Camden National (CAC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - Camden National reported $60.05 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 44.4% [1] - EPS for the same period was $0.95, compared to $0.86 a year ago, indicating growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of $57.16 million by 5.06%, while the EPS fell short of the consensus estimate of $0.99 by 4.04% [1] Key Metrics - Net interest margin was 3%, surpassing the two-analyst average estimate of 2.9% [4] - Annualized net charge-offs to average loans were 0.1%, compared to the estimated 0% by analysts [4] - Average balance of total interest-earning assets was $6.42 billion, slightly below the two-analyst average estimate of $6.44 billion [4] - Efficiency ratio (GAAP) was 74%, better than the estimated 81.9% by analysts [4] - Total non-interest income was $11.20 million, below the estimated $11.89 million [4] - Net interest income was $48.86 million, exceeding the estimated $45.94 million [4] Stock Performance - Shares of Camden National have returned +9% over the past month, while the Zacks S&P 500 composite increased by +11.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]