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Camden National: 1Q Earnings Snapshot

CAMDEN, Maine (AP) _ Camden National Corp. (CAC) on Tuesday reported first-quarter net income of $14.3 million.

The bank, based in Camden, Maine, said it had earnings of 91 cents per share. Earnings, adjusted for amortization costs, were 92 cents per share.

The bank posted revenue of $51.4 million in the period. Its revenue net of interest expense was $41.3 million, topping Street forecasts.

Camden National shares have risen 22% since the beginning of the year. The stock has declined roughly 4% in the last 12 months.


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