Dime Community Bancshares, Inc. (DCOM)

Dime Community Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	587.24	554.49	406.6	359.02	216.57	218.16
Interest Income on Investments	56.19	54.87	32.62	25.61	17.44	20.11
Total Interest Income	643.42	609.36	439.23	384.63	234.01	238.27
Interest Paid on Deposits	286.62	219.05	38.43	16.53	33.04	62.08
Interest Paid on Borrowings	55.72	73.74	20.93	10.49	23.27	28.77
Total Interest Expense	342.35	292.79	59.36	27.02	56.3	90.85
Net Interest Income	301.08	316.57	379.86	357.61	177.7	147.42
Net Interest Income Growth (YoY)	-11.25%	-16.66%	6.22%	101.24%	20.54%	0.75%
Gain (Loss) on Sale of Assets	6.69	-	-	-	-	-
Gain (Loss) on Sale of Investments	-0.92	-2.23	1.4	1.84	4.95	0.56
Other Non-Interest Income	31.94	36.73	34.51	31.95	19.91	10.07
Total Non-Interest Income	38.78	36.21	38.16	58.57	27.87	12.17
Non-Interest Income Growth (YoY)	5.37%	-5.11%	-34.86%	110.17%	129.04%	27.77%
Revenues Before Loan Losses	339.86	352.78	418.02	416.18	205.57	159.59
Provision for Loan Losses	26.12	2.77	5.37	6.21	26.17	17.34
Revenue	313.74	350.01	412.65	409.97	179.41	142.25
Revenue Growth (YoY)	-16.71%	-15.18%	0.65%	128.51%	26.12%	-7.39%
Salaries and Employee Benefits	126.1	112.8	115.83	102.92	53.53	50.22
Occupancy Expenses	16.69	16.25	18.79	16.36	9.66	9.59
Federal Deposit Insurance	9.83	8.85	3.9	4.08	2.26	0.61
Amortization of Goodwill & Intangibles	1.23	1.43	1.88	2.62	-	-
Selling, General & Administrative	48.51	46.85	44.85	50.33	26.93	22.85
Other Non-Interest Expense	17.46	17.86	12.54	13.94	6.75	8.34
Total Non-Interest Expense	219.81	204.04	197.79	190.25	99.12	91.61
EBT Excluding Unusual Items	93.93	145.97	214.85	219.72	80.29	50.64
Other Unusual Items	-	-	-0.74	-19.8	-6.05	-3.78
Pretax Income	93.86	136.88	211.92	148.17	54.98	46.86
Income Tax Expense	28.05	40.79	59.36	44.17	12.67	10.68
Net Income	65.81	96.09	152.56	104	42.32	36.19
Preferred Dividends & Other Adjustments	8.53	8.53	8.97	8.5	4.93	0.18
Net Income to Common	57.28	87.57	143.58	95.5	37.39	36
Net Income Growth	-45.09%	-37.01%	46.69%	145.75%	16.95%	-29.45%
Basic Shares Outstanding	38	38	39	39	22	23
Diluted Shares Outstanding	38	38	39	39	22	23
Shares Change (YoY)	0.57%	-0.91%	-0.94%	80.62%	-7.11%	-3.52%
EPS (Basic)	1.49	2.29	3.73	2.45	1.74	1.56
EPS (Diluted)	1.49	2.29	3.73	2.45	1.74	1.55
EPS Growth	-48.72%	-38.53%	52.07%	41.14%	11.99%	-27.22%
Dividend Per Share	1.000	0.990	0.960	0.960	-	0.864
Dividend Growth	2.04%	3.13%	0%	-	-	0%
Effective Tax Rate	29.89%	29.80%	28.01%	29.81%	23.04%	22.78%

Source: S&P Capital IQ. Banks template. Financial Sources.