DimeCo (OTCMKTS:DIMC) Issues Earnings Results

Key Points

• DimeCo reported earnings of $1.81 per share for the quarter with a total revenue of $13.15 million.
• The company achieved a net margin of 21.55% and a return on equity of 14.33%.
• DimeCo's current stock price is $37.00, with a market capitalization of $93.94 million and a P/E ratio of 6.11.

DimeCo (OTCMKTS:DIMC - Get Free Report) released its quarterly earnings data on Thursday. The company reported $1.81 earnings per share (EPS) for the quarter, Zacks reports. DimeCo had a net margin of 21.55% and a return on equity of 14.33%. The firm had revenue of $13.15 million for the quarter.

DimeCo Trading Up 2.7%

OTCMKTS DIMC traded up $1.00 on Wednesday, hitting $37.95. 839 shares of the stock were exchanged, compared to its average volume of 1,257. The firm has a market capitalization of $96.39 million, a P/E ratio of 6.26 and a beta of -0.08. DimeCo has a 52-week low of $35.55 and a 52-week high of $42.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a fifty day moving average price of $36.80 and a two-hundred day moving average price of $37.51.

About DimeCo

Dimeco, Inc operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in Pennsylvania. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides consumer, home equity, mortgage, construction, student, business term, business vehicle, business equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services.