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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $64.3M, roughly 1.6× CAMDEN NATIONAL CORP). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -7.0%, a 41.0% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs -4.9%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
CAC vs SWIM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $64.3M | $100.0M |
| Net Profit | $21.9M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | — | -10.7% |
| Net Margin | 34.0% | -7.0% |
| Revenue YoY | — | 14.5% |
| Net Profit YoY | — | 76.0% |
| EPS (diluted) | $1.29 | $-0.06 |
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 | — | ||
| Q4 25 | $68.1M | $100.0M | ||
| Q3 25 | $65.4M | $161.9M | ||
| Q2 25 | $62.3M | $172.6M | ||
| Q1 25 | $60.1M | $111.4M | ||
| Q4 24 | $47.6M | $87.3M | ||
| Q3 24 | $45.0M | $150.5M | ||
| Q2 24 | $42.8M | $160.1M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $-7.0M | ||
| Q3 25 | $21.2M | $8.1M | ||
| Q2 25 | $14.1M | $16.0M | ||
| Q1 25 | $7.3M | $-6.0M | ||
| Q4 24 | $14.7M | $-29.2M | ||
| Q3 24 | $13.1M | $5.9M | ||
| Q2 24 | $12.0M | $13.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | -10.7% | ||
| Q3 25 | 40.5% | 13.3% | ||
| Q2 25 | 28.5% | 14.3% | ||
| Q1 25 | 10.3% | -4.4% | ||
| Q4 24 | 38.7% | -14.9% | ||
| Q3 24 | 35.2% | 8.9% | ||
| Q2 24 | 34.7% | 12.5% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | -7.0% | ||
| Q3 25 | 32.4% | 5.0% | ||
| Q2 25 | 22.6% | 9.3% | ||
| Q1 25 | 12.2% | -5.4% | ||
| Q4 24 | 30.8% | -33.4% | ||
| Q3 24 | 29.1% | 3.9% | ||
| Q2 24 | 28.0% | 8.3% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $-0.06 | ||
| Q3 25 | $1.25 | $0.07 | ||
| Q2 25 | $0.83 | $0.13 | ||
| Q1 25 | $0.43 | $-0.05 | ||
| Q4 24 | $1.00 | $-0.24 | ||
| Q3 24 | $0.90 | $0.05 | ||
| Q2 24 | $0.81 | $0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $514.4M | $279.8M |
| Stockholders' EquityBook value | $710.0M | $405.9M |
| Total Assets | $7.0B | $823.2M |
| Debt / EquityLower = less leverage | 0.72× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $514.4M | — | ||
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M |
| Q1 26 | $710.0M | — | ||
| Q4 25 | $696.6M | $405.9M | ||
| Q3 25 | $676.4M | $408.4M | ||
| Q2 25 | $652.1M | $398.4M | ||
| Q1 25 | $640.1M | $381.1M | ||
| Q4 24 | $531.2M | $387.2M | ||
| Q3 24 | $529.9M | $416.6M | ||
| Q2 24 | $508.3M | $408.1M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $823.2M | ||
| Q3 25 | $7.0B | $844.4M | ||
| Q2 25 | $6.9B | $822.1M | ||
| Q1 25 | $7.0B | $824.6M | ||
| Q4 24 | $5.8B | $794.2M | ||
| Q3 24 | $5.7B | $853.4M | ||
| Q2 24 | $5.7B | $830.0M |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $23.3M |
| Free Cash FlowOCF − Capex | — | $14.1M |
| FCF MarginFCF / Revenue | — | 14.1% |
| Capex IntensityCapex / Revenue | — | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $23.3M | ||
| Q3 25 | $36.1M | $51.0M | ||
| Q2 25 | $6.0M | $36.0M | ||
| Q1 25 | $1.0M | $-46.9M | ||
| Q4 24 | $60.9M | $6.2M | ||
| Q3 24 | $-14.5M | $37.2M | ||
| Q2 24 | $14.5M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $14.1M | ||
| Q3 25 | $35.4M | $45.2M | ||
| Q2 25 | $4.5M | $29.1M | ||
| Q1 25 | $-727.0K | $-50.3M | ||
| Q4 24 | $55.4M | $-98.0K | ||
| Q3 24 | $-16.2M | $33.2M | ||
| Q2 24 | $13.2M | $47.9M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | 14.1% | ||
| Q3 25 | 54.1% | 27.9% | ||
| Q2 25 | 7.3% | 16.8% | ||
| Q1 25 | -1.2% | -45.2% | ||
| Q4 24 | 116.4% | -0.1% | ||
| Q3 24 | -36.0% | 22.1% | ||
| Q2 24 | 30.8% | 29.9% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 9.2% | ||
| Q3 25 | 1.1% | 3.6% | ||
| Q2 25 | 2.4% | 4.0% | ||
| Q1 25 | 2.9% | 3.1% | ||
| Q4 24 | 11.7% | 7.2% | ||
| Q3 24 | 3.8% | 2.7% | ||
| Q2 24 | 3.0% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | — | ||
| Q3 25 | 1.70× | 6.29× | ||
| Q2 25 | 0.43× | 2.25× | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | 6.32× | ||
| Q2 24 | 1.21× | 3.95× |
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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |