Camden National (CAC) Tops Q1 EPS by 11c

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Go back to Camden National (CAC) Tops Q1 EPS by 11c

Camden National Corporation Reports An 11% Increase In First Quarter 2019 Earnings

April 30, 2019 8:31 AM EDT

CAMDEN, Maine, April 30, 2019 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.4 billion bank holding company headquartered in Camden, Maine, reported net income for the first quarter of 2019 of $14.3 million and diluted earnings per share ("EPS") of $0.91, representing increases over the first quarter of 2018 of 11%. The Company's return on average assets was 1.33% and return on average equity was 13.13% for the first quarter of 2019.

"We are thrilled to start 2019 on such a strong note, reporting record earnings for the quarter of $14.3 million," said Gregory A. Dufour, President and Chief Executive Officer of... More