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Camden National Corp. (CAC)
NASDAQ:CAC
Earnings Data
Report Date
Apr 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.24Last Year’s EPS
0.95Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong, record-setting financial results, expanded margin and revenue momentum, high profitability and efficiency, solid capital and reserves, meaningful organic growth in wealth, home equity, and digital engagement, and tangible automation gains. Near-term headwinds include a Q4 loan decline driven by elevated prepayments, a $3 million CRE charge-off (with good recovery), elevated Q4 noninterest expense and seasonally boosted noninterest income that is expected to normalize in 2026, and some sensitivity to funding/yield dynamics and securities yields. On balance, the positives — including record earnings, margin expansion, robust capital and credit metrics, and multiple growth initiatives — significantly outweigh the lowlights.Company Guidance
Record Quarterly and Annual Earnings
Reported Q4 net income of $22.6 million and diluted EPS of $1.33; full-year net income $65.2 million and diluted EPS $3.84. Q4 earnings were up 6% versus the prior quarter, marking a record-setting quarter.
Net Interest Margin and Revenue Expansion
Net interest margin expanded 13 basis points quarter-over-quarter to 3.29%, driving net interest income growth of 5% QoQ and overall revenue growth of 4% QoQ.
Strong Profitability and Efficiency
Return on average assets ~1.28%-1.30% and return on average tangible equity of 19.06%. Reported efficiency ratio was 51.69% (non-GAAP efficiency ratio below 52%). Management expects mid-50s efficiency ratio as a normalized long-run range while reinvesting in the franchise.
Capital Position and Share Repurchase Capacity
Regulatory capital levels above internal targets and management rebuilt capital faster than initial projections following the Northway acquisition. Announced a new repurchase program to buy up to 850,000 shares (~5% of shares outstanding).
Loan Loss Reserve and Credit Coverage
Loan loss reserves totaled $45.3 million, representing 91 basis points of total loans and covering nonperforming loans at 6.4x. Nonperforming assets were 10 basis points of total assets and total past due loans were 16 basis points of total loans.
Deposit Momentum and Strong Savings Growth
Deposits increased 2% since September 30. High-yield savings balances rose 5% in the quarter and 28% organically for the year. Interest checking balances increased 11% QoQ. Management anticipates deposit balances relatively flat with Q4 in early 2026 but expects low- to mid-single-digit growth for the year.
Home Equity and Loan Growth
Home equity lending performed strongly: +6% in the quarter and +18% organic growth for the year. Loans grew organically 2% for the year; management expects loan growth of flat to +2% in the current quarter and mid-single-digits for the year as pipeline converts.
Wealth & Brokerage Outperformance
Wealth and brokerage assets under administration grew 15% organically to $2.4 billion as of 12/31/2025, with focus on advice-led interactions and treasury management expansion.
Digital Product Adoption and Engagement
Launched Family Wallet (no-fee, parent-controlled youth banking). Roundup savings processed nearly 1 million transactions with users saving an average of $103 each. Digital engagement increased 19% year-over-year among customers 45 and under (monthly logins).
Operational Automation and Efficiency Gains
Enterprise automation uses over 143 bots and has processed more than 5 million tasks, freeing capacity for higher-value activities and supporting cost discipline.
CAC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 27, 2026 | $47.19 | $47.38 | +0.40% |
Oct 28, 2025 | $36.78 | $37.36 | +1.56% |
Jul 29, 2025 | $40.62 | $36.48 | -10.20% |
May 06, 2025 | $38.44 | $38.19 | -0.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Camden National Corp. (CAC) report earnings?
Camden National Corp. (CAC) is schdueled to report earning on Apr 28, 2026, Before Open (Confirmed).
What is Camden National Corp. (CAC) earnings time?
Camden National Corp. (CAC) earnings time is at Apr 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CAC EPS forecast?
CAC EPS forecast for the fiscal quarter 2026 (Q1) is 1.24.