Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation (Nasdaq: CAC), a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| CAC | CAMDEN NATIONAL CORP | 2025-10-16 18:32:33 | 36.08 | 0.64 | 1.79 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAC | 0000750686 | CAMDEN NATIONAL CORP | US1330341082 | 549300ZVEDL2L8UW4F28 | 010413282 | Nasdaq | 6021 | National Commercial Banks | 1231 | ME | TWO ELM ST | CAMDEN | ME | 04843 | UNITED STATES | US | 2072368821 | 2 ELM ST, CAMDEN, ME, 04843 | TWO ELM ST, CAMDEN, ME, 04843 | CAMDEN NATIONAL CORP | Financial services | 1875 | Simon Griffiths | 650 | https://camdennational.bank/ | 472,902,771 | 16,919,689 | 16,920,277 | Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation (Nasdaq: CAC), a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets. | 2025-10-10 21:32:16 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 472,902,771 | 34,657,161 | 7.9082 | 16,864,810 | 2,297,960 | 15.7753 |
| 2023 | 438,245,610 | -188,725,906 | -30.1012 | 14,566,850 | -1,589 | -0.0109 |
| 2022 | 626,971,516 | -70,627,103 | -10.1243 | 14,568,439 | -172,456 | -1.1699 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| William H. Martelevp | Chief Technology Officer | 2024 | 342,117 | 0 | 119,223 | 99,036 | 54,944 | 615,320 |
| Ryan A. Smithevp | Chief Credit Officer | 2024 | 350,000 | 0 | 119,470 | 96,076 | 55,181 | 620,727 |
| Simon R. Griffiths | CEO, President | 2024 | 825,000 | 50,000 | 627,600 | 398,005 | 22,560 | 1,923,165 |
| Michael R. Archerevp | CFO | 2024 | 372,697 | 0 | 133,422 | 107,879 | 49,587 | 663,585 |
| William H. Martelevp | Chief Technology Officer | 2023 | 326,184 | 39,164 | 178,008 | 0 | 56,450 | 599,806 |
| Fiscal Year | Employee Count |
|---|---|
| 2021 | 623 |
| 2020 | 609 |
| 2019 | 639 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 35,688,000 | 33,567,000 | 33,274,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 3,211,000 | 3,245,000 | 3,114,000 |
| Operating Income | 30,100,000 | 22,500,000 | 31,719,000 |
| Net Income | 53,004,000 | 43,383,000 | 61,439,000 |
| Earnings Per Share Basic | 3.63 | 2.98 | 4.18 |
| Earnings Per Share Diluted | 3.62 | 2.97 | 4.17 |
| Weighted Average Shares Outstanding Basic | 14,579,276 | 14,563,380 | 14,644,170 |
| Weighted Average Shares Outstanding Diluted | 14,633,803 | 14,609,345 | 14,701,010 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 62,379,000 | 77,649,000 | 50,566,000 |
| Marketable Securities Current | 0 | 502,000 | 0 |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | 4,790,000 | 1,790,000 | 863,000 |
| Property Plant And Equipment | 37,052,000 | 35,049,000 | 36,022,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 5,805,138,000 | 5,714,506,000 | 5,671,850,000 |
| Accounts Payable | — | — | — |
| Deferred Revenue | — | — | — |
| Short Term Debt | 500,621,000 | 485,607,000 | 265,176,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 36,083,000 | 36,083,000 | 36,083,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 5,273,907,000 | 5,219,442,000 | 5,220,572,000 |
| Common Stock | 116,425,000 | 115,602,000 | 115,069,000 |
| Retained Earnings | 509,452,000 | 481,014,000 | 462,164,000 |
| Accumulated Other Comprehensive Income | -94,646,000 | -101,552,000 | -125,955,000 |
| Total Shareholders Equity | 531,231,000 | 495,064,000 | 451,278,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 3,310,000 | 3,371,000 | 3,490,000 |
