Comparing the current results to its competitors, Camden National reported Revenue increase in the 2 quarter 2026 by 20.49 % year on year. The sales growth was above Camden National's competitors' average revenue growth of 17.99 %, achieved in the same quarter.
Camden National Corp Net Income in the 2 quarter 2026 grew year on year by 63.49%, faster than the Camden National's competitors average income growth of 28.48 %
Camden National's Comment on Competition and Industry Peers
The company operates in Maine, New Hampshire, and select areas of Massachusetts, primarily serving rural markets. Its competitors include local independent banks, branches of regional and national banking organizations, brokerage houses, marketplace lenders, financial technology companies, financial advisors, thrift institutions, and credit unions. Additional competition for deposits and loans comes from insurance companies, money market funds, consumer finance companies, and financing affiliates of consumer durable goods manufacturers. The company also competes for trust, investment management, retirement, foundation, endowment management, and brokerage services with local banks, non-bank entities, brokerage firms, and investment advisors operating in the same market area.
Park National Corporation's business model is centered around providing financial services and solutions to individuals, businesses, and communities. They offer a range of banking products, including loans, deposits, and investment services, with a focus on building strong relationships with customers and supporting local communities.
Oak Valley Bancorp operates as a holding company for Oak Valley Community Bank, providing a range of financial services to individuals and businesses. It generates revenue primarily through interest income from loans and investments, as well as from fees and service charges.
Ohio Valley Banc Corp operates as the bank holding company for Ohio Valley Bank, providing a range of financial services to individuals, businesses, and government entities. Their business model focuses on offering personalized banking solutions, cultivating strong customer relationships, and utilizing their local market expertise to drive growth and profitability.
Old Second Bancorp Inc operates as a bank holding company that provides various banking products and services for individuals and businesses. They offer services such as commercial banking, retail banking, wealth management, and treasury management. Their business model revolves around delivering financial solutions to their customers while striving to generate sustainable growth and profitability within their market.
Orrstown Financial Services Inc operates as a holding company for Orrstown Bank, providing various financial services including commercial banking, consumer banking, and mortgage banking. The company primarily generates revenue through interest income obtained from loans and investments, as well as fees from its banking services.
Sources:
Camden National Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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