%	-11.07%
NOPAT Growth	22.18%	-29.39%	-10.98%
Net Income Growth	22.18%	-29.39%	-10.98%
EPS Growth	21.89%	-28.78%	-9.35%
Operating Cash Flow Growth	-9.74%	-35.82%	-26.30%
Free Cash Flow Firm Growth	100.83%	-325.60%	104.51%
Invested Capital Growth	4.99%	34.73%	-4.57%
Revenue Q/Q Growth	5.28%	-4.71%	-1.12%
EBITDA Q/Q Growth	16.06%	-15.51%	-2.58%
EBIT Q/Q Growth	14.17%	-14.36%	-1.78%
NOPAT Q/Q Growth	13.21%	-13.67%	-1.82%
Net Income Q/Q Growth	13.21%	-13.67%	-1.82%
EPS Q/Q Growth	13.13%	-13.66%	-1.42%
Operating Cash Flow Q/Q Growth	844.99%	-32.00%	-9.14%
Free Cash Flow Firm Q/Q Growth	102.76%	-610.63%	405.96%
Invested Capital Q/Q Growth	-1.32%	4.83%	-15.13%
Profitability Metrics	-	-	-
EBITDA Margin	40.17%	36.81%	45.11%
EBIT Margin	36.98%	32.97%	40.90%
Profit (Net Income) Margin	29.95%	26.57%	32.61%
Tax Burden Percent	80.97%	80.58%	79.74%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	19.03%	19.42%	20.26%
Return on Invested Capital (ROIC)	5.05%	4.86%	7.89%
ROIC Less NNEP Spread (ROIC-NNEP)	5.05%	4.86%	7.89%
Return on Net Nonoperating Assets (RNNOA)	5.28%	4.31%	4.49%
Return on Equity (ROE)	10.33%	9.17%	12.38%
Cash Return on Invested Capital (CROIC)	0.17%	-24.73%	12.57%
Operating Return on Assets (OROA)	1.14%	0.95%	1.38%
Return on Assets (ROA)	0.92%	0.76%	1.10%
Return on Common Equity (ROCE)	10.33%	9.17%	12.38%
Return on Equity Simple (ROE_SIMPLE)	9.98%	8.76%	13.61%
Net Operating Profit after Tax (NOPAT)	53	43	61
NOPAT Margin	29.95%	26.57%	32.61%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	48.79%	49.64%	43.87%
Operating Expenses to Revenue	63.24%	65.75%	56.72%
Earnings before Interest and Taxes (EBIT)	65	54	77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	71	60	85
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.16	1.05	1.21
Price to Tangible Book Value (P/TBV)	1.41	1.30	1.53
Price to Revenue (P/Rev)	3.49	3.17	2.89
Price to Earnings (P/E)	11.64	11.93	8.87
Dividend Yield	3.97%	4.73%	4.28%
Earnings Yield	8.59%	8.39%	11.28%
Enterprise Value to Invested Capital (EV/IC)	0.88	0.92	1.02
Enterprise Value to Revenue (EV/Rev)	5.35	5.80	4.13
Enterprise Value to EBITDA (EV/EBITDA)	13.32	15.76	9.16
Enterprise Value to EBIT (EV/EBIT)	14.47	17.60	10.11
Enterprise Value to NOPAT (EV/NOPAT)	17.87	21.84	12.68
Enterprise Value to Operating Cash Flow (EV/OCF)	15.54	14.04	7.41
Enterprise Value to Free Cash Flow (EV/FCFF)	519.47	0.00	7.96
Leverage & Solvency	-	-	-
Debt to Equity	1.03	1.07	0.69
Long-Term Debt to Equity	0.08	0.09	0.10
Financial Leverage	1.05	0.89	0.57
Leverage Ratio	11.22	12.03	11.26
Compound Leverage Factor	11.22	12.03	11.26
Debt to Total Capital	50.64%	51.70%	40.68%
Short-Term Debt to Total Capital	46.52%	47.38%	34.86%
Long-Term Debt to Total Capital	4.12%	4.33%	5.83%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	49.36%	48.30%	59.32%
Debt to EBITDA	7.66	8.82	3.64
Net Debt to EBITDA	4.64	7.16	2.75
Long-Term Debt to EBITDA	0.62	0.74	0.52
Debt to NOPAT	10.28	12.22	5.04
Net Debt to NOPAT	6.23	9.91	3.81
Long-Term Debt to NOPAT	0.84	1.02	0.72
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	1.82	-221	98
Operating Cash Flow to CapEx	1,092.77%	2,574.68%	6,125.98%
Free Cash Flow to Firm to Interest Expense	0.02	-2.35	3.90
Operating Cash Flow to Interest Expense	0.52	0.72	4.19
Operating Cash Flow Less CapEx to Interest Expense	0.47	0.69	4.12
Efficiency Ratios	-	-	-
Asset Turnover	0.03	0.03	0.03
Fixed Asset Turnover	4.91	4.60	5.11
Capital & Investment Metrics	-	-	-
Invested Capital	1,076	1,025	761
Invested Capital Turnover	0.17	0.18	0.24
Increase / (Decrease) in Invested Capital	51	264	-36
Enterprise Value (EV)	947	947	779
Market Capitalization	617	517	545
Book Value per Share	$36.44	$34.01	$30.98
Tangible Book Value per Share	$29.92	$27.43	$24.37
Total Capital	1,076	1,025	761
Total Debt	545	530	310
Total Long-Term Debt	44	44	44
Net Debt	330	430	234
Capital Expenditures (CapEx)	5.58	2.62	1.72
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	545	530	310
Total Depreciation and Amortization (D&A)	5.65	6.28	7.95
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$3.63	$2.98	$4.18
Adjusted Weighted Average Basic Shares Outstanding	14.58M	14.56M	14.64M
Adjusted Diluted Earnings per Share	$3.62	$2.97	$4.17
Adjusted Weighted Average Diluted Shares Outstanding	14.63M	14.61M	14.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.86M	14.57M	14.57M
Normalized Net Operating Profit after Tax (NOPAT)	54	43	61
Normalized NOPAT Margin	30.48%	26.57%	32.61%
Pre Tax Income Margin	36.98%	32.97%	40.90%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.56	0.57	3.07
NOPAT to Interest Expense	0.45	0.46	2.45
EBIT Less CapEx to Interest Expense	0.51	0.54	3.00
NOPAT Less CapEx to Interest Expense	0.41	0.43	2.38
Payout Ratios	-	-	-
Dividend Payout Ratio	46.33%	56.56%	38.27%
Augmented Payout Ratio	49.37%	61.17%	54.94%

