Camden National Corp. (CAC)
NASDAQ:CAC
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Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.29Last Year’s EPS
0.89Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple strengths: strong profitability and capital metrics, excellent asset quality, growing wealth/AUA and operational gains from AI/automation, along with ongoing shareholder returns. Headwinds noted were seasonal softness in fees and loans, sequential NIM pressure from lower accretion, increased competition and an expected normalization of expenses in Q2. Management reiterated disciplined, organic growth and a balanced M&A posture. Overall the positives (earnings growth, capital rebuilding, asset quality and tech-enabled efficiency) materially outweigh the transitory and manageable negatives.Company Guidance
Strong Quarterly Earnings
Net income of $21.9 million and diluted EPS of $1.29; adjusted net income and adjusted diluted EPS increased 39% year-over-year excluding noncore acquisition-related items.
Solid Capital Position and Book Value Growth
Tangible common equity ratio increased to 7.64% at quarter-end; tangible book value per share grew 3% to $30.58; continued capital rebuild following Northway acquisition.
Robust Profitability Metrics
Reported return on average assets (ROAA) of 1.28%, return on average tangible equity of 18.17% and a non-GAAP efficiency ratio of 53.21%.
Net Interest Margin Improvement Year-over-Year
Reported NIM of 3.24%, up 20 basis points year-over-year; core NIM remained stable at 2.92%; management anticipates 2–5 basis points of core NIM expansion in Q2 with potential further gradual expansion.
Excellent Asset Quality
Nonperforming loans at 22 basis points of total loans, past-due loans at 6 basis points, net charge-offs $506,000 (4 bps annualized); allowance for credit losses 92 bps with a 4.2x coverage ratio of NPLs.
Stable Deposit Base and Liquidity
Deposits of $5.6 billion at March 31, representing a 1% increase from the prior quarter; growth supported by high-yield savings and commercial/treasury wins.
Wealth and Fee Growth Momentum
Assets under administration (AUA) of $2.4 billion at quarter-end, essentially flat quarter-over-quarter and up 11% year-over-year; management reporting continued quarterly revenue growth in wealth channels.
Operational Efficiency and Technology Adoption
Launched and rapidly adopted internal AI tools (Camden IQ, Prep IQ, Loan IQ) and automation that improve banker productivity and decision consistency; home equity loans increased by $10.6 million in the quarter.
Shareholder Returns
Returned $8.6 million to shareholders in the quarter via cash dividends and repurchases; repurchased just over 33,000 shares and announced a share repurchase program.
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 |
|---|---|---|---|
Apr 28, 2026 | $50.40 | $50.67 | +0.54% |
Jan 27, 2026 | $46.80 | $46.99 | +0.40% |
Oct 28, 2025 | $36.48 | $37.05 | +1.56% |
Jul 29, 2025 | $40.29 | $36.18 | -10.20% |
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 Jul 28, 2026, Before Open (Confirmed).
What is Camden National Corp. (CAC) earnings time?
Camden National Corp. (CAC) earnings time is at Jul 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 (Q2) is 1.29.