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Camden National: Q2 Earnings Snapshot

Camden National: Q2 Earnings Snapshot

By AP News
Published - Jul 30, 2024, 01:11 PM ET
Last Updated - Jul 30, 2024, 01:11 PM EDT

CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported second-quarter earnings of $12 million.

The Camden, Maine-based bank said it had earnings of 81 cents per share.

The bank posted revenue of $72.8 million in the period. Its revenue net of interest expense was $42.8 million, exceeding Street forecasts.

Camden National shares have climbed slightly more than 6% since the beginning of the year. The stock has risen 16% in the last 12 months.

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