Net interest income grew to $112.3 million in 2026Q1, though net interest margins remain constrained at 0.7% due to competitive funding costs.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Jun'02 | Jun'00 | Jun'99 | Jun'98 | Jun'97 | Jun'96 | Jun'96 |
|---|
| Net Interest Income | 426.04M | 408M | 318.05M | 316.57M | 379.86M | 357.61M | 177.7M | 147.42M | 146.33M | 152.73M | 143.49M | 128.56M | 124.54M | 128.49M | 109.84M | 139.5M | 135.38M | 111.48M | 91.35M | 71.01M | 77.47M | 92.37M | 105.98M | 98.05M | 82.34M | 67.61M | 66.8M | 58.2M | 50.2M | 47.5M | 29.1M |
| NII Growth % | 101.71% | 28.28% | 0.47% | -16.66% | 6.22% | 101.24% | 20.54% | 0.75% | -4.19% | 6.44% | 11.61% | 3.23% | -3.08% | 16.97% | -21.26% | 3.04% | 21.44% | 22.04% | 28.64% | -8.33% | -16.13% | -12.84% | 8.09% | 19.09% | 21.79% | 1.2% | 14.78% | 15.94% | - | - | - |
| Net Interest Margin % | 2.84% | 2.66% | 2.22% | 2.32% | 2.88% | 2.96% | 2.62% | 2.32% | 2.32% | 2.39% | 2.39% | 2.55% | 2.77% | 3.19% | 2.81% | 3.47% | 3.35% | 2.82% | 2.25% | 2.03% | 2.44% | 2.95% | 3.14% | 3.3% | 2.93% | 2.48% | 2.67% | 2.59% | 3.09% | 3.61% | 2.12% |
| Interest Income | 696.98M | 685.44M | 650.15M | 609.36M | 439.23M | 384.63M | 234.01M | 238.27M | 221.71M | 212.1M | 195.63M | 174.79M | 172.95M | 175.46M | 195.95M | 209.22M | 214.79M | 209.17M | 202.65M | 182.16M | 170.81M | 169.71M | 173.76M | 169.12M | 184.58M | 181.65M | 165.62M | 135.4M | 107.1M | 89.1M | 52.6M |
| Interest Expense | 270.94M | 277.44M | 332.1M | 292.79M | 59.36M | 27.02M | 56.3M | 90.85M | 75.38M | 59.37M | 52.14M | 46.23M | 48.42M | 46.97M | 86.11M | 69.71M | 79.41M | 97.69M | 111.3M | 111.15M | 93.34M | 77.34M | 67.78M | 71.06M | 102.24M | 114.04M | 98.82M | 77.2M | 56.9M | 41.6M | 23.5M |
| Loan Loss Provision | 45.72M | 43.03M | 36.11M | 2.77M | 5.37M | 6.21M | 26.16M | 17.34M | 2.24M | 520K | 2.12M | -1.33M | -1.87M | 369K | 3.92M | 6.85M | 11.21M | 13.15M | 2.01M | 240K | 240K | 340K | 280K | 288K | 240K | 740K | 240K | 200K | 1.6M | 4.2M | 3M |
| Non-Interest Income | 46.65M | 44.93M | -3.96M | 36.21M | 38.16M | 42.07M | 21.27M | 12.17M | 9.52M | 11.1M | 7.75M | 8.62M | 8.39M | 7.48M | 10.12M | 7.93M | 8.06M | -2.61M | 6.02M | 10.42M | 12.39M | 5.15M | 10.38M | 25.12M | 14.84M | 9.29M | 5.04M | 6.4M | 6.3M | 4.1M | 1.4M |
| Non-Interest Income % | 6.27% | 6.15% | -0.61% | 5.61% | 7.99% | 9.86% | 8.33% | 4.86% | 4.12% | 4.97% | 3.81% | 4.7% | 4.63% | 4.09% | 4.91% | 3.65% | 3.62% | -1.27% | 2.89% | 5.41% | 6.76% | 2.95% | 5.64% | 12.93% | 7.44% | 4.87% | 2.95% | 4.51% | 5.56% | 4.4% | 2.59% |
| Total Revenue | 743.62M | 730.38M | 646.19M | 645.57M | 477.38M | 426.69M | 255.28M | 250.44M | 231.23M | 223.2M | 203.38M | 183.41M | 181.34M | 182.94M | 206.08M | 217.15M | 222.86M | 206.55M | 208.68M | 192.58M | 183.2M | 174.86M | 184.13M | 194.24M | 199.42M | 190.94M | 170.67M | 141.8M | 113.4M | 93.2M | 54M |
