Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Camden National (CAC) , which belongs to the Zacks Banks - Northeast industry, could be a great candidate to consider.This bank has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.67%.For the last reported quarter, Camden National came out with ...

CAMDEN, Maine, Jan. 6, 2025 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter and year ended December 31, 2024 on Tuesday, January 28, 2025. A conference call and webcast will be held at 3:00 p.m. Eastern on Tuesday, January 28, 2025 hosted by Simon Griffiths, President and Chief Executive Officer and Michael Archer, Executive Vice President, Chief Financial Officer. Parties interested in listening to the teleconference should dial into the ...

A downtrend has been apparent in Camden National (CAC) lately with too much selling pressure. The stock has declined 9.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for ...

Appoints Larry Haynes to Board of Directors CAMDEN, Maine, Jan. 2, 2025 /PRNewswire/ -- Camden National Corporation ("Camden National") (NASDAQ: CAC), the bank holding company for Camden National Bank, today announced the closing of its merger with Northway Financial, Inc. ("Northway") (OTCQB: NWYF), the parent company of Northway Bank. The all-stock transaction was originally announced on September 10, 2024. The combined institution has total assets of approximately $7.0 billion and 73 branches in Maine an ...

CAMDEN, Maine, Dec. 20, 2024 /PRNewswire/ -- Camden National Corporation ("Camden National") (NASDAQ: CAC), the bank holding company for Camden National Bank, announced today that it had received all necessary regulatory approvals to complete its previously announced proposed merger with Northway Financial, Inc. ("Northway") (OTCQB: NWYF), the parent company of Northway Bank. The transaction is expected to close on or about January 2, 2025, pending satisfaction of customary closing conditions."We are please ...

CAMDEN, Maine, Dec. 17, 2024 /PRNewswire/ -- Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of directors of the Company declared a quarterly dividend of $0.42 per share. This quarterly payout results in an annualized dividend yield of 3.66% based on the December 16, 2024 closing price of the Company's common stock at $45.91 per share as reported by NASDAQ. The dividend is payable on January 31, 2025 to sha ...

A downtrend has been apparent in Camden National (CAC) lately. While the stock has lost 6.6% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, without par value CAC The NASDAQ Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-13227 CAMDEN NATIONAL CORPOR ...

Camden National Corporation (NASDAQ:CAC) Q3 2024 Earnings Conference Call October 29, 2024 3:00 PM ET Company Participants Renée Smyth - EVP, Chief Experience and Marketing Officer Simon Griffiths - President and CEO Mike Archer - EVP, CFO Conference Call Participants Steve Moss - Raymond James Damon DelMonte - KBW David Mirochnick - Stephens Operator Good day. And welcome to Camden National Corporation's Third Quarter 2024 Earnings Conference Call. My name is Lydia, and I will be your operator for today's ...

Camden National (CAC) reported $44.99 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 19.5%. EPS of $0.94 for the same period compares to $0.96 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $43.9 million, representing a surprise of +2.49%. The company delivered an EPS surprise of +13.25%, with the consensus EPS estimate being $0.83. While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...