Dime Community Bancshares, Inc. (DCOM)

NASDAQ: DCOM · Real-Time Price · USD
30.59
-0.53 (-1.70%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.70%
Market Cap 1.33B
Revenue (ttm) 277.99M
Net Income (ttm) 21.80M
Shares Out 43.62M
EPS (ttm) 0.55
PE Ratio 55.62
Forward PE 10.90
Dividend $1.00 (3.27%)
Ex-Dividend Date Jan 17, 2025
Volume 248,520
Open 31.51
Previous Close 31.12
Day's Range 30.50 - 31.51
52-Week Range 17.29 - 37.60
Beta 1.16
Analysts Strong Buy
Price Target 34.00 (+11.15%)
Earnings Date Jan 23, 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 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]

Sector Financials
IPO Date Jun 26, 1996
Employees 851
Stock Exchange NASDAQ
Ticker Symbol DCOM
Full Company Profile

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 $21.80 million, a decrease of -75.11%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for DCOM stock is "Strong Buy." The 12-month stock price forecast is $34.0, which is an increase of 11.15% from the latest price.

Price Target
$34.0
(11.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day ago - GlobeNewsWire

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...

19 days ago - Seeking Alpha

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...

24 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - Seeking Alpha

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 ...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - GlobeNewsWire