Camden National Publishes Q3 2026 Earnings Call Transcript
Bitget2026/10/28 15:58- Camden National's third-quarter 2026 earnings call featured CEO Simon R. Griffiths, CFO Michael R. Archer and marketing chief Renée D. Smyth.
- Net income rose 8% year over year to $22.8 million; diluted earnings per share increased 7% to $1.34.
- Net interest margin widened 15 basis points to 3.41%; management expects fourth-quarter stability, with slower expansion into 2027.
- Deposits grew 5% sequentially to $5.8 billion, supported by seasonal inflows and new customer relationships.
- Loans remained flat at $5 billion; management expects low-single-digit growth in 2027 as commercial lending momentum builds.
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