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Camden National Corp (CAC) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Camden National Corp (CAC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Camden National Corporation provides banking services and products to individuals and commercial customers. Its services also comprise treasury and investment banking solutions. Camden National Corp has a market cap of $682.450 million; its shares were traded at around $43.77 with a P/E ratio of 12.93 and P/S ratio of 4.44. The dividend yield of Camden National Corp stocks is 2.62%.


For the last quarter Camden National Corp reported a revenue of $40.2 million, compared with the revenue of $38.78 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $155.4 million, an increase of 2.8% from last year. For the last five years Camden National Corp had an average revenue growth rate of 11.6% a year.

The reported diluted earnings per share was $3.39 for the year, an increase of 86.3% from previous year. Over the last five years Camden National Corp had an EPS growth rate of 7.5% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Camden National Corp has the cash and cash equivalents of $67.0 million, compared with $103.0 million in the previous year. The long term debt was $70.6 million, compared with $69.6 million in the previous year. Camden National Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $43.77, Camden National Corp is traded at 53.1% premium to its historical median P/S valuation band of $28.58. The P/S ratio of the stock is 4.44, while the historical median P/S ratio is 2.90. The stock lost 1.1% during the past 12 months.

CEO Recent Trades:

  • CEO Gregory A Dufour sold 1,250 shares of CAC stock on 03/08/2019 at the average price of $43.5. The price of the stock has increased by 0.62% since.

For the complete 20-year historical financial data of CAC, click here.

This article first appeared on GuruFocus.