Annual Income Statements for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
Annual Income Statements for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table shows Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table shows Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
14 |
16 |
17 |
12 |
-22 |
20 |
28 |
26 |
30 |
33 |
33 |
| Consolidated Net Income / (Loss) |
|
16 |
18 |
18 |
13 |
-20 |
21 |
30 |
28 |
32 |
35 |
35 |
| Net Income / (Loss) Continuing Operations |
|
16 |
18 |
18 |
13 |
-20 |
21 |
30 |
28 |
32 |
35 |
35 |
| Total Pre-Tax Income |
|
25 |
24 |
26 |
18 |
-17 |
29 |
40 |
40 |
48 |
49 |
48 |
| Total Revenue |
|
83 |
82 |
87 |
88 |
57 |
104 |
110 |
116 |
124 |
124 |
126 |
| Net Interest Income / (Expense) |
|
74 |
72 |
76 |
80 |
91 |
94 |
98 |
103 |
112 |
112 |
115 |
| Total Interest Income |
|
159 |
161 |
159 |
164 |
165 |
162 |
168 |
176 |
180 |
173 |
175 |
| Loans and Leases Interest Income |
|
145 |
144 |
147 |
152 |
148 |
143 |
145 |
148 |
147 |
142 |
144 |
| Investment Securities Interest Income |
|
7.92 |
7.88 |
7.91 |
7.77 |
10 |
11 |
11 |
11 |
11 |
13 |
15 |
| Other Interest Income |
|
6.09 |
9.56 |
4.41 |
4.65 |
7.47 |
7.84 |
11 |
16 |
22 |
19 |
17 |
| Total Interest Expense |
|
85 |
89 |
84 |
84 |
74 |
68 |
69 |
72 |
68 |
61 |
60 |
| Deposits Interest Expense |
|
74 |
73 |
73 |
74 |
71 |
58 |
60 |
63 |
62 |
52 |
52 |
| Long-Term Debt Interest Expense |
|
14 |
15 |
9.03 |
8.76 |
8.54 |
8.38 |
8.35 |
8.41 |
8.72 |
8.30 |
7.35 |
| Other Interest Expense |
|
- |
1.71 |
2.01 |
1.53 |
- |
1.20 |
0.92 |
0.79 |
- |
0.49 |
0.54 |
| Total Non-Interest Income |
|
8.87 |
10 |
12 |
7.63 |
-34 |
9.63 |
12 |
12 |
11 |
11 |
11 |
| Trust Fees by Commissions |
|
0.47 |
0.13 |
0.29 |
0.19 |
0.23 |
0.10 |
0.12 |
0.13 |
0.32 |
0.14 |
0.19 |
| Other Service Charges |
|
4.40 |
5.01 |
4.53 |
4.61 |
4.73 |
5.35 |
5.68 |
7.46 |
6.13 |
6.46 |
7.22 |
| Net Realized & Unrealized Capital Gains on Investments |
|
2.35 |
2.86 |
4.50 |
0.19 |
-40 |
0.18 |
1.53 |
-0.38 |
0.72 |
0.22 |
-1.22 |
| Other Non-Interest Income |
|
1.66 |
2.46 |
2.48 |
2.61 |
1.62 |
3.99 |
4.19 |
4.96 |
4.46 |
4.56 |
5.04 |
| Provision for Credit Losses |
|
3.72 |
5.21 |
5.59 |
12 |
14 |
9.63 |
9.22 |
13 |
11 |
12 |
14 |
| Total Non-Interest Expense |
|
54 |
53 |
56 |
58 |
61 |
66 |
60 |
62 |
65 |
63 |
65 |
| Salaries and Employee Benefits |
|
30 |
32 |
32 |
36 |
36 |
36 |
36 |
38 |
41 |
40 |
40 |
| Net Occupancy & Equipment Expense |
|
11 |
12 |
12 |
12 |
12 |
13 |
13 |
13 |
13 |
14 |
13 |
| Marketing Expense |
|
1.77 |
1.50 |
1.64 |
1.63 |
1.90 |
1.67 |
1.76 |
1.96 |
2.04 |
2.03 |
1.95 |
| Property & Liability Insurance Claims |
|
3.24 |
2.24 |
2.25 |
2.11 |
2.12 |
2.05 |
1.69 |
1.80 |
1.79 |
1.27 |
1.71 |
| Other Operating Expenses |
|
7.22 |
4.75 |
7.52 |
5.59 |
8.50 |
13 |
7.77 |
6.98 |
7.31 |
6.03 |
8.01 |
| Amortization Expense |
|
0.35 |
0.31 |
0.29 |
0.29 |
0.29 |
0.25 |
0.24 |
0.24 |
0.24 |
0.21 |
0.20 |
| Income Tax Expense |
|
9.02 |
6.59 |
7.55 |
4.90 |
3.32 |
7.25 |
10 |
12 |
16 |
14 |
13 |
| Preferred Stock Dividends Declared |
|
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
1.82 |
| Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders) |
|
- |
- |
- |
-0.04 |
- |
-0.02 |
-0.08 |
-0.05 |
- |
0.04 |
-0.04 |
| Basic Earnings per Share |
|
$0.37 |
$0.41 |
$0.43 |
$0.29 |
($0.58) |
$0.45 |
$0.64 |
$0.59 |
$0.68 |
$0.75 |
$0.75 |
| Weighted Average Basic Shares Outstanding |
|
38.83M |
38.97M |
39.15M |
39.15M |
43.64M |
43.82M |
43.89M |
43.89M |
43.91M |
44.11M |
44.16M |
| Diluted Earnings per Share |
|
$0.37 |
$0.41 |
$0.43 |
$0.29 |
($0.58) |
$0.45 |
$0.64 |
$0.59 |
$0.68 |
$0.75 |
$0.75 |
| Weighted Average Diluted Shares Outstanding |
|
38.83M |
38.97M |
39.15M |
39.15M |
43.64M |
43.82M |
43.89M |
43.89M |
43.91M |
44.11M |
44.16M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
38.83M |
38.97M |
39.15M |
39.15M |
43.64M |
43.82M |
43.89M |
43.89M |
43.91M |
44.11M |
44.16M |
Annual Cash Flow Statements for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table details how cash moves in and out of Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
|
53 |
9.28 |
-19 |
201 |
8.23 |
88 |
150 |
-224 |
288 |
826 |
1,070 |
| Net Cash From Operating Activities |
