Camden National (CAC) AI Stock Analysis

• Market Cap: $686.03M
• Dividend Yield: 4.14%
• Average Volume (3M): 66.16K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.91
• Revenue Growth: 24.08%
• EPS Growth: 9.83%
• Country: US
• Employees: 586
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.24
• Shares Outstanding: 16,922,226
• 10 Day Avg. Volume: 62,972
• 30 Day Avg. Volume: 66,158
• PEG Ratio: 0.54
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 2.15
• P/FCF Ratio: 11.26
• Enterprise Value/Market Cap: 2.07
• Enterprise Value/Revenue: 4.12
• Enterprise Value/Gross Profit: 6.84
• Enterprise Value/Ebitda: 18.17
• 1Y Price Target: $45.00
• Price Target Upside: 11.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 4.37
• Revenue Forecast (FY): $249.73M

• Rating: 72 Outperform
• Price Target: $43.00 ▲(6.07% Upside)

Camden National's overall stock score reflects its stable financial performance, attractive valuation, and positive earnings call highlights. The company's strong cash flow management and profitability are significant strengths. However, technical indicators suggest potential resistance, and challenges such as loan charge-offs and rising expenses warrant caution.

Positive Factors

Record Earnings Growth

The significant increase in earnings indicates strong operational performance and effective cost management, enhancing long-term profitability.

Digital Engagement Growth

The growth in digital engagement reflects successful adaptation to technological trends, potentially increasing customer acquisition and retention.

Strong Noninterest Income Growth

Rising noninterest income diversifies revenue streams, reducing reliance on interest income and enhancing financial stability.

Negative Factors

Significant Loan Charge-Off

The large loan charge-off indicates potential credit risk management issues, which could impact future earnings and financial health.

Increased Operating Expenses Expected

Rising operating expenses could pressure profit margins, necessitating efficiency improvements to maintain profitability.

Decline in Revenue Growth

A declining revenue growth rate suggests potential challenges in market expansion and competitiveness, impacting long-term growth prospects.

Camden National Business Overview & Revenue Model

Company Description

Camden National Corporation (CAC) is a financial services holding company headquartered in Camden, Maine, primarily operating in the banking sector. The company offers a wide range of financial products and services through its subsidiary, Camden National Bank, including personal and business banking, mortgage lending, wealth management, and investment services. Camden National serves both individual and commercial clients across Maine and New Hampshire, focusing on community banking and strong customer relationships.

How the Company Makes Money

Camden National generates revenue primarily through interest income from loans, which includes personal, commercial, and mortgage loans. In addition to interest income, the company earns non-interest income from fees associated with various banking services, including account maintenance, transaction fees, and investment advisory services. The bank's investment management and wealth management services also contribute to its revenue streams. Significant partnerships with local businesses and community organizations help drive customer engagement and loyalty, further enhancing the company's earnings potential. Additionally, Camden National may benefit from economic growth in its operating regions, which can lead to increased loan demand and higher asset quality.

Camden National Financial Statement Overview

Summary

Camden National demonstrates a stable financial position with strong profitability and cash flow management. Despite the decline in revenue growth and gross profit margin, the company maintains healthy profit margins and a manageable debt level. The significant improvement in free cash flow growth is a positive indicator of future financial flexibility. However, attention to revenue growth and operational efficiency is necessary to sustain long-term performance.

