Dime Commercial Bancshares, Inc. /NY/ DCOM

Financials SIC 6021 - National Commercial Banks NYSE

Dime Community Bancshares, Inc. (the "Company") is engaged in commercial banking and financial services through its wholly-owned subsidiary, Dime Community Bank (the "Bank"). The Bank was established in 1910 and is headquartered in Hauppauge, New York. The Company was incorporated under the laws of the State of New York in 1988 to serve as the holding company for the Bank. The Company functions primarily as the holder of all of the Bank's common stock. Our bank operations also include Dime Abstract LLC ("Dime Abstract"), a wholly-owned subsidiary of the Bank, which is a broker of title insurance services.

For over a century, we have maintained our focus on building customer relationships in our market area. Our mission is to grow through the provision of exceptional service to our customers, our employees, and the community. We strive to achieve excellence in financial performance and build long-term shareholder value. We engage in providing full service commercial and consumer banking services, including accepting time, savings and demand deposits from the businesses, consumers, and local municipalities in our market area. These deposits, together with funds generated from operations and borrowings, are invested primarily in: (1) commercial real estate ("CRE") loans; (2) multi-family mortgage loans; (3) residential mortgage loans; (4) secured and unsecured commercial and consumer loans; (5) home equity loans; (6) construction and land loans; (7) Federal Home Loan Bank ("FHLB"), Federal National Mortgage Association ("Fannie Mae"), Government National Mortgage Association ("Ginnie Mae") and Federal Home Loan Mortgage Corporation ("Freddie Mac") mortgage-backed securities, collateralized mortgage obligations and other asset backed securities; (8) U.S. Treasury securities; (9) New York State and local municipal obligations; (10) U.S. Government-sponsored enterprise ("U.S. GSE") securities; and (11) corporate bonds. We also offer the Certificate of Deposit Account Registry Service ("CDARS") and Insured Cash Sweep ("ICS") programs, providing multi-millions of dollars of Federal Deposit Insurance Corporation ("FDIC") insurance on deposits to our customers. In addition, we offer merchant credit and debit card processing, automated teller machines, cash and treasury management services, escrow account services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts. We also offer investment services through Dime Financial Services LLC, which offers a full range of investment products and services through a third-party broker dealer. Through its title insurance subsidiary Dime Abstract, the Bank acts as a broker for title insurance services. Our customer base is comprised principally of small and medium sized businesses, municipal relationships and consumer relationships.

Last close 41.25 2026-09-04
Market cap $1.82B 2026-06-30 share count
52-week range 25.62 - 41.97

Valuation FY2025 figures against the last close

P/S91.5x
P/E17.5x
P/FCF9.8x
EV/EBITDA
Dividend yield2.4%
Diluted EPS2.36

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $19.9M$16.7M$16.4M$16.2M$16.0M$5.6M$5.8M$9.9M$9.0M$8.4M
Interest expense $408.0M$318.1M$316.6M$379.9M$27.0M$56.3M$90.8M$32.2M$22.7M$16.8M
Pre-tax income $156.8M$51.4M$136.9M$211.9M$148.2M$55.0M$46.9M$48.4M$39.5M$54.3M
Income tax $46.1M$22.4M$40.8M$59.4M$44.2M$12.7M$10.7M$9.1M$18.9M$18.8M
Net income $110.7M$29.1M$96.1M$152.6M$104.0M$42.3M$36.2M$39.2M$20.5M$35.5M
EPS, basic 2.360.552.293.732.451.741.561.971.042.01
EPS, diluted 2.360.552.293.732.451.741.551.971.042.00
Shares, diluted (wtd. avg.) $43.0M$38.9M$38.2M$38.5M$38.9M$21.5M$23.2M$19.5K$19.4K$17.9K

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $2.35B$1.28B$457.5M$169.3M$393.7M$243.6M$155.5M$147.3M$94.7M$113.8M
Property, plant and equipment $31.3M$34.9M$44.9M$46.7M$50.4M$19.1M$34.1M$35.0M$33.5M$35.3M
Goodwill $155.8M$155.8M$155.8M$155.8M$155.8M$55.6M$55.6M$55.6M$106.0M$106.0M
Other intangibles $2.9M$3.9M$5.1M$6.5M$8.4M$0$2.1M$2.9M$3.8M$4.8M
Total assets $15.34B$14.35B$13.64B$13.19B$12.07B$6.78B$4.92B$4.70B$4.43B$4.05B
Total liabilities $13.87B$12.96B$12.41B$12.02B$10.87B$6.08B$4.42B$4.25B$4.00B$3.65B
Retained earnings $854.2M$794.5M$813.0M$762.8M$654.7M$600.6M$150.7M$117.4M$96.5M$91.6M
Total equity $1.48B$1.40B$1.23B$1.17B$1.19B$701.1M$596.8M$602.1M$429.2M$408.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $186.6M$99.1M$90.9M$295.2M$146.3M$59.9M$68.5M$58.4M$46.8M$44.2M
Depreciation and amortisation $7.4M$7.0M$6.7M$7.4M$6.5M$4.1M$4.7M$3.8M$3.8M$3.5M
Stock-based compensation $7.7M$6.7M$4.6M$4.3M$5.4M$7.2M$1.8M$3.5M$2.6M$2.1M
Capital expenditure $3.7M$954.0K$1.7M$5.3M$2.1M$4.3M
Investing cash flow -$69.4M$64.1M-$214.0M-$1.33B$1.10B-$324.4M-$10.4M-$80.5M-$411.8M-$279.5M
Financing cash flow $953.3M$662.8M$411.4M$812.6M-$1.10B$352.6M-$49.9M$222.8M$345.9M$244.6M
Dividends paid $42.9M$38.0M$37.3M$36.8M$39.4M$18.7M$20.1M$18.3M$18.2M$16.1M
Buybacks $947.0K$46.8M$59.3M$35.4M$24.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-042646.

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