Camden National (CAC) Tops Q3 EPS by 30c

Go back to Camden National (CAC) Tops Q3 EPS by 30c

Camden National Corporation Reports Third Quarter 2020 Financial Results

October 27, 2020 8:30 AM EDT

CAMDEN, Maine, Oct. 27, 2020 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.2 billion bank holding company headquartered in Camden, Maine, reported net income for the third quarter of 2020 of $16.8 million, an increase of $2.3 million, or 16%, compared to the third quarter of 2019. Diluted earnings per share ("EPS") for the third quarter of 2020 was $1.11, an increase of $0.17, or 18%, over the third quarter of 2019.

"This quarter's results demonstrate that our core business is solid and resilient. Our strong earnings for the quarter reflect the collective efforts and tireless work across our... More