- Due to the scheduled repricing of loans this year, the average portfolio yield, and consequently the net interest margin, will likely face pressure.
- The upcoming maturity of certificates of deposits will ease some of the pressure on the net interest margin.
- The provision expense will likely decline this year because the credit risk has subsided, as gauged by loans requiring payment modifications.
- The year-end target price suggests a small downside from the current market price. Further, Camden National is offering a modest dividend yield.
For further details see:
Camden National: Yield Pressure To Drag Earnings