---
schema_version: "secwatch.filing_event.v1"
accession: "0000750686-24-000006"
form_type: "8-K"
ticker: "CAC"
cik: "0000750686"
company_name: "CAMDEN NATIONAL CORP"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:26:20.040084+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Camden National Q4 net income $8.5M, EPS $0.58, down 13% QoQ; capital ratios improve

## Summary
- Net income $8.5M ($0.58 diluted EPS) down 13% from Q3; adjusted pre-tax pre-provision income $15.8M, down 6%.
- Net interest income $32.7M, up $125k QoQ; NIM 2.40% (+1 bp); pre-tax investment losses $5.0M from $70.4M securities sale.
- Loans $4.1B (+1% QoQ); deposits $4.6B (-2%); loan-to-deposit ratio 89%; borrowings $529.9M (+3%).
- Capital ratios strengthened: common equity 8.66%, tangible common equity 7.11%; asset quality strong with NPLs 0.18%.
- New CEO Simon Griffiths effective Jan 1, 2024; quarterly dividend $0.42/share declared; new share repurchase program for 750k shares.

## SEC filing metadata
- accession: 0000750686-24-000006
- form_type: 8-K
- ticker: CAC
- cik: 0000750686
- company_name: CAMDEN NATIONAL CORP
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750686/000075068624000006/0000750686-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750686/000075068624000006/cac-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750686-24-000006
- JSON: https://secwatch.observer/filing/0000750686-24-000006.json
- Plain text: https://secwatch.observer/filing/0000750686-24-000006.txt

## Key facts
- Earnings Releases
  CAMDEN NATIONAL CORP reported fourth quarter of 2023 results: net income $8.5 million, EPS $0.58.
  - Period: fourth quarter of 2023
  - Net income: $8.5 million
  - EPS: $0.58
  - Result: reported results
  source text: Camden National Corporation (the "Company") issued a press release on January 30, 2024 announcing earnings for the fiscal quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750686/000075068624000006/0000750686-24-000006-index.htm

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