Camden National Corp reports results for the quarter ended June 30 - Earnings Summary
Camden National Corp reports results for the quarter ended June 30 - Earnings Summary
Camden National Corp CAC.OQ reported quarterly adjusted earnings of $1.35 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 89 cents. The mean expectation of four analysts for the quarter was for earnings of $1.29 per share. Wall Street expected results to range from $1.26 to $1.32 per share.
Revenue rose 8.2% to $67.41 million from a year ago; analysts expected $66.41 million.
Camden National Corp's reported EPS for the quarter was $1.35.
The company reported quarterly net income of $23.02 million.
Camden National Corp shares had risen by 1.1% this quarter and gained 26.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "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 $52.50, about 4.4% below its last closing price of $54.81
This summary was machine generated from LSEG data July 28 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.29 | 1.35 | Beat |
Mar. 31 2026 | 1.24 | 1.29 | Beat |
Dec. 31 2025 | 1.32 | 1.33 | Beat |
Sep. 30 2025 | 1.18 | 1.24 | Beat |
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Camden National Corp reports results for the quarter ended June 30 - Earnings Summary
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Brief: Camden National Corporation Reports Record Quarterly Net Income Of $23.0 Million And Diluted EPS Of $1.35 For The Second Quarter Of 2026
Camden National Corp expected to post earnings of $1.29 a share - Earnings Preview