Camden National posts 4Q profit

CAMDEN, Maine (AP) _ Camden National Corp. (CAC) on Tuesday reported fourth-quarter profit of $10.9 million.

The bank, based in Camden, Maine, said it had earnings of 70 cents per share.

The bank posted revenue of $42.4 million in the period. Its adjusted revenue was $38.4 million.

For the year, the company reported profit of $40.1 million, or $2.57 per share. Revenue was reported as $152.7 million.

Camden National shares have decreased slightly more than 5 percent since the beginning of the year. The stock has risen 55 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAC at https://www.zacks.com/ap/CAC

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