Dime Community Bancshares, Inc. (DCOM)
| Market Cap | 1.51B |
| Revenue (ttm) | 313.74M |
| Net Income (ttm) | 57.52M |
| Shares Out | 43.64M |
| EPS (ttm) | 1.50 |
| PE Ratio | 23.12 |
| Forward PE | 14.49 |
| Dividend | $1.00 (2.88%) |
| Ex-Dividend Date | Oct 17, 2024 |
| Volume | 150,366 |
| Open | 34.65 |
| Previous Close | 34.80 |
| Day's Range | 33.92 - 34.69 |
| 52-Week Range | 17.29 - 36.05 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 31.17 (-10.15%) |
| Earnings Date | Oct 22, 2024 |
About DCOM
Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans. In addition, the compa... [Read more]
Financial Performance
In 2023, Dime Community Bancshares's revenue was $350.01 million, a decrease of -15.18% compared to the previous year's $412.65 million. Earnings were $87.57 million, a decrease of -39.01%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for DCOM stock is "Buy." The 12-month stock price forecast is $31.17, which is a decrease of -10.15% from the latest price.
News
Dime Community Bancshares: Consider Shifting From Baby Bonds To Preferred Shares
Dime Community Bancshares has seen significant improvements in net interest income due to 6% year-over-year deposit growth. DCOM's loan to deposit ratio has moderated to 95%, reducing external borrowi...
Dime Community Bancshares Announces Closing of Common Stock Offering
HAUPPAUGE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime” or the “Company”), the parent company of Dime Community Bank, announced the closing of its pub...
Dime Community Bancshares Announces Pricing of Common Stock Offering
HAUPPAUGE, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime” or the “Company”), the parent company of Dime Community Bank, announced the pricing of a publi...
Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
HAUPPAUGE, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP and DCOMG) (the “Company”) announced that its Board of Directors declared a quarterly cash divid...
Dime Community Bancshares Inc (DCOM) Q3 2024 Earnings Call Transcript
Dime Community Bancshares Inc (NASDAQ:DCOM) Q3 2023 Results Conference Call October 22, 2024 9:00 AM ET Company Participants Stuart Lubow - President and CEO Avi Reddy - CFO Conference Call Participa...
Dime Community Bancshares, Inc. Reports Third Quarter 2024 Results
Acceleration in Core Deposit Growth Drives Increase in Quarterly Net Interest Margin to 2.50% Balance Sheet Well Positioned to Benefit From Federal Reserve Rate Cuts HAUPPAUGE, N.Y., Oct. 22, 2024 (GL...
Dime Community Bancshares to Release Earnings on October 22, 2024
HAUPPAUGE, N.Y., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended...
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock
HAUPPAUGE, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.25 per...
Dime Enhances Middle Market Lending Presence on Long Island
HAUPPAUGE, N.Y., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it h...
Dime Community Bancshares: New 9% Coupon Baby Bond Offers Attractive Income
Dime Community Bancshares has struggled with higher interest rates and deposit competition. The latest financial results show improvements in net interest spread and income, despite challenges. Baby b...
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while M...
Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
HAUPPAUGE, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP and DCOMG) (the “Company”) announced that its Board of Directors declared a quarterly cash divid...
Dime Community Bancshares, Inc. (DCOM) Q2 2024 Earnings Call Transcript
Dime Community Bancshares, Inc. (NASDAQ:DCOM) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Stuart Lubow - President and Chief Executive Officer Avinash Reddy - Senio...
Dime Community Bancshares, Inc. Reports Second Quarter 2024 Results With Earnings Per Share Increasing By 5% Versus the Prior Quarter
Strong Core Deposit Growth Drives 20 Basis Points of Net Interest Margin Expansion Deposit and Business Loan Growth Driven by Execution of Growth Plan; Successfully Onboarded Eight New Deposit Groups ...
Dime Announces New Westchester Branch
HAUPPAUGE, N.Y., July 19, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it ha...
Dime Community Bancshares to Release Earnings on July 23, 2024
HAUPPAUGE, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended...
Dime Community Bancshares, Inc. Announces Full Exercise of Underwriters' Overallotment Option
HAUPPAUGE, N.Y., July 09, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (NASDAQ: “DCOM”), the parent company of Dime Community Bank (the “Bank”), today announced that in con...
Dime Community Bancshares, Inc. Announces Completion of Subordinated Notes Offering
HAUPPAUGE, N.Y., June 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (NASDAQ: “DCOM”), the parent company of Dime Community Bank (the “Bank”), announced today the complet...
Dime Community Bancshares, Inc. Announces Pricing of Subordinated Notes Offering
HAUPPAUGE, N.Y., June 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), today announced that the pri...
Dime Announces Expansion in Manhattan With Deposit-Focused Group
HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it ha...
Kroll Bond Rating Agency Maintains Dime's Outlook at “Stable” and Affirms Ratings
HAUPPAUGE, N.Y., June 17, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced that Krol...
Dime Names John Murphy Head of New Not-For-Profit Vertical
HAUPPAUGE, N.Y., May 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced today that...
Dime Hires Judy Wu as Executive Vice President, General Counsel and Corporate Secretary
HAUPPAUGE, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that ...
Dime Hires Veteran Long Island Banker
HAUPPAUGE, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that ...
Dime Announces Expansion in Williamsburg With Deposit-Focused Group
HAUPPAUGE, N.Y., May 06, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that it ha...