Camden National Corporation Overview
Pro stress-test →Camden National Corporation is the largest publicly traded bank holding company in Northern New England with $3.9 billion in assets. Camden National Bank is a full-service community bank that employs over 650 people and features a network of 63 banking centers and 85 ATMs in Maine, with expanding operations in New Hampshire through its Northway acquisition.
Strategic Profile
Pro stress-test →The company provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. In September 2024, Camden National announced its acquisition of Northway Financial in an all-stock transaction valued at approximately $86.6 million, creating a premier publicly traded northern New England bank. The company achieved annualized revenue growth of 25% over the last two years, demonstrating strong momentum.
Competitive Landscape
Pro stress-test →Camden National is the largest publicly traded bank holding company in Northern New England. The company competes with regional banks across Maine, New Hampshire, and Massachusetts. Main competitors include The First Bancorp, Timberland Bancorp, and QCR Holdings in the regional banking space. Camden's scale advantage through the Northway acquisition positions it well against smaller regional competitors.
Industry Context
Camden National Corporation operates in Regional Banking / Financial Services.
Key facts
Founded: 1875 · Headquarters: Camden, Maine, US · Employees: 650+ · Revenue: $68.05M (Q4 2025)