Camden National Management
Management criteria checks 3/4
Camden National's CEO is Simon Griffiths, appointed in Jan 2024, has a tenure of 2.42 years. total yearly compensation is $2.32M, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $2.14M. The average tenure of the management team and the board of directors is 2.7 years and 7.9 years respectively.
Key information
Simon Griffiths
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 36.95% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.7yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
Narrative Update • May 14
CAC: Completed Buybacks And Tighter Margins Will Guide Future Return Profile
Analysts raised their price target on Camden National by $1 to $52.75, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and forward P/E multiples. What's in the News From January 7, 2026 to March 31, 2026, Camden National repurchased 33,131 shares, about 0.2% of its stock, for a total of US$1.49 million under its existing buyback program, which is now completed (Key Developments).Narrative Update • Apr 26
CAC: Steady Return Assumptions And Minor Model Tweaks Will Shape Outlook
Analysts now hold their price target for Camden National at $51.75, with the unchanged figure reflecting steady assumptions on fair value and profitability, even as they refine inputs such as the discount rate and forward P/E in their models. Valuation Changes Fair Value: Model fair value estimate held steady at $51.75, with no change in the implied target level.Narrative Update • Apr 12
CAC: Steady Assumptions And Modest Tweaks Will Support A Balanced Outlook
Analysts have kept their $51.75 price target for Camden National unchanged, reflecting only minor adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E that do not materially alter their view of fair value. Valuation Changes Fair Value: $51.75 remains unchanged, indicating no revision to the headline valuation figure.Narrative Update • Mar 28
CAC: Share Repurchases And Steady Assumptions Will Support A Positive Outlook
Analysts have maintained their $51.75 price target on Camden National, citing only marginal adjustments to discount rate, revenue growth, profit margin, and future P/E assumptions as they refine their models without changing the overall valuation view. What's in the News Camden National Corporation announced a share repurchase program, with authorization to buy back up to 850,000 shares, scheduled to terminate on January 5, 2025 (Key Developments).Narrative Update • Mar 13
CAC: Share Repurchases And Steady Assumptions Will Support A Positive Outlook
Analysts have maintained their $51.75 price target for Camden National, pointing to largely unchanged assumptions around fair value, growth, margins, and future P/E, while making only minor tweaks to the discount rate and long term valuation inputs. What's in the News Camden National Corporation announced a share repurchase program that allows the company to buy back up to 850,000 shares, with the program set to terminate on January 5, 2025 (Key Developments).Narrative Update • Feb 27
CAC: Share Repurchases And Refined Assumptions Will Support A Balanced Outlook
Analysts have adjusted their price target on Camden National to $51.75 from $51.33, reflecting updated views on fair value, discount rate, profit margin, and future P/E assumptions. What's in the News Camden National Corporation announced a share repurchase program covering up to 850,000 shares, with the program scheduled to terminate on January 5, 2025 (Key Developments).Narrative Update • Feb 12
CAC: Share Repurchases And Updated Assumptions Will Shape A Steady Outlook
Analysts have raised their price target for Camden National from about $48 to approximately $51, citing updated assumptions regarding fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Camden National Corporation announced a share repurchase program that allows the company to buy back up to 850,000 shares, with the program set to terminate on January 5, 2025 (Key Developments).Narrative Update • Jan 29
CAC: Share Repurchases And Updated Assumptions Will Support A Balanced Outlook
Analysts have increased their fair value estimate for Camden National from US$45.50 to US$48.00, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. What's in the News Camden National Corporation announced a share repurchase program that allows the company to buy back up to 850,000 shares, with the program set to terminate on January 5, 2025 (Key Developments).Analysis Article • Jan 03
Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42
The board of Camden National Corporation ( NASDAQ:CAC ) has announced that it will pay a dividend of $0.42 per share on...Analysis Article • Dec 20
Camden National (NASDAQ:CAC) Has Announced A Dividend Of $0.42
The board of Camden National Corporation ( NASDAQ:CAC ) has announced that it will pay a dividend on the 30th of...Analysis Article • Oct 04
Camden National's (NASDAQ:CAC) Dividend Will Be $0.42
Camden National Corporation's ( NASDAQ:CAC ) investors are due to receive a payment of $0.42 per share on 31st of...Narrative Update • Aug 07
Digital Banking And Wealth Management Will Expand Market Presence
With no change in the future P/E (8.04x) or the discount rate (7.56%), Camden National’s valuation outlook remains stable, reflected in the unchanged consensus analyst price target of $45.50. Valuation Changes Summary of Valuation Changes for Camden National The Consensus Analyst Price Target remained effectively unchanged, at $45.50.Analysis Article • Jun 28
Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42
Camden National Corporation's ( NASDAQ:CAC ) investors are due to receive a payment of $0.42 per share on 31st of July...Seeking Alpha • Apr 24
Camden National Corporation: Modest, Undervalued, And Ready To Impress
Summary Camden National Corporation is set to report Q1 earnings on May 6, with expectations of strong performance following its Northway Bank merger. Camden's conservative approach to deposits and lending, coupled with solid fundamentals, positions it well despite a challenging macroeconomic backdrop. Trading at just 8.5x forward earnings with a 4.5% dividend yield, Camden is undervalued, offering strong capital metrics and profitability. If Camden shows stable margins, deposit trends, and smooth integration of Northway, a re-rating closer to 10-11x earnings is justified, making CAC stock a Buy. Read the full article on Seeking AlphaAnalysis Article • Apr 14
Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42
Camden National Corporation's ( NASDAQ:CAC ) investors are due to receive a payment of $0.42 per share on 30th of...Seeking Alpha • Mar 26
Camden National: Anticipate Strong Growth For This Regional Bank
Summary Camden National Corporation's strong financial history and low loan losses make its current share price appealing, especially with an EPS estimate of $5/share for FY 2026. The acquisition of Northway Bank expands Camden's reach into New Hampshire, with minimal impact on the loan book and promising cost savings. Camden's robust loan book, with limited past-due loans, supports its ability to maintain low loan loss provisions and strong financial performance. Trading at around 10 times earnings, Camden's stock is attractively priced, with a projected boost in net profit post-Northway acquisition and a solid dividend policy. Read the full article on Seeking AlphaAnalysis Article • Jan 06
Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42
Camden National Corporation's ( NASDAQ:CAC ) investors are due to receive a payment of $0.42 per share on 31st of...Analysis Article • Dec 22
Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42
The board of Camden National Corporation ( NASDAQ:CAC ) has announced that it will pay a dividend of $0.42 per share on...Analysis Article • Nov 01
Camden National Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Camden National Corporation ( NASDAQ:CAC ) just released its latest quarterly results and things are looking bullish...Analysis Article • Sep 30
Camden National (NASDAQ:CAC) Will Pay A Dividend Of $0.42
The board of Camden National Corporation ( NASDAQ:CAC ) has announced that it will pay a dividend on the 31st of...
