Demonstrações financeiras detalhadas de Camden National Corp. (CAC): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Camden National Corp. registou receitas de $367.3M no último exercício, com um CAGR de 5 anos de 12.5%. O lucro líquido atingiu $65.2M, com CAGR de 5 anos de 1.8%.
Margens dos últimos 12 meses: margem bruta 67.4%, margem operacional 25.6%, margem líquida 25.6%. O fluxo de caixa livre cresceu a CAGR de 30.6% em 5 anos.
Ao preço atual de $57.12, CAC negocia a um P/L de 10.73 e um ROE de 12.62%. A capitalização de mercado é de $966M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $165.5M | $171.9M | $186.4M | $207.0M | $203.9M | $193.9M | $208.9M | $250.3M | $289.7M | $367.3M |
| Custo da Receita | $21.8M | $23.8M | $31.8M | $43.7M | $33.3M | $7.9M | $29.6M | $94.2M | $117.6M | $136.7M |
| Lucro Bruto | $143.7M | $148.1M | $154.5M | $163.3M | $170.6M | $186.0M | $179.3M | $156.1M | $172.1M | $230.6M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $47.3M | $49.1M | $51.5M | $54.5M | $57.9M | $61.0M | $62.0M | $60.0M | $64.1M | $59.7M |
| Despesas Operacionais | $86.1M | $85.8M | $88.8M | $91.7M | $96.2M | $99.4M | $102.2M | $102.2M | $106.6M | $149.0M |
| Lucro Operacional | $57.5M | $62.4M | $65.8M | $71.6M | $74.4M | $86.6M | $77.0M | $53.8M | $65.5M | $81.6M |
| EBITDA | $63.9M | $67.9M | $70.3M | $76.2M | $78.9M | $91.0M | $81.2M | $57.8M | $69.3M | $91.5M |
| Despesas com Juros | $16.6M | $20.8M | $31.0M | $40.9M | $20.9M | $11.0M | $25.1M | $94.0M | $117.1M | $117.4M |
| Lucro Antes de Impostos | $57.5M | $62.4M | $65.8M | $71.6M | $74.4M | $86.6M | $77.0M | $53.8M | $65.5M | $78.7M |
| Imposto | $17.5M | $33.9M | $12.7M | $14.4M | $14.9M | $17.6M | $15.6M | $10.5M | $12.5M | $13.5M |
| Lucro Líquido | $40.1M | $28.5M | $53.1M | $57.2M | $59.5M | $69.0M | $61.4M | $43.4M | $53.0M | $65.2M |
| LPA | $2.59 | $1.83 | $3.41 | $3.70 | $3.96 | $4.62 | $4.18 | $2.98 | $3.63 | $3.85 |
| LPA Diluído | $2.57 | $1.82 | $3.40 | $3.69 | $3.95 | $4.60 | $4.17 | $2.97 | $3.62 | $3.84 |
| Ações em Circulação (Diluídas) | $15.5M | $15.6M | $15.6M | $15.5M | $15.0M | $15.0M | $14.7M | $14.6M | $14.6M | $17.0M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $92.6M | $96.2M | $78.4M | $79.0M |
| Lucro Bruto | $60.0M | $68.1M | $52.4M | $52.9M |
| Lucro Operacional | $26.5M | $31.2M | $16.1M | $14.9M |
| EBITDA | $29.2M | $32.7M | $5.5M | $30.7M |
| Lucro Líquido | $21.2M | $22.6M | $21.9M | $23.0M |
| LPA | $1.25 | $1.34 | $1.29 | $1.36 |
| LPA Diluído | $1.25 | $1.33 | $1.29 | $1.35 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $87.7M | $103.0M | $67.0M | $75.6M | $145.8M | $220.6M | $75.4M | $99.8M | $215.0M | $97.5M |
| Investimentos de Curto Prazo | $779.9M | $789.9M | $910.7M | $918.1M | $1.12B | $1.51B | $695.9M | $625.8M | $577.8M | $930.4M |
