Camden National presents strong financial trends: NIM up 27 bps YoY, ROTCE 15.9% in 2023 YTD

CAMDEN NATIONAL CORP

Total assets grew 7% YoY to $5.7B as of 2023 YTD, driven by organic and acquisition growth.
Net interest margin expanded 27 bps YoY to 2.97% in Q2 2023, with efficiency ratio improving to 59.4%.
Diluted EPS of $4.21 for 2022; 2023 YTD EPS trending above prior year with strong loan and deposit growth.
Credit quality remains robust: NPAs/Assets at 0.37% and net charge-offs near zero in Q2 2023.
15-year stock price appreciation of 68% and average dividend yield of 3.09% highlighted.

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