July 29, 2008
Camden National posts strong earnings
Camden National Corp. today said its net income for the first six months of the year increased 36.8% over the same period last year, in part because of the company's acquisition of Ellsworth-based Union Bankshares Co. earlier this year.
The Camden company's net income for the first half of the year was $13.3 million, compared with $9.7 million at the same time last year, according to a company press release. Net income for its second quarter, which ended June 30, was $7.1 million, 43.8% above the same period last year.
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