Camden National (CAC) Reports In-Line Q1 EPS

Camden National (NASDAQ: CAC) reported Q1 EPS of $0.82, in-line with the analyst estimate of $0.82.

FIRST QUARTER 2018 FINANCIAL HIGHLIGHTS

• Net income for the first quarter of 2018 increased 27% to $12.8 million over the first quarter of 2017.
• Total loans at March 31, 2018 of $2.8 billion increased 5% over March 31, 2017 and low-cost deposits3 of $2.3 billion at March 31, 2018 increased 8% over the same period.
• First quarter 2018 efficiency ratio was 58.76%, compared to 58.00% for the first quarter of 2017.
• Non-performing assets to total assets ratio was 0.47% at March 31, 2018, compared to 0.50% at December 31, 2017 and 0.68% at March 31, 2017.

For earnings history and earnings-related data on Camden National (CAC) click here.

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