Shares of Camden National CAC rose 5.8% after the company reported Q1 results.
Earnings per share decreased 2.20% year over year to $0.89, which beat the estimate of $0.69.
Revenue of $43,229,000 up by 4.71% year over year, which beat the estimate of $41,130,000.
Camden National hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Apr 28, 2020
Time: 09:03 PM ET
52-week high: $48.48
52-week low: $26.00
Price action over last quarter: down 35.14%
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
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