|
32 |
44 |
47 |
58 |
68 |
60 |
146 |
295 |
91 |
99 |
187 |
| Net Cash From Continuing Operating Activities |
|
32 |
44 |
47 |
58 |
68 |
60 |
146 |
295 |
91 |
99 |
187 |
| Net Income / (Loss) Continuing Operations |
|
21 |
35 |
21 |
39 |
36 |
42 |
104 |
153 |
96 |
29 |
111 |
| Consolidated Net Income / (Loss) |
|
21 |
35 |
21 |
39 |
36 |
42 |
104 |
153 |
96 |
29 |
111 |
| Provision For Loan Losses |
|
4.00 |
5.55 |
14 |
1.80 |
17 |
26 |
6.21 |
5.37 |
2.77 |
36 |
43 |
| Depreciation Expense |
|
-3.79 |
3.48 |
3.83 |
3.82 |
5.08 |
5.07 |
7.81 |
8.31 |
6.03 |
5.69 |
4.66 |
| Amortization Expense |
|
6.38 |
-1.09 |
-0.53 |
2.83 |
0.00 |
0.00 |
2.62 |
1.88 |
1.99 |
2.77 |
0.56 |
| Non-Cash Adjustments to Reconcile Net Income |
|
0.10 |
-0.09 |
0.74 |
9.23 |
10 |
14 |
19 |
17 |
20 |
39 |
2.39 |
| Changes in Operating Assets and Liabilities, net |
|
3.72 |
0.89 |
8.20 |
1.47 |
-0.15 |
-28 |
7.15 |
110 |
-36 |
-14 |
25 |
| Net Cash From Investing Activities |
|
-452 |
-280 |
-412 |
-81 |
-10 |
-324 |
1,103 |
-1,332 |
-214 |
64 |
-69 |
| Net Cash From Continuing Investing Activities |
|
-452 |
-280 |
-412 |
-81 |
-10 |
-324 |
1,103 |
-1,332 |
-214 |
64 |
-69 |
| Purchase of Investment Securities |
|
-1,026 |
-1,284 |
-1,302 |
-976 |
-320 |
-291 |
-1,139 |
-187 |
-138 |
-401 |
-385 |
| Sale of Property, Leasehold Improvements and Equipment |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
1.91 |
0.03 |
19 |
2.00 |
| Sale and/or Maturity of Investments |
|
554 |
1,008 |
892 |
901 |
290 |
294 |
1,959 |
213 |
184 |
598 |
253 |
| Other Investing Activities, net |
|
- |
- |
- |
- |
19 |
-328 |
283 |
-1,360 |
-260 |
-153 |
60 |
| Net Cash From Financing Activities |
|
473 |
245 |
346 |
223 |
-50 |
353 |
-1,099 |
813 |
411 |
663 |
953 |
| Net Cash From Continuing Financing Activities |
|
473 |
245 |
346 |
223 |
-50 |
353 |
-1,099 |
813 |
411 |
663 |
953 |
| Net Change in Deposits |
|
224 |
83 |
409 |
552 |
-83 |
176 |
519 |
-204 |
276 |
1,156 |
1,155 |
| Issuance of Debt |
|
202 |
200 |
5.06 |
- |
196 |
107 |
25 |
193 |
-1.36 |
182 |
-50 |
| Issuance of Common Equity |
|
0.78 |
48 |
0.95 |
1.02 |
- |
- |
- |
0.00 |
0.00 |
136 |
0.00 |
| Repayment of Debt |
|
- |
- |
-0.35 |
-261 |
-120 |
14 |
-1,537 |
915 |
182 |
-765 |
-100 |
| Repurchase of Common Equity |
|
-0.23 |
-0.34 |
-0.35 |
-0.59 |
-24 |
-35 |
-59 |
-47 |
-0.95 |
0.00 |
0.00 |
| Payment of Dividends |
|
-13 |
-16 |
-18 |
-18 |
-20 |
-23 |
-47 |
-44 |
-45 |
-45 |
-50 |
| Other Financing Activities, Net |
|
59 |
-70 |
-50 |
-50 |
0.37 |
-2.94 |
0.48 |
-0.39 |
-0.09 |
-0.24 |
-1.62 |
| Cash Interest Paid |
|
8.79 |
17 |
23 |
32 |
93 |
59 |
28 |
55 |
281 |
343 |
278 |
| Cash Income Taxes Paid |
|
8.74 |
22 |
8.45 |
2.47 |
12 |
16 |
35 |
44 |
38 |
29 |
54 |
Quarterly Cash Flow Statements for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table details how cash moves in and out of Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Change in Cash & Equivalents |
|
99 |
-87 |
43 |
212 |
658 |
-253 |
126 |
558 |
639 |
-294 |
-125 |
| Net Cash From Operating Activities |
|
-40 |
31 |
13 |
-33 |
89 |
65 |
23 |
52 |
46 |
48 |
56 |
| Net Cash From Continuing Operating Activities |
|
-40 |
31 |
13 |
-33 |
89 |
65 |
23 |
52 |
46 |
48 |
56 |
| Net Income / (Loss) Continuing Operations |
|
16 |
18 |
18 |
13 |
-20 |
21 |
30 |
28 |
32 |
35 |
35 |
| Consolidated Net Income / (Loss) |
|
16 |
18 |
18 |
13 |
-20 |
21 |
30 |
28 |
32 |
35 |
35 |
| Provision For Loan Losses |
|
3.72 |
5.21 |
5.59 |
12 |
14 |
9.63 |
9.22 |
13 |
11 |
12 |
14 |
| Depreciation Expense |
|
1.47 |
1.57 |
1.36 |
1.51 |
1.25 |
1.09 |
1.10 |
1.40 |
1.08 |
1.04 |
1.07 |
| Amortization Expense |
|
0.91 |
0.94 |
0.92 |
0.89 |
0.03 |
-0.37 |
0.03 |
0.22 |
0.69 |
0.40 |
0.38 |
| Non-Cash Adjustments to Reconcile Net Income |
|
6.64 |
1.27 |
-3.05 |
-0.42 |
41 |
-1.68 |
2.93 |
-1.08 |
2.21 |
-1.62 |
2.31 |
| Changes in Operating Assets and Liabilities, net |
|
-69 |
4.05 |
-11 |
-60 |
53 |
35 |
-20 |
11 |
-0.74 |
1.26 |
3.61 |
| Net Cash From Investing Activities |
|
65 |
66 |
-11 |
-17 |
25 |
-85 |
-7.70 |
197 |
-174 |
27 |
-194 |
| Net Cash From Continuing Investing Activities |
|
65 |
66 |
-11 |
-17 |
25 |
-85 |
-7.70 |
197 |
-174 |
27 |
-194 |
