Camden National Corporation (NASDAQ:CAC) Q4 2023 Earnings Conference Call January 30, 2024 3:00 PM ET

Company Participants

Simon Griffiths - President and CEO

Mike Archer - EVP and CFO

Conference Call Participants

Steve Moss - Raymond James

Damon DelMonte - KBW

Matthew Breese - Stephens Inc.

Operator

Good day, and welcome to Camden National Corporation's Fourth Quarter 2023 Earnings Conference Call. My name is Cole, and I'll be the operator for today's call. [Operator Instructions].

Please note that this presentation contains forward-looking statements, which involve significant risks and uncertainties that may cause actual results to vary materially from those projected in forward-looking statements. Additional information concerning factors that could cause actual results to differ, supplemental earnings materials, the company's 2022 annual report on Form 10-K and other filings from the SEC. The company does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the forward-looking statements are made. Any references in today's presentation to non-GAAP financial measures are intended to provide meaningful insights and are reconciled with GAAP in your press release today.

Today's presenters are Simon Griffiths, President and Chief Executive Officer; and Mike Archer, Executive Vice President and Chief Financial Officer. Please note that this event is being recorded.

At this time, I would like to turn this conference over to Simon Griffiths. Please go ahead.

Simon Griffiths

Good afternoon. Thank you, Cole, and welcome to Camden National Corporation's fourth quarter 2023 earnings call.

I'd like to start by introducing myself. I joined Camden National Corporation last November and took over as the President and Chief Executive Officer on January 1, and it's an absolute pleasure and honor to join the company. Since joining, I've been impressed with the strength of the management team and their focus on delivering an outstanding experience for our customers.

As I meet with team members and their customers, I've come to realize how deeply rooted Camden National is in the communities we serve, and my first months with the company have confirmed for me the pivotal role we play from large commercial customers to small business owners. There is strong momentum for these businesses to grow, and our teammates can deliver the products and services and have the customer relationships to guide them along the way.

I'm also impressed by the robust technology advancements the company has made. The team has been driving innovation and utilizing sophisticated tools to automate process, leverage data and deliver digital products to aid our customers and our team members.