Dime Community Bancshares, Inc. (DCOM) 10-Year Financial Performance & Capital Metrics

DCOM • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutDime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; 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; 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. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.Show more

Net Interest Income $318M +0.5%
Total Revenue $646M
Net Income $29M -69.7%
Return on Equity 2.22% -72.4%
Net Interest Margin 2.22% -4.6%
Efficiency Ratio 35.06% +6.2%
ROA 0.21% -71.0%
Equity / Assets 9.73% +8.2%
Book Value per Share 35.87 +11.7%
Tangible BV/Share 31.77 +13.9%
Debt/Equity 0.70 -45.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 35.1% efficiency ratio
✓Healthy dividend yield of 3.1%
✓Trading at only 0.9x book value

✗Weaknesses

✗Dividend payout exceeds 100% of earnings

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.55%

5Y20.87%

3Y14.84%

TTM-

Profit (Net Income) CAGR

10Y-4.11%

5Y-4.28%

3Y-34.6%

TTM-11.23%

EPS CAGR

10Y-7.73%

5Y-11.45%

3Y-39.22%

TTM-23.33%

ROCE

10Y Avg4.83%

5Y Avg5.18%

3Y Avg5.22%

Latest1.8%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	128.56M	143.49M	152.73M	146.33M	147.42M	177.7M	357.61M	379.86M	316.57M	318.05M
NII Growth %	0.03%	0.12%	0.06%	-0.04%	0.01%	0.21%	1.01%	0.06%	-0.17%	0%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	174.79M	195.63M	212.1M	221.71M	238.27M	234.01M	384.63M	439.23M	609.36M	650.15M
Interest Expense	46.23M	52.14M	59.37M	75.38M	90.85M	56.3M	27.02M	59.36M	292.79M	332.1M
Loan Loss Provision	-1.33M	2.12M	520K	2.24M	17.34M	26.16M	6.21M	5.37M	2.77M	36.11M
Non-Interest Income+	8.62M	7.75M	11.1M	9.52M	12.17M	21.27M	42.07M	38.16M	36.21M	-3.96M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	183.41M	203.38M	223.2M	231.23M	250.44M	255.28M	426.69M	477.38M	645.57M	646.19M
Revenue Growth %	0.01%	0.11%	0.1%	0.04%	0.08%	0.02%	0.67%	0.12%	0.35%	0%
Non-Interest Expense	62.49M	15.65M	74.57M	86.89M	95.39M	117.83M	245.3M	200.73M	213.13M	226.55M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	76.02M	133.47M	88.74M	66.72M	46.86M	54.98M	148.17M	211.91M	136.88M	51.44M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.02%	0.76%	-0.34%	-0.25%	-0.3%	0.17%	1.69%	0.43%	-0.35%	-0.62%
Pretax Income+	76.02M	133.47M	88.74M	66.72M	46.86M	54.98M	148.17M	211.91M	136.88M	51.44M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	31.25M	60.96M	36.86M	15.43M	10.68M	12.67M	44.17M	59.36M	40.78M	22.36M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	44.77M	72.51M	51.88M	51.29M	36.19M	42.32M	104M	152.56M	96.09M	29.08M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.01%	0.62%	-0.28%	-0.01%	-0.29%	0.17%	1.46%	0.47%	-0.37%	-0.7%
Net Income (Continuing)	44.77M	72.51M	51.88M	51.29M	36.19M	42.32M	104M	152.56M	96.09M	29.08M
EPS (Diluted)+	1.23	1.97	1.38	1.38	1.01	1.74	2.45	3.73	2.29	0.55
EPS Growth %	0%	0.6%	-0.3%	0%	-0.27%	0.72%	0.41%	0.52%	-0.39%	-0.76%
EPS (Basic)	1.24	1.97	1.38	1.38	1.02	1.74	2.45	3.73	2.29	0.55
Diluted Shares Outstanding	36.32M	36.81M	37.6M	37.09M	35.88M	32.79M	38.9M	38.54M	38.19M	38.93M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	64.15M	113.5M	169.46M	147.26M	155.49M	243.6M	393.72M	169.3M	457.55M	1.28B
