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General information

Country: UNITED STATES

Sector: Banks — Regional

Camden National Corporation is a multi-bank holding company. The Banks attracts deposits from the general public and uses those funds to originate a variety of commercial and consumer loans. Camden National operates in the State of Maine.
Website: camdennational.com



Growth: Bad revenue growth rate -10.8%, there is acceleration compared to average historical growth rates -13.1%. The revenue growth dynamics is unstable Site traffic for the last 3 months showed a change of -80.7%

Profitability: LTM net profit margin is positive, +11.3%. On average the margin is decreasing unsteadily. Gross margin is high, +100.0%. In the last quarter the company did not beat the estimated EPS, -3.3%. The company was ahead of estimated EPS in 20% of quarters (showing a gain of -$0.02 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 5.5%.

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 13.0% higher than minimum and 41.3% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, Net Income margin, industries and geography on average are valued 1.4x by P / Sales multiple , the company can be 58.3% overvalued

Key Financials (Download financials)

Ticker: CAC
Share price, USD:  (+0.8%)30.31
year average price 32.47  


year start price 32.30 2023-04-25

min close price 26.82 2023-10-13

max close price 38.89 2023-12-14

current price 30.31 2024-04-23
Common stocks: 14 656 500

Dividend Yield:  5.5%
P / E LTM: 29.6x
Last revenue growth (y/y):  -10.8%
Last growth of Net Income (y/y):  ---
Historical revenue growth:  -13.1%
Historical growth of Net Income:  ---
P / Sales: 3.3x
Margin (Net Income LTM / Revenue): 11.3%
Fundamental value created in LTM:
Market Cap ($m): 444
Price to Book: 0.9x

Revenue and Net Income

Quarterly values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-03-11Zacks Investment Research

Best Value Stocks to Buy for March 11th

2024-03-04Zacks Investment Research

Here's Why You Should Buy Camden National (CAC) Stock Now

2024-02-29Zacks Investment Research

Are Investors Undervaluing Camden National (CAC) Right Now?

2024-02-09Zacks Investment Research

Should Value Investors Buy Camden National (CAC) Stock?

2024-02-07Zacks Investment Research

Down -10.66% in 4 Weeks, Here's Why You Should You Buy the Dip in Camden National (CAC)

2024-01-30Zacks Investment Research

Camden National (CAC) Reports Q4 Earnings: What Key Metrics Have to Say

2023-10-06Zacks Investment Research

Consider Camden National (CAC) Stock for 6% Dividend Yield

2023-10-02PRNewsWire

Camden National Corporation to Announce Quarter Ended September 30, 2023 Financial Results on October 31, 2023

