Dime Community Bank

Dime Community Bancshares, Inc. operates as a bank holding company. The company is engaged in commercial banking and financial services through its wholly owned subsidiary, Dime Community Bank. It provides deposit and loan products and financial services to local businesses, consumers and municipalities. It offers business banking, commercial lending and personal banking services. The company was founded in 1864 and is headquartered in Hauppauge, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Dime Community Bank posts robust earnings, eyes growth opportunities ahead

Dime Community Bank (DCOM) excelled in Q4 2022 and full-year performance, showcasing strong financials and asset quality.
While challenges like managing margins and deposit betas exist, opportunities in loan growth and portfolio optimization are key focus areas.
Strategic shifts towards C&I and CRE loans, alongside maintaining stable asset quality, position Dime for growth and value creation.
Balancing growth targets with maintaining efficiency and asset quality will be crucial for Dime's success in 2023 and beyond.

Dime Community Bank posts robust Q1 earnings amidst rate challenges

Dime Community Bank's Q1 performance reflects strong earnings growth and stable credit quality.
While facing challenges from the yield curve and historical rate adjustments, the bank remains focused on growth.
Opportunities lie in enhancing loan growth, transitioning to higher yielding assets, and leveraging its strong lending capabilities.
Overall, Dime's strategic moves and financial discipline position it well for future success.

Dime Community Bank reports solid Q2 performance and strategic succession

Dime Community Bank's Q2 performance showcased resilience and growth amidst challenges.
New CEO succession and focus on relationship-based services signal strategic continuity.
Emphasis on technology enhancements and deposit growth positions Dime for future opportunities.
Balancing asset quality, expense management, and growth strategies key for sustained success.

Dime Community Bank excels in Q3 amidst sector challenges

Dime Community Bank's Q3 showcased resilience and strategic focus. Strong deposit growth, stable asset quality, and prudent expense management were key highlights. The bank's emphasis on efficiency and growth avenues bode well for future performance.

Dime Community Bank reports resilient 2023 performance and strategic growth

Dime Community Bank's Q4 2023 performance reflects resilience and strategic growth.
The bank is navigating challenges in loan repricing and expense management.
Opportunities lie in M&A, deposit growth, and optimizing reserves for business banking.

Dime Community Bank posts strong Q1 results, eyes growth opportunities

Dime Community Bank's Q1 2024 performance reflects a strong financial position, strategic growth initiatives, and a focus on revenue generation. While challenges in expense management and loan growth persist, the bank is well-positioned to leverage opportunities in new lending verticals and client support.

Dime Community Bank excels in Q2 2024, eyes repricing opportunities

Dime Community Bank's Q2 2024 performance reflects strong fundamentals, solid asset quality, and strategic growth initiatives. While challenges related to interest rate dynamics persist, the bank is well-positioned to capitalize on upcoming repricing opportunities and drive continued profitability.

Dime Community Bank reports strong Q3 performance amidst margin challenges

Dime Community Bank delivered a solid performance in Q3 2024, marked by growth in deposits, loans, and net interest margin.
While facing challenges related to margin dynamics and credit quality, the bank's strengths in financial health and strategic foresight position it well for future opportunities.
By focusing on market disruption, loan growth, and risk management, Dime Community Bank aims to sustain growth and navigate industry challenges effectively.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Dime Community Bancshares, Inc. is a holding company. It engages in the provision of commercial banking and financial services through its wholly owned subsidiary, Dime Community Bank. The company was founded in 1864 and is headquartered in Hauppauge, NY.

Dime (DCOM) delivered earnings and revenue surprises of -14.29% and 5.01%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Dime (DCOM) Misses Q1 Earnings Estimates

Shares of Dime Community Bancshares (NASDAQ:DCOM) remained flat in pre-market trading after the company reported Q1 results.

Recap: Dime Community Bancshares Q1 Earnings

Dime Community Bancshares Moving On Its Preferred Stock IPO

BROOKLYN, N.Y., Feb.  13, 2020  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced that Fitch Ratings, in a report dated February 11, 2020,  affirmed its investment grade ratings for the Company and the Bank and maintained its Rating Outlook at “Stable”.

Fitch Ratings Affirms Dime Community Bancshares, Inc.’s Ratings at “BBB” with a “Stable” Outlook

BROOKLYN, N.Y., Feb.  05, 2020  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (Nasdaq: DCOM) today announced the closing of its previously announced underwritten public offering of 2,999,200 shares, or $75.0 million in aggregate liquidation preference, of its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Preferred Stock”), with a liquidation preference of $25.00 per share. The underwriters have exercised in full their option to purchase 391,200 shares of Preferred Stock, which is included in the 2,999,200 shares of Preferred Stock referenced above. The Company raised approximately $72.2 million, net of underwriting discounts and estimated expenses, from the offering.

Dime Community Bancshares, Inc. Closes $75.0 Million Public Offering of Preferred Stock

BROOKLYN, N.Y., Jan.  29, 2020  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (Nasdaq: DCOM) today announced that it has priced an underwritten public offering of 2,608,000 shares, or $65,200,000 million in aggregate liquidation preference, of its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Preferred Stock”), with a liquidation preference of $25.00 per share. The Company has granted the underwriters a 30-day option to purchase up to 391,200 additional shares of Preferred Stock.

Dime Community Bancshares, Inc.  - Prices Public Offering of Preferred Stock

Dime Community Bancshares, Inc. (DCOM) CEO Ken Mahon on Q4 2019 Results - Earnings Call Transcript

BROOKLYN, N.Y., Jan.  23, 2020  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share, payable on February 13, 2020 to all stockholders of record as of February 6, 2020. This dividend is the 91st consecutive quarterly cash dividend paid by the Company.

Dime Community Bancshares Declares Quarterly Cash Dividend

BROOKLYN, N.Y., Nov.  01, 2019  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced that Fitch Ratings, in a report dated November 1st, affirmed its investment grade ratings for the Company and the Bank and maintained its Rating Outlook at “Stable”.

Fitch Ratings Affirms  Dime Community Bancshares, Inc.’s Ratings at “BBB” with a “Stable” Outlook

CRE Concentration Ratio declines to 679% CRE Concentration Ratio declines to 679%

Dime Community Bancshares, Inc.’s Business Banking Portfolio Reaches $1.2 Billion or 21% of Total Loans

BROOKLYN, N.Y., Oct.  24, 2019  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share, payable on November 13, 2019 to all stockholders of record as of November 6, 2019. This dividend is the 90th consecutive quarterly cash dividend paid by the Company.

Dime Community Bancshares Declares Quarterly Cash Dividend.

BROOKLYN, N.Y., Oct.  07, 2019  (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended September 30, 2019 after the closing of the U.S. equity markets on Thursday, October 24, 2019.

Dime Community Bancshares to Release Earnings on October 24, 2019

Does Dime (DCOM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Dime (DCOM) is a Great Momentum Stock: Should You Buy?

Dime Community Bancshares, Inc. (DCOM) CEO Kenneth Mahon on Q2 2019 Results - Earnings Call Transcript

Dime (DCOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Dime Community Bank Stock (DCOM)