| Purchase of Investment Securities |
|
-16 |
-5.29 |
-7.54 |
-22 |
-420 |
-132 |
-55 |
-31 |
-168 |
-138 |
-176 |
| Sale and/or Maturity of Investments |
|
24 |
60 |
64 |
75 |
453 |
32 |
70 |
97 |
54 |
53 |
90 |
| Other Investing Activities, net |
|
57 |
7.64 |
-80 |
-70 |
-11 |
15 |
-23 |
129 |
-60 |
112 |
-108 |
| Net Cash From Financing Activities |
|
73 |
-184 |
41 |
262 |
544 |
-234 |
111 |
309 |
767 |
-369 |
13 |
| Net Cash From Continuing Financing Activities |
|
73 |
-184 |
41 |
262 |
544 |
-234 |
111 |
309 |
767 |
-369 |
13 |
| Net Change in Deposits |
|
-106 |
368 |
130 |
389 |
269 |
-70 |
124 |
322 |
780 |
-242 |
78 |
| Repayment of Debt |
|
183 |
-540 |
- |
-715 |
100 |
-100 |
-50 |
- |
50 |
-113 |
-50 |
| Payment of Dividends |
|
-11 |
-11 |
-11 |
-11 |
-11 |
-13 |
-13 |
-13 |
-13 |
-13 |
-13 |
| Other Financing Activities, Net |
|
0.34 |
-0.82 |
0.29 |
-0.04 |
0.33 |
-1.04 |
-0.93 |
0.07 |
0.27 |
-1.05 |
-2.41 |
| Cash Interest Paid |
|
87 |
87 |
90 |
88 |
78 |
69 |
69 |
72 |
68 |
62 |
61 |
| Cash Income Taxes Paid |
|
6.64 |
6.68 |
9.53 |
12 |
0.83 |
4.00 |
15 |
16 |
19 |
3.26 |
21 |
Annual Balance Sheets for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table presents Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
|
3,782 |
4,055 |
4,430 |
4,701 |
4,922 |
6,782 |
12,066 |
13,190 |
13,636 |
14,353 |
15,342 |
| Cash and Due from Banks |
|
80 |
102 |
77 |
142 |
78 |
244 |
394 |
169 |
458 |
1,284 |
2,354 |
| Trading Account Securities |
|
1,009 |
1,043 |
941 |
841 |
785 |
564 |
1,788 |
1,691 |
1,603 |
1,445 |
1,493 |
| Loans and Leases, Net of Allowance |
|
2,390 |
2,575 |
3,071 |
3,244 |
3,647 |
5,581 |
9,161 |
10,483 |
10,702 |
10,783 |
10,661 |
| Loans and Leases |
|
2,411 |
2,600 |
3,103 |
3,276 |
3,680 |
5,622 |
9,245 |
10,567 |
10,773 |
10,872 |
10,758 |
| Allowance for Loan and Lease Losses |
|
21 |
26 |
32 |
31 |
33 |
41 |
84 |
84 |
72 |
89 |
97 |
| Loans Held for Sale |
|
- |
- |
- |
- |
- |
5.90 |
5.49 |
0.00 |
10 |
23 |
1.99 |
| Premises and Equipment, Net |
|
40 |
35 |
34 |
35 |
34 |
19 |
51 |
47 |
46 |
35 |
31 |
| Goodwill |
|
98 |
106 |
106 |
106 |
106 |
56 |
156 |
156 |
156 |
156 |
156 |
| Intangible Assets |
|
8.38 |
5.82 |
5.21 |
4.37 |
3.68 |
0.00 |
8.36 |
6.48 |
5.06 |
3.90 |
2.94 |
| Other Assets |
|
132 |
176 |
179 |
175 |
229 |
313 |
9,664 |
637 |
657 |
625 |
642 |
| Total Liabilities & Shareholders' Equity |
|
3,782 |
4,055 |
4,430 |
4,701 |
4,922 |
6,782 |
12,066 |
13,190 |
13,636 |
14,353 |
15,342 |
| Total Liabilities |
|
3,441 |
3,647 |
4,001 |
4,247 |
4,424 |
6,081 |
10,874 |
12,020 |
12,410 |
12,957 |
13,866 |
| Non-Interest Bearing Deposits |
|
- |
- |
- |
- |
- |
781 |
3,920 |
3,519 |
2,945 |
3,411 |
3,962 |
| Interest Bearing Deposits |
|
2,844 |
2,926 |
3,335 |
3,886 |
3,815 |
3,744 |
6,539 |
6,735 |
7,585 |
8,276 |
8,879 |
| Long-Term Debt |
|
392 |
590 |
580 |
319 |
514 |
1,438 |
224 |
1,333 |
1,513 |
930 |
781 |
| Other Long-Term Liabilities |
|
35 |
29 |
35 |
41 |
95 |
117 |
191 |
433 |
366 |
340 |
244 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
341 |
408 |
429 |
454 |
497 |
701 |
1,193 |
1,170 |
1,226 |
1,397 |
1,476 |
| Total Preferred & Common Equity |
|
341 |
408 |
429 |
454 |
497 |
701 |
1,193 |
1,170 |
1,226 |
1,397 |
1,476 |
| Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
117 |
117 |
117 |
117 |
117 |
117 |
| Total Common Equity |
|
341 |
408 |
429 |
454 |
497 |
585 |
1,076 |
1,053 |
1,110 |
1,280 |
1,359 |
| Common Stock |
|
279 |
330 |
348 |
352 |
357 |
279 |
495 |
496 |
495 |
625 |
624 |
| Retained Earnings |
|
72 |
92 |
97 |
117 |
151 |
601 |
655 |
763 |
813 |
795 |
854 |
| Treasury Stock |
|
- |
-0.16 |
-0.30 |
-0.78 |
-1.84 |
-287 |
-59 |
-103 |
-98 |
-87 |
-78 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-9.62 |
-13 |
-15 |
-15 |
-8.34 |
-5.92 |
-6.18 |
-94 |
-92 |
-45 |
-31 |
| Other Equity Adjustments |
|
- |
- |
- |
- |
- |
-1.50 |
-7.84 |
-8.08 |
-8.62 |
-7.64 |
-8.66 |
Quarterly Balance Sheets for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table presents Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q1 2026 |
Q2 2026 |
| Total Assets |
|
13,842 |
13,803 |
13,651 |
13,501 |
13,549 |
13,747 |
14,098 |
14,208 |
14,539 |
15,000 |
15,043 |
| Cash and Due from Banks |
