Camden National Corp - Understand $cac stock

$CAC Market Cap: $687.6 Million

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Financial Snapshot

Revenue

$26.31M

TTM

Gross Margin

Net Earnings

$46.81M

TTM

Current Assets

Current Liabilities

$270.7M

Q3 2024

Current Ratio

Total Assets

$5.745B

Q3 2024

Total Liabilities

$5.215B

Q3 2024

Book Value

$529.9M

Q3 2024

Cash

$139.5M

Q3 2024

P/E

14.69

Dec 02, 2024 EST

Free Cash Flow

$1.987M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	$33.57M	$33.27M	$148.5M	$157.2M	$168.5M	$151.4M	$136.1M	$129.6M	$99.14M	$88.39M	$88.18M	$90.95M	$98.37M	$104.5M
YoY Change	0.88%	-77.59%	-5.54%	-6.72%	11.32%	11.22%	5.0%	30.75%	12.17%	0.23%	-3.04%	-7.55%	-5.87%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$33.57M	$33.27M	$148.5M	$157.2M	$168.5M	$151.4M	$136.1M	$129.6M	$99.14M	$88.39M	$88.18M	$90.95M	$98.37M	$104.5M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.963M	$4.115M	$4.363M	$4.510M	$4.596M	$4.490M	$5.570M	$6.329M	$4.900M	$4.200M	$4.200M	$2.500M	$2.300M	$2.300M	$3.300M	$3.200M	$2.300M	$2.500M	$3.200M	$3.100M	$3.800M	$4.000M	$3.500M	$2.400M	$1.100M	$1.600M	$1.500M	$1.000M	$800.0K
YoY Change	-3.69%	-5.68%	-3.26%	-1.87%	2.36%	-19.39%	-11.99%	29.16%	16.67%	0.0%	68.0%	8.7%	0.0%	-30.3%	3.13%	39.13%	-8.0%	-21.87%	3.23%	-18.42%	-5.0%	14.29%	45.83%	118.18%	-31.25%	6.67%	50.0%	25.0%	14.29%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$93.98M	$25.09M	$11.05M	$20.89M	$40.89M	$30.98M	$20.80M	$16.55M	$12.69M	$12.13M	$12.74M	$17.20M	$23.15M	$30.22M
YoY Change	274.52%	127.14%	-47.12%	-48.9%	31.96%	48.93%	25.67%	30.43%	4.65%	-4.82%	-25.93%	-25.7%	-23.38%
% of Operating Profit
Other Income/Expense, Net							$5.731M	$5.657M	$4.502M	$3.735M	$3.197M	$2.059M	$2.817M	$2.732M
YoY Change							1.31%	25.66%	20.54%	16.83%	55.27%	-26.91%	3.11%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Pretax Income	$53.84M	$77.05M	$86.64M	$74.40M	$71.58M	$65.78M	$62.35M	$57.54M	$30.86M	$36.01M	$34.92M	$34.31M	$37.96M	$35.88M	$33.20M	$20.70M	$28.80M	$29.40M	$31.30M	$29.20M	$28.20M	$25.90M	$22.60M	$20.10M	$15.40M	$16.90M	$15.90M	$12.10M	$10.70M
YoY Change	-30.13%	-11.07%	16.46%	3.94%	8.82%	5.49%	8.37%	86.46%	-14.3%	3.14%	1.76%	-9.61%	5.79%	8.07%	60.39%	-28.13%	-2.04%	-6.07%	7.19%	3.55%	8.88%	14.6%	12.44%	30.52%	-8.88%	6.29%	31.4%	13.08%	-14.4%
Income Tax	$10.45M	$15.61M	$17.63M	$14.91M	$14.38M	$12.71M	$33.88M	$17.47M	$9.907M	$11.44M	$12.13M	$10.88M	$11.78M	$11.11M	$10.40M	$5.400M	$8.500M	$9.100M	$10.00M	$9.700M	$9.300M	$8.400M	$7.200M	$6.200M	$5.200M	$5.400M	$5.200M	$4.000M	$3.300M
% Of Pretax Income	19.42%	20.26%	20.34%	20.04%	20.08%	19.32%	54.33%	30.37%	32.1%	31.77%	34.75%	31.72%	31.04%	30.97%	31.33%	26.09%	29.51%	30.95%	31.95%	33.22%	32.98%	32.43%	31.86%	30.85%	33.77%	31.95%	32.7%	33.06%	30.84%
Net Earnings	$43.38M	$61.44M	$69.01M	$59.49M	$57.20M	$53.07M	$28.48M	$40.07M	$20.95M	$24.57M	$22.78M	$23.43M	$26.18M	$24.77M	$22.80M	$15.30M	$20.40M	$20.30M	$21.40M	$19.50M	$18.90M	$17.10M	$15.40M	$13.90M	$10.20M	$11.50M	$10.70M	$8.100M	$7.400M
YoY Change	-29.39%	-10.98%	16.02%	3.99%	7.79%	86.37%	-28.93%	91.23%	-14.73%	7.84%	-2.75%	-10.5%	5.7%	8.62%	49.02%	-25.0%	0.49%	-5.14%	9.74%	3.17%	10.53%	11.04%	10.79%	36.27%	-11.3%	7.48%	32.1%	9.46%	-10.84%
Net Earnings / Revenue	129.24%	184.65%	46.48%	37.84%	33.94%	35.06%	20.92%	30.91%	21.13%	27.8%	25.84%	25.76%	26.61%	23.7%
Basic Earnings Per Share	$2.98	$4.18	$4.62	$3.96	$3.70	$3.40	$1.83	$2.59	$1.73	$2.19	$2.98	$3.06	$3.41	$3.23
Diluted Earnings Per Share	$2.97	$4.17	$4.60	$3.95	$3.69	$3.39	$1.82	$2.57	$1.73	$2.19	$2.97	$3.05	$3.40	$3.23	$1.98	$1.33	$2.07	$1.95	$1.87	$1.68	$1.59	$1.41	$1.26	$1.13	$0.85	$0.92	$0.85	$0.76	$0.69

