StockNews.AI
CAC
StockNews.AI
203 days

CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2024 FINANCIAL RESULTS

1. Camden National reports strong Q4 earnings, EPS up 11%. 2. Merger with Northway Financial successfully completed, enhancing growth potential.

2m saved
Insight
Article

FAQ

Why Bullish?

The earnings growth and successful merger are positive indicators, similar to previous quarter gains.

How important is it?

Strong earnings and merger news directly correlate with CAC's market performance.

Why Short Term?

Immediate positive effects on stock price due to recent earnings and merger news.

Related Companies

NWBK
Fourth Quarter Net Interest Margin Expansion and Solid Earnings Set the Stage Heading Into 2025 CAMDEN, Maine , Jan. 28, 2025 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company") today reported earnings for the quarter ended December 31, 2024, of $14.7 million and diluted earnings per share ("EPS") of $1.00, an increase of 12% and 11%, respectively, over the third quarter of 2024. On January 2, 2025, the Company announced the successful closing of its merger with Northway Financial, Inc. ("Northway"), the parent company of Northway Bank.

Related News