Camden National Reports Q3 2026 Net Income of $22.8 Million and Projects Low Single-Digit Loan Growth
Camden National Corporation (CAC) reported third-quarter net income of $22.8 million, resulting in diluted earnings per share of $1.34. CEO Simon Griffiths attributed the quarterly performance to strong core deposit growth, which has contributed to improved funding dynamics for the institution. Looking ahead, the company provided guidance for Q4 noninterest income in the range of $13.5 million to $14.5 million. Management also signaled a conservative outlook for long-term lending, projecting low single-digit loan growth through 2027.
Tickers: $CAC
Topics: deposit growth earnings earnings per share net income
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Part of the story Citizens Financial Services Reports Growth in Net Income and Interest Income for Q3 2026 (63 articles)