CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported third-quarter earnings of $21.2 million.
The bank, based in Camden, Maine, said it had earnings of $1.25 per share. Earnings, adjusted for one-time gains and costs, came to $1.24 per share.
The bank posted revenue of $95 million in the period. Its revenue net of interest expense was $65.4 million, which beat Street forecasts.
Camden National shares have decreased 13% since the beginning of the year. The stock has dropped 7.5% in the last 12 months.
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