CAC - Camden National Corp Stock Price, Fair Value and News

30.59USD-0.10 (-0.33%)Market Closed

Market Summary

USD30.59-0.10

Market Closed

-0.33%

CAC Stock Price

View Fullscreen

CAC RSI Chart

CAC Valuation

Market Cap

445.6M

Price/Earnings (Trailing)

10.27

Price/Sales (Trailing)

1.97

EV/EBITDA

1.83

Price/Free Cashflow

6.87

CAC Price/Sales (Trailing)

CAC Profitability

EBT Margin

23.80%

Return on Equity

8.76%

Return on Assets

0.76%

Free Cashflow Yield

14.56%

CAC Fundamentals

CAC Revenue

Revenue (TTM)

226.2M

Rev. Growth (Yr)

21.25%

Rev. Growth (Qtr)

3.69%

CAC Earnings

Earnings (TTM)

43.4M

Earnings Growth (Yr)

-44.76%

Earnings Growth (Qtr)

-13.35%

Breaking Down CAC Revenue

Last 7 days

1.8%

Last 30 days

-8%

Last 90 days

-15.9%

Trailing 12 Months

-3.9%

How does CAC drawdown profile look like?

CAC Financial Health

CAC Investor Care

Dividend Yield

5.49%

Dividend/Share (TTM)

1.68

Buy Backs (1Y)

0.01%

Diluted EPS (TTM)

2.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	186.7M	202.7M	215.8M	226.2M
2022	152.0M	155.7M	162.9M	172.8M
2021	152.4M	149.5M	148.2M	148.5M
2020	166.7M	163.5M	159.6M	157.2M
2019	158.1M	163.5M	167.4M	168.5M
2018	139.0M	142.1M	146.0M	151.4M
2017	130.1M	131.2M	133.3M	136.1M
2016	108.7M	117.8M	127.3M	129.6M
2015	89.4M	90.8M	91.5M	99.1M
2014	87.2M	87.0M	87.5M	88.4M
2013	90.4M	90.1M	89.3M	88.2M
2012	96.5M	93.6M	91.9M	90.9M
2011	103.2M	102.5M	100.6M	98.4M
2010	0	110.4M	107.4M	104.5M
2009	0	0	0	113.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Camden National Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	forbes andrew	acquired	-	-	1,121	evp
Mar 29, 2024	smith ryan a	acquired	-	-	923	evp
Mar 29, 2024	archer michael r	acquired	-	-	622	evp
Mar 29, 2024	rose patricia a	acquired	-	-	951	evp
Mar 29, 2024	smyth renee	acquired	-	-	865	evp
Mar 29, 2024	martel william h	acquired	-	-	979	evp
Mar 29, 2024	mirabile jennifer lloyd	acquired	-	-	889	evp
Mar 20, 2024	denekas craig n	acquired	11,793	32.31	365	-
Mar 20, 2024	mccarthy marie j	acquired	15,314	32.31	474	-
Mar 20, 2024	soderberg carl john	acquired	10,630	32.31	329	-

Which funds bought or sold CAC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-3.92	-491,276	2,916,460	-%
Apr 25, 2024	Lindbrook Capital, LLC	reduced	-16.63	-3,902	11,263	-%
Apr 25, 2024	Allworth Financial LP	added	2.17	-155	1,576	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	-11,447	93,353	-%
Apr 24, 2024	Assenagon Asset Management S.A.	added	95.1	423,434	997,254	-%
Apr 24, 2024	BAR HARBOR WEALTH MANAGEMENT	sold off	-100	-352,142	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-60.14	-31,000	17,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	68,589	274,285	-%
Apr 22, 2024	FOUNDERS CAPITAL MANAGEMENT, LLC	unchanged	-	-38,223	311,736	0.06%
Apr 22, 2024	Hanson & Doremus Investment Management	new	-	35,000	35,000	0.01%

Are Funds Buying or Selling CAC?

Are funds buying CAC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CAC

No. of Funds

Unveiling Camden National Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.26%	765,478	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.3%	775,647	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 30, 2024	franklin mutual advisers llc	8.5%	1,236,603	SC 13G/A
Jan 24, 2024	blackrock inc.	9.2%	1,341,335	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.3%	778,838	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	5.04%	734,087	SC 13G
Jan 30, 2023	franklin mutual advisers llc	6.9%	1,008,378	SC 13G
Jan 25, 2023	blackrock inc.	8.9%	1,292,481	SC 13G/A

