Camden National Corporation (CAC) Balance Sheet
CAC balance sheet, 2025
December 31, 2025 · U.S. dollars$6.97B assets = $6.28B liabilities + $696.6M equity
Both columns are drawn to the same scale: what CAC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CAC financial health
Descriptive bands, not a rating. Fiscal 2025.
CAC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.86B2016 | $6.97B2025 | +6.8%/yr | |
| Total liabilities | $3.47B2016 | $6.28B2025 | +6.8%/yr | |
| Shareholders’ equity | $391.5M2016 | $696.6M2025 | +6.6%/yr | |
| Cash & short-term investments | $867.6M2016 | $1.03B2025 | +1.9%/yr | |
| Total debt | $599.7M2016 | $644.3M2025 | +0.8%/yr | |
| Net cash (debt) | $267.9M2016 | $383.6M2025 | +$115.7M | |
| Working capital | −$2.53B2016 | $446.1M2025 | +$3.0B | |
| Book value per share | $25.252016 | $41.072025 | +5.6%/yr | |
| Debt / equity | 1.532016 | 0.922025 | −0.61 | |
| Shares outstanding | 15.5M2016 | 17.0M2025 | +1.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CAC assets
CAC liabilities and equity
CAC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CAC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.03B | $792.8M | $725.6M | $771.3M | $1.73B | $1.26B | $993.8M | $977.7M | $892.9M | $867.6M |
| Cash & equivalents | $97.5M | $215.0M | $99.8M | $75.4M | $220.6M | $145.8M | $75.6M | $67.0M | $103.0M | $87.7M |
| Short-term investments | $930.4M | $577.8M | $625.8M | $695.9M | $1.51B | $1.12B | $918.1M | $910.7M | $789.9M | $779.9M |
| Receivables | $18.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.7M |
| Inventory | $0 | $0 | $0 | $0 | $165,000 | $236,000 | $94,000 | $130,000 | $130,000 | $922,000 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1.03B | $787.5M | $725.6M | $771.3M | $1.73B | $1.26B | $993.8M | $977.7M | $892.9M | $876.2M |
| Property, plant & equipment (net) | $51.3M | $37.1M | $35.0M | $36.0M | $37.8M | $39.9M | $41.8M | $42.5M | $41.9M | $42.9M |
| Goodwill & intangible assets | $194.1M | $95.1M | $95.7M | $96.3M | $96.9M | $97.5M | $98.2M | $98.9M | $99.7M | $101.5M |
| Long-term investments | $1.42B | $1.12B | $1.18B | $1.26B | $1.52B | $1.13B | $3.08B | $3.01B | $2.77B | $2.59B |
| Other non-current assets | $4.28B | $3.77B | $3.68B | $3.51B | $2.11B | $2.37B | $214.0M | $172.4M | $264.6M | $257.4M |
| Total assets | $6.97B | $5.81B | $5.71B | $5.67B | $5.50B | $4.90B | $4.43B | $4.30B | $4.07B | $3.86B |
| Liabilities | ||||||||||
| Accounts payable | — | — | $92.1M | $84.1M | $94.2M | $117.4M | $80.5M | $55.6M | $50.0M | $44.5M |
| Short-term debt | $581.8M | $500.6M | $485.6M | $265.2M | $211.6M | $162.4M | $268.8M | $271.0M | $542.1M | $530.2M |
| Deferred revenue | — | — | −$92.1M | — | — | — | — | — | −$244.6M | −$230.6M |
| Total current liabilities | $581.8M | $5.13B | $5.18B | $5.18B | $4.91B | $4.29B | $3.89B | $3.79B | $3.59B | $3.40B |
| Long-term debt | $62.5M | $44.3M | $44.3M | $44.3M | $44.3M | $59.3M | $69.1M | $70.6M | $69.6M | $69.5M |
| Other long-term liabilities | $1.05B | $95.8M | $0 | $0 | $0 | $25.0M | $0 | $0 | $0 | $0 |
| Total liabilities | $6.28B | $5.27B | $5.22B | $5.22B | $4.96B | $4.37B | $3.96B | $3.86B | $3.66B | $3.47B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $215.8M | $116.4M | $115.6M | $115.1M | $123.1M | $131.1M | $139.1M | $158.2M | $156.9M | $156.0M |
