CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported first-quarter net income of $7.3 million.
The bank, based in Camden, Maine, said it had earnings of 43 cents per share. Earnings, adjusted for one-time gains and costs, came to 95 cents per share.
The bank posted revenue of $89.6 million in the period. Its revenue net of interest expense was $60.1 million, topping Street forecasts.
Camden National shares have decreased slightly more than 7% since the beginning of the year. The stock has climbed 24% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAC at https://www.zacks.com/ap/CAC
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