Recent SEC filings of Camden National Corp

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 16, 2024	3	Insider Trading
Apr 09, 2024	8-K	Current Report
Apr 05, 2024	DEF 14A	DEF 14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Camden National Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	557.3B	171.1B	-3.02%	41.18%	11.25	3.26	60.72%	31.52%
BAC	297.7B	130.3B	-	30.88%	11.23	2.29	79.51%	-3.68%
WFC	214.3B	85.7B	3.98%	51.03%	11.19	2.5	41.49%	39.96%
C	119.7B	133.3B	-0.18%	34.65%	12.97	0.9	79.09%	-
CFG	16.1B	10.2B	-1.93%	16.75%	10.02	1.58	44.53%	-22.43%
KEY	13.7B	7.9B	-6.07%	34.16%	14.19	1.73	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	-4.02%	25.94%	9.92	1.62	34.68%	-45.96%
ZION	6.2B	3.9B	-3.20%	57.15%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	-0.60%	41.74%	12.27	2.58	43.24%	-22.35%
ASB	3.3B	2.0B	1.46%	20.10%	17.81	1.66	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	400.7M	164.9M	-6.54%	37.44%	34.26	2.43	42.66%	-70.76%
AROW	378.6M	162.6M	-8.08%	4.96%	12.59	2.33	25.39%	-38.37%
ACNB	280.5M	96.6M	-10.60%	4.96%	8.85	2.9	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.95%	-12.04%	-13.48	0.74	24.06%	-144.92%

Camden National Corp News

Latest updates

Camden National Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.7%	60.00	58.00	56.00	53.00	49.00	45.00	40.00	39.00	39.00	37.00	36.00	35.00	39.00	39.00	39.00	40.00	42.00	43.00	42.00	42.00	40.00
EBITDA Margin	-9.4%	0.84*	0.92*	1.06*	1.18*	1.32*	1.41*	1.46*	1.50*	1.53*	1.54*	1.54*	1.46*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.4%	33.00	33.00	33.00	34.00	37.00	38.00	37.00	36.00	37.00	35.00	34.00	32.00	35.00	34.00	35.00	32.00	32.00	32.00	32.00	32.00	32.00
Income Taxes	-19.5%	2.00	2.00	3.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	5.00	5.00	5.00	4.00	3.00	3.00	4.00	4.00	3.00	3.00	4.00
Earnings Before Taxes	-14.5%	10.00	12.00	16.00	16.00	19.00	18.00	19.00	21.00	21.00	19.00	23.00	25.00	23.00	21.00	14.00	17.00	19.00	18.00	16.00	18.00	17.00
EBT Margin	-18.3%	0.24*	0.29*	0.34*	0.39*	0.45*	0.48*	0.51*	0.55*	0.58*	0.60*	0.61*	0.54*	-	-	-	-	-	-	-	-	-
Net Income	-13.4%	8.00	10.00	12.00	13.00	15.00	14.00	15.00	17.00	16.00	15.00	18.00	20.00	18.00	17.00	11.00	13.00	15.00	14.00	13.00	14.00	14.00
Net Income Margin	-17.7%	0.19*	0.23*	0.27*	0.31*	0.36*	0.38*	0.40*	0.43*	0.46*	0.48*	0.49*	0.43*	-	-	-	-	-	-	-	-	-
Free Cashflow	-126.2%	-12.19	46.00	17.00	14.00	20.00	15.00	26.00	42.00	31.00	27.00	22.00	62.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.1%	5,715	5,780	5,744	5,717	5,672	5,552	5,466	5,420	5,500	5,503	5,152	5,089	4,899	5,154	4,959	4,595	4,430	4,520	4,447	4,421	4,297
Cash Equivalents	-52.8%	100	212	94.00	76.00	75.00	82.00	76.00	139	221	380	104	368	146	346	156	54.00	76.00	138	86.00	140	67.00
Net PPE	-0.2%	35.00	35.00	35.00	36.00	36.00	36.00	37.00	37.00	38.00	38.00	39.00	39.00	40.00	41.00	41.00	41.00	42.00	41.00	41.00	42.00	42.00
Goodwill	0%	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00
Liabilities	-1.8%	5,219	5,316	5,277	5,252	5,221	5,121	5,020	4,938	4,959	4,957	4,607	4,557	4,369	4,636	4,453	4,102	3,956	4,049	3,979	3,967	3,862
Short Term Borrowings	3.3%	486	470	448	486	265	421	372	238	212	212	170	186	162	210	246	327	269	-	-	-	-
Shareholder's Equity	6.9%	495	463	467	465	451	431	446	482	541	546	546	532	529	518	506	493	473	472	468	454	436
Retained Earnings	0.5%	481	479	475	469	462	453	445	435	424	414	405	392	378	367	355	349	341	330	320	312	302
Shares Outstanding	0.1%	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	438	-	-	-	627	-	-	-	698	-	-	-	508	-	-	-	696	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-124.0%	-11,297	47,145	17,144	14,516	20,468	15,200	26,765	42,750	31,054	27,157	22,447	62,058	24,162	13,555	13,508	-32,995	30,021	9,157	-1,665	-4,642	10,787
Share Based Compensation	55.2%	843	543	948	459	514	522	893	624	374	493	811	703	412	422	530	421	521	429	477	458	283
Cashflow From Investing	-141.0%	-28,578	69,645	-3,056	-45,040	-123,318	-92,309	-160,875	-111,220	-183,264	-93,157	-332,795	-39,877	47,158	-8,572	-248,795	-84,243	1,160	-1,240	-40,798	-14,957	-143,095
Cashflow From Financing	-16206.5%	-71,835	446	4,449	30,838	96,265	82,698	71,150	-12,772	-6,821	341,923	45,834	200,292	-271,935	185,578	336,906	95,811	-93,077	43,379	-10,869	92,168	100,965
Dividend Payments	0.0%	6,130	6,129	6,142	6,135	5,841	5,866	5,894	5,911	5,360	5,398	5,389	4,934	4,935	4,953	4,945	5,009	4,568	4,646	4,671	4,687	4,688
Buy Backs	-	-	-	2,000	-	170	2,827	6,804	542	5,166	4,913	-	11.00	549	1,402	-	7,973	3,796	10,066	4,802	1,957	27.00

