Camden National Corporation Reports Third Quarter 2026 Net Income Up 8% Year Over Year
PR Newswire•27/10/2026•08:15 ET
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Key Highlights
- ➤Q3 net income $22.8 million, up 8% year over year
- ➤Nine-month net income record $67.7 million, versus $42.6 million in 2025
- ➤Deposits grew 5% in Q3, while core deposits increased 7%
- ➤Net interest margin expanded 15 basis points to 3.41%
- ➤Non-performing loans represented 0.16% of total loans at September 30
Expert Statements
Simon Griffiths, President and Chief Executive Officer of Camden National Corporation
“Our third-quarter results demonstrate continued momentum across the franchise, with year-over-year earnings growth, meaningful deposit growth, and strong credit performance. Strong deposit growth and continued customer acquisition improved our funding mix, reduced reliance on higher-cost borrowings, and expanded net interest margin by 15 basis points from the second quarter to 3.41%. At the same time, we maintained disciplined expense management while investing in our lending teams and future growth. With record earnings through the first nine months of the year and a stronger balance sheet, we are confident that we are well positioned to deliver sustained earnings growth and long-term shareholder value.”
Camden National Corporation Reports Third Quarter 2026 Net Income Up 8% Year Over Year PR Newswire
Strong deposit growth, credit quality and disciplined execution drive financial performance
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