|
663 |
453 |
359 |
371 |
414 |
626 |
1,031 |
1,157 |
1,715 |
2,060 |
1,935 |
| Trading Account Securities |
|
1,663 |
1,647 |
1,648 |
1,584 |
1,542 |
1,473 |
1,441 |
1,420 |
1,367 |
1,557 |
1,672 |
| Loans and Leases, Net of Allowance |
|
10,654 |
10,801 |
10,778 |
10,689 |
10,747 |
10,807 |
10,778 |
10,778 |
10,632 |
10,512 |
10,599 |
| Loans and Leases |
|
10,732 |
10,876 |
10,851 |
10,765 |
10,825 |
10,892 |
10,869 |
10,871 |
10,726 |
10,613 |
10,704 |
| Allowance for Loan and Lease Losses |
|
78 |
76 |
73 |
76 |
78 |
85 |
90 |
93 |
94 |
101 |
105 |
| Loans Held for Sale |
|
2.17 |
0.37 |
3.92 |
8.97 |
15 |
13 |
2.53 |
14 |
0.00 |
38 |
1.86 |
| Premises and Equipment, Net |
|
46 |
46 |
46 |
45 |
36 |
35 |
34 |
34 |
33 |
31 |
31 |
| Goodwill |
|
156 |
156 |
156 |
156 |
156 |
156 |
156 |
156 |
156 |
156 |
156 |
| Intangible Assets |
|
6.11 |
5.76 |
5.41 |
4.75 |
4.47 |
4.18 |
3.64 |
3.41 |
3.17 |
2.73 |
2.53 |
| Other Assets |
|
11,306 |
695 |
656 |
644 |
635 |
633 |
652 |
647 |
634 |
643 |
646 |
| Total Liabilities & Shareholders' Equity |
|
13,842 |
13,803 |
13,651 |
13,501 |
13,549 |
13,747 |
14,098 |
14,208 |
14,539 |
15,000 |
15,043 |
| Total Liabilities |
|
12,650 |
12,600 |
12,447 |
12,262 |
12,298 |
12,483 |
12,686 |
12,777 |
13,087 |
13,503 |
13,522 |
| Non-Interest Bearing Deposits |
|
3,122 |
2,955 |
3,043 |
2,921 |
3,065 |
3,319 |
3,334 |
3,478 |
3,681 |
3,866 |
3,993 |
| Interest Bearing Deposits |
|
7,448 |
7,568 |
7,594 |
7,978 |
7,963 |
8,098 |
8,282 |
8,262 |
8,381 |
8,733 |
8,684 |
| Long-Term Debt |
|
1,700 |
1,648 |
1,323 |
973 |
896 |
780 |
780 |
780 |
780 |
666 |
616 |
| Other Long-Term Liabilities |
|
380 |
429 |
487 |
390 |
374 |
285 |
289 |
256 |
245 |
237 |
229 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
1,191 |
1,203 |
1,204 |
1,239 |
1,251 |
1,264 |
1,412 |
1,431 |
1,452 |
1,497 |
1,520 |
| Total Preferred & Common Equity |
|
1,191 |
1,203 |
1,204 |
1,239 |
1,251 |
1,264 |
1,412 |
1,431 |
1,452 |
1,497 |
1,520 |
| Preferred Stock |
|
117 |
117 |
117 |
117 |
117 |
117 |
117 |
117 |
117 |
117 |
117 |
| Total Common Equity |
|
1,075 |
1,086 |
1,088 |
1,123 |
1,134 |
1,147 |
1,295 |
1,314 |
1,336 |
1,380 |
1,404 |
| Common Stock |
|
494 |
494 |
495 |
493 |
489 |
489 |
624 |
623 |
623 |
623 |
623 |
| Retained Earnings |
|
789 |
805 |
808 |
819 |
826 |
828 |
803 |
820 |
835 |
876 |
898 |
| Treasury Stock |
|
-96 |
-97 |
-98 |
-94 |
-86 |
-86 |
-80 |
-77 |
-78 |
-70 |
-68 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-99 |
-104 |
-107 |
-85 |
-83 |
-73 |
-39 |
-38 |
-34 |
-33 |
-32 |
| Other Equity Adjustments |
|
-13 |
-12 |
-10 |
-10 |
-12 |
-10 |
-13 |
-14 |
-11 |
-16 |
-18 |
Annual Metrics And Ratios for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table displays calculated financial ratios and metrics derived from Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$1.43 |
$2.01 |
$1.04 |
$1.97 |
$2.59 |
$2.11 |
$2.45 |
$3.73 |
$2.29 |
$0.55 |
$2.36 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
17.45M |
19.69M |
19.78M |
19.85M |
19.84M |
41.49M |
39.65M |
38.53M |
38.83M |
43.64M |
43.91M |
| Adjusted Diluted Earnings per Share |
|
$1.43 |
$2.00 |
$1.04 |
$1.97 |
$2.59 |
$2.11 |
$2.45 |
$3.73 |
$2.29 |
$0.55 |
$2.36 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
17.45M |
19.69M |
19.78M |
19.85M |
19.84M |
41.49M |
39.65M |
38.53M |
38.83M |
43.64M |
43.91M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
17.45M |
19.69M |
19.78M |
19.85M |
19.84M |
41.49M |
39.65M |
38.53M |
38.83M |
43.64M |
43.91M |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Quarterly Metrics And Ratios for Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034
This table displays calculated financial ratios and metrics derived from Dime Community Bancshares, Inc. - 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034's official financial filings.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
43,905,888.00 |
44,113,491.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
43,905,888.00 |
44,113,491.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.79 |
0.79 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-21.90% |
-13.46% |
-3.66% |
3.73% |
-31.03% |
26.65% |
25.64% |
32.04% |
- |
19.02% |
