Camden National Corp. (CAC) vs Horizon Bancorp, Inc. (HBNC)
A side-by-side comparison of Camden National Corp. and Horizon Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — CAC vs HBNC
growth of $100 · dividends reinvested · last 10yCAC vs HBNC: by the numbers
- •HBNC is the larger company ($996M vs $961M market cap).
- •CAC is profitable (25.61% net margin) while HBNC runs a net loss (-150.89%).
- •CAC grew revenue faster over the past five years (11.71% vs -17.66% CAGR).
- •HBNC pays the higher dividend yield (3.33% vs 2.95%).
Metrics side by side
Valuation
| Metric | CAC | HBNC |
|---|---|---|
| P/E ratio | 10.88 | N/A |
| Forward P/E | 10.54 | 9.12 |
| P/S ratio | 2.78 | 10.43 |
| P/B ratio | 1.32 | 1.37 |
Profitability
| Metric | CAC | HBNC |
|---|---|---|
| Operating margin | 25.61% | -197.96% |
| Net margin | 25.61% | -150.89% |
| ROE | 12.21% | -19.83% |
Camden National Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Horizon Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | CAC | HBNC |
|---|---|---|
| Dividend yield | 2.95% | 3.33% |
| Payout ratio | 32.18% | N/A |
Growth (annualized)
| Metric | CAC | HBNC |
|---|---|---|
| Revenue CAGR (5Y) | 11.71% | -17.66% |
| EPS CAGR (5Y) | -0.56% | N/A |
| Total return CAGR (5Y) | 7.59% | 5.42% |
Frequently asked
- Which has grown faster, CAC or HBNC?
- Over the past five years, CAC grew revenue faster — CAC at a 11.71% CAGR versus HBNC at -17.66%.
- Does CAC or HBNC pay a bigger dividend?
- CAC yields 2.95% and HBNC yields 3.33% based on trailing dividends and the latest price.
- Is CAC or HBNC more profitable?
- CAC runs the higher net margin — CAC at 25.61% versus HBNC at -150.89%.
- How have CAC and HBNC total returns compared?
- Over the past 10 years, CAC delivered 10.34% and HBNC delivered 7.82% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Camden National & Horizon Bancorp appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.