Camden National (CAC)

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Camden National (CAC) - 2024 Q3 - Quarterly Report
2024-11-07 15:03
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 (CAC) - 2024 Q3 - Earnings Call Transcript
2024-10-29 21:17
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 ...
Compared to Estimates, Camden National (CAC) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-29 15:00
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 ...
Camden National (CAC) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-29 14:25
Camden National (CAC) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.25%. A quarter ago, it was expected that this bank would post earnings of $0.71 per share when it actually produced earnings of $0.81, delivering a surprise of 14.08%.Over the last four quarters, the company has ...
Camden National Corporation Reports Third Quarter 2024 Earnings of $13.1 Million and Diluted EPS of $0.90
Prnewswire· 2024-10-29 12:15
Net Interest Margin Expansion and Robust Asset Quality Drive a Strong Quarter CAMDEN, Maine, Oct. 29, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company") today reported earnings for the quarter ended September 30, 2024 of $13.1 million and diluted earnings per share ("EPS") of $0.90, an increase of 9% and 11%, respectively, over the second quarter of 2024. The release of the Company's quarterly financial results follows its September 10, 2024, announcement of t ...
Camden National (CAC) - 2024 Q3 - Quarterly Results
2024-10-29 12:11
https://files.reportify.cc/media/ CONTACT: Michael Archer Executive Vice President Chief Financial Officer Camden National Corporation (800) 860-8821 marcher@CamdenNational.bank FOR IMMEDIATE RELEASE Camden National Corporation Reports Third Quarter 2024 Earnings of $13.1 Million and Diluted EPS of $0.90 Net Interest Margin Expansion and Robust Asset Quality Drive a Strong Quarter CAMDEN, Maine, October 29, 2024/PRNewswire/--Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company") today ...
Camden National Corporation to Announce Quarter Ended September 30, 2024 Financial Results on October 29, 2024
Prnewswire· 2024-10-02 18:00
CAMDEN, Maine, Oct. 2, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended September 30, 2024 on Tuesday, October 29, 2024. A conference call and webcast will be held at 3:00 p.m. Eastern on Tuesday, October 29, 2024 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 call or ...
Camden National Corporation Announces its Third Quarter 2024 Dividend
Prnewswire· 2024-09-24 20:15
CAMDEN, Maine, Sept. 24, 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 4.27% based on the September 23, 2024 closing price of the Company's common stock at $39.39 per share as reported by NASDAQ. The dividend is payable on October 31, 2024 to s ...
What Makes Camden National (CAC) a New Strong Buy Stock
ZACKS· 2024-09-23 17:02
Investors might want to bet on Camden National (CAC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. ...
Best Income Stocks to Buy for September 23rd
ZACKS· 2024-09-23 08:46
Here are three stocks with buy rank and strong income characteristics for investors to consider today, September 23rd: Opera Limited (OPRA) : This mobile and PC web browsers and related products and services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 5.4%, compared with the industry average of 0.0%. Southside Bancshares, Inc. (SBSI) : This bank holding company ...