Camden National Corporation Reports Record Q3 2025 Earnings
Camden National Corporation announced record net income of $21.2 million for the third quarter of 2025, a 51% increase from the previous quarter. Diluted earnings per share (EPS) rose to $1.25, marking the company's strongest quarterly performance since 2021. The company attributed this success to the successful acquisition and integration of Northway Financial, Inc., which has positioned Camden National for accelerated growth. Key financial highlights include a net interest margin increase to 3.16%, a GAAP efficiency ratio of 54.94%, and a tangible book value per share of $28.42. The company also declared a cash dividend of $0.42 per share, payable on October 31, 2025. Asset quality remains strong, with non-performing assets at 0.12% of total assets.