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Dime Community Bancshares Q4 2023 Earnings Report

Dime Community Bancshares logo
$33.96 -0.84 (-2.41%)
(As of 12/17/2024 ET)

Dime Community Bancshares EPS Results

Actual EPS
$0.39
Consensus EPS
$0.48
Beat/Miss
Missed by -$0.09
One Year Ago EPS
$0.99

Dime Community Bancshares Revenue Results

Actual Revenue
$167.63 million
Expected Revenue
$81.01 million
Beat/Miss
Beat by +$86.62 million
YoY Revenue Growth
N/A

Dime Community Bancshares Announcement Details

Quarter
Q4 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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About Dime Community Bancshares

Dime Community Bancshares (NASDAQ:DCOM) operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also 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, the company 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, it 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. The company was founded in 1910 and is headquartered in Hauppauge, New York.

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