Camden National Corporation · NASDAQ:CAC
Camden National — Shareholder Meeting (April 2021)
12 slides from Camden National's shareholder meeting presentation, Apr 27, 2021
Slide 1: Presenters
Presenters: Larry Sterrs Director and Chair of the Board of Directors Greg Dufour President and Chief Executive Officer Greg White Chief Financial Officer Recording Secretary: Joanne Campbell Executive Vice President, Risk Management Inspector of Election: Mike Archer Senior Vice President, Corporat
Slide 2: 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 3: 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 4: 2020 Financial Performance
2020 Financial Performance Net Income Cin millions) $59.5 ual Return on Assets 1.30% 1.23% Return on Tangible Equity 15.99% 14.79% Diluted Earnings Per Share $3.69 $3.95 Dividends Per Share $1.23 $1.32 1) Non-GAAP financial measure. 2019 2020 CORPORATION
Slide 5: 1st Quarter 2021 Financial Performance
1st Quarter 2021 Financial Performance Net Income cin millions) Q12020 _Q12021 Return on Assets 1.21% 1.62% Return on Tangible Equity 14.35% 18.47% Diluted Earnings Per Share $0.89 $1.31 Dividends Per Share $0.33 $0.36 1) Non-GAAP financial measure. Q1'20 Qi'21 ¢ Cader NATIONAL CORPORATION
Slide 6: 1Q '20 2Q '20 3Q '20 4Q '20 1Q '21 1Q '20 2Q '20
1Q '20 2Q '20 3Q '20 4Q '20 1Q '21 1Q '20 2Q '20 3Q '20 4Q '20 1Q '211Q '20 2Q '20 3Q '20 4Q '20 1Q '21
Slide 7: Five Year Total Return
Five Year Total Return April 1, 2016 to March 31, 2021 Russell 2000 109.97% Camden National Corporation 88.93% SNL $1B to $5B Bank Index Proxy Peer Average 56.23% Proxy Peer - Average of 18 publicly traded commercial and savings banks in the Northeast. Source: SNL Financial_- Total Return includes s
Slide 8: Camden National Corporation
Camden National Corporation Largest publicly traded bank headquartered in Northern New England ¢ $5.1 billion in assets * 57 banking centers located in Maine * 1 banking center and 1 loan production office in New Hampshire * 2 loan production offices in Massachusetts * Approximately $690 million mar
Slide 9: Responsive and Ready to Serve our Customers
Responsive and Ready to Serve our Customers In 2020, we saw a dramatic shift to our digital resources. 17 million digital banking logins vs. 2.1 million teller transactions ~ Cumaat NATIONAL CORPORATION 32% increase in Call Center activity 41% increase in secure online chat 39% of funded mortgages s
Slide 10: Financial Empowerment
Financial Empowerment Pandemic Resilient & Adaptive. We are focused on capitalizing on our investments in industry-leading technology to optimize the customer and employee experience, whether in person or virtually. > Introduced and rapidly increased banking by appointment usage. » We hosted educati
Slide 11: Hyper Connected to our Customers & Employees
Hyper Connected to our Customers & Employees Bok O In the last year, 121 employees joined us ¢ Many have not yet set foot in a Camden National Bank location Work from Home Enablement ‘} 75% of our non-banking center employees work remotely & Highly engaged workforce Leveraged internal communication
Slide 12: Stock Price and Dividend Trend
Stock Price and Dividend Trend Stock Performance Quarterly Dividend Declared $60.00 $5000 $45.82 S788 $033 $0.33 = $0.33. $0.33 oe $40.00 $30.00 $20.00 $10.00 $- 12/3/2019 3/31/2020 6/30/2020 9/30/2020 12/31/2020 3/31/2021 Q1'20 Q2'20 Q3'20 Q4'20 Qi ¢ Cay NATIONAL CORPORATION