CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported third-quarter profit of $13.1 million.
The Camden, Maine-based bank said it had earnings of 90 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 94 cents per share.
The bank posted revenue of $75.1 million in the period. Its revenue net of interest expense was $45 million, which beat Street forecasts.
Camden National shares have risen 10% since the beginning of the year. The stock has increased 47% in the last 12 months.
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