Camden National Corporation (CAC) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Camden National Corporation (CAC) Financial Services Profile

Camden National Corporation, a regional bank holding company, provides comprehensive financial services to diverse customer segments across Maine and New England. With a focus on community banking, wealth management, and digital accessibility, CAC distinguishes itself through personalized service and a strong regional presence, reflected in a dividend yield of 3.41%.

What Is the Investment Thesis for CAC?

Camden National Corporation presents a stable investment opportunity within the regional banking sector, supported by a market capitalization of $918M and a P/E ratio of 10.4. The company's dividend yield of 3.41% offers an attractive income stream for investors. Future growth will likely be driven by expansion of digital banking services and strategic wealth management initiatives. However, investors should monitor the impact of interest rate fluctuations and regional economic conditions on the bank's profitability and loan portfolio. A key factor in CAC's success will be its ability to maintain strong customer relationships and adapt to evolving financial technologies.

Based on FMP financials and quantitative analysis

CAC Key Highlights

• Market Cap of $918M indicates a solid regional banking presence.
• P/E Ratio of 10.4 suggests a potentially undervalued stock compared to industry peers.
• Profit Margin of 22.3% reflects efficient operations and profitability.
• Gross Margin of 65.4% demonstrates strong revenue management.
• Dividend Yield of 3.41% provides an attractive income stream for investors.

Who Are CAC's Competitors?

CAC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are CAC's Key Strengths?

• Strong regional brand and customer loyalty.
• Diversified product and service offerings.
• Experienced management team.
• Solid financial performance.

What Are CAC's Weaknesses?

• Limited geographic reach compared to larger banks.
• Reliance on traditional banking model.
• Exposure to regional economic conditions.
• Smaller scale limits investment in technology.

What Could Drive CAC Stock Higher?

• Launch of new digital banking platform in Q3 2026, expected to drive customer acquisition and engagement.
• Expansion of wealth management services targeting high-net-worth individuals in Maine and New England.
• Strategic investments in cybersecurity and risk management to protect against cyber threats and regulatory scrutiny.
• Focus on commercial lending to businesses in high-growth sectors such as technology and healthcare.

What Are the Key Risks for CAC?

• Financial-distress signal — its Altman Z-Score of 0.22 sits in the distress zone (elevated bankruptcy risk).
• Interest rate hikes by the Federal Reserve could negatively impact net interest margin and loan demand.
• Economic slowdown in Maine and New England could lead to increased loan defaults and reduced profitability.
• Competition from larger national banks and fintech companies could erode market share.
• Regulatory changes and compliance costs could increase operating expenses.
• Cybersecurity breaches could damage the bank's reputation and result in financial losses.

What Are the Growth Opportunities for CAC?

• Expansion of Digital Banking Platform: Camden National Corporation can capitalize on the growing demand for digital banking services by enhancing its online and mobile platforms. Investing in user-friendly interfaces and advanced features can attract new customers and improve customer retention. The market for digital banking is projected to reach $9.0 trillion by 2027, offering substantial growth potential.
• Strategic Wealth Management Initiatives: The company can expand its wealth management services to capture a larger share of the high-net-worth market in Maine and New England. Offering personalized financial planning, investment management, and trust services can generate recurring revenue and enhance customer loyalty. The wealth management market is expected to grow at a rate of 7% annually, providing a favorable environment for expansion.
• Targeted Commercial Lending in Growth Sectors: Camden National Corporation can focus on providing commercial loans to businesses in high-growth sectors such as technology, healthcare, and renewable energy. By specializing in these industries, the bank can develop expertise and attract quality borrowers. The commercial lending market is projected to reach $3.5 trillion by 2028, offering significant opportunities for growth.
• Acquisition of Smaller Community Banks: The company can pursue strategic acquisitions of smaller community banks in adjacent markets to expand its geographic footprint and customer base. Integrating these acquisitions can create synergies and improve operational efficiency. The consolidation trend in the community banking sector is expected to continue, providing opportunities for well-capitalized institutions like Camden National Corporation.
• Enhanced Cybersecurity and Risk Management: Investing in advanced cybersecurity measures and risk management systems can protect the bank from cyber threats and regulatory scrutiny. Demonstrating a commitment to security can enhance customer trust and attract new business. The cybersecurity market is projected to reach $300 billion by 2027, highlighting the importance of these investments.

