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Dime Community BancsharesNASDAQ: DCOM

Profile

Country:

United States

IPO:

12 January 1999

Next earnings report:

24 January 2025

Last dividends:

17 October 2024

Next dividends:

N/A
$1.32 B
-13%vs. 3y high
62%vs. sector
-4%vs. 3y high
68%vs. sector
-18%vs. 3y high
42%vs. sector
-10%vs. 3y high
64%vs. sector

Price

after hours | Fri, 15 Nov 2024 21:07:02 GMT
$33.70-$0.17(-0.50%)
$87.56 M$68.78 M
$87.56 M$13.33 M

Analysts recommendations

Institutional Ownership

DCOM Latest News

Dime Community Bancshares: Consider Shifting From Baby Bonds To Preferred Shares
seekingalpha.com14 November 2024 Sentiment: POSITIVE

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 borrowing and lowering future borrowing costs. Risks include high loan concentration in multifamily lending and non-owner-occupied commercial real estate, with an inadequate allowance for credit losses.

Dime Community Bancshares Announces Closing of Common Stock Offering
globenewswire.com13 November 2024 Sentiment: POSITIVE

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 public offering of 4,492,187 shares of its common stock, $0.01 par value (the “Common Stock”), at a public offering price of $32.00 per share, which included 585,937 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.

Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
globenewswire.com24 October 2024 Sentiment: POSITIVE

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 dividend of $0.34375 per share on the Company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on November 15, 2024 to holders of record as of November 8, 2024.

Dime Community Bancshares, Inc. Reports Third Quarter 2024 Results
globenewswire.com22 October 2024 Sentiment: POSITIVE

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 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today reported net income available to common stockholders of $11.5 million for the quarter ended September 30, 2024, or $0.29 per diluted common share, compared to $16.7 million, or $0.43 per diluted common share, for the quarter ended June 30, 2024, and $13.2 million, or $0.34 per diluted common share for the quarter ended September 30, 2023.

Dime Community Bancshares Inc (DCOM) Q3 2024 Earnings Call Transcript
seekingalpha.com22 October 2024 Sentiment: NEUTRAL

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 Participants Steve Moss - Raymond James Manuel Navas - D.A. Davidson Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Inc Christopher O'Connell - Keefe, Bruette and Woods Operator Good day, and thank you for standing by.

Dime Community Bancshares to Release Earnings on October 22, 2024
globenewswire.com04 October 2024 Sentiment: NEUTRAL

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 September 30, 2024 before the open of the U.S. equity markets on Tuesday, October 22, 2024.

Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock
globenewswire.com26 September 2024 Sentiment: POSITIVE

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 share of Common Stock, payable on October 24, 2024, to common stockholders of record as of October 17, 2024.

Dime Enhances Middle Market Lending Presence on Long Island
globenewswire.com19 September 2024 Sentiment: POSITIVE

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 has hired Jason (“Jay”) Quinn as Senior Relationship Manager within its middle market C&I lending operations.

Strength Seen in Dime Community (DCOM): Can Its 10.5% Jump Turn into More Strength?
zacks.com18 September 2024 Sentiment: POSITIVE

Dime Community (DCOM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Dime Community Bancshares: New 9% Coupon Baby Bond Offers Attractive Income
seekingalpha.com01 August 2024 Sentiment: POSITIVE

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 bond offering with 9% coupon provides higher income potential for investors compared to common and preferred shares.

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What type of business is Dime Community Bancshares?

Dime Community Bancshares, Inc. operates as a holding company for Dime Community Bank, which provides commercial banking and financial services in New York. It offers deposit products such as savings, money market, interest-bearing and non-interest-bearing checking accounts, as well as deposit certificates. The company also offers residential and commercial real estate loans; commercial and industrial loans such as lines of credit, revolving lines of credit, and term loans; one-to-four family loans; home purchase and cooperative apartment loans; home improvement loans; lines of credit; land acquisition, development and construction loans; small business loans; business development loans. Dime Community Bancshares, Inc. was founded in 1864 and is headquartered in Brooklyn, New York.

What sector is Dime Community Bancshares in?

Dime Community Bancshares is in the Financial Services sector

What industry is Dime Community Bancshares in?

Dime Community Bancshares is in the Banks - Regional industry

What country is Dime Community Bancshares from?

Dime Community Bancshares is headquartered in United States

When did Dime Community Bancshares go public?

Dime Community Bancshares initial public offering (IPO) was on 12 January 1999

What is Dime Community Bancshares website?

https://www.dime.com

Is Dime Community Bancshares in the S&P 500?

No, Dime Community Bancshares is not included in the S&P 500 index

Is Dime Community Bancshares in the NASDAQ 100?

No, Dime Community Bancshares is not included in the NASDAQ 100 index

Is Dime Community Bancshares in the Dow Jones?

No, Dime Community Bancshares is not included in the Dow Jones index

When was Dime Community Bancshares the previous earnings report?

No data

When does Dime Community Bancshares earnings report?

The next expected earnings date for Dime Community Bancshares is 24 January 2025