Stock events for Camden National Corp. (Maine) (CAC)
Camden National Corp. has experienced several notable stock events in the past six months. The merger with Northway Financial, Inc. closed on January 2, 2025, and is anticipated to be accretive to Camden National's earnings per share. On October 28, 2025, Camden National Corp. reported record third-quarter earnings. The company also announced a quarterly dividend of $0.42 per share on September 30, 2025. Despite these positive developments, the stock price has seen a decrease of 13% since the beginning of the year and a 7.5% drop over the last 12 months. Insider sentiment for Camden National Corporation is positive, fueled by high-impact open-market purchases from insiders.
Demand Seasonality affecting Camden National Corp. (Maine)’s stock price
The banking industry, including regional banks like Camden National Corp., experiences seasonal trends primarily in the volume of new loans. Demand for loans is typically lowest in January and February, increases in March, and often peaks in August or September. Demand for investment services tends to increase in December and early January, and tax planning contributes to a rise in banking activity around March.
Overview of Camden National Corp. (Maine)’s business
Camden National Corporation is a bank holding company for Camden National Bank, a full-service community bank based in Camden, Maine, operating in the Financial Services sector. It provides banking, wealth management, and trust services, including digital solutions like MortgageTouch, BusinessTouch, and TreasuryLink.
CAC’s Geographic footprint
Camden National Corp. primarily serves Northern New England. Following its merger with Northway Financial, Inc. in January 2025, the combined institution operates 73 branches across Maine and New Hampshire. Additionally, the company maintains a residential mortgage lending office in Braintree, Massachusetts.
CAC Corporate Image Assessment
Camden National Bank has maintained a strong brand reputation, earning recognition on Forbes' "World's Best Banks" list for the third consecutive year in April 2023. The bank was also recognized as a Customer Experience Leader and one of the "Best Places to Work in Maine". In October 2021, the bank received an "Outstanding" rating from the Office of the Comptroller of the Currency (OCC) for its Community Reinvestment Act (CRA) examination. However, in April 2025, Camden National Bank faced a class-action lawsuit accusing it of disclosing consumers' nonpublic personal information without consent.
Ownership
The ownership structure of Camden National Corp. is a mix of institutional, retail, and individual investors. Approximately 41.11% of the company's stock is owned by Institutional Investors, 2.21% by Insiders, and 56.68% by Public Companies and Individual Investors. Franklin Value Investors Trust is noted as owning the most shares of Camden National Corp.
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$38.49