| Contas a Receber | $8.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $18.4M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $876.2M | $892.9M | $977.7M | $993.8M | $1.26B | $1.73B | $771.3M | $725.6M | $787.5M | $1.03B |
| Imobilizado | $42.9M | $41.9M | $42.5M | $41.8M | $39.9M | $37.8M | $36.0M | $35.0M | $37.1M | 0 |
| Ágio | $94.7M | $94.7M | $94.7M | $94.7M | $94.7M | $94.7M | $94.7M | $94.7M | $94.7M | $151.5M |
| Ativos Intangíveis | $6.8M | $5.0M | $4.2M | $3.5M | $2.8M | $2.2M | $1.6M | $971000 | $415000 | $42.6M |
| Ativos Totais | $3.86B | $4.07B | $4.30B | $4.43B | $4.90B | $5.50B | $5.67B | $5.71B | $5.81B | $6.97B |
| Contas a Pagar | $44.5M | $50.0M | $55.6M | $80.5M | $117.4M | $94.2M | $84.1M | $92.1M | 0 | 0 |
| Dívida de Curto Prazo | $530.1M | $542.0M | $271.0M | $268.8M | $162.4M | $211.6M | $265.2M | $485.6M | $500.6M | $581.8M |
| Passivos Circulantes | $3.40B | $3.59B | $3.79B | $3.89B | $4.29B | $4.91B | $5.18B | $5.18B | $5.13B | $581.8M |
| Dívida de Longo Prazo | $68.8M | $68.8M | $69.1M | $69.1M | $84.3M | $44.3M | $44.3M | $44.3M | $44.3M | $62.5M |
| Passivos Totais | $3.47B | $3.66B | $3.86B | $3.96B | $4.37B | $4.96B | $5.22B | $5.22B | $5.27B | $6.28B |
| Reservas | $249.4M | $266.7M | $302.0M | $340.6M | $377.5M | $424.4M | $462.2M | $481.0M | $509.5M | $545.1M |
| Patrimônio Líquido | $391.5M | $403.4M | $435.8M | $473.4M | $529.3M | $541.3M | $451.3M | $495.1M | $531.2M | $696.6M |
| Dívida Total | $599.7M | $611.5M | $341.5M | $337.9M | $246.8M | $255.9M | $309.5M | $529.9M | $545.0M | $644.3M |
| Dívida Líquida | -$267.9M | -$281.4M | -$636.2M | -$655.9M | -$1.01B | -$1.47B | -$461.8M | -$195.7M | -$247.8M | -$383.6M |
| Capital de Giro | -$2.53B | -$2.70B | -$2.81B | -$2.89B | -$3.02B | -$3.19B | -$4.40B | -$4.45B | -$4.35B | $446.1M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $98.8M | $97.5M | $62.5M | $99.9M |
| Ativos Totais | $6.98B | $6.97B | $6.96B | $6.95B |
| Passivos Totais | $6.31B | $6.28B | $6.25B | $6.23B |
| Patrimônio Líquido | $676.4M | $696.6M | $710.0M | $725.9M |
| Dívida Total | $810.9M | $644.3M | $602.7M | $571.1M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $40.1M | $28.5M | $53.1M | $57.2M | $59.5M | $69.0M | $61.4M | $43.4M | $53.0M | $65.2M |
| Depreciação e Amortização | $6.3M | $5.6M | $4.5M | $4.6M | $4.5M | $4.4M | $4.1M | $4.0M | $3.9M | $11.1M |
| Compensação em Ações | $2.0M | $1.5M | $1.7M | $1.9M | $1.8M | $2.4M | $2.6M | $2.8M | $2.9M | $3.4M |
| Variação Capital de Giro | $10.5M | $12.4M | -$404000 | -$27.6M | -$33.1M | $3.3M | -$4.7M | $6.4M | $349000 | -$15.8M |
| Fluxo de Caixa Operacional | $57.4M | $58.3M | $64.3M | $32.9M | $18.2M | $142.7M | $105.2M | $67.5M | $60.9M | $63.9M |
| CapEx | -$1.7M | -$2.8M | -$5.0M | -$4.3M | -$2.9M | -$1.9M | -$2.2M | -$2.6M | -$5.6M | -$5.7M |
| Aquisições | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $48.3M |
| Recompra de Ações | -$5.7M | 0 | -$27000 | -$20.8M | -$9.7M | -$10.1M | -$10.2M | -$2.0M | -$1.6M | 0 |
