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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and SHORE BANCSHARES INC (SHBI). Click either name above to swap in a different company.

CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $59.1M, roughly 1.1× SHORE BANCSHARES INC). Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 11.3%).

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

Shore Bancshares Inc. is a U.S. regional bank holding company headquartered in Maryland. It offers a full range of retail and commercial banking services, including deposit products, personal and commercial loans, and wealth management solutions, primarily serving local individual customers, small businesses and mid-sized enterprises in its operating regions.

CAC vs SHBI — Head-to-Head

Bigger by revenue
CAC
CAC
1.1× larger
CAC
$64.3M
$59.1M
SHBI
Faster 2-yr revenue CAGR
CAC
CAC
Annualised
CAC
22.6%
11.3%
SHBI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CAC
CAC
SHBI
SHBI
Revenue
$64.3M
$59.1M
Net Profit
$21.9M
Gross Margin
Operating Margin
35.2%
Net Margin
34.0%
Revenue YoY
11.8%
Net Profit YoY
-3.0%
EPS (diluted)
$1.29
$0.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAC
CAC
SHBI
SHBI
Q1 26
$64.3M
Q4 25
$68.1M
$59.1M
Q3 25
$65.4M
$56.4M
Q2 25
$62.3M
$56.6M
Q1 25
$60.1M
$53.0M
Q4 24
$47.6M
$52.9M
Q3 24
$45.0M
$50.5M
Q2 24
$42.8M
$50.6M
Net Profit
CAC
CAC
SHBI
SHBI
Q1 26
$21.9M
Q4 25
$22.6M
Q3 25
$21.2M
$14.3M
Q2 25
$14.1M
$15.5M
Q1 25
$7.3M
$13.8M
Q4 24
$14.7M
Q3 24
$13.1M
$11.2M
Q2 24
$12.0M
$11.2M
Operating Margin
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
41.5%
35.2%
Q3 25
40.5%
33.7%
Q2 25
28.5%
36.5%
Q1 25
10.3%
34.4%
Q4 24
38.7%
34.3%
Q3 24
35.2%
29.6%
Q2 24
34.7%
29.7%
Net Margin
CAC
CAC
SHBI
SHBI
Q1 26
34.0%
Q4 25
33.1%
Q3 25
32.4%
25.5%
Q2 25
22.6%
27.4%
Q1 25
12.2%
26.0%
Q4 24
30.8%
Q3 24
29.1%
22.1%
Q2 24
28.0%
22.2%
EPS (diluted)
CAC
CAC
SHBI
SHBI
Q1 26
$1.29
Q4 25
$1.33
$0.48
Q3 25
$1.25
$0.43
Q2 25
$0.83
$0.46
Q1 25
$0.43
$0.41
Q4 24
$1.00
$0.39
Q3 24
$0.90
$0.34
Q2 24
$0.81
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAC
CAC
SHBI
SHBI
Cash + ST InvestmentsLiquidity on hand
$355.6M
Total DebtLower is stronger
$514.4M
$89.1M
Stockholders' EquityBook value
$710.0M
$589.9M
Total Assets
$7.0B
$6.3B
Debt / EquityLower = less leverage
0.72×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
$355.6M
Q3 25
$416.5M
Q2 25
$185.0M
Q1 25
$389.0M
Q4 24
$459.9M
Q3 24
$183.6M
Q2 24
$138.9M
Total Debt
CAC
CAC
SHBI
SHBI
Q1 26
$514.4M
Q4 25
$89.1M
Q3 25
$74.5M
Q2 25
$74.2M
Q1 25
$74.0M
Q4 24
$73.7M
Q3 24
$123.5M
Q2 24
$122.8M
Stockholders' Equity
CAC
CAC
SHBI
SHBI
Q1 26
$710.0M
Q4 25
$696.6M
$589.9M
Q3 25
$676.4M
$577.2M
Q2 25
$652.1M
$565.2M
Q1 25
$640.1M
$552.5M
Q4 24
$531.2M
$541.1M
Q3 24
$529.9M
$533.3M
Q2 24
$508.3M
$522.8M
Total Assets
CAC
CAC
SHBI
SHBI
Q1 26
$7.0B
Q4 25
$7.0B
$6.3B
Q3 25
$7.0B
$6.3B
Q2 25
$6.9B
$6.0B
Q1 25
$7.0B
$6.2B
Q4 24
$5.8B
$6.2B
Q3 24
$5.7B
$5.9B
Q2 24
$5.7B
$5.9B
Debt / Equity
CAC
CAC
SHBI
SHBI
Q1 26
0.72×
Q4 25
0.15×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.23×
Q2 24
0.23×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAC
CAC
SHBI
SHBI
Operating Cash FlowLast quarter
$62.4M
Free Cash FlowOCF − Capex
$59.2M
FCF MarginFCF / Revenue
100.2%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$110.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
$63.9M
$62.4M
Q3 25
$36.1M
$42.5M
Q2 25
$6.0M
$-8.3M
Q1 25
$1.0M
$19.8M
Q4 24
$60.9M
$46.9M
Q3 24
$-14.5M
$9.1M
Q2 24
$14.5M
$3.0M
Free Cash Flow
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
$58.2M
$59.2M
Q3 25
$35.4M
$41.9M
Q2 25
$4.5M
$-9.2M
Q1 25
$-727.0K
$18.8M
Q4 24
$55.4M
$41.7M
Q3 24
$-16.2M
$8.4M
Q2 24
$13.2M
$1.4M
FCF Margin
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
85.5%
100.2%
Q3 25
54.1%
74.3%
Q2 25
7.3%
-16.3%
Q1 25
-1.2%
35.4%
Q4 24
116.4%
78.8%
Q3 24
-36.0%
16.7%
Q2 24
30.8%
2.9%
Capex Intensity
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
8.4%
5.4%
Q3 25
1.1%
1.0%
Q2 25
2.4%
1.6%
Q1 25
2.9%
1.9%
Q4 24
11.7%
9.9%
Q3 24
3.8%
1.2%
Q2 24
3.0%
3.1%
Cash Conversion
CAC
CAC
SHBI
SHBI
Q1 26
Q4 25
2.83×
Q3 25
1.70×
2.96×
Q2 25
0.43×
-0.54×
Q1 25
0.14×
1.44×
Q4 24
4.15×
Q3 24
-1.11×
0.81×
Q2 24
1.21×
0.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

SHBI
SHBI

Segment breakdown not available.

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