Camden National Q4 2019 Earnings Report
Key Takeaways
Camden National Corporation reported a net income of $15.2 million and diluted EPS of $0.99 for Q4 2019, representing an increase of 9% and 11% respectively, compared to Q4 2018. The company's record net income for 2019 reached $57.2 million, with a diluted EPS of $3.69.
Net income for the fourth quarter of 2019 increased 9% over the fourth quarter of 2018, and 5% on a linked-quarter basis.
Diluted EPS for the fourth quarter of 2019 increased 11% over the same period last year and 5% on a linked-quarter basis.
Return on average assets for the fourth quarter of 2019 was 1.35%, and return on average equity was 12.77%.
Loans and deposits decreased 1% and 2%, respectively, in the fourth quarter of 2019.
Camden National
Camden National
Camden National Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income