Camden National publishes Q3 2026 earnings call transcript
CAC•Camden National reported third-quarter net income up 8% year over year to $22.8 million and diluted earnings per share up 7% to $1.34. Net interest margin widened to 3.41%, deposits rose 5% sequentially to $5.8 billion, and loans were flat at $5 billion.
1. Quarterly results and outlook
At Camden National's third-quarter 2026 earnings call, management reported net income of $22.8 million, up 8% year over year, and diluted earnings per share of $1.34, up 7%. Net interest margin widened 15 basis points to 3.41%; management expects it to remain stable in the fourth quarter, with slower expansion into 2027. Deposits rose 5% sequentially to $5.8 billion, while loans were flat at $5 billion; management expects low-single-digit loan growth in 2027 as commercial lending momentum builds.
