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Camden National CorporationCACCompetitor analysis, valuation and peers

United States · USD·Financials›Major Banks
Momentum strong 72
Mkt cap
$980M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$5.01M
20-day average traded
P/B
1.36×
price to book
ROE
12.9%
delivered
Implied ROE
9.5%
what the price asks
Next earnings
88 days
2 Feb 2027
Close · USD$58.02
1D+0.2%
1W+1.2%
1M+2.9%
3M+1.1%
6M+17.7%
YTD+33.8%
1Y+48.0%
ATR %2.9%
Beta0.51
52w lowhigh4.9% off high

What Camden National does

Employees: 683

Camden National at a glance

Size Camden National (CAC) is a United States Financials company (Major Banks) with a market value of $980M, the 2263rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $58.02 on 6 Nov 2026.

Performance Over six months the shares gained 17.7%, against +13.6% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 6.0% over the last twelve months (peer median +10.7%); the operating margin is 42.8% (peer median 28.0%).

Valuation It trades at 1.36× book value against a peer median of 1.27× (10th most expensive of 21).

Price implies The share price implies a return on equity of about 9.5%; Camden National delivers 12.9%, so the price asks less than the business earns today.

Short interest Short interest is 4.5% of the free float (15 Oct 2026).

Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).

Relative performance

10011012011 May 202611 Aug 20266 Nov 2026CAC 121Peer median 114
Six months, rebased to 100: Camden National against the median of its 20 peers (local-currency closes).

Camden National financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$374M$373M$294M$257M$213M
Revenue growth—+27%+14%+21%—
Net income$90.3M$65.2M$53.0M$43.3M$61.3M
Free cash flown/a$59.5M$53.9M$68.1M$99.1M
Capital expendituren/a$5.71M$5.58M$2.62M$2.18M
Total debt$374M$665M$560M$544M$325M

Quarterly statements and history in the cockpit →

Camden National competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%+60%-20%0%R4FMNBTHFF289783628337ALRSAMTB8360NORIONOSBC8346ALBAVAROWCBNK8714AVARDA2836CAC6-month return →1-month return →
Up and to the right = strong over both horizons. Camden National is the large dot.

Fundamentals: return on equity against price-to-book

5%10%15%20%25%20×40×R4FMNBTHFF289783628337ALRSAMTB8360NORIONOSBCALBAVAROWVPBNCBNK8714AVARDACACReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Camden National is the large dot.

Capital: ROE delivered against the ROE the price implies

10%20%30%10%20%30%R4FMNBTHFF289783628337ALRSNORION8346ALBAVLASP8714AVARDA2836CACROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Camden National is the large dot.

Camden National competitors and peer comparison

How Camden National compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Camden National against its 20 peers (data as of 6 Nov 2026)
MeasureCACPeer medianRank in peer set
1-month return+2.9%+1.7%9th highest of 21
6-month return+17.7%+13.6%9th highest of 21
Return on equity12.9%8.7%6th highest of 21
Price / book1.36×1.27×10th most expensive of 21
Trailing P/E10.9×13.4×3rd cheapest of 21
ROE the price implies9.5%8.4%9th most demanding of 20
ROE delivered12.9%8.7%6th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Camden National CACUnited States$980M+18%+6%13%1.36×9.5%12.9%
Renta 4 Banco R4.MCSpain$984M+13%+12%29%4.15×13.9%29.0%
Farmers National Banc FMNBUnited States$914M+9%+26%12%1.28×10.2%11.6%
First Financial THFFUnited States$907M+12%+10%14%1.37×8.6%14.3%
O-Bank 2897.TWTaiwan$889M+4%-7%6%0.68×2.8%5.6%
Fukui Bank 8362.TJapan$872M+57%+16%7%0.86×7.9%7.5%
Chiba Kogyo Bank 8337.TJapan$845M+10%+28%5%1.01×8.4%4.9%
Alerus Financial ALRSUnited States$837M+26%-15%5%1.45×10.7%5.3%
Amerant Bancorp AMTBUnited States$1.15B+26%-8%8%1.38×11.0%7.5%
Yamanashi Chuo Bank 8360.TJapan$1.16B+57%+30%5%0.72×5.7%5.0%
Norion Bank NORION.STSweden$1.18B+33%-2%13%1.23×6.8%12.6%
Old Second Bancorp OSBCUnited States$1.24B+15%+22%13%1.37×10.9%12.8%
Toho Bank 8346.TJapan$1.32B+24%+30%7%0.92×7.2%6.6%
Alandsbanken Abp ALBAV.HEFinland$724M-5%-4%16%2.30×8.3%16.3%
Arrow Financial AROWUnited States$713M+4%+14%9%1.38×10.6%9.4%
Laan & Spar Bank A/S LASP.CODenmark$711M+11%-7%12%1.26×5.2%11.7%
VP Bank VPBN.SWSwitzerland$706M+14%-10%4%0.49×n/a4.3%
Capital Bancorp CBNKUnited States$692M+34%+10%13%1.60×10.0%13.2%
Senshu Ikeda Holdings,Inc 8714.TJapan$1.41B-14%+29%8%0.88×6.0%8.0%
Avarda Bank AVARDA.STSweden$1.47B+42%+22%26%4.29×23.7%26.0%
Bank of Kaohsiung 2836.TWTaiwan$652M-1%-5%5%0.78×3.0%5.3%

Questions

Which companies are Camden National's closest peers?
The cockpit's peer set: Renta 4 Banco (R4.MC), Farmers National Banc (FMNB), First Financial (THFF), O-Bank (2897.TW), Fukui Bank (8362.T), Chiba Kogyo Bank (8337.T), Alerus Financial (ALRS), Amerant Bancorp (AMTB).
Is Camden National expensive compared with its peers?
On price / book it trades at 1.36× against a peer median of 1.27×, 10th most expensive of 21 in its peer set. The share price implies a return on equity of about 9.5%; Camden National delivers 12.9%, so the price asks less than the business earns today.
How has Camden National stock performed?
Over six months to 6 Nov 2026 the shares returned +17.7% against +13.6% for the median peer; over one year +48.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.