Camden National reports Q3 EPS $1.25, consensus $1.19

Reports Q3 net interest margin up10 basis points to 3.16% vs. Q2. Tier 1 leverage capital ratio 8.94% from 8.74% last quarter. Tangible book value per share was $28.42 from $26.90 last quarter. “We are proud to report record third quarter earnings of $21.2 million, setting a new highwater mark for the organization, and diluted earnings per share of $1.25, marking our strongest quarterly performance since 2021,” said CEO Simon Griffiths. “These financial results reflect the strength and resilience of our core franchise and mark a pivotal moment for the organization. With the successful acquisition and integration of Northway Financial, Inc. earlier this year, we are well-positioned to accelerate growth and deliver sustained value for our shareholders.”