| Retained earnings (deficit) | $545.1M | $509.5M | $481.0M | $462.2M | $424.4M | $377.5M | $340.6M | $302.0M | $266.7M | $249.4M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$64.4M | −$94.6M | −$101.6M | −$126.0M | −$6.2M | $20.7M | −$6.3M | −$24.4M | −$20.2M | −$13.9M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $696.6M | $531.2M | $495.1M | $451.3M | $541.3M | $529.3M | $473.4M | $435.8M | $403.4M | $391.5M |
| Key figures | ||||||||||
| Total debt | $644.3M | $545.0M | $529.9M | $309.5M | $255.9M | $246.8M | $337.9M | $341.5M | $611.5M | $599.7M |
| Net cash (debt) | $383.6M | $247.8M | $195.7M | $461.8M | $1.47B | $1.01B | $655.9M | $636.2M | $281.4M | $267.9M |
| Working capital | $446.1M | −$4.35B | −$4.45B | −$4.40B | −$3.19B | −$3.02B | −$2.89B | −$2.81B | −$2.70B | −$2.53B |
| Tangible book value | $502.5M | $436.1M | $399.4M | $355.0M | $444.4M | $431.8M | $375.2M | $336.9M | $303.8M | $290.1M |
| Book value per share | $41.07 | $36.30 | $33.89 | $30.70 | $36.15 | $35.23 | $30.64 | $27.89 | $25.88 | $25.25 |
| Shares outstanding | 17.0M | 14.6M | 14.6M | 14.7M | 15.0M | 15.0M | 15.5M | 15.6M | 15.6M | 15.5M |
| Current ratio | 1.77 | 0.15 | 0.14 | 0.15 | 0.35 | 0.29 | 0.26 | 0.26 | 0.25 | 0.26 |
| Quick ratio | 1.80 | 0.15 | 0.14 | 0.15 | 0.35 | 0.29 | 0.26 | 0.26 | 0.25 | 0.26 |
| Debt / equity | 0.92 | 1.03 | 1.07 | 0.69 | 0.47 | 0.47 | 0.71 | 0.78 | 1.52 | 1.53 |
| Equity / assets | 10.0% | 9.2% | 8.7% | 8.0% | 9.8% | 10.8% | 10.7% | 10.1% | 9.9% | 10.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $99.9M | $62.5M | $1.03B | $988.6M | $952.5M | $1.04B | $792.8M | $717.6M | $660.9M | $754.0M | $725.6M | $742.3M |
| Cash & equivalents | $99.9M | $62.5M | $97.5M | $98.8M | $113.8M | $219.4M | $215.0M | $139.5M | $105.6M | $176.7M | $99.8M | $211.5M |
| Short-term investments | $892.2M | $901.6M | $930.4M | $889.8M | $838.7M | $819.9M | $577.8M | $578.1M | $555.3M | $577.3M | $625.8M | $530.8M |
| Receivables | $0 | $20.0M | $18.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $99.9M | $82.5M | $1.03B | $988.6M | $952.5M | $1.04B | $792.8M | $717.6M | $660.9M | $754.0M | $725.6M | $742.3M |
| Property, plant & equipment (net) | $51.5M | $51.5M | $51.3M | $50.6M | $53.4M | $53.2M | $37.1M | $35.8M | $35.0M | $34.8M | $35.0M | $35.1M |
| Goodwill & intangible assets | $342.9M | $192.7M | $194.1M | $195.6M | $197.0M | $200.8M | $95.1M | $95.3M | $95.4M | $95.5M | $95.7M | $95.8M |
| Long-term investments | $1.36B | $1.38B | $1.42B | $1.39B | $1.37B | $1.36B | $1.12B | $1.13B | $1.12B | $1.15B | $1.18B | $1.16B |
| Other non-current assets | $5.10B | $5.26B | $4.28B | $4.36B | $4.34B | $4.31B | $3.76B | $3.76B | $3.82B | $3.76B | $3.68B | $3.75B |
| Total assets | $6.95B | $6.96B | $6.97B | $6.98B | $6.92B | $6.96B | $5.81B | $5.75B | $5.72B | $5.79B | $5.71B | $5.78B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | $92.1M | $123.5M |
| Short-term debt | $508.4M | $515.3M | $581.8M | $748.5M | $599.4M | $567.4M | $500.6M | $516.3M | $552.6M | $601.5M | $485.6M | $470.1M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | −$92.1M | — |
| Total current liabilities | $508.4M | $515.3M | $581.8M | $6.15B | $6.11B | $6.16B | $5.13B | $5.09B | $5.07B | $5.15B | $5.18B | $5.27B |
| Long-term debt | $62.7M | $62.6M | $62.5M | $62.4M | $61.4M | $61.3M | $44.3M | $44.3M | $44.3M | $44.3M | $44.3M | $44.3M |
| Other long-term liabilities | $5.65B | $5.67B | $1.05B | $91.4M | $92.5M | $98.5M | $95.8M | $79.4M | $105.1M | $95.9M | $0 | $0 |
| Total liabilities | $6.23B | $6.25B | $6.28B | $6.31B | $6.27B | $6.32B | $5.27B | $5.22B | $5.22B | $5.29B | $5.22B | $5.32B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $213.0M | $214.7M | $215.8M | $215.1M | $214.4M | $213.6M | $116.4M | $116.1M | $115.5M | $116.4M | $115.6M | $114.8M |
