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Camden National Corporation
Bank holding company headquartered in Camden, Maine.1
Price unavailable
Last updated Oct 16, 2026.
Overview
1984Founded1
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Deposit Account brought in 22% of the revenue Camden National Corporation broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Deposit Account | $7.8M | $8.4M | $9.9M |
| Products And Services, Deposit Accounts Service Charges | $7.8M | $8.4M | $9.9M |
| Fiduciary and Trust | $6.7M | $7.3M | $7.6M |
| Products And Services, Fiduciary Services Income | $6.7M | $7.3M | $7.6M |
| Products And Services, Brokerage and Insurance Commissions | $4.7M | $5.5M | $7.0M |
| Products And Services, Other Income | $1.8M | $1.8M | $2.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Income tax17¢$13.5M
- Profit83¢$65.2M
Out of $41.7M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending9¢$5.7M
- Dividends paid45¢$28.5M
- Kept or used elsewhere47¢$29.7M
Out of $63.9M of cash from operations.4
Financial statements
Every line of the income statement in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest and fees on loans | $273.1M | $214.7M | $195.4M |
| Taxable interest on investments | $40.8M | $27.4M | $24.3M |
| Nontaxable interest on investments | $1.8M | $1.8M | $2.9M |
| Dividend income | $1.9M | $1.6M | $1.1M |
| Other interest income | $2.9M | $4.0M | $2.6M |
| Total interest income | $320.7M | $249.6M | $226.2M |
| Interest on deposits | $97.3M | $95.8M | $78.9M |
| Interest on borrowings | $16.5M | $19.2M | $12.9M |
| Interest on subordinated debentures | $3.6M | $2.1M | $2.1M |
| Total interest expense | $117.4M | $117.1M | $94.0M |
| Net interest income | $203.3M | $132.5M | $132.3M |
| Provision for loan losses: | $22.3M | -$404.0K | $2.1M |
| Net interest income after provision (credit) for credit losses | $181.0M | $132.9M | $130.2M |
| Mortgage banking income, net | $3.5M | $3.2M | $2.9M |
| Brokerage and insurance commissions | $7.0M | $5.5M | $4.7M |
| Bank-owned life insurance | $3.4M | $2.8M | $2.3M |
| Net loss on sale of securities | $0 | $0 | -$10.3M |
| Other income | $5.8M | $4.6M | $4.3M |
| Total non-interest income | $52.5M | $44.5M | $31.0M |
| Salaries and employee benefits | $79.8M | $64.1M | $60.0M |
| Furniture, equipment and data processing | $17.8M | $14.4M | $13.4M |
| Net occupancy costs | $11.2M | $7.9M | $7.7M |
| Debit card expense | $6.8M | $5.3M | $5.1M |
| Consulting and professional fees | $4.6M | $3.6M | $4.5M |
| Regulatory assessments | $4.3M | $3.3M | $3.4M |
| Merger and acquisition costs | $9.3M | $1.2M | $0 |
| Amortization of core deposit intangible assets | $5.9M | $556.0K | $592.0K |
| Other real estate owned and collection costs, net | $270.0K | $201.0K | $42.0K |
| Other expenses | $14.9M | $11.5M | $12.6M |
| Total non-interest expense | $154.8M | $111.9M | $107.4M |
| Income before income tax expense | $78.7M | $65.5M | $53.8M |
| Income Tax Expense | $13.5M | $12.5M | $10.5M |
| Net Income | $65.2M | $53.0M | $43.4M |
| Basic earnings per share (in dollars per share) | $3.86 | $3.63 | $2.98 |
| Diluted earnings per share (in dollars per share) | $3.84 | $3.62 | $2.97 |
| Cash dividends declared, per share (in dollars per share) | $1.68 | $1.68 | $1.68 |
| Weighted average number of common shares outstanding | 16.9M shares | 14.6M shares | 14.6M shares |
| Diluted weighted average number of common shares outstanding | 17.0M shares | 14.6M shares | 14.6M shares |
