Camden NationalCAC
CAC
About: Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services.
Employees: 586
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
116% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 31
10% more funds holding
Funds holding: 141 [Q3] → 155 (+14) [Q4]
8% more capital invested
Capital invested by funds: $448M [Q3] → $485M (+$36.8M) [Q4]
3.37% more ownership
Funds ownership: 74.44% [Q3] → 77.81% (+3.37%) [Q4]
4% more call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.52M
Research analyst outlook
We haven’t received any recent analyst ratings for CAC.
Financial journalist opinion
Based on 3 articles about CAC published over the past 30 days
Positive
Seeking Alpha
6 days ago
Camden National Corporation: Modest, Undervalued, And Ready To Impress
Camden National Corporation is set to report Q1 earnings on May 6, with expectations of strong performance following its Northway Bank merger. Camden's conservative approach to deposits and lending, coupled with solid fundamentals, positions it well despite a challenging macroeconomic backdrop. Trading at just 8.5x forward earnings with a 4.5% dividend yield, Camden is undervalued, offering strong capital metrics and profitability.
Neutral
PRNewsWire
2 weeks ago
Camden National Corporation to Announce Quarter Ended March 31, 2025 Financial Results on May 6, 2025
CAMDEN, Maine , April 11, 2025 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended March 31, 2025 on Tuesday, May 6, 2025, which will include its recent acquisition of Northway Financial, Inc. that was completed on January 2, 2025. A conference call and webcast will be held at 2:00 p.m.
Positive
Zacks Investment Research
2 weeks ago
Strength Seen in Camden National (CAC): Can Its 5.1% Jump Turn into More Strength?
Camden National (CAC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Positive
Seeking Alpha
1 month ago
Camden National: Anticipate Strong Growth For This Regional Bank
Camden National Corporation's strong financial history and low loan losses make its current share price appealing, especially with an EPS estimate of $5/share for FY 2026. The acquisition of Northway Bank expands Camden's reach into New Hampshire, with minimal impact on the loan book and promising cost savings. Camden's robust loan book, with limited past-due loans, supports its ability to maintain low loan loss provisions and strong financial performance.
Neutral
PRNewsWire
1 month ago
Camden National Corporation Announces its First Quarter 2025 Dividend
CAMDEN, Maine , March 25, 2025 /PRNewswire/ -- Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of directors of the Company declared a quarterly dividend of $0.42 per share.
Neutral
Zacks Investment Research
1 month ago
Bears are Losing Control Over Camden National (CAC), Here's Why It's a 'Buy' Now
Camden National (CAC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Positive
Zacks Investment Research
1 month ago
Camden National (CAC) Upgraded to Strong Buy: What Does It Mean for the Stock?
Camden National (CAC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
Best Momentum Stocks to Buy for March 6th
FUNC, TAP and CAC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 6, 2025.
Neutral
PRNewsWire
2 months ago
Camden National Corp. Appoints Raina Maxwell to Board of Directors
Board welcomes customer experience and financial leader to drive innovation and growth CAMDEN, Maine , Feb. 26, 2025 /PRNewswire/ -- Camden National Corporation ("Camden National") (NASDAQ: CAC), the bank holding company for Camden National Bank, today announced Raina L. Maxwell's appointment to both Camden National Corporation's and Camden National Bank's Board of Directors, effective February 25, 2025.
Neutral
Seeking Alpha
3 months ago
Camden National Corporation (CAC) Q4 2024 Earnings Call Transcript
Camden National Corporation (NASDAQ:CAC ) Q4 2024 Earnings Conference Call January 28, 2025 3:00 PM ET Company Participants Renée Smyth - Chief Experience and Marketing Officer Simon Griffiths - President and Chief Executive Officer Michael Archer - Chief Financial Officer Conference Call Participants Steve Moss - Raymond James Financial, Inc. Damon DelMonte - Keefe, Bruyette & Woods, Inc. Matthew Breese - Stephens Inc. Operator Good day, and welcome to Camden National Corporation's Fourth Quarter 2024 Earnings Conference Call. My name is Elliot, and I'll be your operator for today's call.
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