Camden National Corporation

AI-generated fair value estimate for this company.

Method: Justified price-to-book (residual income) model: $42.96 book value per share (Q2 2026); normalized 11% return on equity; 9.5% cost of equity; 3% long-run growth; justified P/B = (ROE-g)/(CoE-g) = 1.23x applied to book value per share.

Reasoning: Camden National is a traditional community bank where standard revenue/FCF DCF does not apply; a residual-income / justified-P/B framework using book value, a normalized ROE (between its FY2025 10.6% and Q2 2026 annualized 12.9%), and a bank-appropriate cost of equity is the standard approach for valuing a depository institution.