Every line of the balance sheet in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and due from banks | $71.5M | $62.4M | |
| Interest-bearing deposits in other banks (including restricted cash) | $26.0M | $152.6M | |
| Total cash, cash equivalents and restricted cash | $97.5M | $215.0M | $99.8M |
| Trading securities | $5.7M | $5.2M | |
| Available-for-sale securities, at fair value (amortized cost of $972,686 and $673,003, respectively) | $930.4M | $593.7M | |
| Held-to-maturity securities, at amortized cost (fair value of $457,821 and $470,824, respectively) | $485.3M | $517.8M | |
| Other investments | $26.5M | $22.5M | |
| Total investments | $1.4B | $1.1B | |
| Loans held for sale, at fair value (book value of $14,965 and $10,923, respectively) | $15.0M | $11.0M | |
| Loans | $5.0B | $4.1B | |
| Less: allowance for credit losses on loans | -$45.3M | -$35.7M | -$36.9M |
| Net loans | $4.9B | $4.1B | |
| Goodwill | $151.5M | $94.7M | |
| Core deposit intangible assets, net | $42.6M | $415.0K | |
| Bank-owned life insurance | $112.1M | $104.3M | |
| Premises and equipment, net | $51.3M | $37.1M | |
| Deferred tax assets | $51.1M | $40.0M | |
| Other assets | $85.6M | $83.8M | |
| Total assets | $7.0B | $5.8B | |
| Non-interest checking | $1.1B | $925.6M | |
| Interest checking | $1.7B | $1.5B | |
| Savings and money market | $1.9B | $1.5B | |
| Certificates of deposit | $679.1M | $532.4M | |
| Brokered deposits | $130.6M | $180.0M | |
| Total deposits | $5.5B | $4.6B | |
| Short-term borrowings | $581.8M | $500.6M | |
| Long-term borrowings | $1.0M | $0 | |
| Junior subordinated debentures | $61.5M | $44.3M | |
| Accrued interest and other liabilities | $96.0M | $95.8M | |
| Total liabilities | $6.3B | $5.3B | |
| Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 16,924,310 and 14,579,339 on December 31, 2025 and 2024, respectively | $215.8M | $116.4M | |
| Retained earnings | $545.1M | $509.5M | |
| Accumulated other comprehensive loss | -$64.4M | -$94.6M | |
| Total shareholders equity | $696.6M | $531.2M | $495.1M |
| Total liabilities and shareholders equity | $7.0B | $5.8B | |
| Debt Securities, Available-for-sale, Amortized Cost | $972.7M | $673.0M | |
| Debt Securities, Held-to-maturity, Fair Value | $457.8M | $470.8M | |
| Loans Held-for-sale, Fair Value Disclosure | $15.0M | $10.9M | |
| Common Stock, no par value (dollars per share) | $0 | $0 | |
| Common stock, authorized | 40.0M shares | 40.0M shares | |
| Common stock, outstanding | 16.9M shares | 14.6M shares | |
| Common stock, issued | 16.9M shares | 14.6M shares |
Every line of the cash flow in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net Income | $65.2M | $53.0M | $43.4M |
| Originations of mortgage loans held for sale | -$246.5M | -$222.6M | -$189.7M |
| Proceeds from the sale of mortgage loans | $245.2M | $224.1M | $186.5M |
| Gain on sale of mortgage loans, net of origination costs | -$2.7M | -$2.2M | -$1.6M |
| Provision for loan losses: | $22.3M | -$404.0K | $2.1M |
| Depreciation and amortization expense | $5.2M | $3.3M | $3.4M |
| Investment securities amortization and accretion, net | $1.8M | $1.8M | $2.3M |
| Stock-based compensation expense | $3.4M | $2.9M | $2.8M |
| Amortization of core deposit intangible assets | $5.9M | $556.0K | $592.0K |
| Purchase accounting accretion income, net | -$20.0M | -$89.0K | -$145.0K |
| Net (decrease) increase in derivative collateral received from counterparties | -$10.8M | -$2.2M | $10.0M |
