Camden National, Q3
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Camden National (CAC) posted a net profit margin of 26.6% this quarter, slightly down from last year’s 27.7%. Earnings growth surged 22.3% over the year, which is well above its recent five-year annual decline of 7.
Camden National has a strong history of keeping loan losses limited thanks to its local experience and knowledge. That was once again the case in 2024 when the bank was actually able to recoup about $0.4M in previously recorded loan loss provisions, after ...
Camden National Bank has promoted Geoffrey Grayson to senior vice president, director of retail sales strategy. Christopher Byron has been promoted to vice president, retail regional director. In his new role, Grayson will drive the formulation and ...
Camden National Corp. in Camden, Maine, said Tuesday it agreed to acquire Northway Financial in North Conway, New Hampshire, in an all-stock deal valued at $86.6 million. The $5.7 billion-asset Camden said the combination, slated to close in the first ...
CAMDEN, Maine, Dec. 14, 2023 /PRNewswire/ -- Camden National Bank announced today that Ryan Smith, an executive vice president who has been with the bank since 2012, has assumed the role of chief credit officer. Smith succeeded Timothy Nightingale, Camden ...
You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. The Finance Authority of Maine presented Camden National Bank with the “Lender at Work for Maine” award at its 40th anniversary ...