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$50.80M	$52.83M	$55.15M	$58.44M	$56.34M	$42.50M	$41.89M	$42.87M	$46.00M	$23.90M	$25.70M	$28.10M	$24.10M	$25.00M	$26.10M	$25.90M	$19.70M	$17.60M	$16.00M	$16.40M	$15.70M	$16.70M	$17.40M	$16.00M	$12.10M	$12.10M	$8.800M	$8.900M	$8.500M
YoY Change	-3.85%	-4.21%	-5.63%	3.73%	32.58%	1.44%	-2.29%	-6.8%	92.47%	-7.0%	-8.54%	16.6%	-3.6%	-4.21%	0.77%	31.47%	11.93%	10.0%	-2.44%	4.46%	-5.99%	-4.02%	8.75%	32.23%	0.0%	37.5%	-1.12%	4.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$42.23M	$50.22M	$19.21M	$11.96M	$16.82M	$23.05M	$22.78M	$39.26M	$39.70M	$14.40M	$16.00M	$11.30M	$18.30M	$18.40M	$18.50M	$0.00
YoY Change	-15.91%	161.41%	60.67%	-28.93%	-27.02%	1.22%	-41.99%	-1.1%	175.69%	-10.0%	41.59%	-38.25%	-0.54%	-0.54%
Total Long-Term Assets
YoY Change
Total Assets	$5.715B	$5.672B	$5.500B	$4.899B	$4.430B	$4.297B	$4.065B	$3.864B	$3.709B	$2.790B	$2.604B	$2.565B	$2.303B	$2.306B	$2.235B	$2.342B	$1.717B	$1.770B	$1.653B	$1.490B	$1.370B	$1.218B	$1.089B	$1.011B	$928.4M	$839.3M	$573.9M	$510.1M	$480.7M
YoY Change
Accounts Payable	$77.72M	$68.80M	$78.48M	$100.6M	$65.75M	$55.62M	$50.00M	$44.48M	$47.40M	$35.60M	$28.80M	$41.30M	$36.20M	$24.30M	$21.70M	$23.80M	$18.40M	$39.70M	$12.80M	$12.00M	$11.30M	$10.60M	$9.900M	$7.000M	$9.000M	$6.200M	$5.400M	$5.200M	$5.100M
YoY Change	12.96%	-12.33%	-22.03%	53.07%	18.21%	11.25%	12.4%	-6.16%	33.15%	23.61%	-30.27%	14.09%	48.97%	11.98%	-8.82%	29.35%	-53.65%	210.16%	6.67%	6.19%	6.6%	7.07%	41.43%	-22.22%	45.16%	14.81%	3.85%	1.96%
Accrued Expenses	$9.978M	$10.72M	$10.98M	$11.85M	$13.06M
YoY Change	-6.9%	-2.4%	-7.29%	-9.3%
Deferred Revenue
YoY Change
Short-Term Debt	$335.7M	$196.5M	$211.6M	$162.4M	$238.0M	$245.9M	$244.6M	$230.6M	$477.9M	$157.8M		$258.7M	$274.2M	$299.6M	$267.8M	$358.7M	$143.2M	$59.70M	$58.40M	$58.20M	$60.90M	$46.00M	$42.00M	$36.10M	$45.10M	$30.80M	$34.00M	$26.70M	$12.60M
YoY Change	70.86%	-7.16%	30.27%	-31.74%	-3.21%	0.5%	6.09%	-51.74%	202.85%			-5.65%	-8.48%	11.87%	-25.34%	150.49%	139.87%	2.23%	0.34%	-4.43%	32.39%	9.52%	16.34%	-19.96%	46.43%	-9.41%	27.34%	111.9%
Long-Term Debt Due								$67.00K		$100.0K
YoY Change
Total Short-Term Liabilities	$423.4M	$79.52M	$89.46M	$112.5M	$78.81M	$55.62M	$50.00M	$44.55M	$525.3M	$193.5M	$28.80M	$300.0M	$310.4M	$323.9M	$289.5M	$382.5M	$161.6M	$99.40M	$71.20M	$70.20M	$72.20M	$56.60M	$51.90M	$43.10M	$54.10M	$37.00M	$39.40M	$31.90M	$17.70M
YoY Change	432.38%	-11.11%	-20.47%	42.74%	41.69%	11.25%	12.23%	-91.52%	171.47%	571.88%	-90.4%	-3.35%	-4.17%	11.88%	-24.31%	136.7%	62.58%	39.61%	1.42%	-2.77%	27.56%	9.06%	20.42%	-20.33%	46.22%	-6.09%	23.51%	80.23%
Long-Term Debt	$48.78M	$48.95M	$49.11M	$64.26M	$60.75M	$60.65M	$59.70M	$59.55M	$94.50M	$75.00M	$474.0M	$45.00M	$45.20M	$45.40M	$45.60M	$43.60M	$46.10M	$36.10M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-0.34%	-0.33%	-23.58%	5.78%	0.16%	1.58%	0.26%	-36.99%	26.0%	-84.18%	953.33%	-0.44%	-0.44%	-0.44%	4.59%	-5.42%	27.7%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$48.78M	$48.95M	$49.11M	$64.26M	$60.75M	$60.65M	$59.70M	$59.55M	$94.50M	$75.00M	$474.0M	$45.00M	$45.20M	$45.40M	$45.60M	$43.60M	$46.10M	$36.10M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-0.34%	-0.33%	-23.58%	5.78%	0.16%	1.58%	0.26%	-36.99%	26.0%	-84.18%	953.33%	-0.44%	-0.44%	-0.44%	4.59%	-5.42%	27.7%
Total Liabilities	$5.219B	$5.221B	$4.959B	$4.369B	$3.956B	$3.862B	$3.662B	$3.473B	$3.346B	$2.545B	$2.373B	$2.331B	$2.084B	$2.100B	$2.045B	$2.175B	$1.597B	$1.663B	$1.524B	$1.364B	$1.251B	$1.100B	$984.3M	$920.0M	$850.7M	$761.5M	$511.3M	$452.3M	$427.0M
YoY Change	-0.02%	5.27%	13.49%	10.45%	2.45%	5.45%	5.45%	3.78%	31.5%	7.25%	1.79%	11.86%	-0.77%	2.7%	-5.99%	36.23%	-3.98%	9.13%	11.75%	9.02%	13.74%	11.71%	6.99%	8.15%	11.71%	48.93%	13.04%	5.93%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	14.56M shares	14.64M shares	14.90M shares	14.99M shares	15.41M shares	15.57M shares	15.51M shares	15.42M shares	12.03M shares	11.18M shares	7.634M shares	7.647M shares	7.672M shares	7.656M
Diluted Shares Outstanding	14.61M shares	14.70M shares	14.97M shares	15.02M shares	15.45M shares	15.63M shares	15.59M shares	15.50M shares	12.07M shares	11.21M shares	7.653M shares	7.661M shares	7.680M shares	7.663M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $687.61 Million