| Net gain on sale of premises and equipment | -$675.0K | $0 | $0 |
| Net loss on sale of investment securities | $0 | $0 | $10.3M |
| Deferred income tax expense | $616.0K | $298.0K | $1.3M |
| Increase in other assets | -$3.5M | -$5.8M | -$9.2M |
| (Decrease) increase in other liabilities | -$1.5M | $8.4M | $5.5M |
| Net cash provided by operating activities | $63.9M | $60.9M | $67.5M |
| Cash Acquired from Acquisition | $48.3M | $0 | $0 |
| Proceeds from sales(1) | $56.4M | $0 | $126.8M |
| Proceeds from sales of available-for-sale debt securities | $109.3M | $89.2M | $73.3M |
| Purchase of available-for-sale debt securities | -$235.5M | -$60.4M | -$116.1M |
| Proceeds from maturities and recoveries of held-to-maturity securities | $43.3M | $33.9M | $25.1M |
| Purchase of held-to-maturity securities | $5.0M | $0 | $21.0M |
| Net increase in loans | -$69.9M | -$20.3M | -$90.3M |
| Purchase of Federal Home Loan Bank and Federal Reserve Bank stock | -$25.6M | -$17.0M | -$31.2M |
| Proceeds from sale of Federal Home Loan Bank Stock | $24.2M | $9.8M | $28.5M |
| Purchase of premises and equipment | -$5.7M | -$5.6M | -$2.6M |
| Proceeds from the sale of premises and equipment | $3.2M | $0 | $0 |
| Proceeds, Financing Receivable, Previously Written off, Recovery | $535.0K | $623.0K | $566.0K |
| Net cash (used in) provided by investing activities | -$56.4M | $30.3M | -$7.0M |
| Net (decrease) increase in deposits | -$67.3M | $35.8M | -$229.6M |
| Net proceeds from borrowings less than 90 days | $15.7M | $150.0M | $85.4M |
| Proceeds from Bank Term Funding Program | $0 | $225.0M | $135.0M |
| Repayments of Bank Debt | $0 | $360.0M | $0 |
| Repayments of Federal Home Loan Bank long-term advances | -$45.0M | $0 | $0 |
| Proceeds from Federal Home Loan Bank long-term advances | $1.0M | $0 | $0 |
| Common stock repurchases | $0 | -$1.6M | -$2.0M |
| Equity issuance costs | $0 | -$246.0K | $0 |
| Issuance of restricted stock, net of repurchase for tax withholdings | -$537.0K | -$224.0K | -$260.0K |
| Cash dividends paid on common stock | -$28.5M | -$24.6M | -$24.5M |
| Finance lease payments | -$335.0K | -$287.0K | -$168.0K |
| Net cash (used in) provided by financing activities | -$125.0M | $23.9M | -$36.1M |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -$117.5M | $115.2M | $24.4M |
| Interest paid | $117.1M | $116.7M | $92.4M |
| Income taxes paid | $6.2M | $8.8M | $11.1M |
| Cash dividends declared, not paid | $7.1M | $6.1M | $6.1M |
| Change in fair value hedges presented within residential real estate loans and other assets | $3.6M | $1.3M | $968.0K |
| Noncash or Part Noncash Acquisition, Value of Assets Acquired | $1.1B | $0 | $0 |
| Noncash or Part Noncash Acquisition, Value of Liabilities Assumed | $1.1B | $0 | $0 |
| Stock Issued | $96.5M | $0 | $0 |
Subsidiaries and ownership
Subsidiaries
- Camden National Bank
From Wikidata.1
Former names
- CAMDEN NATIONAL CORPNov 14, 1996 to Sep 29, 20263
Timeline
- 1984Founded Founded1
Recent filings
- Sep 29, 20268-K
- Sep 22, 20264
- Sep 22, 20264
- Sep 22, 20264
- Sep 22, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 6, 202610-Q
- Aug 6, 2026SCHEDULE 13G/A
- Aug 5, 20263
- Jul 28, 20268-K
- Jul 17, 20264
- Jul 17, 20264
- Jul 14, 2026SCHEDULE 13G
- Jul 8, 20263
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitecamdennationalcorporation.com1
- WikidataQ123616697
- SEC EDGARCIK 750686
Sources
The numbers on this page point here. Each one links to the record it came from.
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