This table displays calculated financial ratios and metrics derived from Camden National's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.95%	19.48%	0.07%	-5.78%	-17.25%	-21.17%	-10.23%	-4.43%	-4.36%	4.19%
EBITDA Growth	98.45%	11.95%	-5.09%	1.05%	-52.47%	-22.40%	-17.41%	-24.78%	-9.67%	-6.49%
EBIT Growth	79.01%	31.86%	-4.40%	2.23%	-46.75%	-32.88%	-17.15%	-24.11%	-6.74%	-3.92%
NOPAT Growth	72.95%	33.58%	-3.20%	4.28%	-44.76%	-31.40%	-17.55%	-24.22%	-6.91%	-2.55%
Net Income Growth	72.95%	33.58%	-3.20%	4.28%	-44.76%	-31.40%	-17.55%	-24.22%	-6.91%	-2.55%
EPS Growth	72.41%	34.33%	-4.71%	4.60%	-44.76%	-30.93%	-16.67%	-23.01%	-5.41%	0.00%
Operating Cash Flow Growth	482.30%	-130.76%	-15.44%	22.34%	-155.19%	210.23%	-35.98%	-66.04%	-34.09%	-44.03%
Free Cash Flow Firm Growth	85.72%	-39.39%	-56.35%	36.52%	-593.71%	10.91%	1.85%	-822.80%	1,212.04%	-425.70%
Invested Capital Growth	4.99%	11.54%	15.14%	15.26%	34.73%	9.07%	11.33%	30.23%	-4.57%	11.79%
Revenue Q/Q Growth	5.74%	5.05%	2.97%	7.49%	2.76%	-12.02%	-3.05%	-5.60%	-2.10%	0.19%
EBITDA Q/Q Growth	14.81%	6.16%	-8.24%	77.43%	-35.23%	-9.99%	-2.31%	-16.55%	5.74%	-4.20%
EBIT Q/Q Growth	16.07%	6.62%	-8.97%	58.90%	-14.50%	-22.70%	-2.66%	-17.23%	7.78%	-4.59%
NOPAT Q/Q Growth	12.19%	9.01%	-9.64%	56.51%	-13.35%	-21.00%	-2.66%	-17.09%	7.60%	-5.05%
Net Income Q/Q Growth	12.19%	9.01%	-9.64%	56.51%	-13.35%	-21.00%	-2.66%	-17.09%	7.60%	-5.05%
EPS Q/Q Growth	11.11%	11.11%	-10.99%	56.90%	-13.43%	-21.18%	-2.30%	-17.14%	8.25%	-4.90%
Operating Cash Flow Q/Q Growth	397.79%	-200.10%	-18.41%	257.20%	-123.96%	175.21%	18.04%	-29.08%	34.66%	-43.21%
Free Cash Flow Firm Q/Q Growth	63.38%	25.21%	3.80%	45.80%	-257.46%	16.11%	60.94%	-521.54%	164.50%	7.58%
Invested Capital Q/Q Growth	-1.32%	-1.33%	-3.68%	11.94%	4.83%	1.86%	-3.58%	30.85%	-15.13%	3.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	41.68%	38.39%	37.99%	42.63%	25.83%	40.97%	40.05%	39.75%	44.96%	41.63%
EBIT Margin	38.68%	35.24%	34.72%	39.27%	26.57%	31.93%	36.34%	36.20%	41.28%	37.50%
Profit (Net Income) Margin	30.83%	29.06%	28.00%	31.91%	21.92%	25.99%	28.95%	28.83%	32.83%	29.87%
Tax Burden Percent	79.70%	82.46%	80.66%	81.25%	82.49%	81.40%	79.65%	79.65%	79.52%	79.65%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.30%	17.54%	19.34%	18.75%	17.51%	18.60%	20.35%	20.35%	20.48%	20.35%
Return on Invested Capital (ROIC)	5.19%	4.72%	4.36%	4.79%	4.01%	4.75%	5.77%	6.11%	7.94%	6.70%
ROIC Less NNEP Spread (ROIC-NNEP)	5.19%	4.72%	4.36%	4.79%	4.01%	4.75%	5.77%	6.11%	7.94%	6.70%
Return on Net Nonoperating Assets (RNNOA)	5.44%	5.11%	4.87%	5.83%	3.56%	5.21%	5.73%	5.24%	4.52%	4.95%
Return on Equity (ROE)	10.63%	9.84%	9.23%	10.61%	7.56%	9.96%	11.50%	11.34%	12.46%	11.65%
Cash Return on Invested Capital (CROIC)	0.17%	-6.38%	-9.86%	-10.08%	-24.73%	-3.32%	-4.71%	-19.74%	12.57%	-3.77%
Operating Return on Assets (OROA)	1.19%	1.03%	0.97%	1.10%	0.76%	0.97%	1.18%	1.21%	1.39%	1.29%
Return on Assets (ROA)	0.95%	0.85%	0.79%	0.89%	0.63%	0.79%	0.94%	0.96%	1.11%	1.03%
Return on Common Equity (ROCE)	10.63%	9.84%	9.23%	10.61%	7.56%	9.96%	11.50%	11.34%	12.46%	11.65%