Income Statement

Camden National's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 4.71%, which is concerning. However, the company maintains a strong net profit margin of 20.63% and a healthy EBITDA margin of 35.82%. The gross profit margin has decreased significantly compared to previous years, indicating potential cost management issues.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 1.11, which is manageable for a regional bank. The return on equity is 9.16%, showing a slight decline but still reasonable. The equity ratio stands at 9.69%, indicating a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a robust free cash flow growth rate of 193.17% in the TTM period, suggesting improved cash generation capabilities. The operating cash flow to net income ratio is low at 4.78%, indicating potential inefficiencies in converting income into cash. However, the free cash flow to net income ratio is strong at 80.45%, highlighting effective cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	345.48M	289.72M	250.32M	208.89M	193.91M	203.94M
Gross Profit	207.99M	172.11M	156.07M	179.29M	186.05M	170.63M
EBITDA	78.28M	69.33M	57.80M	81.16M	91.00M	78.91M
Net Income	57.27M	53.00M	43.38M	61.44M	69.01M	59.49M
Balance Sheet
Total Assets	6.98B	5.81B	5.71B	5.67B	5.50B	4.90B
Cash, Cash Equivalents and Short-Term Investments	988.61M	792.76M	725.61M	771.30M	1.73B	1.26B
Total Debt	748.49M	544.95M	529.94M	309.51M	255.94M	246.77M
Total Liabilities	6.31B	5.27B	5.22B	5.22B	4.96B	4.37B
Stockholders Equity	676.44M	531.23M	495.06M	451.28M	541.29M	529.31M
Cash Flow
Free Cash Flow	80.38M	55.36M	64.89M	103.00M	140.86M	15.30M
Operating Cash Flow	86.35M	60.93M	67.51M	105.18M	142.72M	18.23M
Investing Cash Flow	-76.80M	30.33M	-7.03M	-487.72M	-649.09M	-294.45M
Financing Cash Flow	-50.22M	23.90M	-36.10M	237.34M	581.23M	346.36M

Camden National Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 40.54
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAC, the sentiment is Positive. The current price of 40.54 is above the 20-day moving average (MA) of 39.08, above the 50-day MA of 38.34, and above the 200-day MA of 39.18, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 60.22 is Neutral, neither overbought nor oversold. The STOCH value of 88.61 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CAC.

Camden National Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NBBK	78 Outperform	$843.25M	12.81	7.84%	0.71%	14.04%	337.54%
IBCP	75 Outperform	$626.46M	9.29	14.51%	3.18%	4.29%	10.56%
CAC	72 Outperform	$686.03M	11.55	9.49%	4.14%	24.08%	9.83%
AMTB	69 Neutral	$707.71M	10.82	7.21%	1.91%	15.37%	―
GSBC	68 Neutral	$633.93M	9.30	11.18%	2.71%	0.67%	17.88%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HBNC	51 Neutral	$882.48M	―	-26.60%	3.71%	-78.64%	-913.67%

Camden National Corporate Events

Camden National Completes Northway Financial Acquisition

Camden National Corporation recently completed the acquisition of Northway Financial, which was finalized on January 2, 2025, with systems conversion in March 2025. The acquisition is expected to enhance Camden National’s presence in Northern New England, with significant cost savings and increased earnings per share anticipated. The company’s strategic objectives include expanding commercial banking, bolstering wealth management, and leveraging digital innovations to drive growth and operational excellence.

The most recent analyst rating on (CAC) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Camden National stock, see the CAC Stock Forecast page.

Camden National Achieves Record Earnings Amid Challenges

Camden National Reports Record Earnings Amid Challenges

Camden National Reports Record Q3 2025 Earnings

Camden National Corporation, a leading publicly traded bank holding company in Northern New England, specializes in providing comprehensive banking and financial services through its extensive network of branches and digital platforms.

Camden National Announces Quarterly Dividend Payout

On September 30, 2025, Camden National Corporation announced a quarterly dividend of $0.42 per share, payable on October 31, 2025, to shareholders of record as of October 15, 2025. This dividend reflects an annualized yield of 4.34% based on the company’s stock price as of September 29, 2025, indicating a stable financial position and commitment to returning value to shareholders.

The most recent analyst rating on (CAC) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on Camden National stock, see the CAC Stock Forecast page.

Camden National Announces Board Leadership Transition

On September 4, 2025, Lawrence J. Sterrs announced his retirement from Camden National Corporation’s Board of Directors, effective December 31, 2025, after a decade of service. Marie J. McCarthy, who has been a board member since 2018, was appointed as Vice-Chair immediately and will succeed Sterrs as Chair upon his retirement. This transition marks a well-executed succession process, ensuring leadership continuity for Camden National. McCarthy brings extensive leadership experience from her tenure at L.L.Bean, where she served in various capacities, including Chief Operations Officer, and her appointment is expected to drive long-term value creation for the company.

The most recent analyst rating on (CAC) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Camden National stock, see the CAC Stock Forecast page.