$57.840
-0.017 (-0.03%)Al cierre
Noticias de CAC
Eventos de CAC
Q3 Net Interest Margin Expands to 3.41%
Q3 net interest margin expanded 15 basis points vs. Q2 to 3.41%. Tangible book value per share was $31.40 at September 30, an increase of 10 vs. last year. Tier 1 leverage capital ratio was 9.92% vs. 9.66% last quarter. "Our Q3 results demonstrate continued momentum across the franchise, with year-over-year earnings growth, meaningful deposit growth, and strong credit performance," said CEO Simon Griffiths. "Strong deposit growth and continued customer acquisition improved our funding mix, reduced reliance on higher-cost borrowings, and expanded net interest margin by 15 basis points from the second quarter to 3.41%. At the same time, we maintained disciplined expense management while investing in our lending teams and future growth. With record earnings through the first nine months of the year and a stronger balance sheet, we are confident that we are well positioned to deliver sustained earnings growth and long-term shareholder value."
Q2 Tangible Book Value Per Share Increases to $31.64
Reports Q2 tangible book value per share increased to $31.64 at June 30 from $30.58 at March 31. Q2 net interest margin increased 5 basis points over the previous quarter to 2.97%. Tier 1 leverage capital ratio was 9.66% from 9.43% at previous quarter end. "Our record quarterly earnings reflect the momentum we are building across the franchise as we execute on our long-term strategy," said CEO Simon Griffiths. "Through continued investment in talent and focused efforts to deepen customer relationships, we delivered 3% annualized loan growth during the quarter and strong revenue performance across our complementary business lines. We enter the second half of the year with confidence in our strategy, disciplined execution, and a continued commitment to creating long-term value for our shareholders."
Camden National Bank Appoints Three Executives
Camden National Bank announced three executive appointments to "strengthen its commercial banking leadership and enhance support for clients across Northern New England." Kate Brunelle has been named executive VP, Chief Credit Officer; Ryan Smith has been named executive VP, commercial banking; and Barbara Raths has been named executive VP, treasury management and government banking. Brunelle joins Camden National Bank from TD Bank, where she built a 20-year career in commercial banking, credit risk, and complex credit restructuring.
Company Reports Nearly $22 Million Net Income for Q1
Reports Q1 core net interest margin on a FTE basis 2.92% vs. 2.92% last quarter. Tangible book value per share was $30.58 at March 31, up 18% vs. March 31, 2025. Reports Q1 common Equity Tier 1 ratio of 12.01%, a Tier 1 risk-based ratio of 13.32%, a total risk-based ratio of 14.27%, and a Tier 1 leverage ratio of 9.43%. "Our reported net income of nearly $22 million for the first quarter reflects the benefits of the acquisition we completed last year, including our ability to efficiently scale the combined organization and accelerate our strategy to grow and strengthen our franchise," said CEO Simon Griffiths. "We delivered solid performance in the first quarter through strong asset quality, expense management and deposit growth. Looking ahead, we remain focused on sustained growth and disciplined execution as we continue to meet our customers' evolving needs through advice-based conversations."
Q4 Net Interest Margin Rises to 3.29%
Reports Q4 net interest margin up 13 basis points over Q3 to 3.29%, and core net interest margin up 10 basis points over the same period to 2.92%. Tangible book value per share increased 4% during Q4 to $29.69 at year-end. Common Equity Tier 1 ratio was 11.69%, Tier 1 risk-based ratio was 13.00%, total risk-based ratio was 13.95%, and Tier 1 leverage ratio was 9.12%. "We are delighted to report record-breaking quarterly performance, powered by strong execution of our strategic initiatives and continued expansion of our net interest margin, reaching 3.29% for the fourth quarter," said CEO Simon Griffiths. "Our balance sheet remains exceptionally strong and credit metrics continue to trend favorably. I extend my sincere thanks to our colleagues, whose dedication to our customers and communities has positioned us for an outstanding 2026 and an even brighter future. We are more confident than ever in our strategy to build the premier community bank in Northern New England, and our strong 2025 financial results provide a powerful foundation for the growth and opportunities ahead."
Esta página es solo para investigación y no constituye asesoramiento de inversión. Los modelos pueden equivocarse. El rendimiento pasado no garantiza resultados futuros.