Camden National (CAC) Tops Q1 EPS by 20c
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Camden National Corporation Reports First Quarter 2020 Financial Results
April 28, 2020 8:30 AM EDTCAMDEN, Maine, April 28, 2020 /PRNewswire/ --Â Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.6 billion bank holding company headquartered in Camden, Maine, reported net income for the first quarter of 2020 of $13.5 million, a decrease of 5% compared to the first quarter of 2019, and diluted earnings per share ("EPS") of $0.89, a decrease of 2% over the same period. For the first quarter of 2020, the Company's return on average assets was 1.21% and return on average equity was 11.30%.
"These are unprecedented times in just a few weeks, our focus shifted from working towards our long-term operational and... More
