Camden National Corporation filed its Form 10-Q with the SEC on November 5, 2026, reporting unaudited financial results for the quarterly period ended September 30, 2026, on NASDAQ:CAC.

Key Highlights

  • Nine-month net income of $67.7 million: Camden National reported net income of $67,725 thousand for the nine months ended September 30, 2026, compared to $42,601 thousand for the same period in 2025.
  • Q3 2026 net income of $22.8 million: Third-quarter net income was $22,821 thousand, up from $21,194 thousand in Q3 2025, according to the filing.
  • Diluted EPS of $3.98 year-to-date: Diluted earnings per share for the nine months ended September 30, 2026 were $3.98, versus $2.51 for the comparable 2025 period.
  • Total assets reached $7.05 billion: The consolidated balance sheet showed total assets of $7,053,049 thousand as of September 30, 2026, up from $6,974,584 thousand at December 31, 2025.
  • Net interest income rose to $160.7 million year-to-date: Net interest income for the nine months ended September 30, 2026 was $160,716 thousand, compared to $149,339 thousand for the same period in 2025.
  • Provision for credit losses declined sharply: The provision for credit losses for the nine months ended September 30, 2026 was $3,156 thousand, versus $19,321 thousand for the same period in 2025.
  • Shares outstanding at October 29, 2026: Common stock outstanding as of October 29, 2026 was 16,892,344 shares, as indicated on the filing cover.

Camden National's Q3 2026 Financial Results: Balance Sheet Growth and Income Trends

According to the filing, Camden National Corporation reported nine-month net income of $67,725 thousand for the period ended September 30, 2026, a substantial increase from $42,601 thousand in the first nine months of 2025. The company attributed part of the year-over-year difference to merger and acquisition costs of $9,245 thousand recorded in the 2025 period, with no such costs reported in 2026. For the third quarter alone, net income was $22,821 thousand, compared to $21,194 thousand in Q3 2025.

The filing disclosed that total interest income for the nine months ended September 30, 2026 was $237,881 thousand, while total interest expense fell to $77,165 thousand from $89,273 thousand in the same 2025 period, resulting in net interest income of $160,716 thousand. Non-interest income for the nine-month period was $39,696 thousand, and total non-interest expense was $110,558 thousand, down from $117,974 thousand in 2025. Total deposits grew to $5,849,336 thousand at September 30, 2026, from $5,537,781 thousand at December 31, 2025. Total shareholders' equity was reported at $720,641 thousand, up from $696,558 thousand at year-end 2025, though accumulated other comprehensive loss widened to $(84,661) thousand from $(64,388) thousand.

The allowance for credit losses on loans stood at $46,217 thousand as of September 30, 2026. The company's loan portfolio totaled $5,002,228 thousand, and net loans were $4,956,011 thousand. Cash dividends declared per share were $0.42 for the third quarter and $1.26 for the nine-month period, unchanged from the comparable 2025 figures, according to the filing.

What Was Disclosed

Camden National Corporation filed its quarterly report covering the period ended September 30, 2026, disclosing unaudited income statements, a consolidated balance sheet with total assets of $7.05 billion, per-share data, and changes in shareholders' equity for the three and nine months ended September 30, 2026 and 2025.