Return on Equity Simple (ROE_SIMPLE)	0.00%	8.84%	8.56%	8.76%	0.00%	10.85%	11.71%	12.34%	0.00%	14.52%
Net Operating Profit after Tax (NOPAT)	15	13	12	13	8.48	9.79	12	13	15	14
NOPAT Margin	30.83%	29.06%	28.00%	31.91%	21.92%	25.99%	28.95%	28.83%	32.83%	29.87%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	45.41%	48.93%	49.22%	52.06%	54.14%	52.93%	47.47%	44.99%	43.90%	43.79%
Operating Expenses to Revenue	59.62%	64.23%	63.77%	65.78%	71.96%	69.60%	63.42%	59.27%	57.72%	56.71%
Earnings before Interest and Taxes (EBIT)	18	16	15	16	10	12	16	16	19	18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	20	17	16	18	9.99	15	17	18	21	20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.16	1.13	0.94	0.95	1.05	0.83	0.91	1.05	1.21	1.31
Price to Tangible Book Value (P/TBV)	1.41	1.37	1.15	1.17	1.30	1.05	1.14	1.32	1.53	1.69
Price to Revenue (P/Rev)	3.49	3.55	2.96	2.96	3.17	2.25	2.33	2.62	2.89	2.96
Price to Earnings (P/E)	11.64	12.73	10.94	10.83	11.93	7.68	7.73	8.50	8.87	9.03
Dividend Yield	3.97%	4.11%	5.15%	5.14%	4.73%	6.26%	5.66%	4.84%	4.28%	4.04%
Earnings Yield	8.59%	7.85%	9.14%	9.23%	8.39%	13.02%	12.94%	11.77%	11.28%	11.08%
Enterprise Value to Invested Capital (EV/IC)	0.88	0.93	0.88	0.82	0.92	0.70	0.86	0.95	1.02	1.06
Enterprise Value to Revenue (EV/Rev)	5.35	6.05	6.02	5.88	5.80	4.02	4.53	5.06	4.13	4.98
Enterprise Value to EBITDA (EV/EBITDA)	13.32	16.60	16.28	15.67	15.76	9.68	10.86	11.90	9.16	10.87
Enterprise Value to EBIT (EV/EBIT)	14.47	17.74	18.09	17.44	17.60	10.96	11.95	13.09	10.11	12.09
Enterprise Value to NOPAT (EV/NOPAT)	17.87	21.73	22.23	21.51	21.84	13.71	15.00	16.43	12.68	15.15
Enterprise Value to Operating Cash Flow (EV/OCF)	15.54	157.77	14.21	13.35	14.04	6.94	12.20	12.25	7.41	8.19
Enterprise Value to Free Cash Flow (EV/FCFF)	519.47	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.96	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.03	1.06	1.17	1.29	1.07	1.11	1.05	1.14	0.69	1.08
Long-Term Debt to Equity	0.08	0.08	0.09	0.09	0.09	0.10	0.09	0.10	0.10	0.10
Financial Leverage	1.05	1.08	1.12	1.22	0.89	1.10	0.99	0.86	0.57	0.74
Leverage Ratio	11.22	11.60	11.75	11.91	12.03	12.67	12.27	11.76	11.26	11.32
Compound Leverage Factor	11.22	11.60	11.75	11.91	12.03	12.67	12.27	11.76	11.26	11.32
Debt to Total Capital	50.64%	51.41%	54.01%	56.29%	51.70%	52.62%	51.31%	53.30%	40.68%	51.92%
Short-Term Debt to Total Capital	46.52%	47.35%	50.00%	52.42%	47.38%	48.08%	46.69%	48.85%	34.86%	46.97%
Long-Term Debt to Total Capital	4.12%	4.06%	4.01%	3.86%	4.33%	4.53%	4.62%	4.45%	5.83%	4.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	49.36%	48.59%	45.99%	43.71%	48.30%	47.38%	48.69%	46.70%	59.32%	48.08%
Debt to EBITDA	7.66	9.15	10.05	10.71	8.82	7.23	6.51	6.70	3.64	5.33
Net Debt to EBITDA	4.64	6.87	8.27	7.78	7.16	4.26	5.27	5.74	2.75	4.39
Long-Term Debt to EBITDA	0.62	0.72	0.75	0.74	0.74	0.62	0.59	0.56	0.52	0.51
Debt to NOPAT	10.28	11.98	13.71	14.70	12.22	10.24	9.00	9.25	5.04	7.44
Net Debt to NOPAT	6.23	9.00	11.29	10.68	9.91	6.03	7.28	7.93	3.81	6.13
Long-Term Debt to NOPAT	0.84	0.95	1.02	1.01	1.02	0.88	0.81	0.77	0.72	0.71