2023-09-03Seeking Alpha

Camden National: Attractively Valued But Margin Is A Cause For Concern

2023-07-25Seeking Alpha

Camden National Corporation (CAC) Q2 2023 Earnings Call Transcript
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol CAC CAC CAC CAC CAC CAC
reportedCurrency USD USD USD USD USD USD
cik 750 686 750 686 750 686 750 686 750 686 750 686
fillingDate 2024-03-08 2023-11-07 2023-08-09 2023-05-09 2023-03-10 2022-11-03
acceptedDate 2024-03-08 16:05:41 2023-11-07 10:16:07 2023-08-09 16:26:46 2023-05-09 16:01:28 2023-03-10 09:40:00 2022-11-03 11:41:02
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 60M 58M 42M 53M 46M 47M
costOfRevenue 0 0 0 0 0 0
grossProfit 60M 58M 42M 53M 46M 47M
grossProfitRatio 1.000 1.000 1.000 1.000 1.000 1.000
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 1M 897 000 15M 15M 15M 16M
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 1M 897 000 15M 15M 15M 16M
otherExpenses -11M -6M 0 0 47M 0
operatingExpenses 1M 897 000 1M 1M 959 000 0
costAndExpenses 1M 897 000 1M 1M 959 000 0
interestIncome 6M 5M 56M 53M 49M 45M
interestExpense 27M 25M 23M 18M 12M 7M
depreciationAndAmortization 148 000 148 000 148 000 148 000 1M 1M
ebitda 10M 12M 16M 34M 33M 26M
ebitdaratio 0.172 0.208 0.374 0.653 0.713 0.552
operatingIncome 10M 12M 15M 34M 32M 25M
operatingIncomeRatio 0.172 0.208 0.371 0.650 0.691 0.530
totalOtherIncomeExpensesNet 10M 12M 148 000 -18M -12M -7M
incomeBeforeTax 10M 12M 16M 16M 19M 18M
incomeBeforeTaxRatio 0.172 0.208 0.374 0.303 0.422 0.385
incomeTaxExpense 2M 2M 3M 3M 4M 4M
netIncome 8M 10M 12M 13M 15M 14M
netIncomeRatio 0.142 0.170 0.298 0.241 0.335 0.306
eps 0.580 0.670 0.850 0.870 1.050 0.970
epsdiluted 0.580 0.670 0.850 0.870 1.050 0.970
weightedAverageShsOut 15M 15M 15M 15M 15M 15M
weightedAverageShsOutDil 15M 15M 15M 15M 15M 15M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol CAC CAC CAC CAC CAC CAC
reportedCurrency USD USD USD USD USD USD
cik 750 686 750 686 750 686 750 686 750 686 750 686
fillingDate 2024-03-08 2023-11-07 2023-08-09 2023-05-09 2023-03-10 2022-11-03
acceptedDate 2024-03-08 16:05:41 2023-11-07 10:16:07 2023-08-09 16:26:46 2023-05-09 16:01:28 2023-03-10 09:40:00 2022-11-03 11:41:02
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 100M 212M 94M 76M 75M 82M
shortTermInvestments 603M 589M 658M 686M 624M 652M
cashAndShortTermInvestments 726M 801M 752M 762M 699M 734M
netReceivables 0 0 0 0 0 0
inventory 0 0 0 0 0 0
otherCurrentAssets 119M 231M 0 0 0 0
totalCurrentAssets 119M 801M 752M 762M 699M 734M
propertyPlantEquipmentNet 47M 35M 35M 36M 36M 36M
goodwill 95M 95M 95M 95M 95M 95M
intangibleAssets 971 000 1M 1M 1M 2M 2M
goodwillAndIntangibleAssets 96M 96M 96M 96M 96M 96M
longTermInvestments 71M 1 158M 1 212M 1 250M 1 246M 1 114M
taxAssets 51M 50M 48M 47M 0 0
otherNonCurrentAssets 5 340M -1 243M -1 295M -1 333M -1 379M -1 246M
totalNonCurrentAssets 5 604M 96M 96M 96M 1 379M 1 246M
otherAssets 0 4 883M 4 902M 4 858M 3 594M 3 571M
totalAssets 5 723M 5 780M 5 750M 5 717M 5 672M 5 552M
accountPayables 92M 124M 96M 78M 84M 87M
shortTermDebt 487M 470M 448M 486M 69M 152M
taxPayables 0 0 0 0 77M 58M
deferredRevenue -92M 0 0 0 0 0
otherCurrentLiabilities 2 522M -124M -96M -78M -153M -239M
totalCurrentLiabilities 3 009M 470M 448M 486M 153M 239M
longTermDebt 44M 44M 44M 44M 44M 44M
deferredRevenueNonCurrent 2 089M 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 8M 0 0 0 0 0
otherNonCurrentLiabilities 78M 4 802M 4 790M 4 721M 109M -239M
totalNonCurrentLiabilities 2 219M 4 846M 4 834M 4 765M 153M 239M
otherLiabilities 0 0 0 0 4 915M 4 643M
capitalLeaseObligations 13M 18M 0 0 0 0
totalLiabilities 5 228M 5 316M 5 283M 5 252M 5 221M 5 121M
preferredStock 0 0 0 0 0 0
commonStock 116M 115M 114M 116M 115M 115M
retainedEarnings 481M 479M 475M 469M 462M 453M
accumulatedOtherComprehensiveIncomeLoss -102M -130M -122M -119M -126M -136M
othertotalStockholdersEquity 0 0 0 0 0 0
totalStockholdersEquity 495M 463M 467M 465M 451M 431M
totalEquity 495M 463M 467M 465M 451M 431M
totalLiabilitiesAndStockholdersEquity 5 723M 5 780M 5 750M 5 717M 5 672M 5 552M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 5 723M 5 780M 5 750M 5 717M 5 672M 5 552M
totalInvestments 71M 1 158M 1 212M 1 250M 1 870M 1 766M
totalDebt 544M 514M 493M 531M 113M 197M
netDebt 445M 303M 398M 455M 38M 115M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol CAC CAC CAC CAC CAC CAC
reportedCurrency USD USD USD USD USD USD
cik 750 686 750 686 750 686 750 686 750 686 750 686
