Camden National reports Q2 EPS 81c, consensus 71c

Q2 net interest margin increased to 2.36% from 2.30% for Q1. Tangible book value per share was $28.34 from $27.82 at previous quarter end. “This quarter’s results highlight the strength and stability of our long-standing organization,” said CEO Simon Griffiths. “We’re benefiting from our strong capital position, disciplined credit culture and expense management. Our well-diversified and stable funding mix positions us well to win new client relationships and deepen existing ones through our relationship banking approach and exceptional customer service.”