Camden National (CAC) AI Stock Analysis

• Market Cap: $672.92M
• Dividend Yield: 4.22%
• Average Volume (3M): 61.15K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.01
• Revenue Growth: 22.21%
• EPS Growth: 6.20%
• Country: US
• Employees: 586
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.89
• Shares Outstanding: 16,920,277
• 10 Day Avg. Volume: 68,054
• 30 Day Avg. Volume: 61,154
• PEG Ratio: 0.54
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 2.15
• P/FCF Ratio: 11.26
• Enterprise Value/Market Cap: 1.89
• Enterprise Value/Revenue: 3.90
• Enterprise Value/Gross Profit: 6.66
• Enterprise Value/Ebitda: 19.34
• 1Y Price Target: $44.00
• Price Target Upside: 10.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: $44.00 ▲(10.64% Upside)

Camden National's overall stock score is driven by strong earnings call results and reasonable valuation metrics. While financial performance is stable, challenges in profitability and cash flow need addressing. Technical indicators suggest neutral market sentiment, but the company's strategic advancements and dividend yield provide a positive outlook.

Camden National Business Overview & Revenue Model

Company Description

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

How the Company Makes Money

Camden National generates revenue primarily through interest income from loans and fees associated with banking services. The key revenue streams include interest earned on commercial and consumer loans, residential mortgages, and investment securities. Additionally, the bank earns non-interest income from service fees on deposit accounts, wealth management services, and various transactional fees. Significant partnerships with local businesses and community organizations enhance its customer base and contribute to its earnings by fostering long-term relationships and promoting community investment initiatives.

Camden National Financial Statement Overview

Summary

Camden National demonstrates strong profitability and a stable balance sheet, with some concerns over increasing leverage and cash flow management. The company has shown resilience with improving equity returns, though operating efficiency pressures and cash flow management require close monitoring to sustain financial health.

Income Statement

Camden National shows a stable revenue base with a slight annual revenue decline followed by a recovery. The TTM gross profit margin is strong at 93.28%, and the net profit margin stands at a solid 17.57%. However, recent EBIT and EBITDA margins showed a decline from previous years, reflecting potential pressures on operating efficiency.

Balance Sheet

The balance sheet reveals a healthy equity ratio of 9.19% for TTM, indicating a stable capital structure. However, the debt-to-equity ratio has increased to 0.98 in the TTM period, suggesting rising leverage which could pose risks if not managed prudently. Return on equity has improved to 7.35% in the TTM, indicating better profitability for shareholders.

Cash Flow

Cash flow analysis highlights a positive free cash flow growth, though there is a notable decline in operating cash flow over the TTM. The operating cash flow to net income ratio is at 0.91, reflecting adequate cash generation relative to net income. However, a decline in free cash flow to net income ratio to 0.87 in the TTM period suggests potential liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	326.64M	289.72M	250.32M	208.89M	193.91M	203.94M
Gross Profit	191.37M	172.11M	156.07M	179.29M	186.05M	170.63M
EBITDA	65.92M	69.33M	57.80M	81.16M	91.00M	78.91M
Net Income	49.15M	53.00M	43.38M	61.44M	69.01M	59.49M
Balance Sheet
Total Assets	6.92B	5.81B	5.71B	5.67B	5.50B	4.90B
Cash, Cash Equivalents and Short-Term Investments	974.03M	792.76M	725.61M	771.30M	1.73B	1.26B
Total Debt	660.73M	544.95M	529.94M	309.51M	255.94M	246.77M
Total Liabilities	6.27B	5.27B	5.22B	5.22B	4.96B	4.37B
Stockholders Equity	652.15M	531.23M	495.06M	451.28M	541.29M	529.31M
Cash Flow
Free Cash Flow	28.76M	55.36M	64.89M	103.00M	140.86M	15.30M
Operating Cash Flow	35.75M	60.93M	67.51M	105.18M	142.72M	18.23M
Investing Cash Flow	34.99M	30.33M	-7.03M	-487.72M	-649.09M	-294.45M
Financing Cash Flow	-62.49M	23.90M	-36.10M	237.34M	581.23M	346.36M

Camden National Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 39.77
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAC, the sentiment is Neutral. The current price of 39.77 is below the 20-day moving average (MA) of 40.19, above the 50-day MA of 39.67, and below the 200-day MA of 40.56, indicating a neutral trend. The MACD of -0.09 indicates Positive momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 15.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CAC.

Camden National Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBNC	74 Outperform	830.02M	13.69	6.56%	3.95%	7.86%	170.93%
NBBK	74 Outperform	664.75M	13.64	6.95%	0.39%	17.31%	251.27%
CAC	72 Outperform	$672.92M	12.35	8.47%	4.22%	22.21%	6.20%
GSBC	71 Outperform	706.55M	10.57	10.98%	2.57%	4.55%	16.84%
IBCP	70 Outperform	652.97M	10.21	13.80%	3.24%	3.17%	-1.53%
AMTB	58 Neutral	832.48M	-103.05	-1.77%	1.81%	-6.88%	-131.00%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Camden National Corporate Events

Camden National Announces Board Leadership Transition

On September 4, 2025, Lawrence J. Sterrs announced his retirement from Camden National Corporation’s Board of Directors, effective December 31, 2025, after a decade of service. Marie J. McCarthy, who has been a board member since 2018, was appointed as Vice-Chair immediately and will succeed Sterrs as Chair upon his retirement. This transition marks a well-executed succession process, ensuring leadership continuity for Camden National. McCarthy brings extensive leadership experience from her tenure at L.L.Bean, where she served in various capacities, including Chief Operations Officer, and her appointment is expected to drive long-term value creation for the company.

The most recent analyst rating on (CAC) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Camden National stock, see the CAC Stock Forecast page.

Camden National Announces Quarterly Dividend of $0.42

On June 24, 2025, Camden National Corporation announced a quarterly dividend of $0.42 per share, resulting in an annualized dividend yield of 4.23% based on the June 23, 2025 closing stock price. The dividend is payable on July 31, 2025, to shareholders of record on July 15, 2025, reflecting the company’s commitment to providing value to its shareholders.

The most recent analyst rating on (CAC) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on Camden National stock, see the CAC Stock Forecast page.