15.28% |
| EBITDA Growth |
|
-51.86% |
-49.37% |
-28.06% |
-17.28% |
-157.07% |
9.85% |
45.90% |
102.23% |
- |
69.81% |
19.44% |
| EBIT Growth |
|
-54.14% |
-52.33% |
-30.67% |
-21.04% |
-167.48% |
18.26% |
54.32% |
120.01% |
- |
69.03% |
19.18% |
| NOPAT Growth |
|
-59.29% |
-52.57% |
-32.80% |
-11.06% |
-173.36% |
21.29% |
60.71% |
107.63% |
- |
61.16% |
17.23% |
| Net Income Growth |
|
-59.29% |
-52.57% |
-32.80% |
-11.06% |
-225.17% |
21.29% |
60.71% |
107.63% |
- |
61.16% |
17.23% |
| EPS Growth |
|
-62.63% |
-55.43% |
-34.85% |
-14.71% |
-256.76% |
9.76% |
48.84% |
103.45% |
- |
66.67% |
17.19% |
| Operating Cash Flow Growth |
|
-183.91% |
129.09% |
-59.54% |
-138.60% |
322.30% |
112.84% |
82.74% |
256.36% |
- |
-26.67% |
143.05% |
| Free Cash Flow Firm Growth |
|
78.87% |
148.08% |
152.37% |
190.41% |
281.37% |
-94.03% |
-104.89% |
-132.40% |
- |
53.62% |
410.34% |
| Invested Capital Growth |
|
9.48% |
-23.48% |
-24.71% |
-19.12% |
-15.06% |
-0.91% |
3.03% |
9.22% |
- |
-1.34% |
-3.38% |
| Revenue Q/Q Growth |
|
-1.68% |
-1.20% |
6.48% |
0.28% |
-34.63% |
81.43% |
5.63% |
5.40% |
- |
-0.15% |
2.31% |
| EBITDA Q/Q Growth |
|
11.13% |
-3.32% |
5.68% |
-27.15% |
-176.67% |
286.09% |
40.36% |
0.98% |
- |
0.75% |
-1.28% |
| EBIT Q/Q Growth |
|
9.75% |
-4.16% |
7.23% |
-30.00% |
-193.79% |
267.98% |
39.93% |
-0.20% |
- |
1.47% |
-1.34% |
| NOPAT Q/Q Growth |
|
8.83% |
8.48% |
4.45% |
-27.88% |
-189.77% |
279.36% |
38.40% |
-6.82% |
- |
8.56% |
0.67% |
| Net Income Q/Q Growth |
|
8.83% |
8.48% |
4.45% |
-27.88% |
-253.17% |
205.12% |
38.40% |
-6.82% |
- |
8.56% |
0.67% |
| EPS Q/Q Growth |
|
8.82% |
10.81% |
4.88% |
-32.56% |
-300.00% |
177.59% |
42.22% |
-7.81% |
- |
10.29% |
0.00% |
| Operating Cash Flow Q/Q Growth |
|
-146.40% |
176.76% |
-58.94% |
-363.98% |
367.18% |
-26.51% |
-64.75% |
125.88% |
- |
4.31% |
16.85% |
| Free Cash Flow Firm Q/Q Growth |
|
59.79% |
415.42% |
3.74% |
-31.29% |
-19.34% |
-89.61% |
-184.85% |
-355.64% |
- |
-37.58% |
71.41% |
| Invested Capital Q/Q Growth |
|
8.38% |
-19.23% |
-2.99% |
-4.76% |
13.82% |
-5.78% |
0.87% |
0.97% |
- |
-4.13% |
-1.22% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
33.38% |
32.67% |
32.42% |
23.55% |
-27.63% |
28.33% |
37.65% |
36.07% |
- |
40.43% |
39.01% |
| EBIT Margin |
|
30.52% |
29.61% |
29.81% |
20.81% |
-29.86% |
27.65% |
36.62% |
34.68% |
- |
39.26% |
37.86% |
| Profit (Net Income) Margin |
|
19.65% |
21.58% |
21.16% |
15.22% |
-35.66% |
20.66% |
27.07% |
23.93% |
- |
27.98% |
27.53% |
| Tax Burden Percent |
|
64.38% |
72.87% |
70.99% |
73.13% |
119.44% |
74.74% |
73.92% |
69.02% |
- |
71.26% |
72.72% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
- |
100.00% |
100.00% |
| Effective Tax Rate |
|
35.62% |
27.13% |
29.01% |
26.87% |
0.00% |
25.26% |
26.08% |
30.98% |
- |
28.74% |
27.28% |
| Return on Invested Capital (ROIC) |
|
2.65% |
2.87% |
2.85% |
2.26% |
-2.59% |
3.15% |
4.45% |
4.32% |
- |
6.07% |
6.20% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.65% |
2.87% |
2.85% |
2.26% |
-3.28% |
3.15% |
4.45% |
4.32% |
- |
6.07% |
6.20% |
| Return on Net Nonoperating Assets (RNNOA) |
|
3.14% |
3.16% |
2.96% |
1.93% |
-3.06% |
2.08% |
2.78% |
2.48% |
- |
3.02% |
2.93% |
| Return on Equity (ROE) |
|
5.79% |
6.04% |
5.81% |
4.19% |
-5.65% |
5.24% |
7.24% |
6.81% |
- |
9.09% |
9.13% |
| Cash Return on Invested Capital (CROIC) |
|
-5.38% |
29.60% |
30.89% |
24.02% |
17.44% |
2.41% |
-0.96% |
-6.09% |
- |
7.03% |
9.37% |
| Operating Return on Assets (OROA) |
|
0.80% |
0.74% |
0.73% |
0.52% |
-0.67% |
0.67% |
0.95% |
0.95% |
- |
1.28% |
1.27% |
| Return on Assets (ROA) |
|
0.52% |
0.54% |
0.52% |
0.38% |
-0.80% |
0.50% |
0.70% |
0.65% |
- |
0.91% |
0.92% |
| Return on Common Equity (ROCE) |
|
5.22% |
5.46% |
5.26% |
3.80% |
-5.15% |
4.78% |
6.61% |
6.22% |
- |
8.36% |
8.41% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
6.17% |
5.39% |
5.21% |
0.00% |
2.33% |
3.08% |
4.02% |
- |
8.27% |
8.48% |
| Net Operating Profit after Tax (NOPAT) |
|
16 |
18 |
18 |
13 |
-12 |
21 |
30 |
28 |
- |
35 |
35 |
| NOPAT Margin |
|
19.65% |
21.58% |
21.16% |
15.22% |
-20.90% |
20.66% |
27.07% |
23.93% |
- |
27.98% |
27.53% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.69% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
