Camden National Corp - Company Profile
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Camden National Corp (Camden National) is a diversified bank holding company. The company's primary activities include banking services through Camden National Bank and wealth management services through Camden National Wealth Management. Its major services encompass online and mobile banking, lending, investment management, and trust services. Notable brands associated with the company include MortgageTouch, BusinessTouch, and TreasuryLink, which are digital platforms for consumer borrowers, small businesses, and commercial customers respectively. Camden National serves a wide range of customers, including individuals, families, businesses, and non-profit organizations across various industries. The company operates through a network of banking centers, automated teller machines (ATMs), and lending offices. Its geographic locations span across Maine, Massachusetts, and New Hampshire, targeting markets in Northern New England. Camden National is headquartered in Camden, Maine, the US.
Headquarters
United States of America
Address
2 Elm Street, Camden, Maine, 04843
Website
www.CamdenNational.bank
Telephone
1 207 2368821
No of Employees
586
Industry
Financial Services
Ticker Symbol & Exchange
CAC (NASD)
Revenue (2024)
$294.1M
14.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
22.2%
(2024 vs 2023)
Market Cap*
$996.3M
Net Profit Margin (2024)
XYZ
6.9%
(2024 vs 2023)
* As of and is in US$
Camden National Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Online and Mobile Banking |
| Checking | Treasury Services |
| Savings | Cash Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In January, the company acquired Northway Financial, Inc. and its bank subsidiary, Northway Bank. |
| 2023 | Others | In February, Camden National Bank was awarded Above and Beyond Award by the Employer Support of the Guard and Reserve (ESGR). |
| 2021 | Corporate Awards | In October, Camden National Bank was named Greenwich Customer Experience (CX) Leader 2021 by Coalition Greenwich. |
Competitor Comparison
| Key Parameters | Camden National Corp | First BanCorp. | Bar Harbor Bankshares | Bangor Bancorp MHC | Gorham Bancorp Mhc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Camden | San Juan | Bar Harbor | - | Gorham |
| State/Province | Maine | Puerto Rico | Maine | - | - |
| No. of Employees | 586 | 3,113 | 458 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lawrence J. Sterrs | Chairman | Executive Board | 2017 | 71 |
| Simon R. Griffiths | Chief Executive Officer; President; Director | Executive Board | 2024 | 51 |
| Michael R. Archer | Executive Vice President; Chief Financial Officer | Senior Management | 2022 | 40 |
| Renee D. Smyth | Chief Marketing Officer; Chief Experience Officer; Executive Vice President | Senior Management | 2017 | 53 |
| David J. Ackley | Chief Risk Officer; Executive Vice President | Senior Management | 2023 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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