| Dividendos Pagos | -$12.4M | -$14.3M | -$17.2M | -$18.6M | -$19.8M | -$21.1M | -$23.5M | -$24.5M | -$24.6M | -$28.5M |
| Fluxo de Caixa Livre | $55.7M | $55.5M | $59.3M | $28.6M | $15.3M | $140.9M | $103.0M | $64.9M | $55.4M | $58.2M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $36.1M | $20.8M | $20.0M | $31.2M |
| CapEx | -$689000 | -$1.8M | -$1.8M | -$1.2M |
| Fluxo de Caixa Livre | $35.4M | $19.0M | $18.2M | $29.9M |
| Dividendos Pagos | -$7.1M | -$7.1M | -$7.1M | -$7.1M |
| Compensação em Ações | $790000 | $666000 | $730000 | $1.3M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +3.9% | +8.4% | +11.1% | -1.5% | -4.9% | +7.7% | +19.8% | +15.7% | +26.8% |
| Crescimento Lucro Líquido (anual) | | -28.9% | +86.4% | +7.8% | +4.0% | +16.0% | -11.0% | -29.4% | +22.2% | +22.9% |
| Crescimento LPA (anual) | | -29.3% | +86.3% | +8.5% | +7.0% | +16.7% | -9.5% | -28.7% | +21.8% | +6.1% |
| Variação de Ações (anual) | | +0.5% | +0.2% | -1.1% | -2.8% | -0.3% | -1.8% | -0.6% | +0.2% | +15.9% |
| Crescimento FCF (anual) | | -0.5% | +6.9% | -51.8% | -46.5% | +820.4% | -26.9% | -37.0% | -14.7% | +5.1% |
| Margem Bruta | 86.8% | 86.1% | 82.9% | 78.9% | 83.7% | 95.9% | 85.8% | 62.3% | 59.4% | 62.8% |
| Margem Operacional | 34.8% | 36.3% | 35.3% | 34.6% | 36.5% | 44.7% | 36.9% | 21.5% | 22.6% | 22.2% |
| Margem EBITDA | 38.6% | 39.5% | 37.7% | 36.8% | 38.7% | 46.9% | 38.9% | 23.1% | 23.9% | 24.9% |
| Margem Líquida | 24.2% | 16.6% | 28.5% | 27.6% | 29.2% | 35.6% | 29.4% | 17.3% | 18.3% | 17.7% |
| Margem FCF | 33.7% | 32.3% | 31.8% | 13.8% | 7.5% | 72.6% | 49.3% | 25.9% | 19.1% | 15.8% |
| Taxa Efetiva de Imposto | 30.4% | 54.3% | 19.3% | 20.1% | 20.0% | 20.3% | 20.3% | 19.4% | 19.0% | 17.2% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $3.60 | $3.56 | $3.80 | $1.85 | $1.02 | $9.41 | $7.01 | $4.44 | $3.78 | $3.43 |
| Dividendo por Ação | $0.80 | $0.92 | $1.10 | $1.20 | $1.32 | $1.41 | $1.60 | $1.68 | $1.68 | $1.68 |
| Ações em Circulação (Básicas) | $15.4M | $15.5M | $15.6M | $15.4M | $15.0M | $14.9M | $14.6M | $14.6M | $14.6M | $16.8M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 12.62% |
| Retorno sobre capital investido | 1.01% |
| Retorno sobre ativos | 1.28% |
| Margem bruta | 67.42% |
| Margem operacional | 25.61% |
| Margem líquida | 25.61% |
Saúde financeira
| Dívida / Patrimônio | 0.79 |
| Liquidez corrente | 0.20 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 17.16 | 23.02 | 10.55 | 12.45 | 9.04 | 10.42 | 9.97 | 12.63 | 11.77 | 11.27 |
| P/VP | 1.75 | 1.62 | 1.29 | 1.50 | 1.01 | 1.33 | 1.35 | 1.11 | 1.17 | 1.05 |
| P/V | 4.14 | 3.80 | 3.01 | 3.43 | 2.63 | 3.70 | 2.92 | 2.19 | 2.15 | 1.99 |
| Margem Bruta | 86.8% | 86.1% | 82.9% | 78.9% | 83.7% | 95.9% | 85.8% | 62.3% | 59.4% | 62.8% |
| Margem Operacional | 34.8% | 36.3% | 35.3% | 34.6% | 36.5% | 44.7% | 36.9% | 21.5% | 22.6% | 22.2% |
| Margem Líquida | 24.2% | 16.6% | 28.5% | 27.6% | 29.2% | 35.6% | 29.4% | 17.3% | 18.3% | 17.7% |