Camden National Corporation reported third quarter 2026 net income of $22.8 million and diluted EPS of $1.34, up from a year ago; net interest margin rose 15 basis points to 3.41%, deposits reached $5.8 billion, and provision expense was $1.9 million.
Camden National Corporation reported net income of $22.8 million and diluted EPS of $1.34 for the quarter ended September 30, 2026; net interest margin expanded 15 basis points to 3.41%, and deposits grew 5%. It also announced a $0.42 per share dividend.
TL;DR.Camden National reported record Q2 net income of $23.0 million and diluted EPS of $1.35, with loans up 1%, margin expansion, and 21% non-interest income growth. Management expects another 5 to 10 basis points of Q3 core margin expansion but forecasts only measured loan growth, while Q3 non-interest income is guided to $13.5 million–$14 million and expenses to $37 million–$38 million.
Bullish
+Loans grew 1% and the committed pipeline increased 45%
+Non-interest income rose 21% to $14.5 million
Bearish
−Management expects only measured Q3 loan growth
−Q3 non-interest income is guided below Q2
−Provision expense increased to $710,000
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
73 of 192 funds reported for Sep 30 · net +39.1K sh shares · +11 new
Insider flowFlat
No net insider activity over 90 days
Short interestRising
4.49% of shares out · ▲ +3.5% MoM · 9.9 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
192 holders — near 3-yr high, broad support
Squeeze score66
elevated · 0–100
Fundamentals
Excellent
Revenue growth+17%
Y/Y
EPS growth+6%
Y/Y
Free cash flow$58.2M
ValuationP/E 10.9
below peers
Balance sheet$97.4M
net cash
Quant / Vol
risk profile
Low
Volatility26%
annualized · 1-yr
Max drawdown−11%
past year
ATR2.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
what management promised — and delivered
Latest guidance
· from the Earnings Call filed Jan 25, 2022
Interest income
· annual impact for a 50 basis points rate increase$1M – $1.5M
Previous outlook
earlier release· from the Earnings Call filed Oct 26, 2021
Still-open targets the latest release did not restate under the same label.
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Dividends per share over the trailing 365 days by ex-date · buyback figures as last
reported in SEC filings ("spent" derived as authorized − remaining; when several
programs run concurrently, authorized is their combined total per the newest filing) ·
components shown separately — trailing-year buyback spend isn't tracked, so no
combined shareholder yield is derived.
