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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. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company 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, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; federal deposit insurance corporation insurance; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services for small and medium sized businesses, and municipal and consumer relationships. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $453M | - | $111M | $182M | 8.1% | 44.2% | 280.6% |
| 2024 | $314M | - | $29M | $93M | 2.3% | -11.0% | -69.7% |
| 2023 | $353M | - | $96M | $85M | 8.7% | -15.6% | -37.0% |
| 2022 | $418M | - | $153M | $291M | 14.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 418.02 | 352.78 | 314.10 | 452.93 |
| Operating Revenue | - | 418.02 | 352.78 | 314.10 | 452.93 |
| Selling General And Administration | - | 129.91 | 133.07 | 151.48 | 165.73 |
| Interest Income | - | 439.22 | 609.36 | 650.15 | 685.44 |
| Interest Expense | - | 59.36 | 292.79 | 332.10 | 277.44 |
| Net Interest Income | - | 379.86 | 316.57 | 318.05 | 408 |
| Pretax Income | - | 211.92 | 136.88 | 51.44 | 156.80 |
| Tax Provision | - | 59.36 | 40.78 | 22.36 | 46.12 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.43 | -2.72 | 1.15 | -1.16 |
| Net Income Continuous Operations | - | 152.56 | 96.09 | 29.08 | 110.68 |
| Net Income From Continuing And Discontinued Operation | - | 152.56 | 96.09 | 29.08 | 110.68 |
| Net Income From Continuing Operation Net Minority Interest | - | 152.56 | 96.09 | 29.08 | 110.68 |
| Net Income | - | 152.56 | 96.09 | 29.08 | 110.68 |
| Net Income Common Stockholders | - | 143.58 | 87.57 | 21.42 | 101.50 |
| Net Income Including Noncontrolling Interests | - | 152.56 | 96.09 | 29.08 | 110.68 |
| Normalized Income | - | 153.67 | 102.49 | 24.76 | 113.46 |
| Diluted NI Availto Com Stockholders | - | 143.58 | 87.57 | 21.42 | 101.50 |
| Basic Average Shares | - | 38.95 | 38.78 | 39.63 | 43.86 |
| Diluted Average Shares | - | 38.95 | 38.78 | 39.63 | 43.86 |
| Reconciled Depreciation | - | 10.19 | 7.45 | 6.86 | 5.62 |
| Total Unusual Items | - | -1.54 | -9.12 | 5.47 | -3.94 |
| Total Unusual Items Excluding Goodwill | - | -1.54 | -9.12 | 5.47 | -3.94 |
| Preferred Stock Dividends | - | 7.29 | 7.29 | 7.29 | 7.29 |
| Special Income Charges | - | -2.94 | -9.09 | -1.75 | -2.71 |
| Restructuring And Mergern Acquisition | - | 2.20 | 9.09 | 1.30 | 2.71 |
| Gain On Sale Of Security | - | 3.64 | 4.88 | -41.90 | 2.30 |
| Depreciation Amortization Depletion Income Statement | - | 1.88 | 1.42 | 1.16 | 0.96 |
| Depreciation And Amortization In Income Statement | - | 1.88 | 1.42 | 1.16 | 0.96 |
| General And Administrative Expense | - | 124.01 | 126.29 | 144.82 | 158.31 |
| Other Gand A | 16.64 | - | - | - | - |
| Salaries And Wages | - | 120.11 | 117.44 | 136.11 | 150.98 |
| Insurance And Claims | - | 3.90 | 8.85 | 8.71 | 7.33 |
| Selling And Marketing Expense | - | 5.90 | 6.78 | 6.66 | 7.42 |
| Otherunder Preferred Stock Dividend | - | 1.69 | 1.24 | 0.38 | 1.89 |
| Amortization | - | 1.88 | 1.42 | 1.16 | 0.96 |
| Amortization Of Intangibles Income Statement | - | 1.88 | 1.42 | 1.16 | 0.96 |
| Occupancy And Equipment | - | 30.22 | 29.06 | 29.79 | 31.90 |
| Professional Expense And Contract Services Expense | - | 8.07 | 6.16 | 8.61 | 7.82 |
| Other Non Interest Expense | - | 27.72 | 34.33 | 33.74 | 43.98 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Dime Community Bancshares, Inc.this co. | DCOM | $1.7B | 14.97 | 1.22 | 8.1% | - |
| Triumph Financial, Inc. | TFIN | $1.7B | 66.83 | 1.89 | 2.8% | - |
| Pathward Financial, Inc. | CASH | $1.7B | 9.01 | 1.94 | 21.6% | - |
| Republic Bancorp, Inc. | RBCAA | $1.7B | 12.58 | 1.50 | 11.9% | - |
| FirstSun Capital Bancorp | FSUN |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.6B |
| 16.83 |
| 1.43 |
| 8.5% |
| - |
| German American Bancorp, Inc. | GABC | $1.6B | 14.58 | 1.41 | 9.7% | - |
| S&T Bancorp, Inc. | STBA | $1.6B | 12.15 | 1.11 | 9.2% | - |
| TriCo Bancshares | TCBK | $1.6B | 13.41 | 1.23 | 9.2% | - |
| Hope Bancorp, Inc. | HOPE | $1.6B | 26.13 | 0.70 | 2.7% | - |
| Peer Median | - | 13.99 | 1.42 | 9.2% | - | |