secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN NATIONAL CORP (CAC)
CIK:        0000750686
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000750686-25-000297
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden National reports record Q3 net income $21.2M, diluted EPS $1.25, up 51% QoQ
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- Record net income $21.2M, diluted EPS $1.25, both up 51% vs Q2 2025; non-GAAP pre-tax pre-provision income $29.5M (+19%).
- Net interest margin expanded 10 bps to 3.16%; GAAP efficiency ratio improved to 54.94% from 60.37%.
- Loans grew 4% annualized; deposits ex-brokered up 2% seasonally; loan-to-deposit ratio 93%.
- Charged-off $10.7M on a syndicated telecommunication loan; ACL on loans 0.91% (down from 1.08%).
- Book value per share $39.97 (+4%); tangible book value $28.42 (+6%); dividend $0.42/share payable Oct 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750686/000075068625000297/0000750686-25-000297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750686/000075068625000297/cac-20251028.htm
  HTML page:      https://secwatch.observer/filing/0000750686-25-000297

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