| Share Based Compensation Expense | 2,902,000 | 2,793,000 | 2,553,000 |
| Other Non Cash Income Expense | 0 | 0 | 204,000 |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 5,800,000 | 9,193,000 | 4,063,000 |
| Change In Accounts Payable | 238,000 | 31,000 | -187,000 |
| Change In Other Liabilities | 8,359,000 | 5,531,000 | -1,762,000 |
| Cash From Operating Activities | 60,933,000 | 67,508,000 | 105,183,000 |
| Purchases Of Marketable Securities | 60,393,000 | 116,147,000 | 95,421,000 |
| Sales Of Marketable Securities | 0 | 126,766,000 | 36,280,000 |
| Acquisition Of Property Plant And Equipment | 5,576,000 | 2,622,000 | 2,183,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | 30,329,000 | -7,029,000 | -487,722,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 24,566,000 | 24,533,000 | 23,687,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 1,609,000 | 2,000,000 | 10,240,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 23,897,000 | -36,102,000 | 237,341,000 |
| Change In Cash | 115,159,000 | 24,377,000 | -145,198,000 |
| Cash At End Of Period | 62,379,000 | 77,649,000 | 50,566,000 |
| Income Taxes Paid | 8,822,000 | 11,147,000 | 13,237,000 |
| Interest Paid | 116,715,000 | 92,353,000 | 24,547,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 3.63 | 2.98 | 4.18 |
| Price To Earnings Ratio | 11.7741 | 12.6275 | 9.9737 |
| Earnings Growth Rate | 21.8121 | -28.7081 | -9.5238 |
| Price Earnings To Growth Ratio | 0.5398 | -0.4399 | -1.0472 |
| Book Value Per Share | 36.4374 | 33.9938 | 30.8162 |
| Price To Book Ratio | 1.173 | 1.107 | 1.3529 |
| Ebitda | 197,589,000 | 151,884,000 | 103,260,000 |
| Enterprise Value | 1,097,443,256.24 | 992,060,989.4 | 861,208,447.3 |
| Dividend Yield | 0.0394 | 0.0448 | 0.0388 |
| Dividend Payout Ratio | 0.4635 | 0.5655 | 0.3855 |
| Debt To Equity Ratio | 1.0103 | 1.0538 | 0.6676 |
| Capital Expenditures | 5,313,000 | 2,398,000 | 1,737,000 |
| Free Cash Flow | 55,620,000 | 65,110,000 | 103,446,000 |
| Return On Equity | 0.0998 | 0.0876 | 0.1361 |
| One Year Beta | 1.0746 | 0.9847 | 0.4272 |
| Three Year Beta | 0.6403 | 0.6131 | 0.8768 |
| Five Year Beta | 0.8976 | 0.8901 | 0.8502 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Hatfield Rebecca | Director | 2025-09-19 | 245 | A | 7,177 |
| Soderberg Carl John | Director | 2025-09-19 | 394 | A | 100,419 |
| McCarthy Marie J | Director | 2025-09-19 | 372 | A | 15,578 |
| Haynes Larry K | Director | 2025-09-19 | 357 | A | 2,506 |
| Sterrs Lawrence J | Director | 2025-09-19 | 195 | A | 14,565 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| CWM, LLC | 2025-09-30 | 121,000 | 3,141 | 38.5228 |
| Inspire Investing, LLC | 2025-09-30 | 455,825 | 11,812 | 38.59 |
| HARBOR CAPITAL ADVISORS, INC. | 2025-09-30 | 4,000 | 116 | 34.4828 |
| DELPHI MANAGEMENT INC /MA/ | 2025-09-30 | 1,391,000 | 36,035 | 38.6014 |
| Clark & Stuart, Inc | 2025-09-30 | 391,689 | 10,150 | 38.59 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Small Cap Fund | CFSLX | 13,137 | 537,171.93 | 0.1121 |
| Direxion Shares ETF Trust | 2025-07-31 | Direxion Daily Regional Banks Bull 3X Shares | DPST | 11,955 | 450,823.05 | 0.0716 |
| Advisors' Inner Circle Fund III | 2025-07-31 | I Shares | KCXIX | 73 | 2,752.83 | 0.0011 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2025-07-31 | Invesco RAFI US 1500 Small-Mid ETF | PRFZ | 20,112 | 758,423.52 | 0.032 |
| Global X Funds | 2025-07-31 | Global X Russell 2000 ETF | RSSL | 8,495 | 320,346.45 | 0.0244 |