CAC

MKT CAP:$839M

Camden National Corporation

Market Cap

$839M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$49.76+$6.73 (+15.63%)

Apr 24, 2026

Company Details

Camden National Corporation 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 custome...

CEO

Simon R. Griffiths

IPO Date

Oct 8, 1997

Website

www.camdennational.com

Key Metrics TTM

Revenue

$367M

+26.8% YoY

Net Income

$65M

EPS (Diluted)

$3.84

Free Cash Flow

$17M

Revenue / Share

$21.66

Gross Margin

62.8%

Operating Margin

22.2%

Net Margin

17.7%

FCF Margin

4.5%

P/S

2.3x

P/E

12.9x

Earnings Reports

Q1 2026

Apr 28, 2026

PENDING

FY 2025

Mar 6, 2026

$367M+26.8%EPS $3.84

Q4 2025

Mar 6, 2026

$96M+29.4%EPS $1.33

Q3 2025

Nov 6, 2025

$93M+25.5%EPS $1.25

Q2 2025

Aug 7, 2025

$91M+26.8%EPS $0.83

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$48M	$46M	$21M
Q2 22	$50M	$44M	$19M
Q3 22	$53M	$44M	$18M
Q4 22	$58M	$45M	$19M
Q1 23	$60M	$41M	$16M
Q2 23	$65M	$41M	$16M
Q3 23	$61M	$37M	$12M
Q4 23	$64M	$37M	$10M
Q1 24	$70M	$42M	$16M
Q2 24	$71M	$41M	$15M
Q3 24	$74M	$43M	$16M
Q4 24	$74M	$45M	$18M
Q1 25	$88M	$49M	$6M
Q2 25	$91M	$54M	$18M
Q3 25	$93M	$60M	$26M
Q4 25	$96M	$68M	$31M

Valuation

Quarter	P/S	P/E
Q1 22	3.8x	10.9x
Q2 22	3.3x	10.4x
Q3 22	3.1x	10.0x
Q4 22	2.9x	9.9x
Q1 23	2.4x	9.1x
Q2 23	1.9x	8.2x
Q3 23	1.7x	8.1x
Q4 23	2.2x	12.5x
Q1 24	1.8x	10.7x
Q2 24	1.8x	11.0x
Q3 24	2.2x	12.9x
Q4 24	2.1x	11.7x
Q1 25	1.9x	12.5x
Q2 25	2.1x	14.1x
Q3 25	1.9x	11.5x
Q4 25	2.1x	11.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$43M	$42M
Q2 22	$27M	$26M
Q3 22	$15M	$15M
Q4 22	$20M	$20M
Q1 23	$15M	$14M
Q2 23	$17M	$17M
Q3 23	$47M	$46M
Q4 23	-$11M	-$12M
Q1 24	$18M	$17M
Q2 24	$14M	$13M
Q3 24	-$15M	-$16M
Q4 24	$43M	$41M
Q1 25	$1M	-$727.0K
Q2 25	$6M	$5M
Q3 25	$36M	$35M
Q4 25	-$18M	-$23M

Capital Expenditures

Quarter	CapEx
Q1 22	$393.0K
Q2 22	$559.0K
Q3 22	$396.0K
Q4 22	$835.0K
Q1 23	$495.0K
Q2 23	$539.0K
Q3 23	$696.0K
Q4 23	$892.0K
Q1 24	$545.0K
Q2 24	$1M
Q3 24	$2M
Q4 24	$2M
Q1 25	$2M
Q2 25	$1M
Q3 25	$689.0K
Q4 25	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-4.0%	+6.3%
Q2 22	+7.6%	+31.1%
Q3 22	+12.6%	+23.3%
Q4 22	+15.3%	+30.6%
Q1 23	+25.1%	+64.0%
Q2 23	+29.7%	+57.9%
Q3 23	+15.2%	+39.5%
Q4 23	+10.9%	+39.6%
Q1 24	+17.8%	+23.5%
Q2 24	+10.2%	+14.7%
Q3 24	+20.1%	+17.2%
Q4 24	+15.3%	+3.2%
Q1 25	+25.3%	+51.9%
Q2 25	+26.8%	+28.7%
Q3 25	+25.5%	+14.2%
Q4 25	+29.4%	+16.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$624.0K	1.3%
Q2 22	$893.0K	1.8%
Q3 22	$522.0K	1.0%
Q4 22	$514.0K	0.9%
Q1 23	$459.0K	0.8%
Q2 23	$948.0K	1.5%
Q3 23	$543.0K	0.9%
Q4 23	$843.0K	1.3%
Q1 24	$782.0K	1.1%
Q2 24	$920.0K	1.3%
Q3 24	$623.0K	0.8%
Q4 24	$577.0K	0.8%
Q1 25	$827.0K	0.9%
Q2 25	$1M	1.3%
Q3 25	$790.0K	0.9%
Q4 25	-$3M	-2.9%

OpEx Breakdown

Quarter	G&A
Q1 22	$16M
Q2 22	$15M
Q3 22	$16M
Q4 22	$15M
Q1 23	$15M
Q2 23	$15M
Q3 23	$15M
Q4 23	$15M
Q1 24	$16M
Q2 24	$16M
Q3 24	$17M
Q4 24	$16M
Q1 25	$20M
Q2 25	$19M
Q3 25	$20M
Q4 25	$999.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$139M	$1.3B	$1.4B
Q2 22	$76M	$714M	$791M
Q3 22	$82M	$652M	$734M
Q4 22	$75M	$696M	$771M
Q1 23	$76M	$615M	$691M
Q2 23	$94M	$588M	$683M
Q3 23	$212M	$531M	$742M
Q4 23	$100M	$626M	$726M
Q1 24	$177M	$577M	$754M
Q2 24	$106M	$555M	$661M
Q3 24	$140M	$578M	$718M
Q4 24	$215M	$578M	$793M
Q1 25	$219M	$820M	$1.0B
Q2 25	$114M	$839M	$953M
Q3 25	$99M	$890M	$989M
Q4 25	$97M	$930M	$1.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	15M	-0.2%	-1.2%
Q2 22	15M	-0.8%	-2.0%
Q3 22	15M	-0.2%	-2.2%
Q4 22	15M	-0.6%	-1.9%
Q1 23	15M	+0.3%	-1.3%
Q2 23	15M	-0.2%	-0.7%
Q3 23	15M	-0.0%	-0.5%
Q4 23	15M	+0.1%	+0.2%
Q1 24	15M	+0.1%	-0.0%
Q2 24	15M	+0.1%	+0.3%
Q3 24	15M	-0.8%	-0.5%
Q4 24	15M	+1.0%	+0.4%
Q1 25	17M	+16.2%	+16.5%
Q2 25	17M	0.0%	+16.3%
Q3 25	17M	0.0%	+17.3%
Q4 25	17M	-0.4%	+15.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$76.4K	623
Q2 22	$80.3K	623
Q3 22	$85.6K	623
Q4 22	$92.2K	630
Q1 23	$94.5K	630
Q2 23	$103.0K	630
Q3 23	$97.5K	630
Q4 23	$102.3K	630
Q1 24	$111.4K	630
Q2 24	$113.5K	630
Q3 24	$117.1K	630
Q4 24	$118.0K	630
Q1 25	$139.5K	630
Q2 25	$143.9K	630
Q3 25	$147.0K	630
Q4 25	$961.8K	100

Revenue / Employee