secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN NATIONAL CORP (CAC)
CIK:        0000750686
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000750686-26-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden National Q1 net income $21.9M, EPS $1.29; YoY net income triples
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- Net income $21.9M, diluted EPS $1.29 vs $0.43 YoY; adjusted EPS $1.29 non-GAAP (up 39% YoY).
- Asset quality strong: past-due loans 0.06%, annualized net charge-offs 0.04%; ACL 0.92% of loans.
- Deposits grew 1% linked-quarter to $5.6B, reducing short-term borrowings by $68.3M; loan-to-deposit 89%.
- Capital ratios solid: CET1 12.01%, Tier1 leverage 9.43%; quarterly dividend $0.42 payable April 30.
- GAAP efficiency ratio 55.50% (53.21% non-GAAP); net interest margin 3.24%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750686/000075068626000020/0000750686-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750686/000075068626000020/cac-20260428.htm
  HTML page:      https://secwatch.observer/filing/0000750686-26-000020

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