Camden National (NASDAQ:CAC) issued its earnings results on Monday. The financial services provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.29, Fidelity Earnings reports. Camden National had a return on equity of 11.37% and a net margin of 27.17%.
Shares of Camden National stock opened at $37.11 on Thursday. The stock has a fifty day simple moving average of $36.99 and a 200 day simple moving average of $34.02. Camden National has a 12-month low of $25.74 and a 12-month high of $48.48. The company has a market capitalization of $553.57 million, a P/E ratio of 9.98 and a beta of 1.00. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.16.
The business also recently declared a quarterly dividend, which will be paid on Friday, January 29th. Investors of record on Friday, January 15th will be issued a dividend of $0.33 per share. The ex-dividend date is Thursday, January 14th. This represents a $1.32 annualized dividend and a yield of 3.56%. Camden National’s dividend payout ratio (DPR) is currently 35.77%.
About Camden National
Camden National Corporation operates as the holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. It offers various deposit products, including demand, checking, saving, and money market accounts; and time deposits, as well as certificates of deposit.
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