← CAMDEN NATIONAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $40.1m |
$28.5m
-28.93%
|
$53.1m
+86.37%
|
$57.2m
+7.79%
|
$59.5m
+3.99%
|
$69.0m
+16.02%
|
$61.4m
-10.98%
|
$43.4m
-29.39%
|
$53.0m
+22.18%
|
$65.2m
+22.93%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $39.9m |
$28.4m
-28.89%
|
$52.9m
+86.62%
|
$57.1m
+7.86%
|
$59.3m
+3.95%
|
$68.8m
+15.99%
|
$61.3m
-10.97%
|
$43.3m
-29.29%
|
$53.0m
+22.30%
|
$65.2m
+22.96%
|
— | |
| Depreciation and amortization | $4.4m | $3.8m | $3.8m | $3.9m | $3.8m | $3.7m | $3.5m | $3.4m | $3.3m | $5.2m | $10.8m | |
| Depreciation, Amortization and Accretion, Net | ($5.0m) | ($2.8m) | — | — | — | — | — | — | — | — | $10.8m | |
| Amortization of Debt Issuance Costs | $54k | $54k | $54k | $115k | $251k | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $1.9m | $1.8m | $725k | $705k | $682k | $655k | $625k | $592k | $556k | $5.9m | — | |
| Deferred Income Tax Expense (Benefit) | ($1.3m) | $18.1m | ($2.6m) | $1.3m | ($1.8m) | ($637k) | $1.8m | $1.3m | $298k | $616k | $4.5m | |
| Share-based Payment Arrangement, Noncash Expense | $2.0m | $1.5m | $1.7m | $1.9m | $1.8m | $2.4m | $2.6m | $2.8m | $2.9m | $3.4m | $3.5m | |
| Goodwill, Impairment Loss | $0 | — | $0 | $0 | $0 | — | — | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | — | ($404k) | $22.3m | — | |
| Increase (Decrease) in Other Operating Assets | ($11.3m) | ($12.1m) | $6.4m | $22.4m | $10.9m | ($2.7m) | $4.1m | $9.2m | $5.8m | $3.5m | — | |
| Increase (Decrease) in Other Operating Liabilities | ($1.3m) | $1.2m | $6.3m | ($5.2m) | $2.6m | $43k | ($1.8m) | $5.5m | $8.4m | ($1.5m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $57.4m |
$58.3m
+1.60%
|
$64.3m
+10.29%
|
$32.9m
-48.91%
|
$18.2m
-44.54%
|
$142.7m
+682.86%
|
$105.2m
-26.30%
|
$67.5m
-35.82%
|
$60.9m
-9.74%
|
$63.9m
+4.89%
|
$108.0m
+68.99%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | $0 | $34k | $0 | $0 | $0 | $204k | $0 | $0 | $675k | ($3.9m) | |
| Payments to Acquire Property, Plant, and Equipment | $1.7m | $2.8m | $5.0m | $4.3m | $2.9m | $1.9m | $2.2m | $2.6m | $5.6m | $5.7m | ($5.5m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | — | — | $321.6m | $174.5m | $73.3m | $89.2m | $109.3m | — | |
| Gain (Loss) on Investments | $51k | $855k | $275k | — | — | — | ($912k) | ($10.3m) | $0 | $0 | $0 | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | $50k | $928k | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($168.0m) | ($212.1m) | ($276.8m) | ($55.8m) | ($294.5m) | ($649.1m) | ($487.7m) | ($7.0m) | $30.3m | ($56.4m) | ($38.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | ($105k) | $0 | $0 | ($912k) | ($10.3m) | $0 | $0 | — | |
| Payments for Repurchase of Common Stock | $0 | — | $27k | $20.8m | $9.7m | $10.1m | $10.2m | $2.0m | $1.6m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $12.4m | $14.3m | $17.2m | $18.6m | $19.8m | $21.1m | $23.5m | $24.5m | $24.6m | $28.5m | ($28.5m) | |
| Dividends Payable | $12.9m | $14.6m | $18.0m | $18.9m | $19.8m | $22.1m | $23.7m | $24.5m | $24.6m | $29.5m | — | |
| Net Cash Provided by (Used in) Financing Activities | $118.8m |
$169.1m
+42.36%
|
$176.5m
+4.38%
|
$31.6m
-82.09%
|
$346.4m
+996.04%
|
$581.2m
+67.81%
|
$237.3m
-59.17%
|
($36.1m)
-115.21%
|
$23.9m
+166.19%
|
($125.0m)
-622.95%
|
($83.4m)
+33.27%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $8.2m | $15.3m | ($36.0m) | $8.6m | $70.1m | $74.9m | ($145.2m) | $24.4m | $115.2m | ($117.5m) | $99.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $8.2m | $15.3m | ($36.0m) | $75.6m | $145.8m | $220.6m | $75.4m | $99.8m | $215.0m | $97.5m | $99.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $5.3m | $3.0m | $847k | $2.9m | $12.4m | ($3.2m) | $4.5m | $2.1m | — | — | $7.2m | |
| Bank Owned Life Insurance Income | $2.6m | $2.4m | $2.4m | $2.4m | $2.5m | $2.4m | $1.9m | $2.3m | $2.8m | $3.4m | — | |
| Proceeds from Stock Options Exercised | $1.3m | $98k | $218k | $95k | $33k | $159k | $72k | — | — | — | — | |
| Parent Company | $12.4m | $14.3m | $17.2m | $18.6m | $19.8m | $21.1m | $23.5m | $24.5m | $24.6m | $28.5m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $16.7m | $20.8m | $30.2m | $41.4m | $21.5m | $11.2m | $24.5m | $92.4m | $116.7m | $117.1m | — | |
| Income Taxes Paid, Net | $10.6m | $16.8m | $10.7m | $13.5m | $15.7m | $18.5m | $13.2m | $11.1m | $8.8m | $6.2m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $1.2m | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | $6.2m | $6.3m | $5.5m | $6.4m | $15.3m | $13.3m | $3.4m | $1.6m | $2.2m | $2.7m | — | |
| Goodwill | $94.7m | $94.7m | $94.7m | $94.7m | $94.7m | $94.7m | $94.7m | $94.7m | $94.7m | $151.5m | — | |
| Income Tax Expense (Benefit) | $17.5m | $33.9m | $12.7m | $14.4m | $14.9m | $17.6m | $15.6m | $10.5m | $12.5m | $13.5m | — | |
| Noncash Merger Related Costs | — | — | — | — | — | — | — | — | $1.2m | $9.3m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($1.3m) | ($1.0m) | ($652k) | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($289k) | $37k | $89k | ($61k) | $1.1m | $29k | ($62k) | $168k | $126k | $75k | — |