CAMDEN, Maine (AP) _ Camden National Corp. (CAC) on Tuesday reported fourth-quarter profit of $16.5 million.

The bank, based in Camden, Maine, said it had earnings of $1.11 per share.

The bank posted revenue of $51.6 million in the period. Its revenue net of interest expense was $48.9 million, exceeding Street forecasts.

For the year, the company reported profit of $69 million, or $4.60 per share. Revenue was reported as $187.2 million.

Camden National shares have climbed 4% since the beginning of the year. The stock has risen 31% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAC at https://www.zacks.com/ap/CAC

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