Camden National Corp. Q2 2025 Earnings Surge: Net Income Up 92% to $14.1M, EPS Increases 93% to $0.83
Camden National Corporation reported a 92% increase in net income for Q2 2025, reaching $14.1 million, with diluted EPS rising 93% to $0.83. Net interest income grew by 1% to $49.2 million, driven by an improved net interest margin of 3.06%. Non-interest expenses decreased by 15% due to reduced merger costs from the Northway acquisition. The company expects further improvements in operating expenses in the latter half of 2025 as cost savings are realized.
Camden National Corporation has reported its financial results for the second quarter of 2025, with net income reaching $14.1 million. This represents a 92% increase compared to the first quarter of 2025. The company also reported diluted earnings per share of $0.83, marking a 93% rise from the prior quarter. Net interest income for the quarter was $49.2 million, a rise of $351,000 or 1% from the first quarter. This increase was driven by the expansion of net interest margin, which improved by 2 basis points to 3.06%. Non-interest expenses decreased by $6.9 million, or 15%, compared to the previous quarter, primarily due to a reduction in merger and acquisition costs associated with the Northway acquisition and realized expense synergies. The company highlighted the strategic value of the Northway Financial acquisition, noting the achievement of cost synergies and solid revenue growth. Camden National anticipates continued improvement in run-rate operating expenses in the second half of 2025 as cost savings are fully realized. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Camden National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000750686-25-000277), on July 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
