vs
Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and SMARTFINANCIAL INC. (SMBK). Click either name above to swap in a different company.
CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $53.8M, roughly 1.2× SMARTFINANCIAL INC.). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs 25.4%, a 8.6% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 15.4%).
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.
SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.
CAC vs SMBK — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $53.8M |
| Net Profit | $21.9M | $13.7M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 34.0% | 25.4% |
| Revenue YoY | — | — |
| Net Profit YoY | — | 21.6% |
| EPS (diluted) | $1.29 | $0.81 |
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.
| Q1 26 | $64.3M | $53.8M | ||
| Q4 25 | $68.1M | $53.3M | ||
| Q3 25 | $65.4M | $51.1M | ||
| Q2 25 | $62.3M | $49.2M | ||
| Q1 25 | $60.1M | $46.8M | ||
| Q4 24 | $47.6M | $46.8M | ||
| Q3 24 | $45.0M | $44.2M | ||
| Q2 24 | $42.8M | $40.4M |
| Q1 26 | $21.9M | $13.7M | ||
| Q4 25 | $22.6M | $13.7M | ||
| Q3 25 | $21.2M | $13.7M | ||
| Q2 25 | $14.1M | $11.7M | ||
| Q1 25 | $7.3M | $11.3M | ||
| Q4 24 | $14.7M | $9.6M | ||
| Q3 24 | $13.1M | $9.1M | ||
| Q2 24 | $12.0M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | 31.3% | ||
| Q3 25 | 40.5% | 33.2% | ||
| Q2 25 | 28.5% | 29.0% | ||
| Q1 25 | 10.3% | 29.0% | ||
| Q4 24 | 38.7% | 26.5% | ||
| Q3 24 | 35.2% | 24.3% | ||
| Q2 24 | 34.7% | 25.6% |
| Q1 26 | 34.0% | 25.4% | ||
| Q4 25 | 33.1% | 25.7% | ||
| Q3 25 | 32.4% | 26.8% | ||
| Q2 25 | 22.6% | 23.8% | ||
| Q1 25 | 12.2% | 24.0% | ||
| Q4 24 | 30.8% | 20.6% | ||
| Q3 24 | 29.1% | 20.7% | ||
| Q2 24 | 28.0% | 19.8% |
| Q1 26 | $1.29 | $0.81 | ||
| Q4 25 | $1.33 | $0.81 | ||
| Q3 25 | $1.25 | $0.81 | ||
| Q2 25 | $0.83 | $0.69 | ||
| Q1 25 | $0.43 | $0.67 | ||
| Q4 24 | $1.00 | $0.57 | ||
| Q3 24 | $0.90 | $0.54 | ||
| Q2 24 | $0.81 | $0.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $346.1M |
| Total DebtLower is stronger | $514.4M | — |
| Stockholders' EquityBook value | $710.0M | $562.2M |
| Total Assets | $7.0B | $5.9B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $346.1M | ||
| Q4 25 | — | $464.4M | ||
| Q3 25 | — | $557.1M | ||
| Q2 25 | — | $365.1M | ||
| Q1 25 | — | $423.0M | ||
| Q4 24 | — | $387.6M | ||
| Q3 24 | — | $192.9M | ||
| Q2 24 | — | $342.8M |
| Q1 26 | $514.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.3M | ||
| Q2 25 | — | $7.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $8.1M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | — | $12.7M |
| Q1 26 | $710.0M | $562.2M | ||
| Q4 25 | $696.6M | $552.4M | ||
| Q3 25 | $676.4M | $538.4M | ||
| Q2 25 | $652.1M | $519.0M | ||
| Q1 25 | $640.1M | $505.8M | ||
| Q4 24 | $531.2M | $491.3M | ||
| Q3 24 | $529.9M | $489.0M | ||
| Q2 24 | $508.3M | $472.5M |
| Q1 26 | $7.0B | $5.9B | ||
| Q4 25 | $7.0B | $5.9B | ||
| Q3 25 | $7.0B | $5.8B | ||
| Q2 25 | $6.9B | $5.5B | ||
| Q1 25 | $7.0B | $5.4B | ||
| Q4 24 | $5.8B | $5.3B | ||
| Q3 24 | $5.7B | $4.9B | ||
| Q2 24 | $5.7B | $4.9B |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