51.98% |
55.14% |
52.27% |
56.82% |
86.85% |
48.26% |
46.13% |
46.03% |
- |
44.70% |
43.32% |
| Operating Expenses to Revenue |
|
65.00% |
64.04% |
63.79% |
65.93% |
105.90% |
63.08% |
54.97% |
53.82% |
- |
50.77% |
51.17% |
| Earnings before Interest and Taxes (EBIT) |
|
25 |
24 |
26 |
18 |
-17 |
29 |
40 |
40 |
- |
49 |
48 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
28 |
27 |
28 |
21 |
-16 |
29 |
41 |
42 |
- |
50 |
49 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.90 |
0.64 |
0.70 |
0.97 |
1.04 |
0.93 |
0.89 |
0.97 |
- |
1.07 |
1.27 |
| Price to Tangible Book Value (P/TBV) |
|
1.05 |
0.74 |
0.81 |
1.13 |
1.19 |
1.06 |
1.01 |
1.10 |
- |
1.21 |
1.43 |
| Price to Revenue (P/Rev) |
|
2.82 |
2.10 |
2.35 |
3.29 |
4.24 |
3.60 |
3.27 |
3.36 |
- |
3.13 |
3.65 |
| Price to Earnings (P/E) |
|
11.20 |
10.32 |
13.13 |
19.11 |
61.05 |
47.32 |
31.87 |
25.38 |
- |
12.71 |
14.67 |
| Dividend Yield |
|
3.86% |
5.46% |
4.95% |
3.50% |
3.28% |
3.62% |
3.74% |
3.38% |
- |
2.98% |
2.48% |
| Earnings Yield |
|
8.93% |
9.69% |
7.61% |
5.23% |
1.64% |
2.11% |
3.14% |
3.94% |
- |
7.86% |
6.82% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.79 |
0.65 |
0.65 |
0.68 |
0.47 |
0.49 |
0.41 |
0.21 |
- |
0.09 |
0.27 |
| Enterprise Value to Revenue (EV/Rev) |
|
6.14 |
4.21 |
4.12 |
4.09 |
3.48 |
3.20 |
2.55 |
1.24 |
- |
0.43 |
1.19 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
14.96 |
12.07 |
12.89 |
13.43 |
18.26 |
17.20 |
12.08 |
4.96 |
- |
1.12 |
3.05 |
| Enterprise Value to EBIT (EV/EBIT) |
|
15.83 |
13.00 |
14.07 |
14.80 |
21.27 |
19.26 |
13.03 |
5.22 |
- |
1.16 |
3.16 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
22.55 |
18.74 |
20.59 |
21.11 |
37.62 |
32.75 |
20.70 |
8.21 |
- |
1.65 |
4.52 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
23.85 |
13.24 |
15.50 |
0.00 |
11.05 |
8.04 |
6.33 |
2.09 |
- |
1.21 |
2.88 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
1.90 |
1.80 |
2.53 |
2.48 |
20.29 |
0.00 |
0.00 |
- |
1.34 |
2.86 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
1.23 |
0.79 |
0.72 |
0.62 |
0.67 |
0.55 |
0.55 |
0.54 |
- |
0.44 |
0.41 |
| Long-Term Debt to Equity |
|
1.23 |
0.79 |
0.72 |
0.62 |
0.67 |
0.55 |
0.55 |
0.54 |
- |
0.44 |
0.41 |
| Financial Leverage |
|
1.19 |
1.10 |
1.04 |
0.85 |
0.93 |
0.66 |
0.63 |
0.57 |
- |
0.50 |
0.47 |
| Leverage Ratio |
|
11.20 |
11.25 |
11.15 |
11.10 |
10.67 |
10.41 |
10.35 |
10.41 |
- |
10.00 |
9.91 |
| Compound Leverage Factor |
|
11.20 |
11.25 |
11.15 |
11.10 |
10.67 |
10.41 |
10.35 |
10.41 |
- |
10.00 |
9.91 |
| Debt to Total Capital |
|
55.24% |
43.98% |
41.74% |
38.17% |
39.98% |
35.59% |
35.29% |
34.95% |
- |
30.79% |
28.84% |
| Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| Long-Term Debt to Total Capital |
|
55.24% |
43.98% |
41.74% |
38.17% |
39.98% |
35.59% |
35.29% |
34.95% |
- |
30.79% |
28.84% |
| Preferred Equity to Total Capital |
|
4.26% |
5.27% |
5.43% |
5.70% |
5.01% |
5.32% |
5.27% |
5.22% |
- |
5.39% |
5.46% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
40.51% |
50.75% |
52.83% |
56.13% |
55.01% |
59.09% |
59.44% |
59.83% |
- |
63.82% |
65.71% |
| Debt to EBITDA |
|
10.44 |
8.19 |
8.32 |
7.55 |
15.53 |
12.48 |
10.33 |
8.08 |
- |
3.65 |
3.23 |
| Net Debt to EBITDA |
|
7.29 |
5.07 |
4.47 |
1.49 |
-5.90 |
-4.00 |
-4.98 |
-9.67 |
- |
-7.63 |
-6.92 |
| Long-Term Debt to EBITDA |
|
10.44 |
8.19 |
8.32 |
7.55 |
15.53 |
12.48 |
10.33 |
8.08 |
- |
3.65 |
3.23 |
| Debt to NOPAT |
|
15.75 |
12.72 |
13.28 |
11.86 |
31.99 |
23.75 |
17.71 |
13.36 |
- |
5.38 |
4.78 |
| Net Debt to NOPAT |
|
10.99 |
7.88 |
7.14 |
2.34 |
-12.15 |
-7.62 |
-8.54 |
-16.00 |
- |
-11.26 |
-10.23 |
| Long-Term Debt to NOPAT |
|
15.75 |
12.72 |
13.28 |
11.86 |
31.99 |
23.75 |
17.71 |
13.36 |
- |
5.38 |
4.78 |
| Noncontrolling Interest Sharing Ratio |
|
9.73% |
9.59% |
9.50% |
9.45% |
8.89% |
8.79% |
8.69% |
8.58% |
- |
8.01% |
7.90% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-221 |
697 |
723 |
497 |
401 |
42 |
-35 |
-161 |
- |
64 |
110 |
| Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| Free Cash Flow to Firm to Interest Expense |
|
-2.61 |
7.79 |
8.61 |
5.89 |
5.39 |
0.62 |
-0.51 |
-2.23 |
- |
1.05 |
1.82 |
| Operating Cash Flow to Interest Expense |
|
