CAMDEN, Maine (AP) _ Camden National Corp. (CAC) on Tuesday reported fourth-quarter net income of $18.3 million.

The Camden, Maine-based bank said it had earnings of $1.22 per share.

The bank posted revenue of $53.5 million in the period. Its revenue net of interest expense was $49.8 million, which topped Street forecasts.

For the year, the company reported profit of $59.5 million, or $3.95 per share. Revenue was reported as $186.8 million.

Camden National shares have increased slightly more than 4% since the beginning of the year. The stock has dropped 19% in the last 12 months.

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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