Dime Community Bancshares, Inc. (DCOM)
| Market Cap | 692.29M |
| Revenue (ttm) | 350.01M |
| Net Income (ttm) | 88.81M |
| Shares Out | 38.83M |
| EPS (ttm) | 2.29 |
| PE Ratio | 7.79 |
| Forward PE | 9.54 |
| Dividend | $1.00 (5.61%) |
| Ex-Dividend Date | Apr 16, 2024 |
| Volume | 179,401 |
| Open | 17.60 |
| Previous Close | 17.73 |
| Day's Range | 17.60 - 17.99 |
| 52-Week Range | 15.57 - 27.91 |
| Beta | 1.12 |
| Analysts | Strong Buy |
| Price Target | 26.70 (+49.75%) |
| Earnings Date | Apr 23, 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, DCOM's revenue was $350.01 million, a decrease of -15.18% compared to the previous year's $412.65 million. Earnings were $88.81 million, a decrease of -38.87%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for DCOM stock is "Strong Buy." The 12-month stock price forecast is $26.7, which is an increase of 49.75% from the latest price.
News
Dime Community Bancshares to Release Earnings on April 23, 2024
HAUPPAUGE, N.Y., April 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 ende...
Dime Bolsters C&I Middle Market Lending Operations
HAUPPAUGE, N.Y., April 11, 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 ...
Dime Announces Expansion of Private and Commercial Bank With Deposit-Focused Group Hires
HAUPPAUGE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced the hiri...
Dime Sponsors Economic Opportunity Council on Long Island
HAUPPAUGE, N.Y., April 04, 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 w...
Dime Announces Availability of Zelle® for Business Customers
HAUPPAUGE, N.Y., March 29, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today the...
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock
HAUPPAUGE, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0....
Dime Announces Significant Expansion of Private and Commercial Bank With Launch of National Deposits Group
HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execu...
Dime Continues Sponsorship for Sunrise Day Camp
HAUPPAUGE, N.Y., March 08, 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 w...
Dime Continues Participation in Federal Home Loan Bank of New York's (FHLBNY) Small Business Recovery Grant Program
HAUPPAUGE, N.Y., Feb. 26, 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 wi...
Dime Announces Continued Partnership with Island Harvest in 2024
HAUPPAUGE, N.Y., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that it will continue its role as a partner with Island Harvest fo...
Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
HAUPPAUGE, N.Y., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of ...
Dime Community Bancshares, Inc. Reports Fourth Quarter 2023 Results
Total Deposits Grow By Over $276 Million on a Year-Over-Year Basis; Growth Driven By Deposit Gathering Group Hires Capital Ratios Continue to Increase and Asset Quality Remains Stable HAUPPAUGE, N.Y.,...
Dime Community Bancshares to Release Earnings on January 26, 2024
HAUPPAUGE, N.Y., Jan. 16, 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 Announces Continued Partnership for the Dime McCarren 5K in 2024
HAUPPAUGE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that it will return as the lead sponsor for the 5th consecutive ye...
Dime Announces Sponsorship for the Brooklyn Public Library PowerUP! Competition
HAUPPAUGE, N.Y., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that it will continue to be the lead sponsor for the 8th consecuti...
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock
HAUPPAUGE, N.Y., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.2...
Dime Community Bancshares, Inc. Reports Third Quarter 2023 Results
Growth in New Commercial Customers Leads to Average Deposits Increasing By $128 Million on a Linked Quarter Basis
Dime Community Bancshares to Release Earnings on October 19, 2023
HAUPPAUGE, N.Y., Oct. 05, 2023 (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 Retirement of Marcia Z. Hefter from Board of Directors
HAUPPAUGE, N.Y., Sept. 28, 2023 (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 Inc. Appoints Judith H. Germano to its Board of Directors
HAUPPAUGE, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced the appoi...
Regional banks facing credit losses for commercial real estate: Moody's study
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
KBRA Releases Surveillance Report for Dime Community Bancshares, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--On June 20, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the short-term ...
Dime Names Daniel Shaya Csillag Head of New Healthcare Vertical
Dime continues to capitalize on disruption in the marketplace from previously announced large M&A transactions involving competitors Dime continues to capitalize on disruption in the marketplace from ...
Dime Community Bancshares, Inc. Reports Second Quarter 2023 Results
Average Deposits Increased By Over $150 Million On A Linked Quarter Basis Successfully Onboarded 7 Deposit Groups, Capitalizing on Moment-In-Time Opportunity to Enhance Deposit Franchise Capital Ratio...
Dime Community Bancshares to Release Earnings on July 28, 2023
HAUPPAUGE, N.Y., July 06, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended...