Dime Community Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary

Dime Commercial Bancshares

23/01/2025 14:31

* Dime Community Bancshares Inc  DCOM.OQ  reported quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 39 cents.  The mean expectation of
five analysts for the quarter was for earnings of 45 cents per
share. Wall Street expected results to range from 40 cents to 48
cents per share.
    * Revenue rose 22.9% to $91.10 million from a year ago;
analysts
expected $88.21 million. 
    * Dime Community Bancshares Inc's reported EPS for the
quarter was
a loss of 54 cents​.
    * The company reported a quarterly loss of $22.23 million.
    * Dime Community Bancshares Inc shares had risen by 3.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Dime Community
Bancshares Inc is $42.00 
This summary was machine generated from LSEG data January 23 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.45           0.42           Missed
 Sep. 30 2024      0.41           0.29           Missed
 Jun. 30 2024      0.38           0.37           Missed
 Mar. 31 2024      0.37           0.42           Beat