Camden National Corporation - Common Stock (CAC)

Competitors to Camden National Corporation - Common Stock (CAC)

Bangor Savings Bank

Bangor Savings Bank is a direct competitor to Camden National Corporation, focusing on the Maine market. Both banks offer similar products including personal and business banking, loans, and investment services. Bangor Savings Bank differentiates itself through its strong customer service reputation and local community involvement, which resonates with customers looking for local partnerships in banking.

Community Banking Systems, Inc.

Community Banking Systems, Inc., although smaller in scale, competes by focusing on community banking values and personalized customer service, similar to Camden National Corporation. They aim to attract customers seeking local solutions and supporting regional economic development, though they may not have the same level of resources or extensive product offerings. Their focus on community gives them a niche advantage among certain customer segments.

KeyBank 

KeyBank competes with Camden National Corporation by providing a full array of banking services including personal banking, corporate banking, private banking, and investment services. KeyBank leverages its larger scale to offer a wider array of additional services and technologically advanced banking solutions, giving it a competitive edge over Camden National in terms of resource availability and market presence.

People’s United Bank

People's United Bank competes with Camden National Corporation primarily in the New England region by providing banking, insurance, and investment services. They leverage their extensive branch network and strong branding to offer competitive loan rates and promote personalized customer interactions. While both banks emphasize community involvement, People's United Bank often has the advantage of broader product offerings due to its size.

TD Bank 

TD Bank serves as a major competitor to Camden National Corporation, focusing on retail banking and offering a wide range of financial products and services. The bank's competitive advantage lies in its extensive branch network and its aggressive marketing strategies. TD Bank also emphasizes convenience with extended hours and online banking solutions, making it a preferred choice for many consumers.