| Revenue Growth % | 67.45% | 13.03% | 0.1% | 35.23% | 11.88% | 67.15% | 1.93% | 8.3% | 3.6% | 9.75% | 10.89% | 1.14% | -0.87% | -11.23% | -5.1% | -2.56% | 7.89% | -1.02% | 8.36% | 5.12% | 4.77% | -5.03% | -5.2% | -2.6% | 4.44% | 11.88% | 20.36% | 25.04% | - | - | - |
| Non-Interest Expense | 250.35M | 253.1M | 226.55M | 213.13M | 200.73M | 245.3M | 117.83M | 95.39M | 86.89M | 74.57M | 15.65M | 62.49M | 60.43M | 62.71M | 48.85M | 61.69M | 61.99M | 55.44M | 53.18M | 45.5M | 41.98M | 40.74M | 42.41M | 40.81M | 35.43M | 35.1M | 34.02M | 30.5M | 29.9M | 27.5M | 14M |
| Efficiency Ratio | 33.67% | 34.65% | 35.06% | 33.01% | 42.05% | 57.49% | 46.16% | 38.09% | 37.58% | 33.41% | 7.69% | 34.07% | 33.32% | 34.28% | 23.7% | 28.41% | 27.81% | 26.84% | 25.49% | 23.63% | 22.91% | 23.3% | 23.03% | 21.01% | 17.77% | 18.38% | 19.93% | 21.51% | 26.37% | 29.51% | 25.93% |
| Operating Income | 176.62M | 156.8M | 51.44M | 136.88M | 211.91M | 148.17M | 54.98M | 46.86M | 66.72M | 88.74M | 133.47M | 76.02M | 74.37M | 72.89M | 67.2M | 78.9M | 70.25M | 40.28M | 42.19M | 35.69M | 47.64M | 56.44M | 73.67M | 82.08M | 61.5M | 41.06M | 37.59M | 33.9M | 25M | 19.9M | 13.5M |
| Operating Margin % | 23.75% | 21.47% | 7.96% | 21.2% | 44.39% | 34.72% | 21.54% | 18.71% | 28.85% | 39.76% | 65.63% | 41.45% | 41.01% | 39.84% | 32.61% | 36.33% | 31.52% | 19.5% | 20.22% | 18.53% | 26.01% | 32.28% | 40.01% | 42.26% | 30.84% | 21.5% | 22.03% | 23.91% | 22.05% | 21.35% | 25% |
| Operating Income Growth % | - | 204.83% | -62.42% | -35.41% | 43.03% | 169.47% | 17.33% | -29.76% | -24.82% | -33.52% | 75.58% | 2.21% | 2.03% | 8.47% | -14.83% | 12.31% | 74.42% | -4.53% | 18.2% | -25.09% | -15.58% | -23.39% | -10.24% | 33.45% | 49.78% | 9.23% | 10.89% | 35.6% | - | - | - |
| Pretax Income | 176.62M | 156.8M | 51.44M | 136.88M | 211.91M | 148.17M | 54.98M | 46.86M | 66.72M | 88.74M | 133.47M | 76.02M | 74.37M | 72.89M | 67.2M | 78.9M | 70.25M | 40.28M | 42.19M | 35.69M | 47.64M | 56.44M | 73.67M | 82.08M | 61.5M | 41.06M | 37.59M | 33.9M | 25M | 19.9M | 13.5M |
| Pretax Margin % | 23.75% | 21.47% | 7.96% | 21.2% | 44.39% | 34.72% | 21.54% | 18.71% | 28.85% | 39.76% | 65.63% | 41.45% | 41.01% | 39.84% | 32.61% | 36.33% | 31.52% | 19.5% | 20.22% | 18.53% | 26.01% | 32.28% | 40.01% | 42.26% | 30.84% | 21.5% | 22.03% | 23.91% | 22.05% | 21.35% | 25% |
| Income Tax | 52.81M | 46.12M | 22.36M | 40.78M | 59.36M | 44.17M | 12.67M | 10.68M | 15.43M | 36.86M | 60.96M | 31.25M | 30.12M | 29.34M | 26.89M | 31.59M | 28.86M | 14.09M | 14.16M | 13.25M | 17.05M | 20.23M | 27.45M | 30.8M | 22.83M | 15.82M | 15.22M | 14M | 11.9M | 7.6M | 6.2M |