-0.47 |
0.34 |
0.15 |
-0.40 |
1.20 |
0.97 |
0.33 |
0.72 |
- |
0.78 |
0.93 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
-0.47 |
0.39 |
0.30 |
-0.40 |
1.24 |
0.97 |
0.33 |
0.75 |
- |
0.78 |
0.93 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.03 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.03 |
0.03 |
- |
0.03 |
0.03 |
| Fixed Asset Turnover |
|
7.63 |
7.53 |
8.22 |
8.39 |
7.79 |
8.60 |
10.24 |
11.43 |
- |
14.72 |
15.17 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
2,739 |
2,213 |
2,146 |
2,044 |
2,327 |
2,192 |
2,211 |
2,233 |
- |
2,163 |
2,137 |
| Invested Capital Turnover |
|
0.13 |
0.13 |
0.13 |
0.15 |
0.12 |
0.15 |
0.16 |
0.18 |
- |
0.22 |
0.23 |
| Increase / (Decrease) in Invested Capital |
|
237 |
-679 |
-704 |
-483 |
-413 |
-20 |
65 |
189 |
- |
-29 |
-75 |
| Enterprise Value (EV) |
|
2,167 |
1,433 |
1,389 |
1,389 |
1,094 |
1,076 |
912 |
480 |
- |
205 |
582 |
| Market Capitalization |
|
995 |
714 |
790 |
1,119 |
1,331 |
1,210 |
1,172 |
1,298 |
- |
1,482 |
1,784 |
| Book Value per Share |
|
$28.58 |
$28.92 |
$29.10 |
$29.31 |
$32.69 |
$29.69 |
$30.00 |
$30.43 |
- |
$31.44 |
$31.82 |
| Tangible Book Value per Share |
|
$24.44 |
$24.78 |
$24.99 |
$25.22 |
$28.61 |
$26.03 |
$26.36 |
$26.81 |
- |
$27.83 |
$28.24 |
| Total Capital |
|
2,739 |
2,213 |
2,146 |
2,044 |
2,327 |
2,192 |
2,211 |
2,233 |
- |
2,163 |
2,137 |
| Total Debt |
|
1,513 |
973 |
896 |
780 |
930 |
780 |
780 |
780 |
- |
666 |
616 |
| Total Long-Term Debt |
|
1,513 |
973 |
896 |
780 |
930 |
780 |
780 |
780 |
- |
666 |
616 |
| Net Debt |
|
1,056 |
602 |
482 |
154 |
-353 |
-250 |
-376 |
-935 |
- |
-1,394 |
-1,318 |
| Capital Expenditures (CapEx) |
|
0.00 |
-3.88 |
-12 |
0.00 |
-2.95 |
0.00 |
0.00 |
-2.00 |
- |
0.00 |
0.00 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
8.45 |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
1,513 |
973 |
896 |
780 |
930 |
780 |
780 |
780 |
- |
666 |
616 |
| Total Depreciation and Amortization (D&A) |
|
2.38 |
2.51 |
2.28 |
2.40 |
1.28 |
0.72 |
1.13 |
1.61 |
- |
1.44 |
1.45 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.37 |
$0.41 |
$0.43 |
$0.29 |
($0.58) |
$0.45 |
$0.64 |
$0.59 |
$0.68 |
$0.75 |
$0.75 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
38.83M |
38.97M |
39.15M |
39.15M |
43.64M |
43.82M |
43.89M |
43.89M |
43.91M |
44.11M |
44.16M |
| Adjusted Diluted Earnings per Share |
|
$0.37 |
$0.41 |
$0.43 |
$0.29 |
($0.58) |
$0.45 |
$0.64 |
$0.59 |
$0.68 |
$0.75 |
$0.75 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
38.83M |
38.97M |
39.15M |
39.15M |
43.64M |
43.82M |
43.89M |
43.89M |
43.91M |
44.11M |
44.16M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
38.83M |
38.97M |
39.15M |
39.15M |
43.64M |
43.82M |
43.89M |
43.89M |
43.91M |
44.11M |
44.16M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
16 |
18 |
18 |
13 |
-12 |
21 |
30 |
28 |
- |
35 |
35 |
| Normalized NOPAT Margin |
|
19.65% |
21.58% |
21.16% |
15.22% |
-20.90% |
20.66% |
27.07% |
23.93% |
- |
27.98% |
27.53% |
| Pre Tax Income Margin |
|
30.52% |
29.61% |
29.81% |
20.81% |
-29.86% |
27.65% |
36.62% |
34.68% |
- |
39.26% |
37.86% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.30 |
0.27 |
0.31 |
0.22 |
-0.23 |
0.42 |
0.58 |
0.56 |
- |
0.79 |
0.80 |
| NOPAT to Interest Expense |
|
0.19 |
0.20 |
0.22 |
0.16 |
-0.16 |
0.32 |
0.43 |
0.38 |
- |
0.57 |
0.58 |
| EBIT Less CapEx to Interest Expense |
|
0.30 |
0.31 |
0.46 |
0.22 |
-0.19 |
0.42 |
0.58 |
0.58 |
- |
0.79 |
0.80 |
| NOPAT Less CapEx to Interest Expense |
|
0.19 |
0.24 |
0.37 |
0.16 |
-0.12 |
0.32 |
0.43 |
0.41 |
- |
0.57 |
0.58 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
46.40% |
58.84% |
66.73% |
68.51% |
155.83% |
141.69% |
108.44% |
83.88% |
- |
40.62% |
39.05% |
| Augmented Payout Ratio |
|
47.39% |
58.84% |
66.73% |
68.51% |
155.83% |
141.69% |
108.44% |
83.88% |
- |
40.62% |
39.05% |
Key Financial Trends
Dime Community Bancshares (NASDAQ: DCOM) showed continued earnings improvement in Q2 2026. Net income rose to $34.8 million, compared with $18.5 million in Q2 2025 and $34.6 million in Q1 2026. Net income attributable to common shareholders increased to $33.0 million, while diluted EPS reached $0.75, up from $0.43 a year earlier. The Q2 2025 income statement was restated, so investors should consider that when making year-over-year comparisons.