What Opportunities Does CAC Have?

• Expansion of digital banking services.
• Growth in wealth management business.
• Strategic acquisitions of smaller banks.
• Increased demand for community banking.

What Threats Does CAC Face?

• Competition from larger national banks and fintech companies.
• Interest rate fluctuations.
• Regulatory changes.
• Cybersecurity threats.

What Are CAC's Competitive Advantages?

• Strong regional presence and brand recognition in Maine and New England.
• Long-standing customer relationships and community ties.
• Diversified product and service offerings.
• Experienced management team and dedicated employees.

What Does CAC Do?

Founded in 1875 and headquartered in Camden, Maine, Camden National Corporation operates as the bank holding company for Camden National Bank. The bank provides a comprehensive suite of commercial and consumer banking products and services tailored to consumer, institutional, municipal, non-profit, and commercial clients. Its core offerings include checking, savings, time deposits, and brokered deposits, alongside participation in the certificate of deposit account registry system. Camden National Corporation extends credit through non-owner-occupied commercial real estate loans, owner-occupied commercial real estate loans, and unsecured commercial loans fully guaranteed by the U.S. Small Business Administration. The bank also provides loans secured by one-to four-family properties, consumer loans, and home equity loans. Beyond traditional banking, Camden National Corporation offers brokerage and insurance services through financial planning solutions encompassing college, retirement, and estate planning. Investment options include mutual funds, strategic asset management accounts, and variable and fixed annuities. The company also delivers fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, Camden National Corporation operated 57 branches within Maine, a residential mortgage lending office in Braintree, Massachusetts, and two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester. The company also provides an online residential mortgage and small commercial digital loan platform, supported by a network of 66 ATMs.

What Products and Services Does CAC Offer?

• Provides commercial and consumer banking products and services.
• Offers checking, savings, and time deposit accounts.
• Provides commercial real estate loans and SBA-backed loans.
• Offers residential mortgage and home equity loans.
• Provides brokerage and insurance services.
• Offers wealth management and investment management services.
• Provides fiduciary and trustee services.
• Operates a network of branches and ATMs throughout Maine and New Hampshire.

How Does CAC Make Money?

• Generates revenue from interest income on loans.
• Earns fees from deposit accounts and wealth management services.
• Provides brokerage and insurance services for commission income.
• Manages assets for individuals and institutions for a fee.

What Industry Does CAC Operate In?

Camden National Corporation operates within the regional banking sector, characterized by increasing competition from larger national banks and fintech companies. The industry is undergoing digital transformation, with customers demanding more convenient online and mobile banking solutions. Regulatory compliance and cybersecurity are also critical concerns. Camden National Corporation's focus on community banking and wealth management positions it to serve a specific niche within this evolving landscape, emphasizing personalized service and local market expertise.

Who Are CAC's Key Customers?

• Consumers seeking personal banking services.
• Small businesses requiring commercial loans and banking solutions.
• Institutional clients needing wealth management and investment services.
• Municipalities and non-profit organizations requiring banking services.

F-Score 7/9Financial Health

Camden National Corporation's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.22 places it in the distress zone, a signal of elevated financial risk.

Camden National Corporation (CAC) Valuation Context

Relative to its peer group, CAC's quantitative score of 90/100 is roughly in line with the peer average of 95/100.

Company Profile

Camden National Corporation operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Camden, US. The company is led by CEO Simon R. Griffiths. CAC has traded publicly since 1997.

FY2026 estForward Outlook

Wall Street analysts project Camden National Corporation revenue of about $270.4M for fiscal 2026, with EPS near $5.35.

CAC Financials

CAC Latest News

CAC Analyst Consensus

CAC MoonshotScore

What Investors Ask About Camden National Corporation (CAC) — Financial Services

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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