| Effective Tax Rate % | 29.9% | 29.41% | 43.46% | 29.8% | 28.01% | 29.81% | 23.04% | 22.78% | 23.12% | 41.53% | 45.67% | 41.1% | 40.51% | 40.25% | 40.02% | 40.04% | 41.08% | 34.98% | 33.56% | 37.12% | 35.79% | 35.84% | 37.26% | 37.53% | 37.11% | 38.53% | 40.48% | 41.3% | 47.6% | 38.19% | 45.93% |
| Net Income | 123.81M | 110.68M | 29.08M | 96.09M | 152.56M | 104M | 42.32M | 36.19M | 51.29M | 51.88M | 72.51M | 44.77M | 44.25M | 43.55M | 40.31M | 47.31M | 41.39M | 26.19M | 28.03M | 22.44M | 30.59M | 36.21M | 46.22M | 51.28M | 38.68M | 25.24M | 22.37M | 19.9M | 13.1M | 12.3M | 6.3M |
| Net Margin % | 16.65% | 15.15% | 4.5% | 14.89% | 31.96% | 24.37% | 16.58% | 14.45% | 22.18% | 23.24% | 35.65% | 24.41% | 24.4% | 23.8% | 19.56% | 21.79% | 18.57% | 12.68% | 13.43% | 11.65% | 16.7% | 20.71% | 25.1% | 26.4% | 19.39% | 13.22% | 13.11% | 14.03% | 11.55% | 13.2% | 11.67% |
| Net Income Growth % | 276.87% | 280.56% | -69.73% | -37.01% | 46.69% | 145.75% | 16.95% | -29.45% | -1.14% | -28.45% | 61.96% | 1.19% | 1.6% | 8.04% | -14.8% | 14.3% | 58.04% | -6.56% | 24.89% | -26.64% | -15.52% | -21.66% | -9.86% | 32.57% | 53.24% | 12.81% | 12.43% | 51.91% | - | - | - |
| Net Income (Continuing) | 123.81M | 110.68M | 29.08M | 96.09M | 152.56M | 104M | 42.32M | 36.19M | 51.29M | 51.88M | 72.51M | 44.77M | 44.25M | 43.55M | 40.31M | 47.31M | 41.39M | 26.19M | 28.03M | 22.44M | 30.59M | 36.21M | 46.22M | 51.28M | 38.68M | 25.24M | 22.37M | 19.9M | 13.1M | 12.3M | 7.3M |
| EPS (Diluted) | 2.88 | 2.37 | 0.55 | 2.29 | 3.73 | 2.45 | 1.74 | 1.01 | 1.38 | 1.38 | 1.97 | 1.23 | 1.23 | 1.23 | 1.17 | 1.40 | 1.24 | 0.79 | 0.85 | 0.67 | 0.87 | 1.02 | 1.28 | 1.37 | 1.03 | 0.67 | 0.56 | 0.50 | 0.28 | 0.13 | 0.13 |
| EPS Growth % | 325.4% | 330.91% | -75.98% | -38.61% | 52.24% | 40.8% | 72.28% | -26.81% | 0% | -29.95% | 60.16% | 0% | 0% | 5.13% | -16.43% | 12.9% | 56.96% | -7.06% | 26.87% | -22.99% | -14.71% | -20.31% | -6.57% | 33.01% | 53.73% | 19.64% | 12% | 78.57% | - | - | - |
| EPS (Basic) | - | 2.36 | 0.55 | 2.29 | 3.73 | 2.45 | 1.74 | 1.02 | 1.38 | 1.38 | 1.97 | 1.24 | 1.23 | 1.23 | 1.18 | 1.40 | 1.24 | 0.79 | 0.85 | 0.67 | 0.88 | 1.03 | 1.31 | 1.43 | 1.08 | 0.71 | 0.59 | 0.54 | 0.28 | 0.13 | 0.13 |
| Diluted Shares Outstanding | 43.05M | 43.05M | 38.93M | 38.19M | 38.54M | 38.9M | 32.79M | 35.88M | 37.09M | 37.6M | 36.81M | 36.32M | 35.97M | 35.4M | 34.36M | 33.8M | 33.38M | 33.03M | 32.82M | 33.61M | 35.16M | 35.5M | 36.11M | 37.34M | 37.69M | 39.74M | 39.98M | 40.56M | 44.12M | 49.03M | 49.03M |
NYC Real Estate Concentration
As reported in recent financial statements, DCOM achieved a notable expansion in net interest income, which climbed to $112.3 million in 2026Q1 from $71.5 million in 2024Q1, suggesting that the bank is successfully capturing higher yields on its loan portfolio despite a competitive funding environment.
