Camden National files Northway 2024 audited results, pro forma EPS $3.09 vs $3.62 standalone

CAMDEN NATIONAL CORP

Northway's audited 2024 net income $3.855M; total assets $1.19B at Dec 31, 2024.
Pro forma combined net income $52.1M vs Camden standalone $53.0M; diluted EPS $3.09 vs $3.62.
Purchase consideration: $96.5M (2.28M shares at $42.25); goodwill $55.6M, core deposit intangible $34.1M.
Pro forma total assets $7.01B, net loans $4.85B, deposits $5.60B.

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