Dime Community Bancshares Inc

Chart & Performance

D1W1MN

P/E

42.98

P/S

1.92

EPS

0.66

Div Yield, %

3.52%

Shrs. gr., 5y

18.63%

Rev. gr., 5y

32.43%

Revenues

650m

+85.75%

Net income

29m

-69.73%

CFO

99m

+9.00%

Dividend

Oct 17, 20240.25 USD/sh

Profile

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it 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, the company offers certificate of deposit account registry services and insured cash sweep programs; 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. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.

URL

https://www.dime.com/

IPO date

Sep 13, 1988

Employees

823

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	650,149 85.75%	350,007 -16.27%	418,019 4.59%
Cost of revenue	152,699	133,071	132,106
Unusual Expense (Income)
NOPBT	497,450	216,936	285,913
NOPBT Margin	76.51%	61.98%	68.40%
Operating Taxes	22,355	40,785	59,359
Tax Rate	4.49%	18.80%	20.76%
NOPAT	475,095	176,151	226,554
Net income	29,084 -69.73%	96,094 -37.01%	152,556 46.69%
Dividends	(45,322)	(44,588)	(44,077)
Dividend yield	3.21%	6.62%	3.59%
Proceeds from repurchase of equity	135,764	(947)	(45,595)
BB yield	-9.61%	0.14%	3.72%
Debt
Debt current	50,000		1,360
Long-term debt	48,993	359,104	1,451,963
Deferred revenue			(37,631)
Other long-term liabilities	12,906,741	12,106,130	(1,390,263)
Net debt	(1,875,271)	(984,683)	(1,202,946)
Cash flow
Cash from operating activities	99,056	90,874	295,172
CAPEX	(6,258)	(5,721)	(3,745)
Cash from investing activities	64,125	(214,046)	(1,332,191)
Cash from financing activities	662,843	411,422	812,594
FCF	441,337	177,415	228,664
Balance
Cash	1,974,264	1,343,787	1,119,884
Long term investments			1,536,385
Excess cash	1,941,757	1,326,287	2,635,368
Stockholders' equity	866,538	838,413	789,507
Invested Capital	13,536,720	12,797,592	12,368,282
ROIC	3.61%	1.40%	1.91%
ROCE	3.45%	1.59%	2.17%
EV
Common stock shares outstanding	45,955	38,187	38,539
Price	30.74 74.23%	17.64 -44.58%	31.83 -9.47%
Market cap	1,412,432 109.68%	673,627 -45.09%	1,226,691 -10.32%
EV	(346,270)	(194,487)	140,314
EBITDA	504,307	224,386	296,105
EV/EBITDA			0.47
Interest	332,095	292,789	59,362
Interest/NOPBT	66.76%	134.97%	20.76%