Revenue growth was led by stronger net interest income. Total revenue increased to $126.5 million from $109.7 million in Q2 2025, while net interest income climbed to $115.2 million from $98.1 million. Total interest income also increased, and interest expense declined modestly from the prior-year quarter. Sequentially, net interest income increased 2.6% from Q1 2026, indicating that core banking profitability remained on an improving trajectory.
The longer-term earnings trend is mixed but favorable relative to the 2024 trough. Net interest income rose from $93.5 million in Q2 2022 to $115.2 million in Q2 2026. Common EPS declined from $0.94 in Q2 2022 to $0.43 in Q2 2024 before recovering to $0.75 in the latest quarter. The Q4 2024 loss, which was largely associated with substantial investment-security losses, appears to have been followed by a meaningful recovery in 2025 and 2026.
- Strong earnings recovery: Net income attributable to common shareholders increased approximately 18% sequentially from Q3 2025 to Q2 2026 and was substantially above the Q2 2024 level.
- Improving net interest income: Net interest income reached $115.2 million in Q2 2026, up 17.4% from the restated Q2 2025 figure and nearly 56% above Q2 2024.
- Higher EPS: Diluted EPS improved to $0.75 from $0.43 year over year and $0.59 in Q3 2025, supporting a stronger per-share earnings profile.
- Deposit growth: Total deposits increased to approximately $12.7 billion at June 30, 2026, up from $11.0 billion a year earlier. Non-interest-bearing deposits also rose, which can help reduce funding costs.
- Lower funding costs: Deposit interest expense declined slightly year over year, while long-term debt interest expense fell to $7.4 million from $8.4 million in Q2 2025.
- Improved capital base: Total equity increased to $1.52 billion from $1.25 billion a year earlier. Retained earnings rose to $898.1 million, providing additional support for balance-sheet growth and dividends.
- Positive operating cash flow: Cash generated from operating activities increased to $56.1 million in Q2 2026 from $23.1 million in Q2 2025, despite higher cash taxes paid.
- Stable loan balances: Gross loans and leases were $10.7 billion at quarter-end, slightly below the prior-year level but up from Q1 2026. This suggests loan growth has not yet become a major driver of recent balance-sheet expansion.
- Rising credit-loss provisions: The provision for credit losses increased to $13.9 million from $5.6 million in Q2 2025 and $12.3 million in Q1 2026. The allowance for loan losses also increased to $105.0 million, signaling greater credit-risk costs.
- Large investing cash outflow: Investing activities used $194.2 million in Q2 2026, primarily because of $176.4 million in investment-security purchases. Total cash and equivalents consequently declined by $125.0 million during the quarter.
Balance-sheet trends require close monitoring. Total assets increased to $15.0 billion from $14.2 billion at June 30, 2025, and $13.7 billion in Q3 2024. However, the expansion has been driven more by deposits and securities than by loan growth. Trading account securities increased to $1.67 billion from $1.42 billion a year earlier, while loans held for sale declined sharply to $1.9 million from $13.6 million.
DCOM’s credit metrics are a key risk area. The allowance for loan and lease losses increased from $75.6 million in Q2 2023 to $105.0 million in Q2 2026, while quarterly provisions have remained elevated since 2025. Although profitability has improved, additional credit deterioration could pressure earnings and capital.
The company continues to pay quarterly dividends of roughly $12.6 million to $12.7 million, and its operating cash flow was sufficient to cover that distribution in Q2 2026. Overall, the statements point to a bank recovering from the weaker earnings environment of 2024, with stronger margins, deposit growth and capital accumulation. Investors should balance those positives against elevated credit-loss provisions, modest loan growth and significant investment-portfolio cash usage.
09/07/26 04:28 AM ETAI Generated. May Contain Errors.