UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 0-28190 CAMDEN NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Maine 01-0413282 (State or other jurisdiction of (I.R.S. Employer incorporation or organi ...

财务数据和关键指标变化 - 公司报告第一季度净收入13.3亿美元,每股收益0.91美元,较上一季度增长57%,较上年同期增长4% [9][16] - 调整后净收入较上一季度增长1%,较上年同期下降11% [16] - 调整后资产收益率为0.88%,较上一季度上升1个基点 [17] - 有形股东权益比率为7.12%,较年末上升1个基点,较上年同期上升56个基点 [23] 各条业务线数据和关键指标变化 - 商业贷款余额增长1%,主要由于商业房地产贷款增加3060万美元 [21] - 公司预计未来几个季度贷款增长和结构将保持相似 [21] - 资产质量保持良好,不良贷款占比0.19%,净拨备率为2个基点,逾期贷款占比5个基点 [21][22] - 公司根据资产质量和内部压力测试,将贷款损失准备率下调至0.86% [22] 各个市场数据和关键指标变化 - 公司在主要市场看到适度的贷款需求,已批准的贷款管线在过去几个季度保持相对稳定 [11] - 公司正在开发新的商业和消费者客户关系 [11] 公司战略和发展方向及行业竞争 - 公司正在投资于技术升级,包括推出新的财富管理移动应用和客户门户网站,以及年底上线的新一代移动和在线开户平台 [13] - 公司正在整合数字和线下客户体验,努力扩大客户群 [13] - 公司有信心应对经济不确定性,有明确的战略计划推动盈利增长,并拥有专注于执行计划的优秀团队 [14] 管理层对经营环境和未来前景的评论 - 尽管金融服务行业面临经济不确定性,但公司有信心适应变化的环境,通过当前挑战实现稳健回报 [14] - 公司有望在利率周期中维持和提升净息差,并通过成本管控来支持收益 [18][20] - 公司预计第二季度净息差将维持在2.30%左右,有望在第三季度进一步提升 [18][51][56] 问答环节重要的提问和回答 问题1 **Steve Moss 提问** 询问贷款定价情况,以及商业贷款收益率下降的原因 [26][27] **Mike Archer 回答** - 公司保持贷款定价在7.5%-8%的水平,保持定价纪律 [27] - 商业贷款收益率下降主要是由于一笔同业贷款的再融资 [30] 问题2 **Damon DelMonte 提问** 询问准备金计提和未来的变化 [42][43] **Mike Archer 回答** - 公司将维持在中高80%的准备金率水平,未来准备金计提可能较低 [43] - 如果出现较大的不良贷款,公司将相应调整准备金 [43] 问题3 **Matthew Breese 提问** 询问存款成本和净息差的月度趋势,以及未来12个月的存款结构和增长预期 [50][52][53] **Simon Griffiths 和 Mike Archer 回答** - 近期存款成本上升趋缓,公司有效管理存款结构和成本 [51][53] - 未来12个月存款结构可能继续向高成本存款转移,但公司有措施应对 [53][54] - 在利率环境不变的情况下,公司有信心未来几个季度净息差有望继续提升 [56]

Camden National (CAC) reported $41.6 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 5.8%. EPS of $0.86 for the same period compares to $0.87 a year ago. The reported revenue represents a surprise of -0.30% over the Zacks Consensus Estimate of $41.72 million. With the consensus EPS estimate being $0.72, the EPS surprise was +19.44%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Camden National (CAC) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 19.44%. A quarter ago, it was expected that this bank would post earnings of $0.85 per share when it actually produced earnings of $0.85, delivering no surprise. Over the last four quarters, the company has surpass ...

Asset Quality, Capital and Liquidity Remain Strong CAMDEN, Maine, April 30, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company") today reported earnings for the first quarter ended March 31, 2024. The Company reported first quarter net income available to common shareholders of $13.3 million and earnings per diluted share ("EPS") of $0.91. The Company continues to prioritize strong asset quality within the portfolio, which allowed the Company to release $2.1 mil ...

CONTACT: Michael Archer Executive Vice President Chief Financial Officer Camden National Corporation (800) 860-8821 marcher@camdennational.bank FOR IMMEDIATE RELEASE Camden National Corporation Reports First Quarter 2024 Earnings of $13.3 Million and Diluted EPS of $0.91 Asset Quality, Capital and Liquidity Remain Strong CAMDEN, Maine, April 30, 2024/PRNewswire/--Camden National Corporation (NASDAQ: CAC; “Camden National” or the “Company”) today reported earnings for the first quarter ended March 31, 2024. ...

CAMDEN, Maine, April 1, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended March 31, 2024 on Tuesday, April 30, 2024. A conference call and webcast will be held at 3:00 p.m. Eastern on Tuesday, April 30, 2024 hosted by Simon Griffiths, President and Chief Executive Officer and Michael Archer, Executive Vice President, Chief Financial Officer. Parties interested in listening to the teleconference should dial into the call or connec ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, March 11th: Camden National Corporation (CAC) : This bank holding company for Camden National Bank carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days. Camden has a price-to-earnings ratio (P/E) of 10.62, compared with 21.63 for S&P 500. The company possesses a Value Score of B. Stifel Financial Corp. (SF) : ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) ☒ OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) ☐ OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 0-28190 CAMDEN NATIONAL CORPORATION (Exact Name of Registrant As Specified in Its Charter) Maine 01-0413282 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) ...

公司概况 - Camden National Corp. (CAC)因盈利增长潜力和收入实力而具备增长潜力，目前购买该股票似乎是一个不错的投资决定[1] - CAC的2024年盈利预期保持不变，而2025年盈利预期在过去30天内上调了10.3%，分析师对公司的增长前景持乐观态度，目前公司的Zacks排名为1（强烈买入）[2] 盈利情况 - CAC在过去三到五年中的每股收益（EPS）增长了2.1%，尽管2024年的Zacks一致预期EPS预计将下降14.6%，但这一趋势有望在2025年逆转，预计EPS增长11%[4] 营收情况 - Camden National的营收虽然由于低利率在2020年和2021年下降，但在过去四年（2019-2023年）中以5.1%的复合年增长率增长，主要得益于2022年和2023年的较高利率，贷款在同一时期的复合年增长率为7.2%[5] 资产负债表和收入增长 - 公司预计资产负债表重组、存款结构调整和高利率将支持未来季度的净利差（NIM），管理层预计NIM在2024年上半年保持平稳，下半年略有恢复[6] - 除了努力增加费用收入外，预计这些措施将继续支持收入增长，Zacks一致预期显示，2024年和2025年的总收入预计分别增长7.2%和6.2%[7] 股息和股票回购 - Camden National定期支付季度股息，最近一次在2022年12月宣布的股息上调了5%，过去五年中已经四次增加股息，目前的年度股息收益率为5.36%，基于2024年3月1日收盘价31.35美元，此外，公司的五年年化股息增长率为8.77%，股息支付比率为48%[8] - CAC已经实施了股票回购计划，2023年以30.44美元的平均价格回购了0.07百万股，2024年1月，公司宣布了一个新的回购计划，回购0.75百万股，取代之前的计划，强劲的资产负债表使得当前的资本分配计划可持续[9] 财务指标 - CAC的净资产收益率（ROE）为11.08%，高于行业的9.59%，表明公司有效地配置资本以产生优越的回报，增加股东财富[10] - Camden National的现金流量比（P/CF）为6.56，低于行业的6.89，表明该股被低估，此外，该股的价值评分为B，研究表明，具有A或B风格评分的股票，结合Zacks排名1或2（买入），提供最高的上涨潜力[11]