About CAMDEN NATIONAL CORP

Camden National Corp. is a bank holding company, which engages in the provision of financial services to individuals and companies through its subsidiary, Camden National Bank. The company is headquartered in Camden, Maine and currently employs 600 full-time employees. The Bank provides a broad array of banking and other financial services to consumer, institutional, municipal, non-profit, and commercial customers. The Bank optimizes its in-person professional financial guidance with technology, delivered through sophisticated digital channels. These digital products empower customers to bank anywhere at any time, including, but not limited to, online and mobile banking, which includes MortgageTouch, its easy-to-use online platform for consumer borrowers; BusinessTouch, its online loan application system with instant approval, making borrowing faster and easier for small businesses, and TreasuryLink, its secure online platform designed to offer advanced cash management, monitoring capabilities and controls for commercial customers. The Bank offers comprehensive wealth management and trust services, including investment advisory services.

Industry: National Commercial Banks Peers: Atlantic Capital Bancshares, Inc. CENTRAL PACIFIC FINANCIAL CORP CROSSFIRST BANKSHARES, INC. FIRST MID BANCSHARES, INC. FLUSHING FINANCIAL CORP HarborOne Bancorp, Inc. HILLS BANCORPORATION OLD SECOND BANCORP INC PEAPACK GLADSTONE FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC.