Camden National Corp (CAC) company profile
Close on Nov 13, 2026Market cap $1.00BP/E 11.2Yield 2.82%
About Camden National
National Commercial Banks, SIC 6021
Camden National Corporation is a bank holding company that operates primarily through its subsidiary, Camden National Bank. The organization engages in attracting deposits and extending loans, while providing retail, commercial, and municipal banking solutions. Alongside core banking, it delivers wealth management, fiduciary administration, trustee services, investment advisory, brokerage, and insurance products. Additionally, the company offers specialized digital platforms for cash management, residential mortgages, and small business financing. Its client base includes consumer, commercial, institutional, municipal, and non-profit customers, as well as high-net-worth individuals and families.
The company operates a network of 72 branches located throughout Northern New England, serving communities across Maine and New Hampshire, with additional business activities in select Massachusetts markets. In-person branch services are complemented by online and mobile banking platforms. The company and its bank subsidiary maintain their corporate headquarters in Camden, Maine.
Summary of the business section of Camden National's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Camden National Corp
- Founded
- 1984
- Headquarters
- Camden, ME
- Address
- Two Elm St 04843
- Phone
- (207) 236-8821
- Website
- camdennational.bank
- Employees
- 683, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- ME
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Des Moines, Iowa
Stock & identifiers
- Ticker
- CAC
- Exchange
- Nasdaq
- IPO date
- Oct 8, 1997
- Shares outstanding
- 17M, Jul 30, 2026
- Public float
- $675.19M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, Oct 3, 2016; 3-for-1, Dec 7, 1998
- SEC CIK
- 750686
- CUSIP
- 133034108
- ISIN
- US1330341082
- FIGI
- BBG000BB1LK2
- Share class FIGI
- BBG001S5PGN7
- LEI
- 549300ZVEDL2L8UW4F28
- EIN
- 01-0413282
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Joshua M. Nash | EVP | 11,474 |
| Brandon Y. Boey | EVP | 3,600 |
| Katherine W. Brunelle | EVP | 998 |
| David Ackley | EVP | 13,360 |
| Garrett McKnight | EVP | 6,223 |
| Andrew Forbes | EVP | 5,923 |
| Renee Smyth | EVP | 29,281 |
| Patricia A. Rose | EVP | 28,777 |
| William H. Martel | EVP | 21,904 |
| Ryan A. Smith | EVP | 23,980 |
| Michael R. Archer | EVP | 21,089 |
| Simon Griffiths | CEO | 42,799 |
| Barbara Raths | EVP | 9,106 |
| Larry K. Haynes | Director | 4,665 |
| Carl John Soderberg | Director | 104,624 |
| Rebecca Hatfield | Director | 8,784 |
| Raina Maxwell | Director | 4,311 |
| James H. Page | Director | 10,896 |
| Craig N. Denekas | Director | 15,999 |
| Robin A. Sawyer | Director | 12,847 |
| Robert D. Merrill | Director | 11,424 |
| S. Catherine Longley | Director | 14,513 |
| Marie J. McCarthy | Director | 16,942 |
| Lawrence J. Sterrs | Director | 14,756 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $2.32M | $2.49M | $759.42K | $149 | $160 |
| FY2024 | $1.92M | $1.99M | $622.10K | $114 | $132 |
| FY2023 | $1.52M | $1.45M | $803.57K | $95 | $112 |
| FY2022 | $1.32M | $1.60M | $512.05K | $100 | $111 |
| FY2021 | $2.38M | $2.31M | $594.08K | $112 | $126 |
| FY2020 | $3.09M | $1.61M | $627.25K | $81 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Simon R. Griffiths President & CEO | $856.73K | $700.25K | $603.61K | $157.93K | $2.32M | +21% |
| Michael R. Archer EVP, CFO | $430.39K | $159.48K | $187.31K | $69.78K | $846.96K | +28% |
| William H. Martel EVP, Chief Technology Officer | $370.96K | $137.05K | $166.32K | $67.80K | $742.14K | +21% |
| Patricia A. Rose EVP, Retail & Mortgage Banking | $370.00K | $125.97K | $161.03K | $64.52K | $721.53K | +23% |
| Ryan A. Smith EVP, Chief Credit Officer | $371.92K | $125.97K | $158.62K | $69.55K | $726.06K | +17% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“We are powered by an extraordinary team of 683 employees, as of December 31, 2025, who work together to provide expert banking solutions to help people achieve their financial potential.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 2, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 18, 2024 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 19, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 15, 2015 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 31, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 3, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 31, 2007 | Delisting | Notice of delisting from exchange (Form 25) |
| Dec 20, 2007 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Sep 21, 2007 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 5, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 1, 1997 | Listing | Registration of securities on an exchange (Form 8-A) |
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