
Camden National (CAC) Stock Forecast & Price Target
Camden National (CAC) Analyst Ratings
Bulls say
Camden National Corporation demonstrated strong financial performance, with assets under administration (AUA) rising to $2.1 billion, marking a 12% increase year-over-year. The bank also reported a notable sequential increase in pre-provision net revenue (PPNR), which grew approximately 17% quarter-over-quarter to $19.8 million, driven by improved net interest margin and better fee income. Additionally, the successful acquisition of Northway Financial is expected to provide further opportunities for growth and integration, positioning Camden National favorably for the upcoming year and enhancing its potential for increased returns.
Bears say
Camden National Corporation's loan growth has stalled, with total loans remaining flat quarter-over-quarter as declines in residential mortgages and the impact of larger loan payoffs have affected commercial and industrial growth. The bank faces a cautious outlook for 2025, with management projecting low single-digit growth while highlighting risks related to potential credit losses should unemployment rise or the housing market weaken. Additionally, competitive pressures and regulatory changes pose threats to the company's margins and fee income, further diminishing profitability prospects as the regional economies it serves could adversely impact its customer base.
This aggregate rating is based on analysts' research of Camden National and is not a guaranteed prediction by Public.com or investment advice.
Camden National (CAC) Analyst Forecast & Price Prediction
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