The earnings call for Camden National Corporation highlighted strong financial performance, successful integration of a recent acquisition, and advancements in digital innovation, contributing to revenue and efficiency improvements. However, the call also acknowledged challenges, specifically a commercial loan bankruptcy that required increased provisions. Despite this lowlight, the company's overall financial health and strategic advancements suggest a positive outlook.

Company Guidance

During the second quarter of 2025, Camden National Corporation reported strong financial performance following the acquisition of Northway Financial, with pretax pre-provision income rising by 13% from the prior quarter, excluding one-time merger-related expenses. The company achieved quarterly earnings of $14.1 million, or $0.83 per diluted share, and adjusted earnings of $15.2 million, or $0.89 per share, on a non-GAAP basis. The tangible common equity ratio increased to 6.77%, accompanied by a 3% rise in tangible book value, reaching $26.9 per share. Net interest margin improved by two basis points, and the non-GAAP efficiency ratio decreased to 55.5%. Despite a notable bankruptcy affecting one commercial borrower, which required additional provisioning, Camden National maintained strong asset quality metrics with non-performing loans at 37 basis points of total loans. The company also reported a 4% increase in total revenues to $62.3 million, driven by growth in both net interest and noninterest income, and continues to anticipate further margin expansion in the third quarter.

Strong Quarterly Earnings

Reported quarterly earnings of $14.1 million, with diluted earnings per share of $0.83, and on a non-GAAP basis, adjusted earnings of $15.2 million or $0.89 per share.

Net Interest Margin and Efficiency Ratio Improvement

Net interest margin expanded by an additional two basis points, and the non-GAAP efficiency ratio improved to 55.5%.

Revenue and Fee Income Growth

Total revenues for the second quarter grew 4% over the last quarter to $62.3 million, with noninterest income reaching $13.1 million, organically growing 16% year over year.

Successful Acquisition Integration

Completion of Northway Financial acquisition resulted in a pretax pre-provision income rise of 13% from the prior quarter, and a 3% increase in tangible book value during the second quarter.

Digital and Innovation Advancements

Launched new mobile app features including a roundup feature and Zogo, a digital financial literacy program, resulting in over 140,000 roundup transactions and 13,000 learning activities in the first 60 days.

Camden National (CAC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CAC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	1.19 / -	0.94	―	―	―
Jul 29, 2025	2025 (Q2)	1.10 / 0.89	0.81	9.88% (+0.08)	―
May 06, 2025	2025 (Q1)	0.98 / 0.95	0.86	10.47% (+0.09)	―
Jan 28, 2025	2024 (Q4)	0.89 / 1.03	0.85	21.18% (+0.18)	―
Oct 29, 2024	2024 (Q3)	0.83 / 0.94	0.96	-2.08% (-0.02)	―
Jul 30, 2024	2024 (Q2)	0.71 / 0.81	0.85	-4.71% (-0.04)	―
Apr 30, 2024	2024 (Q1)	0.70 / 0.86	0.878	-2.05% (-0.02)	―
Jan 30, 2024	2023 (Q4)	0.80 / 0.85	1.058	-19.66% (-0.21)	―
Oct 31, 2023	2023 (Q3)	0.74 / 0.96	0.978	-1.84% (-0.02)	―
Jul 25, 2023	2023 (Q2)	0.81 / 0.85	1.028	-17.32% (-0.18)	―

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
Jul 29, 2025	$41.46	$37.23	-10.20%
May 06, 2025	$39.23	$38.98	-0.64%
Jan 28, 2025	$43.51	$44.48	+2.23%
Oct 29, 2024	$40.21	$40.92	+1.77%

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 Nov 04, 2025, Before Open (Confirmed).

What is Camden National Corp. (CAC) earnings time?

Camden National Corp. (CAC) earnings time is at Nov 04, 2025, 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 2025 (Q3) is 1.19.

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