The consistent quarter-over-quarter growth in NII indicates that the bank's repricing strategy is effectively outpacing the rising cost of deposits. Investors should monitor whether this trajectory can be sustained as the municipal deposit base faces increased pressure from broader market rate volatility.
Based on the provided quarterly data, DCOM's net interest margin has remained stagnant at 0.7% throughout early 2026, reflecting the ongoing difficulty in expanding spreads while managing the cost of its core municipal and commercial deposit franchise in the New York City metropolitan area.
The lack of meaningful NIM expansion despite rising NII suggests that the bank is heavily reliant on volume growth rather than margin improvement. This may imply that the bank's funding costs are rising in lockstep with asset yields, limiting the potential for significant profitability upside.
According to the bank's reported figures, the efficiency ratio improved to 34.0% in 2026Q1 from a peak of 46.1% in 2024Q4, indicating that management is successfully scaling its revenue base relative to the fixed costs associated with its extensive New York branch network.
The reduction in the efficiency ratio suggests that the bank is achieving better operating leverage as it integrates its post-merger cost structure. However, maintaining this level of efficiency will likely require continued discipline in managing personnel and technology expenses in a high-cost labor market.
As disclosed in the income statement data, provision expense for loan losses reached $12.3 million in 2026Q1, a figure that warrants further investigation given the bank's significant exposure to the potentially volatile New York City multi-family and commercial real estate lending segments.
The fluctuation in provision expenses suggests that the bank is proactively adjusting its reserves to account for the idiosyncratic risks inherent in its regional real estate portfolio. Investors should monitor whether these provisions are sufficient to cover potential asset quality deterioration in the rent-regulated housing sector.
Quick answers to the most common questions about buying DCOM stock.
Dime Community Bancshares, Inc. (DCOM) is profitable, generating $110.7M in net income for the fiscal year ending 2025 with a net profit margin of 15.2%.
Dime Community Bancshares, Inc. (DCOM) reported an operating income of $156.8M, resulting in an operating profit margin of 21.5%. This margin reflects the operational efficiency of the business before interest and taxes.
Dime Community Bancshares, Inc. (DCOM) generated $409.9M in gross profit for the year, representing a gross profit margin of 56.1%. This demonstrates the company's core pricing power and production efficiency.