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-37	-100	-133	-139	-256	-72	-85	-218	52	-80
Operating Cash Flow to CapEx	2,125.39%	-847.63%	1,124.92%	3,258.53%	-1,266.48%	6,775.14%	3,178.85%	2,932.53%	2,451.26%	3,838.38%
Free Cash Flow to Firm to Interest Expense	-1.30	-3.31	-4.45	-4.79	-9.44	-2.85	-3.65	-11.84	4.20	-11.87
Operating Cash Flow to Interest Expense	1.54	-0.48	0.48	0.61	-0.42	1.88	0.73	0.79	1.66	2.25
Operating Cash Flow Less CapEx to Interest Expense	1.47	-0.54	0.44	0.60	-0.45	1.85	0.71	0.76	1.59	2.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	4.91	4.74	4.57	4.56	4.60	4.81	5.02	5.11	5.11	5.11
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,076	1,091	1,105	1,147	1,025	978	960	996	761	896
Invested Capital Turnover	0.17	0.16	0.16	0.15	0.18	0.18	0.20	0.21	0.24	0.22
Increase / (Decrease) in Invested Capital	51	113	145	152	264	81	98	231	-36	95
Enterprise Value (EV)	947	1,017	968	945	947	689	821	942	779	948
Market Capitalization	617	596	476	476	517	386	423	487	545	565
Book Value per Share	$36.44	$36.36	$34.80	$34.43	$34.01	$31.83	$32.03	$31.91	$30.98	$29.47
Tangible Book Value per Share	$29.92	$29.82	$28.27	$27.87	$27.43	$25.25	$25.45	$25.31	$24.37	$22.88
Total Capital	1,076	1,091	1,105	1,147	1,025	978	960	996	761	896
Total Debt	545	561	597	646	530	514	493	531	310	465
Total Long-Term Debt	44	44	44	44	44	44	44	44	44	44
Net Debt	330	421	491	469	430	303	398	455	234	383
Capital Expenditures (CapEx)	2.03	1.71	1.29	0.55	0.89	0.70	0.54	0.50	0.84	0.40
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	545	561	597	646	530	514	493	531	310	465
Total Depreciation and Amortization (D&A)	1.43	1.42	1.40	1.40	-0.29	3.41	1.59	1.57	1.72	1.97
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.00	$0.90	$0.82	$0.91	$0.59	$0.67	$0.85	$0.87	$1.05	$0.97
Adjusted Weighted Average Basic Shares Outstanding	14.58M	14.58M	14.59M	14.57M	14.56M	14.56M	14.56M	14.57M	14.64M	14.62M
Adjusted Diluted Earnings per Share	$1.00	$0.90	$0.81	$0.91	$0.58	$0.67	$0.85	$0.87	$1.05	$0.97
Adjusted Weighted Average Diluted Shares Outstanding	14.63M	14.65M	14.65M	14.63M	14.61M	14.60M	14.60M	14.63M	14.70M	14.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.86M	14.58M	14.57M	14.61M	14.57M	14.56M	14.55M	14.59M	14.57M	14.57M
Normalized Net Operating Profit after Tax (NOPAT)	15	14	12	13	8.48	9.79	12	13	15	14
Normalized NOPAT Margin	30.83%	30.39%	28.00%	31.91%	21.92%	25.99%	28.95%	28.83%	32.83%	29.87%
Pre Tax Income Margin	38.68%	35.24%	34.72%	39.27%	26.57%	31.93%	36.34%	36.20%	41.28%	37.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.66	0.53	0.50	0.57	0.38	0.48	0.67	0.87	1.56	2.65
NOPAT to Interest Expense	0.52	0.43	0.40	0.46	0.31	0.39	0.53	0.69	1.24	2.11
EBIT Less CapEx to Interest Expense	0.58	0.47	0.45	0.55	0.35	0.45	0.64	0.84	1.50	2.59
NOPAT Less CapEx to Interest Expense	0.45	0.38	0.36	0.44	0.28	0.36	0.51	0.66	1.18	2.05
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	46.33%	52.43%	56.37%	55.86%	56.56%	48.25%	43.82%	41.37%	38.27%	36.80%
Augmented Payout Ratio	49.37%	55.94%	60.01%	60.41%	61.17%	52.77%	52.96%	58.17%	54.94%	60.99%

