Camden National Q2 FY26 net income rises 63% to $23.02 million
CAC•Quarterly earnings and margin improve
Camden National posted Q2 net income of $23.02 million, up 63%, with diluted EPS of $1.35.
Net interest margin widened 0.2 percentage points to 3.26%, lifting net interest income 8% to $52.94 million.
Provision for credit losses fell 90% to $710,000, while non-interest income rose 11% to $14.47 million.
Six-month results and balance-sheet trends
Six-month net income more than doubled to $44.9 million, with diluted EPS of $2.64.
Loans rose 1% from Dec. 31, with core deposits up 2% to $4.83 billion and the allowance for credit losses at 0.91% of loans.
