Camden National Corp. Q2 2025 Earnings Surge: Net Income Up 92% to $14.1M, EPS Increases 93% to $0.83

Reuters
2025.07.29 12:06
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Camden National Corporation reported a 92% increase in net income for Q2 2025, reaching $14.1 million, with diluted EPS rising 93% to $0.83. Net interest income grew by 1% to $49.2 million, driven by an improved net interest margin of 3.06%. Non-interest expenses decreased by 15% due to reduced merger costs from the Northway acquisition. The company expects further improvements in operating expenses in the latter half of 2025 as cost savings are realized.