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Camden Company profile

About Camden National Corporation

Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and the Bank is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit, and commercial customers. It provides a wide range of banking and other financial services, including wealth management and trust services, brokerage, investment advisory and insurance services, to consumer, business, non-profit and municipal customers. The Company has approximately 58 banking centers and 68 automated teller machines (ATMs).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Camden National Corporation interest income decreased 6% to $148.5M. Net interest income after loan loss provision increased 1% to $137.4M. Net income applicable to common stockholders increased 16% to $68.8M. Net interest income after loan loss provision reflects Interest&Dividend-Invest Sec AFS/HTM increase of 3% to $18.9M.

Equity composition

Common Stock no Par, 03/11, 20M auth., 7,659,403 issd. Insiders control 5.87%PO: NA. 12/98, 3-for-1 stock split. FY '01 Q's are reclassifed. FY'99 Q's are restated due to merger of United Bankand Kingfield Savings Bank on 2/00. 1/08, Company delisted from AMEX to NASDAQ.