Profit Fan

Camden National Isn't Worried About China At All

Camden National (NASDAQ:CAC) is a consistent performer with a long track record of building a high quality loan portfolio. And, unlike some other old banks that have permanently dropped anchor, Camden is active in deals where it can leverage its low cost structure to squeeze even more profits from on-boarding assets. However, in a volatile market this is all quickly forgotten, and in our case this means shares now trade 15.7% lower than their 52-week high - and more importantly at a price that's attractive for investors looking to build a position.

CAC data by YCharts

Bolting-On Value

Headquartered in Camden, Maine, CAC is a 140-year-old full-service community bank with $3.6 billion in assets. Based on 5-year total

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