Camden National Corporation Reports Third Quarter 2026 Net Income Up 8% Year Over Year

Camden National Corporation reported a net income of $22.8 million and diluted earnings per share of $1.34 for the third quarter ended September 30, 2026. This represents an 8% increase in net income compared to the same period in 2025.

According to the company, the financial results were driven by strong deposit growth, credit quality, and disciplined expense management. Simon Griffiths, President and Chief Executive Officer, noted that core deposit growth and customer acquisition helped improve the funding mix and expand the net interest margin.

Financial Highlights for Q3 2026

• Net Income: $22.8 million, up 8% year-over-year.
• Diluted EPS: $1.34, up 7% from the third quarter of 2025.
• Net Interest Margin: Expanded by 15 basis points from the prior quarter to reach 3.41%.
• Deposit Growth: Total deposits grew 5% during the quarter, with core deposits increasing by 7%.
• Asset Quality: Non-performing loans and past-due loans remained low at 0.16% and 0.14% of total loans, respectively.

Dividend and Webcast Information

The company announced a cash dividend of $0.42 per share, payable on October 30, 2026, to shareholders of record as of October 15, 2026. Camden National scheduled a conference call and webcast for October 27, 2026, at 3:00 p.m. Eastern Time to discuss these financial results. Participants can review original announcements and verification details directly through the Investor Relations section at CamdenNational.bank.