Q3 Net Income Slips to $22.8M as EPS Eases to $1.34
CAC sits 59% above its 52-week low of $36.83.
Summary
Camden National reported Q3 2026 net income of $22.80 million and diluted EPS of $1.34, a slight step down from the record $23.0 million and $1.35 EPS posted in Q2, though net income rose 8% year over year. The sequential dip is small but notable for a bank trading near its 52-week high, where expectations for continued margin expansion are already priced in. The net interest margin came in at 3.41%, up 15 bps. Credit quality and fee income trends from the Q2 report are the key items to confirm in the full filing. The company also declared a $0.42 quarterly dividend payable October 30, 2026, which is already in the timeline.
At the time of this announcement, CAC was trading at $58.46 on NASDAQ in the Finance sector, with a market capitalization of approximately $987.8M. The 52-week trading range was $36.83 to $60.59. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.