fillingDate 2024-03-08 2023-11-07 2023-08-09 2023-05-09 2023-03-10 2022-11-03
acceptedDate 2024-03-08 16:05:41 2023-11-07 10:16:07 2023-08-09 16:26:46 2023-05-09 16:01:28 2023-03-10 09:40:00 2022-11-03 11:41:02
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome 8M 10M 12M 13M 15M 14M
depreciationAndAmortization 1M 971 000 975 000 963 000 1M 1M
deferredIncomeTax 1M 7M 339 000 0 2M 0
stockBasedCompensation 843 000 543 000 948 000 459 000 514 000 522 000
changeInWorkingCapital -28M 28M 10M -3M 199 000 -3M
accountsReceivables 0 0 0 0 0 0
inventory 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0
otherWorkingCapital -28M 28M 10M -3M 199 000 0
otherNonCashItems 4M 1M -7M 3M 2M 2M
netCashProvidedByOperatingActivities -13M 47M 17M 15M 20M 15M
investmentsInPropertyPlantAndEquipment -892 000 -696 000 -539 000 -495 000 -835 000 -396 000
acquisitionsNet -30M 39M 0 0 0 0
purchasesOfInvestments -85M -53M 0 0 -33M 0
salesMaturitiesOfInvestments 90M 84M 26M 25M 58M 45M
otherInvestingActivites -934 000 205 000 -29M -70M -147M -137M
netCashUsedForInvestingActivites -27M 70M -3M -45M -123M -92M
debtRepayment -15M -41 000 -48 000 -36 000 -41 000 -39 000
commonStockIssued 0 3000.000 12M 7M -355 000 0
commonStockRepurchased 0 -3000.000 -2M 0 -272 000 -3M
dividendsPaid -6M -6M -6M -6M -6M -6M
otherFinancingActivites -50M 7M 267 000 30M 103M 91M
netCashUsedProvidedByFinancingActivities -72M 446 000 4M 31M 96M 83M
effectOfForexChangesOnCash -100M -61M 14M 0 0 0
netChangeInCash -112M 117M 19M 314 000 -7M 6M
cashAtEndOfPeriod 100M 212M 94M 76M 75M 82M
cashAtBeginningOfPeriod 212M 94M 76M 75M 82M 76M
operatingCashFlow -13M 47M 17M 15M 20M 15M
capitalExpenditure -892 000 -696 000 -539 000 -495 000 -835 000 -396 000
freeCashFlow -14M 46M 17M 14M 20M 15M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-01-30 ET (fiscal 2023 q4)
2023 q3
2023-10-31 ET (fiscal 2023 q3)
2023 q2
2023-07-25 ET (fiscal 2023 q2)
2023 q1
2023-04-25 ET (fiscal 2023 q1)
2022 q4
2023-01-31 ET (fiscal 2022 q4)
2022 q3
2022-10-25 ET (fiscal 2022 q3)
2022 q2
2022-07-26 ET (fiscal 2022 q2)
2022 q1
2022-04-26 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-01-30 13:15 ET
CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2023 FINANCIAL RESULTS
2024-01-03 20:00 ET
Camden National Corporation to Announce Quarter and Year Ended December 31, 2023 Financial Results on January 30, 2024
2023-12-19 21:15 ET
Camden National Corporation Announces its Fourth Quarter 2023 Dividend
2023-12-14 13:30 ET
Camden National Bank Names New Chief Credit Officer
2023-10-31 12:15 ET
CAMDEN NATIONAL CORPORATION REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS
2023-10-02 19:00 ET
Camden National Corporation to Announce Quarter Ended September 30, 2023 Financial Results on October 31, 2023
2023-09-26 20:15 ET
Camden National Corporation Announces its Third Quarter 2023 Dividend
2023-08-21 20:15 ET
Camden National Corporation Appoints Simon Griffiths as Successor to CEO
2023-07-25 12:15 ET
CAMDEN NATIONAL CORPORATION REPORTS SECOND QUARTER 2023 FINANCIAL RESULTS
2023-07-03 19:00 ET
Camden National Corporation to Announce Quarter Ended June 30, 2023 Financial Results on July 25, 2023
2023-06-27 20:15 ET
Camden National Corporation Announces its Second Quarter 2023 Dividend
2023-05-31 19:00 ET
Camden National Bank Appoints David Ackley as Chief Risk Officer
2023-04-25 12:15 ET
CAMDEN NATIONAL CORPORATION REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
2023-04-07 13:00 ET
Camden National Corporation to Announce Quarter Ended March 31, 2023 Financial Results on April 25, 2023
2023-03-29 20:15 ET
Camden National Corporation Announces Enhancements to Corporate Governance
2023-03-28 20:15 ET
Camden National Corporation Announces its First Quarter 2023 Dividend
2023-01-31 13:15 ET
CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2022 FINANCIAL RESULTS
2023-01-05 21:00 ET
Camden National Corporation to Announce Quarter and Year Ended December 31, 2022 Financial Results on January 31, 2023
2022-12-20 21:00 ET
Camden National Corporation Announces a 5% Increase in its Fourth Quarter 2022 Dividend
2022-10-25 12:15 ET
CAMDEN NATIONAL CORPORATION REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS
2022-10-06 12:00 ET
Camden National Corporation to Announce Quarter Ended September 30, 2022 Financial Results on October 25, 2022
2022-09-28 12:05 ET
Camden National Corporation Appoints Rebecca Hatfield to Board of Directors
2022-09-27 20:15 ET
Camden National Corporation Announces its Third Quarter 2022 Dividend
