Camden National Corporation · NASDAQ:CAC
Camden National — Shareholder Meeting (April 2022)
11 slides from Camden National's shareholder meeting presentation, Apr 26, 2022
Slide 1: Larry Sterrs, Director and Chair of the Board
Larry Sterrs Director and Chair of the Board of Directors ¢ Conde NATIONAL CORPORATION
Slide 2: Presenters
Presenters: Larry Sterrs Director and Chair of the Board of Directors Greg Dufour President and Chief Executive Officer Mike Archer Chief Financial Officer Recording Secretary: Joanne Campbell Executive Vice President, Enterprise Risk Management and Chief Risk Officer Inspector of Election: Brandon
Slide 3: Mike Archer, Chief Financial Officer
Mike Archer Chief Financial Officer ¢ Conde NATIONAL CORPORATION
Slide 4: Forward Looking Statements
Forward Looking Statements This presentation contains certain statements that may be considered forward-looking statements under the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including certain plans, exceptions, goals, projections, and statements, which are
Slide 5: Non-GAAP Financial Measures
Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures. Management uses these non-GAAP financial measures for purposes of measuring our performance against our peer group and other financial institutions and analyzing our internal performance. These non-GAAP finan
Slide 6: 2021 Financial Highlights
2021 Financial Highlights Net Income Cin millions) 2020 2021 Financial Performance Return on Assets 1.23% 1.31% Return on Tangible Equity 14.79% 15.61% Efficiency Ratio 52.56% 54.85% Diluted Earnings Per Share $3.95 $4.60 Dividends Per Share $1.32 $1.48 Asset Quality NPAs / Total Assets 0.22% 0.13%
Slide 7: 1st Quarter 2022 Financial Highlights
1s* Quarter 2022 Financial Highlights Net Income Cin millions) Q1 2021 Q1 2022 Financial Performance Return on Assets 1.62% 1.26% Return on Tangible Equity 18.47% 16.01% Efficiency Ratio 50.96% 56.47% Diluted Earnings Per Share $1.31 $1.13 Dividends Per Share $0.40 $0.36 Asset Quality NPAs / Total A
Slide 8: Greg Dufour, President and Chief Executive Officer
Greg Dufour President and Chief Executive Officer © Camde NATIONAL CORPORATION
Slide 9: Share Performance vs S&P U.S. Banks Index
38.87% 35.97% -0.76% -12.26% Camden National Corporation S&P U.S. Banks Index $35.78 $48.16 $47.02
Slide 10: Deposit Mix
57% 32% 7% 4% 12/31/2021 Brokered Deposits CDs Savings and Money Market Checking $4.6
Slide 11: Diversity, Equity and Inclusion and Paperless Initiatives
Created a Diversity, Equity, and Inclusion Council to implement and advance strategic DET initiatives MILLION pages of paper saved by encouraging (ft paperless statements N 1 sing Camden. | NATIONAL & CORPORATION