New Narrative • Sep 24
Innovative Banking Strategies And Digital Transformation Propel Market Leadership And Financial Growth
Implementation of process automation and innovative solutions, along with significant investments in digital banking, will enhance customer service and operational efficiency.Analysis Article • Jul 12
Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42
The board of Camden National Corporation ( NASDAQ:CAC ) has announced that it will pay a dividend on the 31st of July...Analysis Article • Apr 03
Camden National's (NASDAQ:CAC) Dividend Will Be $0.42
The board of Camden National Corporation ( NASDAQ:CAC ) has announced that it will pay a dividend on the 30th of April...Analysis Article • Jan 05
Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42
Camden National Corporation's ( NASDAQ:CAC ) investors are due to receive a payment of $0.42 per share on 31st of...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$80m |
| Dec 31 2025 | US$2m | US$857k | US$65m |
| Sep 30 2025 | n/a | n/a | US$57m |
| Jun 30 2025 | n/a | n/a | US$49m |
| Mar 31 2025 | n/a | n/a | US$47m |
| Dec 31 2024 | US$2m | US$825k | US$53m |
| Sep 30 2024 | n/a | n/a | US$47m |
| Jun 30 2024 | n/a | n/a | US$44m |
| Mar 31 2024 | n/a | n/a | US$44m |
| Dec 31 2023 | US$1m | US$63k | US$43m |
Compensation vs Market: Simon's total compensation ($USD2.32M) is below average for companies of similar size in the US market ($USD3.69M).
Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.
CEO
Simon Griffiths (52 yo)
2.4yrs
Tenure
US$2,318,520
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.4yrs | US$2.32m | 0.25% $ 2.1m | |
| Executive VP & CFO | 4.4yrs | US$846.96k | 0.12% $ 1.1m | |
| Executive VP of Technology & Support Services and CTO | 6.3yrs | US$742.14k | 0.13% $ 1.1m | |
| Chief Credit Officer & Executive VP | 2.5yrs | US$726.06k | 0.14% $ 1.2m | |
| Executive Vice President of Retail & Mortgage Banking officer | 8.8yrs | US$721.53k | 0.17% $ 1.4m | |
| Senior VP | no data | no data | 0.0053% $ 44.8k | |
| Executive VP and Chief Experience & Marketing Officer | 9.1yrs | no data | 0.17% $ 1.5m | |
| Executive VP & Chief HR Officer | 2.3yrs | no data | 0.013% $ 105.8k | |
| Executive VP & Chief Credit Officer | no data | US$594.88k | no data | |
| Executive VP & Chief Risk Officer | 2.9yrs | no data | 0.079% $ 670.1k | |
| Executive Vice President of Commercial Banking | 2.3yrs | no data | 0.054% $ 455.5k | |
| Executive VP & MD of Camden National Wealth Management | 2.2yrs | no data | 0.037% $ 311.3k |
2.7yrs
Average Tenure
53.5yo
Average Age
Experienced Management: CAC's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.4yrs | US$2.32m | 0.25% $ 2.1m | |
| Independent Director | 8.2yrs | US$104.33k | 0.062% $ 520.9k | |
| Independent Director | 18.3yrs | US$114.51k | 0.059% $ 499.1k | |
| Independent Director | 12.2yrs | US$109.01k | 0.080% $ 680.1k | |
| Independent Director | 3.5yrs | US$92.68k | 0.062% $ 525.6k | |
| Independent Director | 10.7yrs | US$102.01k | 0.61% $ 5.2m | |
| Independent Director | 9.4yrs | US$107.51k | 0.089% $ 754.4k | |
| Independent Director | 1.4yrs | US$107.13k | 0.019% $ 159.3k | |
| Independent Chair of the Board | 7.9yrs | US$99.13k | 0.094% $ 794.8k | |
| Independent Director | 3.5yrs | US$95.68k | 0.045% $ 377.3k | |
| Independent Director | 1.3yrs | US$95.26k | 0.017% $ 140.6k |
7.9yrs
Average Tenure
61yo
Average Age
Experienced Board: CAC's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 06:47 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Camden National Corporation is covered by 6 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.
| Analyst | Institution |
|---|---|
| Daniel Cardenas | Brean Capital Historical (Janney Montgomery) |
| Damon DelMonte | Keefe, Bruyette, & Woods |
| Matthew Breese | Piper Sandler Companies |