William H. Martel
On May 6, 2026, William H. Martel, Executive Vice President and Chief Technology Officer of Camden National Corporation (the "Company"), provided notice of his intention to retire from his position, effective July 31, 2026.
Highest-materiality recent filing
Camden National presents investor deck with Q1 2026 financials and strategic update
Assets $7.0B, loans $5.0B, deposits $5.6B as of March 31, 2026; market cap $858M.
Camden National Q1 net income $21.9M, EPS $1.29; YoY net income triples
Net income $21.9M, diluted EPS $1.29 vs $0.43 YoY; adjusted EPS $1.29 non-GAAP (up 39% YoY).
Camden National Q4 2025 record net income $22.6M, diluted EPS $1.33, both up 6% QoQ
Full-year 2025 net income $65.2M, diluted EPS $3.84 (up 23% and 6% YoY); adjusted net income $74.4M, adj. EPS $4.39.
Camden National authorizes repurchase of up to 850,000 shares (~5% of outstanding)
Board authorized buyback of up to 850,000 shares (~5% of shares outstanding as of Dec 31, 2025).
Camden National reports record Q3 net income $21.2M, diluted EPS $1.25, up 51% QoQ
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%).
Camden National Q2 net income $14.1M, EPS $0.83, up ~93% sequentially; NIM expands
Net income $14.1M, diluted EPS $0.83, up 92% and 93% from Q1 2025.
Camden National Q1: adjusted net income $16M, core NIM 2.68%, Northway acquisition complete
Adjusted net income $16.0M, up 6% from Q4 2024; GAAP net income $7.3M ($0.43 EPS) impacted by merger costs.
Q4 2024 net income $14.7 million, diluted EPS $1.00 (11% QoQ); core diluted EPS $1.03 (non-GAAP).
Camden National completes $96.5M all-stock merger with Northway Financial
Each Northway share converted into 0.83 Camden National shares; ~2.3M shares issued as consideration.
Camden National gets regulatory OK for Northway merger; close expected Jan 2
All necessary regulatory approvals received for merger with Northway Financial.
Camden National Q3 net income $13.1M ($0.90 EPS), NIM expands 10 bps
Net income $13.1M, diluted EPS $0.90, up 9% and 11% sequentially vs Q2 2024.
Camden National to acquire Northway Financial in ~$86.6M all-stock merger
0.83 shares of Camden per Northway share; valued at $31.46/share based on $37.90 Sept 9 close.
Camden National to acquire Northway Financial in 0.83-for-1 stock merger
Northway shareholders to receive 0.83 Camden shares per share; termination fee of $3.19M payable by Northway under certain conditions.
Camden National Q1 2024 net income $13.3M ($0.91 EPS); adjusted EPS $0.86 up 1% QoQ
Net income $13.3M vs Q4 2023 $8.5M (+57%); adjusted net income $12.6M (+1% QoQ).
Camden National Q4 net income $8.5M, EPS $0.58, down 13% QoQ; capital ratios improve
Net income $8.5M ($0.58 diluted EPS) down 13% from Q3; adjusted pre-tax pre-provision income $15.8M, down 6%.
Chief Credit Officer Timothy Nightingale retires; Ryan Smith succeeds as CCO
Timothy Nightingale, age 66, retired as Chief Credit Officer Dec 12, 2023 for personal health reasons after 23 years at Camden National.
Camden National Q3 net income $9.8M (-21% QoQ); adjusted EPS $0.96 (+13%); CEO succession announced
GAAP diluted EPS $0.67 on net income of $9.8M; adjusted diluted EPS (non-GAAP) $0.96 on adjusted net income $14.0M.
Camden National appoints Simon Griffiths as CEO successor to Greg Dufour effective Jan 1, 2024
Simon Griffiths, age 50, joins as EVP & COO on Nov 20, 2023, becomes President & CEO on Jan 1, 2024.
Camden National presents strong financial trends: NIM up 27 bps YoY, ROTCE 15.9% in 2023 YTD
Total assets grew 7% YoY to $5.7B as of 2023 YTD, driven by organic and acquisition growth.
Camden Nat'l Q2 net income $12.4M, EPS $0.85; NIM down 14bp to 2.40%
Diluted EPS $0.85 vs $0.87 in Q1; net income down 3% sequentially to $12.4M.
On May 6, 2026, William H. Martel, Executive Vice President and Chief Technology Officer of Camden National Corporation (the "Company"), provided notice of his intention to retire from his position, effective July 31, 2026.
On February 25, 2025, the Board of Directors of Camden National Corporation (the “Company”) increased the size of the Company’s Board of Directors (the “Board”) to 12 members and elected Ms. Raina Maxwell to fill the vacancy created upon the increase in the size of the Board, in each case, effective February 25, 2025.
On January 1, 2025, the Company's Board of Directors (the “ Board ”) increased the size of the Board by one seat and appointed Larry K. Haynes to the Board, effective upon completion of the Merger.
On March 6, 2024, David C. Flanagan notified the Board of Directors of the Company (the “Board”) that he will retire from the Board and from the Board of Directors of Camden National Bank, effective May 1, 2024.
Ryan Smith, Executive Vice President of Commercial Banking, assumed the responsibilities of Chief Credit Officer, effective as of the Separation Date.
Timothy P. Nightingale, a named executive officer of Camden National Corporation (the “Company”), ceased serving as Chief Credit Officer on December 12, 2023 and his employment ended on December 12, 2023 (the “Separation Date”).
Effective January 1, 2024, the Company’s Board of Directors (the “Board”) has appointed Mr. Griffiths as President and Chief Executive Officer and as a member of the Board.
On August 21, 2023, the Company also announced that, as part of this leadership transition, Mr. Dufour will depart from his position as President and Chief Executive Officer and as a member of the Board and Bank Board, effective December 31, 2023 (the “Transition Date”).
On August 21, 2023, Camden National Corporation (the “Company”) announced that Simon Griffiths will join the Company as Executive Vice President & Chief Operating Officer on or around November 20, 2023 (the “Employment Date”).
In accordance with the mandatory retirement policy of Camden National Corporation (the “Company”), Ann W. Bresnahan will retire from the Board of Directors of the Company (the “Board”) and the Board of Directors of Camden National Bank, effective May 5, 2023.
On December 20, 2022, the Board of Directors of Camden National Corporation (the "Company") increased the size of the Company’s Board of Directors to 12 members and elected Mr. Robert Merrill to fill the vacancy created upon the increase in the size of the Company’s Board of Directors, effective December 31, 2022.
elected Ms. Rebecca Hatfield to fill the vacancy created upon the increase in the size of the Company’s Board of Directors, in each case, effective December 31, 2022.
Max materiality 0.90 · Median 0.50 · Most common event earnings