--- title: "Camden National | 8-K: FY2025 Q4 Revenue: USD 96.18 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/273846381.md" datetime: "2026-01-27T13:08:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273846381.md) - [en](https://longbridge.com/en/news/273846381.md) - [zh-HK](https://longbridge.com/zh-HK/news/273846381.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273846381.md) | [繁體中文](https://longbridge.com/zh-HK/news/273846381.md) # Camden National | 8-K: FY2025 Q4 Revenue: USD 96.18 M Revenue: As of FY2025 Q4, the actual value is USD 96.18 M. EPS: As of FY2025 Q4, the actual value is USD 1.33, beating the estimate of USD 1.32. EBIT: As of FY2025 Q4, the actual value is USD -22.73 M. #### Net Income - Net income for the fourth quarter of 2025 totaled $22.6 million, an increase of 6% compared to the third quarter of 2025. - For the full year 2025, net income reached $65.2 million, marking a 23% increase over the year ended December 31, 2024. - Adjusted net income (Non-GAAP) for the full year 2025 was $74.4 million, representing a 39% increase over the year ended December 31, 2024. #### Pre-Tax, Pre-Provision Income - Pre-tax, pre-provision income (Non-GAAP) for the fourth quarter of 2025 increased 6% over the third quarter of 2025 to $31.2 million. - For the full year 2025, pre-tax, pre-provision income (Non-GAAP) was $100.9 million, up from $65.1 million in 2024. #### Net Interest Income - Net interest income for the fourth quarter of 2025 increased 5% over the third quarter of 2025 to $53.9 million. - For the full year 2025, net interest income was $203.3 million, a 53% increase from $132.5 million in 2024. #### Provision for Credit Losses - Provision expense for the fourth quarter of 2025 totaled $3.0 million, which was consistent with the third quarter of 2025, primarily due to net charge-offs of $3.2 million, including a $3.0 million charge-off from a commercial real estate loan. - For the full year 2025, provision for credit losses was $22.3 million, compared to a credit of - $404,000 for the year ended December 31, 2024. #### Non-Interest Income - Non-interest income for the fourth quarter of 2025 totaled $14.1 million, remaining consistent with the third quarter of 2025. - For the full year 2025, total non-interest income was $52.5 million, an 18% increase over $44.5 million in 2024. #### Non-Interest Expense - Non-interest expense for the fourth quarter of 2025 totaled $36.9 million, an increase of $933,000 on a linked-quarter basis, attributed to retirement plan costs, higher performance incentive accruals, increased health insurance costs, and elevated technology-related costs. - For the full year 2025, total non-interest expense was $154.8 million, a 38% increase over $111.9 million in 2024. #### Efficiency Ratios - The GAAP efficiency ratio was 54.16% for the fourth quarter of 2025, and the non-GAAP efficiency ratio was 51.69%. - For the full year 2025, the GAAP efficiency ratio was 60.53%, and the non-GAAP efficiency ratio was 54.46%. #### Total Assets - As of December 31, 2025, total assets were $7.0 billion, consistent with September 30, 2025. - Total assets grew 20% during 2025, largely due to the acquisition of Northway Financial, Inc. #### Loans - As of December 31, 2025, total loans were $5.0 billion, a 1% decrease from September 30, 2025. - Loans grew organically by 2% for the full year 2025. - Commercial loan balances decreased by $62.0 million during the fourth quarter, primarily due to a $35.9 million decrease in municipal loans. - The home equity loan portfolio grew 6% during the fourth quarter of 2025 and organically 18% for the full year. - The committed loan pipeline totaled $110.3 million as of December 31, 2025, which was 60% higher than a year ago. #### Deposits - As of December 31, 2025, deposits totaled $5.5 billion, a 2% increase since September 30, 2025, driven by a 3% increase in non-maturity deposits. - The loan-to-deposit ratio was 90% as of December 31, 2025, compared to 93% at September 30, 2025. #### Shareholders’ Equity - As of December 31, 2025, shareholders’ equity was $696.6 million, a 3% increase from $676.4 million at September 30, 2025. #### Asset Quality - Non-performing assets were 0.10% of total assets as of December 31, 2025. - Past-due loans were 0.16% of total loans as of December 31, 2025. - The Allowance for Credit Losses (ACL) on loans was 0.91% of total loans at December 31, 2025, and 6.4 times non-performing loans, compared to 5.5 times at September 30, 2025. #### Capital Ratios - As of December 31, 2025, Camden National Corporation’s regulatory capital ratios exceeded all regulatory requirements, including a Common Equity Tier 1 ratio of 11.69%, a Tier 1 risk-based ratio of 13.00%, a total risk-based ratio of 13.95%, and a Tier 1 leverage ratio of 9.12%. #### Dividends - On January 30, 2026, Camden National Corporation announced a cash dividend of $0.42 per share, representing an annualized dividend yield of 3.87% based on the closing share price on December 31, 2025. #### Outlook Camden National Corporation anticipates an outstanding 2026 and a brighter future due to strong execution of strategic initiatives and continued expansion of net interest margin. The company expresses confidence in its strategy to build the premier community bank in Northern New England, supported by its strong 2025 financial results. ### Related Stocks - [Camden National Corporation (CAC.US)](https://longbridge.com/en/quote/CAC.US.md) ## Related News & Research - [Camden National Declares Quarterly Dividend, Signals Ongoing Confidence](https://longbridge.com/en/news/281266523.md) - [Zydus Lifesciences receives demand order for FY 2019-20 to FY 2023-24](https://longbridge.com/en/news/281307974.md) - [Force Motors, GMDC, Ola Electrctric: Here's a look at FY26 gainers & losers](https://longbridge.com/en/news/280947267.md) - [SA Competition Commission Approves Prexozone-Bid Life Deal, With Conditions](https://longbridge.com/en/news/281498273.md) - [Tesla Continues European Surge As Sales In France Triple, Denmark Showcases Growth](https://longbridge.com/en/news/281354852.md)