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.
Business in brief CAMDEN: CAMDEN NATIONAL POSTS EARNINGS BOOST
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