Camden National Corporation Reports First Quarter 2024 Earnings of $13.3 Million and Diluted EPS of $0.91 [Yahoo! Finance]
Camden National Corporation (CAC)
Last camden national corporation earnings: 4/28 08:30 am
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US:NASDAQ Investor Relations:
snl.com/irweblinkx/yearlynews.aspx?iid=101149&start=121&mode=1
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Source: Yahoo! Finance
National" or the "Company") today reported earnings for the first quarter ended March 31, 2024 . The Company reported first quarter net income available to common shareholders of $13.3 million and earnings per diluted share ("EPS") of The Company continues to prioritize strong asset quality within the portfolio, which allowed the Company to release $2.1 million in the provision for credit losses, including a recovery on the sale of the Signature Bank corporate bond that the Company wrote off in 2023. Excluding the sale of the Signature Bank corporate bond, the Company reported adjusted net income (non-GAAP) for the first quarter of 2024 of $12.6 million and adjusted diluted EPS (non-GAAP) of , each an increase of 1% over the fourth quarter of 2023. "We are pleased with our first quarter financial results, demonstrating we can be nimble and take action to manage expenses, while managing the dynamics of our balance sheet," said Simon Griffiths , president and chief executive officer
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CAC
News
- Camden National Co. (NASDAQ: CAC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Camden National Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- People on the move [Yahoo! Finance]Yahoo! Finance
- Camden National First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Camden National Corporation (NASDAQ:CAC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CAC
Earnings
- 4/30/24 - Beat
CAC
Sec Filings
- 5/8/24 - Form 10-Q
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- CAC's page on the SEC website