---
schema_version: "secwatch.filing_event.v1"
accession: "0000750686-23-000246"
form_type: "8-K"
ticker: "CAC"
cik: "0000750686"
company_name: "CAMDEN NATIONAL CORP"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:39:36.556503+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Camden Nat'l Q2 net income $12.4M, EPS $0.85; NIM down 14bp to 2.40%

## Summary
- Diluted EPS $0.85 vs $0.87 in Q1; net income down 3% sequentially to $12.4M.
- Net interest margin compressed 14bp to 2.40% as funding costs rose 36bp.
- Loans and deposits each grew 1% QoQ; NPA ratio remained 0.09% of assets.
- Declared $0.42/share dividend (5.42% annualized yield), payable July 31.
- Repurchased 65,692 shares at avg $33.36; used $135M from BTFP at 4.70%.

## SEC filing metadata
- accession: 0000750686-23-000246
- form_type: 8-K
- ticker: CAC
- cik: 0000750686
- company_name: CAMDEN NATIONAL CORP
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750686/000075068623000246/0000750686-23-000246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750686/000075068623000246/cac-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750686-23-000246
- JSON: https://secwatch.observer/filing/0000750686-23-000246.json
- Plain text: https://secwatch.observer/filing/0000750686-23-000246.txt

## Key facts
- Earnings Releases
  CAMDEN NATIONAL CORP reported second quarter of 2023 results: net income $12.4 million, EPS $0.85.
  - Period: second quarter of 2023
  - Net income: $12.4 million
  - EPS: $0.85
  - Result: reported results
  source text: CAMDEN, Maine, July 25, 2023/PRNewswire/--Camden National Corporation (NASDAQ: CAC; “Camden National” or the “Company ”), a $5.8 billion bank holding company headquartered in Camden, Maine, reported net income of $12.4 million and diluted earnings per share of ("EPS") of $0.85 for the second quarter of 2023, decreases of 3% and 2%, respectively, compared to the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750686/000075068623000246/0000750686-23-000246-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.