2022-07-26 12:15 ET
CAMDEN NATIONAL CORPORATION REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS
2022-07-07 12:30 ET
Camden National Corporation to Announce Quarter Ended June 30, 2022 Financial Results on July 26, 2022
2022-06-28 20:15 ET
Camden National Corporation Announces its Second Quarter 2022 Dividend
2022-04-26 12:15 ET
CAMDEN NATIONAL CORPORATION REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS
2022-04-07 20:15 ET
Camden National Corporation to Announce Quarter Ended March 31, 2022 Financial Results on April 26, 2022
2022-03-29 20:15 ET
Camden National Corporation Announces its First Quarter 2022 Dividend
2022-01-25 13:30 ET
CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2021 FINANCIAL RESULTS
2022-01-11 21:15 ET
Camden National Corporation to Announce Quarter and Year Ended December 31, 2021 Financial Results on January 25, 2022
2021-12-21 21:15 ET
Camden National Corporation Announces an 11% Increase in its Fourth Quarter 2021 Dividend
2021-10-26 12:30 ET
Camden National Corporation Reports Third Quarter 2021 Financial Results
2021-10-07 20:15 ET
Camden National Corporation to Announce Quarter Ended September 30, 2021 Financial Results on October 26, 2021
2021-09-28 20:15 ET
Camden National Corporation Announces its Third Quarter 2021 Dividend
2021-07-27 12:30 ET
Camden National Corporation Reports Second Quarter 2021 Financial Results
2021-07-07 20:15 ET
Camden National Corporation to Announce Quarter Ended June 30, 2021 Financial Results on July 27, 2021
2021-06-29 20:15 ET
Camden National Corporation Announces its Second Quarter 2021 Dividend
2021-04-27 12:41 ET
Camden National Corporation Reports First Quarter 2021 Financial Results
2021-04-08 12:30 ET
Camden National Corporation to Announce Quarter Ended March 31, 2021 Financial Results on April 27, 2021
2021-03-30 20:15 ET
Camden National Corporation Announces a 9% Increase in its First Quarter 2021 Dividend
2021-01-26 13:30 ET
Camden National Corporation Reports Fourth Quarter And Year End 2020 Financial Results
2021-01-07 21:15 ET
Camden National Corporation to Announce Quarter and Year Ended December 31, 2020 Financial Results on January 26, 2021
2020-12-22 21:15 ET
Camden National Corporation Announces its Fourth Quarter 2020 Dividend
2020-10-27 12:30 ET
Camden National Corporation Reports Third Quarter 2020 Financial Results
2020-10-08 20:15 ET
Camden National Corporation to Announce Third Quarter 2020 Financial Results on October 27, 2020
2020-09-29 20:15 ET
Camden National Corporation Announces its Third Quarter 2020 Dividend
2020-08-18 20:29 ET
Camden National Bank expands executive team with internal promotions
2020-07-28 12:30 ET
Camden National Corporation Reports Second Quarter 2020 Financial Results
2020-07-13 12:30 ET
Camden National Corporation to Announce Second Quarter 2020 Financial Results on July 28, 2020
2020-06-30 20:15 ET
Camden National Corporation Announces its Second Quarter 2020 Dividend
2020-04-28 12:30 ET
Camden National Corporation Reports First Quarter 2020 Financial Results
2020-04-13 18:00 ET
Camden National Corporation Provides Additional Information Regarding Its April 28, 2020 Annual Meeting Of Shareholders Due To Coronavirus (COVID-19) Concerns
2020-04-08 20:28 ET
Camden National Corporation to Announce First Quarter 2020 Financial Results on April 28, 2020
2020-03-31 20:15 ET
Camden National Corporation Announces its First Quarter 2020 Dividend
2020-01-28 13:45 ET
Camden National Corporation Reports Fourth Quarter and Annual Earnings for 2019
2020-01-08 20:00 ET
Camden National Corporation to Announce Quarter and Year Ended December 31, 2019 Financial Results on January 28, 2020
2019-12-17 21:15 ET
Camden National Corporation Announces a 10% Increase in its Fourth Quarter 2019 Dividend
2019-10-29 12:30 ET
Camden National Corporation Reports a 3% Increase in Third Quarter 2019 Earnings Over Last Year
2019-10-04 19:30 ET
Camden National Corporation to Announce Third Quarter 2019 Financial Results on October 29, 2019
2019-09-25 12:47 ET
Camden National Corporation Selected for the Sandler O'Neill Sm-All Stars Class of 2019
2019-09-24 20:15 ET
Camden National Corporation's Board Declares Quarterly Dividend
2019-07-11 12:30 ET
Camden National Corporation to Announce Second Quarter 2019 Financial Results on July 30, 2019
2019-06-25 20:15 ET
Camden National Corporation's Board Declares Quarterly Dividend
2019-04-10 14:13 ET
Camden National Corporation to Announce First Quarter 2019 Financial Results on April 30, 2019