CAC Income Statement

2023-12-31

Consolidated Statements Of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements Of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest Income
Interest and fees on loans	$ 195,379	$ 144,709	$ 125,437
Taxable interest on investments	24,267	23,339	18,869
Nontaxable interest on investments	2,927	3,096	3,001
Dividend income	1,061	531	412
Other interest income	2,612	1,113	765
Total interest income	226,246	172,788	148,484
Interest Expense
Interest on deposits	78,884	20,305	7,920
Interest on borrowings	12,949	2,649	605
Interest on subordinated debentures	2,150	2,140	2,523
Total interest expense	93,983	25,094	11,048
Net interest income	132,263	147,694	137,436
Provision (credit) for credit losses	2,100	4,500	(3,190)
Net interest income after provision (credit) for credit losses	130,163	143,194	140,626
Non-Interest Income
Mortgage banking income, net	2,921	4,221	13,704
Brokerage and insurance commissions	4,650	4,147	3,913
Bank-owned life insurance	2,349	1,901	2,364
Net loss on sale of securities	(10,310)	(912)	0
Other income	4,303	4,011	3,507
Total non-interest income	31,034	40,702	49,735
Non-Interest Expenses
Salaries and employee benefits	60,009	62,019	61,007
Furniture, equipment and data processing	13,377	13,043	12,247
Net occupancy costs	7,674	7,578	7,532
Debit card expense	5,126	4,602	4,313
Consulting and professional fees	4,520	4,073	3,691
Regulatory assessments	3,413	2,338	2,074
Amortization of core deposit intangible assets	592	625	655
Other real estate owned and collection costs (recoveries), net	42	29	(101)
Other expenses	12,608	12,542	12,302
Total non-interest expense	107,361	106,849	103,720
Income before income tax expense	53,836	77,047	86,641
Income Tax Expense	10,453	15,608	17,627
Net Income	$ 43,383	$ 61,439	$ 69,014
Per Share Data
Basic earnings per share (in dollars per share)	$ 2.98	$ 4.18	$ 4.62
Diluted earnings per share (in dollars per share)	2.97	4.17	4.60
Cash dividends declared, per share (in dollars per share)	$ 1.68	$ 1.62	$ 1.48
Weighted average number of common shares outstanding	14,563,380	14,644,170	14,903,855
Diluted weighted average number of common shares outstanding	14,609,345	14,701,010	14,971,578
Debit Card
Non-Interest Income
Revenue	$ 12,613	$ 13,340	$ 13,105
Deposit Accounts
Non-Interest Income
Revenue	7,839	7,587	6,626
Fiduciary Services
Non-Interest Income
Revenue	$ 6,669	$ 6,407	$ 6,516

About Camden National Corp

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

CEO	Mr. Gregory A. Dufour
WEBSITE	camdennational.com
INDUSTRY	Banks Diversified
EMPLOYEES	630

Camden National Corp Frequently Asked Questions

What is the ticker symbol for Camden National Corp? What does CAC stand for in stocks?

CAC is the stock ticker symbol of Camden National Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Camden National Corp (CAC)?

As of Fri Apr 26 2024, market cap of Camden National Corp is 445.6 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CAC stock?

You can check CAC's fair value in chart for subscribers.

What is the fair value of CAC stock?

You can check CAC's fair value in chart for subscribers. The fair value of Camden National Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Camden National Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CAC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Camden National Corp a good stock to buy?

The fair value guage provides a quick view whether CAC is over valued or under valued. Whether Camden National Corp is cheap or expensive depends on the assumptions which impact Camden National Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CAC.

What is Camden National Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, CAC's PE ratio (Price to Earnings) is 10.27 and Price to Sales (PS) ratio is 1.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CAC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Camden National Corp's stock?

In the past 10 years, Camden National Corp has provided 0.043 (multiply by 100 for percentage) rate of return.