CAMDEN NATIONAL CORP
For the period ended May 6, 2025. Filed May 6, 2025.
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May 6, 2025 · Filed May 6, 2025
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CAC$58.02+0.2%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Selected Financial Data
Selected Financial Data
| At or For TheThree Months Ended | |||
|---|---|---|---|
| (In thousands, except number of shares and per share data) | March 31,2025 | December 31,2024 | March 31,2024 |
| Financial Condition Data | |||
| Loans | $4,885,086 | $4,115,259 | $4,121,040 |
| Total assets | 6,964,785 | 5,805,138 | 5,794,785 |
| Deposits | 5,597,478 | 4,633,167 | 4,551,524 |
| Shareholders' equity | 640,054 | 531,231 | 501,577 |
| Operating Data and Per Share Data | |||
| Net income | $7,326 | $14,666 | $13,272 |
| Adjusted net income (non-GAAP)(1) | 16,047 | 15,086 | 12,553 |
| Pre-tax, pre-provision income (non-GAAP)(1) | 15,603 | 19,211 | 14,233 |
| Adjusted pre-tax, pre-provision income (non-GAAP)(1) | 23,128 | 19,643 | 14,233 |
| Diluted EPS | 0.43 | 1.00 | 0.91 |
| Adjusted diluted EPS (non-GAAP)(1) | 0.95 | 1.03 | 0.86 |
| Profitability Ratios | |||
| Return on average assets | 0.43% | 1.01% | 0.93% |
| Adjusted return on average assets (non-GAAP)(1) | 0.94% | 1.04% | 0.88% |
| Return on average equity | 4.75% | 10.99% | 10.77% |
| Adjusted return on average equity (non-GAAP)(1) | 10.40% | 11.30% | 10.19% |
| Return on average tangible equity (non-GAAP)(1) | 8.09% | 13.50% | 13.46% |
| Adjusted return on average tangible equity (non-GAAP)(1) | 16.40% | 13.88% | 12.74% |
| GAAP efficiency ratio | 74.02% | 59.62% | 65.78% |
| Efficiency ratio (non-GAAP)(1) | 58.72% | 58.22% | 65.21% |
| Net interest margin (fully-taxable equivalent) | 3.04% | 2.57% | 2.30% |
| Core net interest margin (fully-taxable equivalent) (non-GAAP)(1) | 2.68% | 2.57% | 2.30% |
| Asset Quality Ratios | |||
| ACL on loans to total loans | 0.96% | 0.87% | 0.86% |
| Non-performing loans to total loans | 0.15% | 0.12% | 0.14% |
| Loans 30-89 days past due to total loans | 0.07% | 0.05% | 0.05% |
| Annualized net charge-offs to average loans | 0.08% | 0.04% | 0.02% |
| Capital Ratios | |||
| Common equity ratio | 9.19% | 9.15% | 8.66% |
| Tangible common equity ratio (non-GAAP)(1) | 6.49% | 7.64% | 7.12% |
| Tier 1 leverage capital ratio | 8.58% | 9.90% | 9.59% |
| Total risk-based capital ratio | 13.13% | 15.11% | 14.52% |
(1) This is a non-GAAP measure, please see "Reconciliation of non-GAAP to GAAP Financial Measures (unaudited).”
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