Camden National Corp Files 8-K on Financials

Ticker: CAC · Form: 8-K · Filed: 2024-10-29T00:00:00.000Z

Sentiment: neutral

Topics: financial-reporting, 8-k

TL;DR

Camden National Corp dropped an 8-K on Oct 29th detailing their financial results. Check it out.

AI Summary

Camden National Corporation filed an 8-K on October 29, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits, with the earliest event reported also on October 29, 2024. The company is incorporated in Maine and its principal executive offices are located in Camden, Maine.

Why It Matters

This filing provides crucial updates on Camden National Corporation's financial performance and condition, which is essential for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial reporting filing (8-K) and does not indicate any immediate or significant risks.

Key Players & Entities

FAQ

What specific financial information is being reported in this 8-K filing?

The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits'.

When was the earliest event reported in this filing?

The earliest event reported is dated October 29, 2024.

Where are Camden National Corporation's principal executive offices located?

The principal executive offices are located at Two Elm Street, Camden, Maine 04843.

What is Camden National Corporation's IRS Employer Identification Number?

The IRS Employer Identification Number for Camden National Corporation is 01-0413282.

Under which section of the Securities Exchange Act of 1934 is this report filed?

This report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.

Filing Stats: 1,390 words · 6 min read · ~5 pages · Grade level 15.2 · Accepted 2024-10-29 08:11:18

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. Camden National Corporation (the "Company" or "Camden") issued a press release on October 29, 2024 announcing earnings for the fiscal quarter ended September 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1. This information is being furnished pursuant to Item 2.02, and the information contained therein shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) The following exhibits are filed with this Report: Exhibit No. Description 99.1 Press Release Announcing Earnings for the Fiscal Quarter Ended September 30, 2024. 101 Cover Page Interactive Data - the cover page XBRL tags are embedded within the Inline XBRL document. 104 Cover Page Interactive Data File - Included in Exhibit 101.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K and the exhibits filed herewith may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements about Camden's beliefs, plans, strategies, predictions, forecasts, objectives, intentions, assumptions or expectations are not historical facts and may be forward-looking. These include, but are not limited to, statements regarding the proposed transaction, revenues, earnings, loan production, asset quality, and capital levels, among other matters; Camden's estimates of future costs and benefits of the actions it may take; Camden's assessments of probable losses on loans; Camden's assessments of interest rate and other market risks; Camden's ability to achieve its financial and other strategic goals; the expected timing of completion of the proposed transaction with Northway Financial, Inc. ("Northway"); the expected cost savings, synergies and other anticipated benefits from the proposed transaction; and other statements that are not historical facts. Forward-looking statements are often, but not always, identified by such words as "believe," "expect," "anticipate," "can," "could," "may," "predict," "potential," "intend," "outlook," "estimate," "forecast," "project," "should," "will," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which may change over time. Because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in such forward-looking statements as a result of a variety of factors, many of which are beyond the control of Camden and Northway. Such statements are based upon the current beliefs and expectations of the management of Camden and Northway and are subject to significant risks and uncertainties outside of the control of the parties. Caution should be exercised

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 29, 2024 CAMDEN NATIONAL CORPORATION (Registrant) By: /s/ MICHAEL R. ARCHER Michael R. Archer Chief Financial Officer and Principal Financial & Accounting Officer

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