Camden National Q1 FY26 net income rises 39% to $21.9 million; EPS climbs to $1.29

• Camden National posted Q1 2026 net income of $21.9 million, up 39% year over year, with diluted EPS of $1.29.
• Net interest income slipped 3% to $52.4 million as net interest margin narrowed 5 basis points to 3.24%.
• Provision expense fell to $553,000 from $3 million in Q4, while annualized net charge-offs eased to 0.04%.
• Deposits increased 1% to $5.6 billion, enabling a $68.3 million reduction in higher-cost short-term borrowings.
• CEO Simon Griffiths said results reflected benefits from last year’s acquisition, citing strong asset quality, expense management, and deposit growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Camden National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000750686-26-000020), on April 28, 2026, and is solely responsible for the information contained therein.