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	4.7B	5.63B	5.94B	5.88B	5.87B	6.15B	11.04B	12.26B	12.39B	12.34B
Investments Growth %	0.14%	0.2%	0.05%	-0.01%	-0%	0.05%	0.79%	0.11%	0.01%	-0%
Long-Term Investments	4.69B	5.62B	5.58B	5.38B	5.32B	5.61B	9.48B	11.31B	11.5B	12.33B
Accounts Receivables	0	0	0	0	0	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	55.64M	55.64M	55.64M	55.64M	55.64M	55.64M	155.8M	155.8M	155.8M	155.8M
Intangible Assets	0	0	0	0	0	3.38M	8.36M	6.48M	5.06M	3.9M
PP&E (Net)	15.15M	18.41M	24.33M	24.71M	59.55M	52.95M	114.63M	104.61M	97.6M	81.05M
Other Assets	201.44M	187.79M	217.57M	211.29M	213.78M	230.66M	314.89M	447.48M	476.84M	433.88M
Total Current Assets	68.34M	120.96M	524.85M	650.14M	706.48M	827.59M	2B	1.17B	1.4B	1.35B
Total Non-Current Assets	4.96B	5.88B	5.88B	5.67B	5.65B	5.95B	10.07B	12.02B	12.24B	13.01B
Total Assets+	5.03B	6.01B	6.4B	6.32B	6.35B	6.78B	12.07B	13.19B	13.64B	14.35B
Asset Growth %	0.12%	0.19%	0.07%	-0.01%	0.01%	0.07%	0.78%	0.09%	0.03%	0.05%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	1.17B	831.13M	1.28B	1.24B	1.36B	1.48B	290.06M	1.39B	1.57B	979.32M
Net Debt	1.1B	717.62M	1.11B	1.09B	1.2B	1.24B	-103.66M	1.22B	1.11B	-304.25M
Long-Term Debt	1.17B	831.13M	1.28B	1.24B	1.32B	1.44B	222.1M	1.33B	1.51B	880.33M
Short-Term Debt	0	0	0	0	0	1.22M	1.86M	1.36M	0	50M
Other Liabilities	187.89M	213.01M	117.83M	122.63M	114.82M	76.23M	124.71M	372.95M	310.48M	291.28M
Total Current Liabilities	3.18B	4.4B	4.4B	4.36B	4.28B	4.53B	10.46B	10.26B	10.53B	11.74B
Total Non-Current Liabilities	1.35B	1.04B	1.4B	1.36B	1.48B	1.55B	412.91M	1.76B	1.88B	1.22B
Total Liabilities	4.54B	5.44B	5.8B	5.72B	5.76B	6.08B	10.87B	12.02B	12.41B	12.96B
Total Equity+	493.95M	565.87M	598.57M	602.08M	596.76M	701.1M	1.19B	1.17B	1.23B	1.4B
Equity Growth %	0.07%	0.15%	0.06%	0.01%	-0.01%	0.17%	0.7%	-0.02%	0.05%	0.14%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.09%	0.14%	0.09%	0.09%	0.06%	0.07%	0.11%	0.13%	0.08%	0.02%
Book Value per Share	13.60	15.37	15.92	16.23	16.63	21.38	30.66	30.35	32.11	35.87
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	533K	536K	536K	537K	537K	348K	416K	416K	416K	461K
Additional Paid-in Capital	262.8M	278.36M	276.73M	277.51M	279.32M	278.3M	494.13M	495.41M	494.45M	624.82M
Retained Earnings	451.61M	503.54M	535.13M	565.71M	581.82M	600.64M	654.73M	762.76M	813.01M	794.53M
Accumulated OCI	-8.8M	-5.94M	-3.64M	-6.5M	-5.94M	-5.92M	-6.18M	-94.38M	-91.58M	-45.02M
Treasury Stock	-198.25M	-201.83M	-204.56M	-230.05M	-250.75M	-287.34M	-59.19M	-103.12M	-98.02M	-87.2M
Preferred Stock	0	0	0	0	0	116.57M	116.57M	116.57M	116.57M	116.57M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	50.15M	20.06M	43.26M	64.31M	68.49M	59.93M	146.33M	295.17M	90.87M	99.06M
Operating CF Growth %	0.06%	-0.6%	1.16%	0.49%	0.07%	-0.12%	1.44%	1.02%	-0.69%	0.09%
Net Income	44.77M	72.51M	51.88M	51.29M	36.19M	42.32M	104M	152.56M	96.09M	29.08M
Depreciation & Amortization	2.74M	2.3M	3.67M	4.96M	5.08M	5.07M	10.43M	10.19M	7.45M	6.86M
Deferred Taxes	6.88M	1.1M	10.52M	-807K	-2.38M	-1.97M	8.6M	0	0	0
Other Non-Cash Items	-3.13M	-66.93M	-14.17M	2.94M	30.75M	38.77M	17.47M	26.08M	26.86M	78.98M
Working Capital Changes	-4.3M	-3.21M	-10.33M	4.39M	-2.98M	-31.48M	432K	102.06M	-44.73M	-24.17M
