Camden National (CAC) Misses Q2 EPS by 4c

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Go back to Camden National (CAC) Misses Q2 EPS by 4c

CAMDEN NATIONAL CORPORATION REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

July 26, 2022 8:15 AM EDT

Camden National Corporation Reports Net Income of $15.0 Million for the Second Quarter of 2022 and 9% Loan Growth for the First Half of 2022

CAMDEN, Maine, July 26, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.5 billion bank holding company headquartered in Camden, Maine, reported net income of $15.0 million and diluted earnings per share of ("EPS") of $1.02, decreases of 11% and 10%, respectively, compared to the first quarter of 2022. The decrease between periods was driven by higher provision... More