Camden National Corporation

DB:3LR Stock Report

Market Cap: €601.4m

Camden National Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Simon Griffiths

Chief executive officer

US$1.5m

Total compensation

CEO salary percentage4.2%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure1.5yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Simon Griffiths's remuneration changed compared to Camden National's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$47m

Jun 30 2024n/an/a

US$44m

Mar 31 2024n/an/a

US$44m

Dec 31 2023US$1mUS$63k

US$43m

Compensation vs Market: Simon's total compensation ($USD1.50M) is about average for companies of similar size in the German market ($USD1.47M).

Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.


CEO

Simon Griffiths (51 yo)

less than a year

Tenure

US$1,497,100

Compensation

Mr. Simon R. Griffiths serves as CEO, President & Director at Camden National Bank and Camden National Corporation since January 01, 2024. He was Executive Vice President and Chief Operating Officer of Cam...


Leadership Team

NamePositionTenureCompensationOwnership
Simon Griffiths
CEO, President & Directorless than a yearUS$1.50m0.12%
€ 736.4k
Michael Archer
Executive VP & CFO3yrsUS$539.92k0.099%
€ 597.7k
William Martel
Executive VP of Technology & Support Services and CTO4.8yrsUS$599.81k0.12%
€ 692.0k
Patricia Rose
Executive Vice President of Retail & Mortgage Banking7.3yrsUS$582.81k0.17%
€ 995.0k
Craig Denekas
Secretary & Independent Directorno dataUS$86.51k0.091%
€ 546.9k
Renée Smyth
Executive VP and Chief Experience & Marketing Officer7.7yrsno data0.17%
€ 1.1m
Andrew Forbes
Executive VP & Chief Human Resources Officerless than a yearno data0.014%
€ 87.1k
Timothy Nightingale
Executive VP & Chief Credit Officerno dataUS$594.88k0.42%
€ 2.5m
Carolyn Carson-Crosby
Senior Vice President of Employee Relations and Engagement Managerno datano datano data
Ryan Smith
Chief Credit Officer & Executive VP1.1yrsno data0.14%
€ 818.8k
David Ackley
Executive VP & Chief Risk Officer1.5yrsno data0.061%
€ 365.2k
Barbara Raths
Executive Vice President of Commercial Bankingless than a yearno data0.036%
€ 219.1k

1.5yrs

Average Tenure

53yo

Average Age

Experienced Management: 3LR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Simon Griffiths
CEO, President & Directorless than a yearUS$1.50m0.12%
€ 736.4k
Craig Denekas
Secretary & Independent Director8yrsUS$86.51k0.091%
€ 546.9k
Robin Sawyer
Independent Director6.8yrsUS$105.07k0.066%
€ 395.3k
James Page
Independent Director16.9yrsUS$89.83k0.062%
€ 374.9k
Sara Longley
Independent Director10.8yrsUS$91.08k0.080%
€ 481.5k
Robert Merrill
Independent Director2.1yrsUS$75.67k0.069%
€ 417.3k
Lawrence Sterrs
Independent Chairman of the Board10yrsUS$170.90k0.089%
€ 536.3k
Carl Soderberg
Independent Director9.3yrsUS$96.73k0.65%
€ 3.9m
Marie McCarthy
Independent Director6.5yrsUS$93.86k0.089%
€ 537.8k
Rebecca Hatfield
Independent Director2.1yrsUS$74.28k0.036%
€ 217.2k

7.4yrs

Average Tenure

60yo

Average Age

Experienced Board: 3LR's board of directors are considered experienced (7.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/01 01:42
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Camden National Corporation is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob CivielloJanney Montgomery Scott LLC
Damon DelMonteKeefe, Bruyette, & Woods
Matthew BreesePiper Sandler Companies