Camden National Q2 2024 Earnings Report

Camden National EPS Results

• Actual EPS: $0.81
• Consensus EPS: $0.71
• Beat/Miss: Beat by +$0.10
• One Year Ago EPS: $0.85

Camden National Revenue Results

• Actual Revenue: $72.81 million
• Expected Revenue: $41.07 million
• Beat/Miss: Beat by +$31.74 million
• YoY Revenue Growth: N/A

Camden National Announcement Details

• Quarter: Q2 2024
• Date: 7/30/2024
• Time: Before Market Opens

Camden National (NASDAQ:CAC) operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also 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, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.