| Retained earnings (deficit) | $575.8M | $559.9M | $545.1M | $529.7M | $515.7M | $508.7M | $509.5M | $500.9M | $494.0M | $488.1M | $481.0M | $478.7M |
| Accumulated other comprehensive income | −$62.9M | −$64.6M | −$64.4M | −$68.4M | −$77.9M | −$82.3M | −$94.6M | −$87.1M | −$101.2M | −$103.0M | −$101.6M | −$130.2M |
| Total shareholders' equity | $725.9M | $710.0M | $696.6M | $676.4M | $652.1M | $640.1M | $531.2M | $529.9M | $508.3M | $501.6M | $495.1M | $463.3M |
| Key figures | ||||||||||||
| Total debt | $571.1M | $602.7M | $644.3M | $810.9M | $660.7M | $628.7M | $545.0M | $560.7M | $596.9M | $645.8M | $529.9M | $514.5M |
| Net cash (debt) | −$471.2M | −$540.3M | $383.6M | $177.7M | $291.8M | $410.6M | $247.8M | $156.9M | $63.9M | $108.2M | $195.7M | $227.8M |
| Working capital | −$408.5M | −$432.8M | $446.1M | −$5.16B | −$5.16B | −$5.13B | −$4.34B | −$4.37B | −$4.41B | −$4.40B | −$4.45B | −$4.53B |
| Tangible book value | $383.0M | $517.3M | $502.5M | $480.9M | $455.1M | $439.3M | $436.1M | $434.6M | $412.9M | $406.0M | $399.4M | $367.5M |
| Book value per share | $42.79 | $41.85 | $41.07 | $39.70 | $38.28 | $37.57 | $36.22 | $36.48 | $34.70 | $34.29 | $33.88 | $31.74 |
| Shares outstanding | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 14.7M | 14.5M | 14.6M | 14.6M | 14.6M | 14.6M |
| Current ratio | 0.20 | 0.16 | 1.77 | 0.16 | 0.16 | 0.17 | 0.15 | 0.14 | 0.13 | 0.15 | 0.14 | 0.14 |
| Quick ratio | 0.20 | 0.16 | 1.80 | 0.16 | 0.16 | 0.17 | 0.15 | 0.14 | 0.13 | 0.15 | 0.14 | 0.14 |
| Debt / equity | 0.79 | 0.85 | 0.92 | 1.20 | 1.01 | 0.98 | 1.03 | 1.06 | 1.17 | 1.29 | 1.07 | 1.11 |
| Equity / assets | 10.4% | 10.2% | 10.0% | 9.7% | 9.4% | 9.2% | 9.2% | 9.2% | 8.9% | 8.7% | 8.7% | 8.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 6, 2026); data from EODHD.
CAC financial position
At the end of fiscal 2025 (December 31, 2025), Camden National had total assets of $7.0 billion (up 20.1% from a year earlier), total liabilities of $6.3 billion and shareholders' equity of $696.6 million. It held $1.0 billion in cash and short-term investments against $644.3 million of debt, a net cash position of $383.6 million. Its current ratio was 1.77. In the latest quarter (ended June 30, 2026) total assets were $7.0 billion and equity $725.9 million.
Related: CAC income statement, CAC cash flow statement, CAC key metrics. See the CAC stock overview for the latest quote and news.
CAC balance sheet FAQ
What are Camden National's total assets?
Camden National reported total assets of $7.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.8 billion a year earlier.
How much debt does Camden National have?
Camden National had $644.3 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.92.
How much cash does Camden National have?
Camden National held $1.0 billion in cash and short-term investments at the end of fiscal 2025; with $644.3 million of debt that is net cash of $383.6 million.
What is Camden National's book value?
Camden National's shareholders' equity (book value) was $696.6 million at the end of fiscal 2025, or $41.07 per share.
What is Camden National's current ratio?
Camden National had current assets of $1.0 billion and current liabilities of $581.8 million, a current ratio of 1.77 (it can cover its short-term obligations).
How much goodwill does Camden National have?
Camden National carried $194.1 million of goodwill and intangible assets, 2.8% of total assets, at the end of fiscal 2025.