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Camden National ( (CAC) ) has issued an announcement.
Camden National Corporation announced the receipt of regulatory approvals for its merger with Northway Financial, Inc., with the transaction expected to close by January 2, 2025. This merger, following the approval from Northway shareholders, will expand Camden National’s market reach into New Hampshire and enhance services for customers, with account conversions planned for mid-March 2025.
More about Camden National
Camden National Corporation is Northern New England’s largest publicly traded bank holding company, with $5.7 billion in assets. Founded in 1875, it operates Camden National Bank with 57 branches in Maine and New Hampshire, offering full-service community banking alongside digital banking services. Additionally, it provides comprehensive wealth management, investment, and financial planning services through Camden National Wealth Management.
YTD Price Performance: 17.87%
Average Trading Volume: 57,973
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $616.5M
For an in-depth examination of CAC stock, go to TipRanks’ Stock Analysis page.
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