Gregory Dufour - Camden National CEO
| CAC Stock | USD 31.01 0.31 1.01% |
CEO
Mr. Gregory A. Dufour is President, Chief Executive Officer, Director of Camden National Corporation and the Camden National Bank, subsidiary of the Company. Mr. Dufour joined the Company in April 2001 as Senior Vice President of Finance. In August of 2002, he assumed additional responsibility for Operations and Technology until December 2003. In January 2004, Mr. Dufour was named Chief Banking Officer for the Company and President and Chief Operating Officer for Camden National Bank, and in January 2006, he became President and CEO for Camden National Bank. He also serves on the Board of Directors of Camden National Bank. Prior to joining the Company, Mr. Dufour was Managing Director of Finance and a member of the Executive Operating Group for IBEX Capital Markets in Boston, Massachusetts. In addition to his experience at IBEX, Mr. Dufour held various financial management positions with FleetBoston Corporation and its affiliates, including Vice President and Controller of Debt Capital Markets, Controller of Investment Banking and Banking Group Controller. Mr. Dufours extensive business and finance background, demonstrated ability to effectively manage growth, strong regulatory expertise and leadership capability contributes to his active support of the Board in his director capacity. Mr. Dufour has served in various volunteer capacities on numerous communityrelated organizations and currently serves as trustee of Coastal Healthcare Alliance system in Rockport, Maine and as trustee and vice chair of the board of Maine Health in Portland, Maine. since 2009.
| Age | 63 |
| Tenure | 15 years |
| Address | 2 Elm Street, Camden, ME, United States, 04843 |
| Phone | 207 236 8821 |
| Web | https://www.camdennational.com |
Camden National Management Efficiency
At present, Camden National's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.14, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, Camden National's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.01, whereas Total Assets are forecasted to decline to about 2.9 B. Camden National's management efficiency ratios could be used to measure how well Camden National manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0917 | |||
| Return On Asset | 0.0076 |
Camden National Leadership Team
Elected by the shareholders, the Camden National's board of directors comprises two types of representatives: Camden National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Camden. The board's role is to monitor Camden National's management team and ensure that shareholders' interests are well served. Camden National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Camden National's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ann Bresnahan, Independent Director | ||
| Simon Griffiths, President CEO | ||
| David Flanagan, Independent Director | ||
| Jennifer CFP, Executive Management | ||
| Karen Stanley, Independent Chairman of the Company and the Bank | ||
| Edmund Hayden, CEO, Chief Credit Officer of the Company and Bank | ||
| Gregory Dufour, CEO and President Director, Member of Capital Planning Committee, Member of Technology Committee, CEO of Camden National Bank and President of Camden National Bank, Director of Camden National Bank and Director of Acadia Trust N A | ||
| Carolyn CarsonCrosby, Senior Manager | ||
| June Parent, Executive VP of Retail Banking | ||
| William Martel, Executive CTO | ||
| Joshua Nash, Vice President | ||
| Craig Gunderson, Independent Director | ||
| Michael Archer, IR Contact Officer | ||
| Catherine Longley, Independent Director | ||
| Deborah Jordan, Executive Vice President CFO | ||
| Joanne CRCM, Ex Officer | ||
| Jared Merritt, Vice President | ||
| John Holmes, Independent Director | ||
| David Ott, Director | ||
| John Rohman, Independent Director | ||
| Heather CPA, Ex Officer | ||
| Rene Smyth, Executive Officer | ||
| Suzanne Cifaldo, Vice President | ||
| Andrew Forbes, Executive Officer | ||
| Carl Soderberg, Director | ||
| Ryan Smith, Chief VP | ||
| Robin Sawyer, Independent Director | ||
| Michael CPA, Executive CFO | ||
| James Page, Independent Director | ||
| Craig Denekas, Independent Director | ||
| Mary Haut, Executive Vice President Managing Director of Wealth Management Group | ||
| David Ackley, Executive Officer | ||
| Patricia Rose, Executive Vice President Retail and Mortgage Banking Officer | ||
| Timothy Nightingale, Executive VP and Sr. Loan Officer | ||
| Lawrence Sterrs, Director | ||
| Sharon SeslingLabonte, Vice Trust | ||
| Joanne Campbell, Executive Vice President - Risk Management | ||
| Marie McCarthy, Independent Director |
Camden Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Camden National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0917 | |||
| Return On Asset | 0.0076 | |||
| Profit Margin | 0.27 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 872.54 M | |||
| Shares Outstanding | 14.63 M | |||
| Shares Owned By Insiders | 2.95 % | |||
| Shares Owned By Institutions | 70.77 % | |||
| Number Of Shares Shorted | 417.23 K | |||
| Price To Earning | 10.09 X |
Pair Trading with Camden National
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Camden National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Camden National will appreciate offsetting losses from the drop in the long position's value.Moving together with Camden Stock
| 0.87 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.92 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Camden Stock
| 0.74 | TECTP | Tectonic Financial | PairCorr |
| 0.64 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.62 | CFG-PD | Citizens Financial | PairCorr |
| 0.56 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
| 0.56 | KB | KB Financial Group Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Camden National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camden National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Camden National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Camden National to buy it.
The correlation of Camden National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Camden National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camden National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Camden National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camden National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Camden Stock refer to our How to Trade Camden Stock guide.Note that the Camden National information on this page should be used as a complementary analysis to other Camden National's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Camden Stock analysis
When running Camden National's price analysis, check to measure Camden National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Camden National is operating at the current time. Most of Camden National's value examination focuses on studying past and present price action to predict the probability of Camden National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camden National's price. Additionally, you may evaluate how the addition of Camden National to your portfolios can decrease your overall portfolio volatility.
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Is Camden National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Camden National. If investors know Camden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Camden National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 1.68 | Earnings Share 2.97 | Revenue Per Share 11.069 | Quarterly Revenue Growth (0.18) |
The market value of Camden National is measured differently than its book value, which is the value of Camden that is recorded on the company's balance sheet. Investors also form their own opinion of Camden National's value that differs from its market value or its book value, called intrinsic value, which is Camden National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Camden National's market value can be influenced by many factors that don't directly affect Camden National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Camden National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camden National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camden National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.