CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported fourth-quarter earnings of $14.7 million.
The Camden, Maine-based bank said it had earnings of $1 per share. Earnings, adjusted for one-time gains and costs, were $1.03 per share.
The bank posted revenue of $75.7 million in the period. Its revenue net of interest expense was $47.6 million, beating Street forecasts.
For the year, the company reported profit of $53 million, or $3.62 per share. Revenue was reported as $177 million.
Camden National shares have risen 4% since the beginning of the year. The stock has risen 21% 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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