Camden National: Fourth Quarter Earnings Overview

Camden National Corp. Announces Fourth-Quarter Financial Results

Camden National Corp., headquartered in Camden, Maine, revealed its financial performance for the fourth quarter on Tuesday, reporting a net income of $22.6 million.

The bank achieved earnings of $1.33 per share during this period.

Total revenue for the quarter reached $96.2 million, with net revenue after interest expenses amounting to $68.1 million—surpassing analysts’ expectations.

For the full year, Camden National Corp. recorded a profit of $65.2 million, translating to $3.84 per share, while annual revenue totaled $255.8 million.

Since the start of the year, shares of Camden National have climbed nearly 9%, and over the past twelve months, the stock has appreciated by approximately 8%.