CAMDEN NATIONAL CORP (CAC) Form 8-K — Oct 27, 2026
Camden National Corporation (NASDAQ: CAC) reported Q3 2026 net income of $22.8 million and diluted EPS of $1.34, up 8% and 7% year over year, with return on average assets of 1.31%. Net interest margin expanded 15 basis points quarter over quarter to 3.41%, helped by 5% deposit growth to $5.8 billion and a 26% reduction in average borrowings, while asset quality stayed strong with non-performing loans at just 0.16% of total loans. For the first nine months of 2026 the company posted record net income of $67.7 million ($3.98 diluted EPS) versus $42.6 million ($2.51) a year earlier, and declared a $0.42 per share cash dividend payable October 30, 2026.
Key figures
- Eps
- 1.34
- Net Income
- 22821000
- Revenue Yoy
- net interest income +8% YoY
- Total Assets
- 7053049000
- Cash Position
- 248570000
- Shares Outstanding
- 16898044
- Cet1 ratio
- 12.53%
- Total loans
- 5002228000
- Provision q3
- 1893000
- Borrowings q3
- 374400000
- Nim change qoq
- +15 bps
- Total deposits
- 5849336000
- Deposit growth qoq
- +5%
- Dividend per share
- 0.42
- Net interest margin
- 3.41%
- Book value per share
- 42.65
- Return on avg assets
- 1.31%
- Return on avg equity
- 12.36%
- Gaap efficiency ratio
- 54.60%
- Loan to deposit ratio
- 86%
- Nine month net income
- 67725000
- Shares repurchased 9m
- 85131
- Net interest income q3
- 55419000
- Nine month diluted eps
- 3.98
- Non interest income q3
- 13246000
- Core deposit growth qoq
- +7%
- Non interest expense q3
- 37492000
- Dividend yield annualized
- 3.04%
- Non performing loans ratio
- 0.16%
- Tangible book value per share
- 31.4
AI analysis
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