CAC

Over the past six months, Camden National Corp. has reported strong financial results and declared regular dividends. For Q2 2026, the company reported record results with net income of $23.0 million and diluted EPS of $1.35, surpassing analyst expectations, with net income and EPS increasing by 5% sequentially and 63% year-over-year. Total revenue rose 5% sequentially, driven by net interest income of $52.9 million and non-interest income of $14.5 million, and the loan pipeline increased by 45% with total loans reaching $5 billion. Strong Q1 2026 results included net income of $21.9 million and diluted EPS of $1.29, reflecting substantial earnings growth post-acquisition. Camden National has consistently declared quarterly dividends of $0.42 per share, with the most recent declaration on September 29, 2026, representing an annualized yield of 2.93%. The company also bought back 85,131 shares at a weighted average price of $46.55 per share in the first six months of 2026. As of October 2026, analysts maintain a 'Hold' consensus with an average 12-month price target of $56.50, and recent analyst actions have been positive with raised price targets.