November 15, 2024
Business

Business in brief CAMDEN: CAMDEN NATIONAL POSTS EARNINGS BOOST

Robert W. Daigle, president and chief executive officer of Camden National Corp., has announced first-quarter 2005 earnings per diluted share of $0.63, up 8.6 percent from $0.58 per diluted share for the first quarter of 2004. Net income after taxes for the first quarter of 2005 was $4.8 million versus $4.5 million recorded during the same period a year ago. “The positive momentum in both financial performance and business activity is a direct result of improving economic conditions in our major market areas, coupled with the beneficial effect of targeted marketing initiatives at both of our affiliate banks,” Daigle said.


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