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Camden National: Q1 Earnings Snapshot


Camden National: Q1 Earnings Snapshot
April 27, 2021
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CAMDEN, Maine (AP) Camden National Corp. (CAC) on Tuesday reported first-quarter profit of $19.7 million.
The bank, based in Camden, Maine, said it had earnings of $1.31 per share. Earnings, adjusted for amortization costs, came to $1.32 per share.
The bank posted revenue of $50.6 million in the period. Its revenue net of interest expense was $47.6 million, surpassing Street forecasts.
Camden National shares have increased 31% since the beginning of the year. The stock has increased 65% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAC at https://www.zacks.com/ap/CAC ....

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Camden National Corp (CAC) Q4 2020 Earnings Call Transcript


Operator
Good day, and welcome to the Camden National Corporation s Fourth Quarter 2020 Earnings Conference Call. My name is Tom and I will be your operator for today s call. [Operator Instructions]
Please note that this presentation contains forward-looking statements, which involve significant risks and uncertainties that may cause actual results to vary materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in such forward-looking statements are described in the Company s earnings press release, the Company s 2019 annual report on Form 10-K and other filings with the SEC. The Company does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the forward-looking statements are made. Any references in today s presentation to non-GAAP financial measures are intended to provide meaningful in ....

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