Cash from Investing+	-553.67M	-853.65M	-332.34M	48.33M	-10.37M	-324.38M	1.1B	-1.33B	-214.05M	64.13M
Purchase of Investments	-5.22M	-339K	-364.05M	-389.42M	-317.92M	-219.88M	-1.14B	-102.44M	-114.41M	-402.73M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	715.99M	0	0	0
Other Investing	-550.71M	-851.19M	10.8M	206.01M	30.17M	-351.47M	965.54M	-1.42B	-271.56M	-107M
Cash from Financing+	489.24M	882.94M	345.03M	-134.84M	-49.89M	352.57M	-1.1B	812.59M	411.42M	662.84M
Dividends Paid	-20.29M	-20.58M	-21M	-20.83M	-20.08M	-23.49M	-46.64M	-44.08M	-44.59M	-45.32M
Share Repurchases	-300K	0	0	-25.88M	-24.19M	-35.36M	-59.4M	-46.76M	-947K	0
Stock Issued	0	0	0	0	0	1.27M	0	0	0	135.76M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	1000K	1000K	-1000K
Other Financing	516.83M	1.24B	-15.69M	-43.48M	-82.52M	173.09M	519.16M	-204.62M	276.32M	1.16B
Net Change in Cash+	-14.28M	49.35M	55.95M	-22.2M	8.23M	88.11M	150.12M	-224.43M	288.25M	826.02M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	78.44M	64.15M	113.5M	169.46M	147.26M	155.49M	243.6M	393.72M	169.3M	457.55M
Cash at End	64.15M	113.5M	169.46M	147.26M	155.49M	243.6M	393.72M	169.3M	457.55M	1.28B
Interest Paid	46.7M	52.32M	59.82M	74.3M	92.71M	59.14M	28.46M	54.91M	280.81M	0
Income Taxes Paid	25.66M	58.38M	36.52M	8.43M	11.94M	15.76M	34.77M	43.52M	37.91M	0
Free Cash Flow+	48.66M	14.29M	34.03M	60.02M	66.77M	58.98M	146.33M	291.43M	85.15M	92.8M
FCF Growth %	0.07%	-0.71%	1.38%	0.76%	0.11%	-0.12%	1.48%	0.99%	-0.71%	0.09%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.39%	13.68%	8.91%	8.54%	6.04%	6.52%	10.98%	12.92%	8.02%	2.22%
Return on Assets (ROA)	0.94%	1.31%	0.84%	0.81%	0.57%	0.64%	1.1%	1.21%	0.72%	0.21%
Net Interest Margin	2.55%	2.39%	2.39%	2.32%	2.32%	2.62%	2.96%	2.88%	2.32%	2.22%
Efficiency Ratio	34.07%	7.69%	33.41%	37.58%	38.09%	46.16%	57.49%	42.05%	33.01%	35.06%
Equity / Assets	9.81%	9.42%	9.35%	9.53%	9.39%	10.34%	9.88%	8.87%	8.99%	9.73%
Book Value / Share	13.6	15.37	15.92	16.23	16.63	21.38	30.66	30.35	32.11	35.87
NII Growth	3.23%	11.61%	6.44%	-4.19%	0.75%	20.54%	101.24%	6.22%	-16.66%	0.47%
Dividend Payout	45.32%	28.38%	40.48%	40.61%	55.5%	44.22%	37.84%	24.12%	38.82%	130.78%

Frequently Asked Questions

Valuation & Price

Dime Community Bancshares, Inc. (DCOM) has a price-to-earnings (P/E) ratio of 56.6x. This suggests investors expect higher future growth.

Growth & Financials

Dime Community Bancshares, Inc. (DCOM) grew revenue by 0.1% over the past year. Growth has been modest.

Yes, Dime Community Bancshares, Inc. (DCOM) is profitable, generating $58.4M in net income for fiscal year 2024 (4.5% net margin).

Dividend & Returns

Yes, Dime Community Bancshares, Inc. (DCOM) pays a dividend with a yield of 3.14%. This makes it attractive for income-focused investors.

Dime Community Bancshares, Inc. (DCOM) has a return on equity (ROE) of 2.2%. This is below average, suggesting room for improvement.

Industry Metrics

Dime Community Bancshares, Inc. (DCOM) has a net interest margin (NIM) of 2.2%. NIM has been under pressure due to interest rate environment.

Dime Community Bancshares, Inc. (DCOM) has an efficiency ratio of 35.1%. This is excellent, indicating strong cost control.

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