Camden National Corporation

NasdaqGS:CAC Stock Report

Market Cap: US$811.4m

Camden National Management

Management criteria checks 3/4

Camden National's CEO is Simon Griffiths, appointed in Jan 2024, has a tenure of 2.25 years. total yearly compensation is $2.32M, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 0.052% of the company’s shares, worth $417.86K. The average tenure of the management team and the board of directors is 2.5 years and 7.8 years respectively.

Key information

Simon Griffiths

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage36.95%
CEO tenure2.3yrs
CEO ownership0.05%
Management average tenure2.5yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

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.

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.

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).

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).

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).

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).

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).

Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42

Jan 03
Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42

Camden National (NASDAQ:CAC) Has Announced A Dividend Of $0.42

Dec 20
Camden National (NASDAQ:CAC) Has Announced A Dividend Of $0.42

Camden National's (NASDAQ:CAC) Dividend Will Be $0.42

Oct 04
Camden National's (NASDAQ:CAC) Dividend Will Be $0.42

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.

Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42

Jun 28
Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42

Camden National Corporation: Modest, Undervalued, And Ready To Impress

Apr 24

Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42

Apr 14
Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42

Camden National: Anticipate Strong Growth For This Regional Bank

Mar 26

Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42

Jan 06
Camden National (NASDAQ:CAC) Is Paying Out A Dividend Of $0.42

Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42

Dec 22
Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42

Camden National Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 01
Camden National Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Camden National (NASDAQ:CAC) Will Pay A Dividend Of $0.42

Sep 30
Camden National (NASDAQ:CAC) Will Pay A Dividend Of $0.42
User avatar

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.

Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42

Jul 12
Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42

Camden National's (NASDAQ:CAC) Dividend Will Be $0.42

Apr 03
Camden National's (NASDAQ:CAC) Dividend Will Be $0.42

Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42

Jan 05
Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42

CEO Compensation Analysis

How has Simon Griffiths's remuneration changed compared to Camden National's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$80m

Dec 31 2025US$2mUS$857k

US$65m

Sep 30 2025n/an/a

US$57m

Jun 30 2025n/an/a

US$49m

Mar 31 2025n/an/a

US$47m

Dec 31 2024US$2mUS$825k

US$53m

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 ($USD2.32M) is below average for companies of similar size in the US market ($USD3.70M).

Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.

CEO

Simon Griffiths (51 yo)

2.3yrs
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

NamePositionTenureCompensationOwnership
Simon Griffiths
CEO, President & Director2.3yrsUS$2.32m0.051%
$ 417.9k
Michael Archer
Executive VP & CFO4.3yrsUS$846.96k0.12%
$ 947.0k
William Martel
Executive VP of Technology & Support Services and CTO6.1yrsUS$742.14k0.13%
$ 1.0m
Ryan Smith
Chief Credit Officer & Executive VP2.3yrsUS$726.06k0.14%
$ 1.1m
Patricia Rose
Executive Vice President of Retail & Mortgage Banking officer8.6yrsUS$721.53k0.17%
$ 1.3m
Brandon Boey
Senior VPno datano data0.0053%
$ 42.8k
Renée Smyth
Executive VP and Chief Experience & Marketing Officer8.9yrsno data0.17%
$ 1.4m
Andrew Forbes
Executive VP & Chief Human Resources Officer2.1yrsno data0.0045%
$ 36.3k
Timothy Nightingale
Executive VP & Chief Credit Officerno dataUS$594.88kno data
David Ackley
Executive VP & Chief Risk Officer2.8yrsno data0.076%
$ 614.1k
Barbara Raths
Executive Vice President of Commercial Banking2.1yrsno data0.050%
$ 406.1k
Garrett Mcknight
Executive VP & MD of Camden National Wealth Management2yrsno data0.033%
$ 268.9k
2.5yrs
Average Tenure
52.5yo
Average Age

Experienced Management: CAC's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simon Griffiths
CEO, President & Director2.3yrsUS$2.32m0.051%
$ 417.9k
Robin Sawyer
Independent Director8yrsUS$104.33k0.061%
$ 497.6k
James Page
Independent Director18.2yrsUS$114.51k0.059%
$ 476.8k
Sara Longley
Independent Director12yrsUS$109.01k0.080%
$ 649.8k
Robert Merrill
Independent Director3.3yrsUS$92.68k0.062%
$ 502.1k
Carl Soderberg
Independent Director10.5yrsUS$102.01k0.61%
$ 4.9m
Craig Denekas
Independent Director9.3yrsUS$107.51k0.089%
$ 720.8k
Larry Haynes
Independent Director1.3yrsUS$107.13k0.019%
$ 152.2k
Marie McCarthy
Independent Chair of the Board7.8yrsUS$99.13k0.094%
$ 759.3k
Rebecca Hatfield
Independent Director3.3yrsUS$95.68k0.044%
$ 360.5k
Raina Maxwell
Independent Director1.2yrsUS$95.26k0.017%
$ 134.4k
7.8yrs
Average Tenure
60yo
Average Age

Experienced Board: CAC's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 11:51
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

Analysis Model and Snowflake

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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 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.

AnalystInstitution
Daniel CardenasBrean Capital Historical (Janney Montgomery)
Damon DelMonteKeefe, Bruyette, & Woods
Matthew BreesePiper Sandler Companies