Dime Community Bancshares, Inc. (DCOM)

NASDAQ: DCOM · IEX Real-Time Price · USD
18.51
+0.19 (1.04%)
At close: Apr 12, 2024, 4:00 PM
19.15
+0.64 (3.46%)
After-hours: Apr 12, 2024, 5:51 PM EDT
1.04%
Market Cap 718.69M
Revenue (ttm) 350.01M
Net Income (ttm) 88.81M
Shares Out 38.83M
EPS (ttm) 2.29
PE Ratio 8.08
Forward PE 9.74
Dividend $1.00 (5.40%)
Ex-Dividend Date Apr 16, 2024
Volume 162,285
Open 18.01
Previous Close 18.32
Day's Range 17.97 - 18.51
52-Week Range 15.57 - 27.91
Beta 1.12
Analysts Strong Buy
Price Target 26.70 (+44.25%)
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]

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

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 Statements

Analyst 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 44.25% from the latest price.

Price Target
$26.7
(44.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

1 day ago - GlobeNewsWire

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 ...

1 day ago - GlobeNewsWire

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...

3 days ago - GlobeNewsWire

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...

8 days ago - GlobeNewsWire

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...

14 days ago - GlobeNewsWire

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....

15 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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.,...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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.

7 months ago - Market Watch

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 ...

7 months ago - Business Wire

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 ...

7 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire