Camden National Bank, a Maine-based regional lender, reported robust third quarter results for 2025. Revenue surged 45.6% YoY to $65.74 million, surpassing Wall Street estimates by 4.6%. Adjusted EPS of $1.24 topped expectations by 4.2%. Net interest income, the banks primary revenue source, soared 52.7% YoY to $51.27 million, exceeding forecasts. The net interest margin improved to 3.2%, slightly better than expected. Efficiency also improved, with a ratio of 52.5% versus the expected 56.4%. Founded in 1875, Camden National serves customers in Maine and New Hampshire with banking, wealth management, and other financial services. While annual revenue growth averaged 5.4% over the past five years, the pace has accelerated recently, with 17.1% growth over the past two years due to higher interest rates and demand. Tangible book value per share rose to $28.42, beating estimates and up from recent years, with analysts forecasting 14.9% growth to $32.66 over the next twelve months. Net interest income has consistently accounted for about 77% of total revenue. The stock held steady at around $43.87 after the news, reflecting a solid quarter but no significant market reaction yet. Investors will monitor if this momentum continues amid banking sector trends. Checkout Solipillow.com

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