Frequently Asked Questions About Camden National's Financials

When does Camden National's fiscal year end?

According to the most recent income statement we have on file, Camden National's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Camden National's net income changed over the last 2 years?

Camden National's net income appears to be on a downward trend, with a most recent value of $53.00 million in 2024, falling from $61.44 million in 2022. The previous period was $43.38 million in 2023. Check out Camden National's forecast to explore projected trends and price targets.

How has Camden National revenue changed over the last 2 years?

Over the last 2 years, Camden National's total revenue changed from $188.40 million in 2022 to $176.99 million in 2024, a change of -6.1%.

How much debt does Camden National have?

Camden National's total liabilities were at $5.27 billion at the end of 2024, a 1.0% increase from 2023, and a 1.0% increase since 2022.

How much cash does Camden National have?

In the past 2 years, Camden National's cash and equivalents has ranged from $50.57 million in 2022 to $77.65 million in 2023, and is currently $62.38 million as of their latest financial filing in 2024.

How has Camden National's book value per share changed over the last 2 years?

Over the last 2 years, Camden National's book value per share changed from 30.98 in 2022 to 36.44 in 2024, a change of 17.6%.

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This page (NASDAQ:CAC) was last updated on 5/29/2025 by MarketBeat.com Staff

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Camden National (CAC) Financials

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Camden National (CAC) Financials

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