Dime Community Bancshares, Inc. (DCOM)
| Market Cap | 1.23B |
| Revenue (ttm) | 277.99M |
| Net Income (ttm) | 21.42M |
| Shares Out | 43.64M |
| EPS (ttm) | 0.55 |
| PE Ratio | 50.85 |
| Forward PE | 9.98 |
| Dividend | $1.00 (3.58%) |
| Ex-Dividend Date | Jan 17, 2025 |
| Volume | 163,420 |
| Open | 28.37 |
| Previous Close | 28.26 |
| Day's Range | 27.88 - 28.81 |
| 52-Week Range | 17.49 - 37.60 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 35.50 (+25.93%) |
| Earnings Date | Apr 22, 2025 |
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 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 company in... [Read more]
Financial Performance
In 2024, Dime Community Bancshares's revenue was $277.99 million, a decrease of -20.58% compared to the previous year's $350.01 million. Earnings were $21.42 million, a decrease of -75.54%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for DCOM stock is "Buy." The 12-month stock price forecast is $35.5, which is an increase of 25.93% from the latest price.
News
Dime Expands Lending Presence on Long Island
HAUPPAUGE, N.Y., March 21, 2025 (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 Announces Expansion in Manhattan With Hire of Jim LoGatto
HAUPPAUGE, N.Y., March 18, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced today th...
Tom Geisel to Join Dime's Senior Executive Leadership Team
HAUPPAUGE, N.Y., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced today tha...
Dime Community Bancshares: Baby Bond Offers An 8.1% Yield To Maturity
Dime Community Bancshares' baby bonds are now a better income option than preferred shares due to recent market movements and stable performance. The bank's net interest margin and net interest spread...
Dime Announces Continued Partnership with Island Harvest in 2025
HAUPPAUGE, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that...
Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
HAUPPAUGE, N.Y., Jan. 23, 2025 (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) Q4 2024 Earnings Call Transcript
Dime Community Bancshares, Inc. (NASDAQ:DCOM) Q4 2024 Earnings Conference Call January 23, 2025 8:30 AM ET Company Participants Stuart Lubow - President & Chief Executive Officer Avi Reddy - Chief Fi...
Dime Community Bancshares, Inc. Reports Fourth Quarter 2024 Results
Strong Growth in Deposits, Business Loans and Capital Ratios on a Year-Over-Year Basis Net Interest Margin Expands by 29 basis points on a Linked Quarter Basis to 2.79% HAUPPAUGE, N.Y., Jan. 23, 2025 ...
Dime Announces Continued Partnership for the Dime McCarren 5K in 2025
HAUPPAUGE, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that...
Dime Community Bancshares to Release Earnings on January 23, 2025
HAUPPAUGE, N.Y., Jan. 10, 2025 (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 Receives “Outstanding” Rating on Community Reinvestment Act Exam from Federal Reserve Bank of New York
HAUPPAUGE, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company”), the parent company of Dime Community Bank (the “Bank” or “Dime”) announced today that...
Dime Community Bancshares, Inc. Announces Retirement of Michael P. Devine from Board of Directors
HAUPPAUGE, N.Y., Dec. 20, 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 Community Bancshares Declares Quarterly Cash Dividend for Common Stock
HAUPPAUGE, N.Y., Dec. 17, 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 Community Bancshares, Inc. Provides Update on Investment Portfolio Repositioning and Pension Termination
HAUPPAUGE, N.Y., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today announced the...
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...