CAMDEN, Maine (AP) — CAMDEN, Maine (AP) — Camden National Corp. (CAC) on Tuesday reported second-quarter net income of $12.4 million.
The bank, based in Camden, Maine, said it had earnings of 85 cents per share.
The bank posted revenue of $66.2 million in the period. Its revenue net of interest expense was $42.8 million, which beat Street forecasts.
Camden National shares have dropped 18% since the beginning of the year. The stock has fallen 24% in the last 12 months.
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, source Associated Press News