Dime Community Bancshares (NASDAQ:DCOM – Get Free Report) announced its quarterly earnings results on Tuesday. The savings and loans company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.12), Yahoo Finance reports. Dime Community Bancshares had a net margin of 9.98% and a return on equity of 6.58%. The firm had revenue of $171.87 million during the quarter, compared to analyst estimates of $86.65 million. During the same period last year, the firm earned $0.56 EPS.
Dime Community Bancshares Stock Up 3.3 %
Shares of DCOM stock opened at $30.14 on Thursday. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 16.93 and a beta of 1.00. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.02 and a current ratio of 1.02. Dime Community Bancshares has a 52-week low of $17.29 and a 52-week high of $31.75. The firm’s 50-day moving average is $27.01 and its 200-day moving average is $22.58.
Dime Community Bancshares Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 17th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, October 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.32%. Dime Community Bancshares’s dividend payout ratio is 56.18%.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on DCOM
Dime Community Bancshares Company Profile
Dime Community Bancshares, Inc 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.
Featured Stories
- Five stocks we like better than Dime Community Bancshares
- Stock Average Calculator
- A $1.75 Billion Gamble: Can Lucid Ignite Growth?
- Differences Between Momentum Investing and Long Term Investing
- The Rally in Lockheed Martin and RTX Can Continue: Here’s Why
- Insider Trades May Not Tell You What You Think
- 3 Undervalued Technology Stocks With Big Rebound Potential
Receive News & Ratings for Dime Community Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dime Community Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.