Camden National's Q4 net income rises, announces buyback

Camden National

27/01/2026 13:23

Overview

Community bank's Q4 net income rose 6% to $22.6 mln, EPS up 6%

Net interest margin for Q4 increased to 3.29%

Company announced share repurchase program for up to 850,000 shares

Outlook

Camden National expects strong growth in its loan pipeline, totaling $110.3 mln

Company plans to continue expanding net interest margin in 2026

Camden National announces share repurchase program for up to 850,000 shares

Result Drivers

NET INTEREST MARGIN - Q4 net interest margin increased by 13 basis points to 3.29%, driven by an 11 basis point reduction in funding costs

ASSET QUALITY - Company maintained strong asset quality with non-performing assets at 0.10% of total assets

COMMERCIAL LOANS - Commercial loan balances decreased by $62 mln, primarily due to a $35.9 mln decrease in municipal loans

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.33


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Camden National Corp is $46.50, about 1.5% below its January 26 closing price of $47.19

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPn5VW6g6a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)