SEC forms

Show financial reports only

SEC form 10
2024-03-08 00:00 ET
Camden National published news for 2023 q4
SEC form 8
2024-01-30 00:00 ET
Camden National published news for 2023 q4
SEC form 8
2024-01-30 00:00 ET
Camden National reported for 2023 q4
SEC form 10
2023-11-07 00:00 ET
Camden National published news for 2023 q3
SEC form 8
2023-10-31 08:06 ET
Camden National reported for 2023 q3
SEC form 10
2023-08-09 00:00 ET
Camden National published news for 2023 q2
SEC form 6
2023-07-25 08:11 ET
Camden National reported for 2023 q2
SEC form 8
2023-07-25 00:00 ET
Camden National published news for 2023 q2
SEC form 6
2023-07-17 14:34 ET
Camden National published news for 2023 q2
SEC form 6
2023-06-27 16:09 ET
Camden National published news for 2023 q1
SEC form 6
2023-06-22 07:59 ET
Camden National published news for 2023 q1
SEC form 6
2023-05-25 10:33 ET
Camden National published news for 2023 q1
SEC form 10
2023-05-09 00:00 ET
Camden National published news for 2023 q1
SEC form 8
2023-04-25 00:00 ET
Camden National published news for 2023 q1
SEC form 10
2023-03-10 00:00 ET
Camden National reported for 2022 q4
SEC form 8
2023-01-31 00:00 ET
Camden National reported for 2022 q4
SEC form 10
2022-11-03 00:00 ET
Camden National reported for 2022 q3
SEC form 8
2022-10-25 00:00 ET
Camden National reported for 2022 q3
SEC form 10
2022-08-04 00:00 ET
Camden National reported for 2022 q2
SEC form 8
2022-07-26 00:00 ET
Camden National reported for 2022 q2
SEC form 10
2022-05-05 00:00 ET
Camden National reported for 2022 q1
SEC form 8
2022-04-26 00:00 ET
Camden National reported for 2022 q1
SEC form 10
2022-03-11 00:00 ET
Camden National published news for 2021 q4
SEC form 8
2022-01-25 00:00 ET
Camden National published news for 2021 q4
SEC form 10
2021-11-04 00:00 ET
Camden National published news for 2021 q3
SEC form 8
2021-10-26 00:00 ET
Camden National published news for 2021 q3
SEC form 10
2021-08-05 00:00 ET
Camden National published news for 2021 q2
SEC form 8
2021-07-27 00:00 ET
Camden National published news for 2021 q2
SEC form 10
2021-05-06 00:00 ET
Camden National published news for 2021 q1
SEC form 8
2021-04-27 00:00 ET
Camden National published news for 2021 q1