Camden National (NASDAQ: CAC – Get an assessment) and Old National Bancorp (NASDAQ: ONB – Get an assessment) are both finance companies, but which company is better? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.

Profitability

This table compares the net margins, return on equity and return on assets of Camden National and Old National Bancorp.

Analyst Notes

This is a breakdown of the current ratings of Camden National and Old National Bancorp, provided by MarketBeat.

Camden National currently has a consensus price target of $50.00, suggesting a potential upside of 11.68%. Old National Bancorp has a consensus price target of $20.50, suggesting a potential upside of 36.12%. Given Old National Bancorp’s stronger consensus rating and higher upside potential, analysts clearly believe Old National Bancorp is more favorable than Camden National.

Insider and Institutional Ownership

66.0% of Camden National’s shares are held by institutional investors. By comparison, 78.7% of the shares of the former National Bancorp are held by institutional investors. 2.7% of Camden National’s shares are held by insiders. By comparison, 0.7% of the shares of the former National Bancorp are held by insiders. Strong institutional ownership indicates that hedge funds, endowments, and large fund managers believe a stock is poised for long-term growth.

Volatility and risk

Camden National has a beta of 0.81, suggesting its stock price is 19% less volatile than the S&P 500. Comparatively, Old National Bancorp has a beta of 0.8, suggesting its stock price stock is 20% less volatile than the S&P 500.

Benefits and evaluation

This table compares the revenue, earnings per share and valuation of Camden National and Old National Bancorp.

Old National Bancorp has higher revenues and profits than Camden National. Camden National trades at a lower price-to-earnings ratio than Old National Bancorp, indicating that it is currently the more affordable of the two stocks.

Dividends

Camden National pays an annual dividend of $1.60 per share and has a dividend yield of 3.6%. Old National Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 3.7%. Camden National pays 36.2% of its profits as a dividend. Old National Bancorp pays 54.9% of its profits as a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings over the next few years. Camden National has increased its dividend for 1 consecutive years.

Summary

Old National Bancorp beats Camden National on 9 out of 17 factors compared between the two stocks.

About Camden National (Get an assessment)

Camden National Corporation operates as a bank holding company for Camden National Bank which provides a variety of commercial and consumer banking products and services to consumer, institutional, municipal, non-profit and commercial customers. The Company accepts Checking, Savings, Term and Negotiated Deposits, as well as deposits with the Certificate of Deposit Account Registration System. It also offers non-owner occupied commercial real estate loans, owner occupied commercial real estate loans, fully secured unsecured commercial loans backed by the U.S. Small Business Administration, property secured loans from one to four families and consumer goods and real estate. loans. In addition, the company provides brokerage and insurance services through its financial offerings including college education, retirement, estate planning, mutual funds, strategic asset management accounts and annuities. variable and fixed. Additionally, it offers a range of trust and asset management, wealth management, investment management, financial planning and fiduciary services. As of December 31, 2021, the company had 57 branches in Maine; a residential mortgage office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan origination office in Manchester; and an online residential mortgage and small digital business lending platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

About the former national bank (Get an assessment)

Old National Bancorp operates as a bank holding company for Old National Bank which provides various financial services to individuals and businesses in the United States. It accepts deposit accounts, including non-interest-bearing current accounts, interest-bearing checks, negotiable withdrawal orders, savings and money market accounts, and term deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit and leasing. The Company also provides debit and ATM cards, telephone access, online banking and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advice and other traditional banking services; wealth management, investment and foreign exchange services; and cash management, merchant, health savings and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.

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