Platform Launch: Camden National Bank has introduced the free Family Wallet platform aimed at helping families instill healthy financial habits in children, reflecting the bank's commitment to the next generation.
Market Opportunity: With children aged 5 to 17 estimated to have over $360 billion in spending power, the Family Wallet combines a secure, parent-controlled debit card with a dedicated mobile app, effectively addressing this trend and enhancing the bank's competitive edge.
Partnership: Camden National Bank partnered with Rego Payment Architectures to deliver a solution that complies with the Children's Online Privacy Protection Act, ensuring child data privacy and enhancing the platform's security and trustworthiness.
Community Commitment: As part of its 150th anniversary celebration, the bank reaffirms its investment in youth education and financial literacy, aiming to build a stronger financial future for the youngest members of its community.
CAC
$45.68+Infinity%1D
Analyst Views on CAC
Wall Street analysts forecast CAC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CAC is 45.00 USD with a low forecast of 45.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast CAC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CAC is 45.00 USD with a low forecast of 45.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 45.210
Low
45.00
Averages
45.00
High
45.00
Current: 45.210
Low
45.00
Averages
45.00
High
45.00
Keefe Bruyette
Damon DelMonte
Market Perform
maintain
$44 -> $45
2025-10-29
Reason
Keefe Bruyette
Damon DelMonte
Price Target
$44 -> $45
2025-10-29
maintain
Market Perform
Reason
Keefe Bruyette analyst Damon DelMonte raised the firm's price target on Camden National to $45 from $44 and keeps a Market Perform rating on the shares.
Camden National
Stephens
Equal Weight -> Overweight
upgrade
$49 -> $44
2025-08-06
Reason
Camden National
Stephens
Price Target
$49 -> $44
2025-08-06
upgrade
Equal Weight -> Overweight
Reason
Stephens upgraded Camden National to Overweight from Equal Weight with a price target of $44, down from $49, following Q2 earnings. The firm believes the increase in NPAs, tied to one syndicated credit, is a one-off in nature and not indicative of broader credit deterioration, the analyst tells investors.
Keefe, Bruyette & Woods
Damon Delmonte
Hold
Maintains
$48 → $50
2025-01-29
Reason
Keefe, Bruyette & Woods
Damon Delmonte
Price Target
$48 → $50
2025-01-29
Maintains
Hold
Reason
Raymond James
Steve Moss
Buy
Reiterates
$50 → $53
2025-01-29
Reason
Raymond James
Steve Moss
Price Target
$50 → $53
2025-01-29
Reiterates
Buy
Reason
About CAC
Camden National Corporation is a bank holding company for Camden National Bank (the Bank). The business of the Company is to attract deposits from and to extend loans to consumer, institutional, municipal, non-profit and commercial customers. The Company, through the Bank, provides a range of banking and other financial services, including wealth management and trust services, brokerage, investment advisory and insurance services to consumer, business, non-profit and municipal customers. The Bank’s digital products enable customers to bank anywhere at any time, including, but not limited to, online and mobile banking, which includes MortgageTouch, its easy-to-use online platform for consumer borrowers; BusinessTouch, its online loan application system with instant approval, making borrowing faster and easier for small businesses, and TreasuryLink, its secure online platform designed to offer advanced cash management, monitoring capabilities and controls for commercial customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
