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Stock impact report

Dime Community Bancshares, Inc. Reports Second Quarter 2024 Results With Earnings Per Share Increasing By 5% Versus the Prior Quarter [Yahoo! Finance]

Dime Community Bancshares, Inc. (DCOM) 
Last dime community bancshares, inc. earnings: 4/28 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.dime.com
Company Research Source: Yahoo! Finance
Successfully Onboarded Eight New Deposit Groups in the Second Quarter Subordinated Debt Offering Bolsters Total Capital Ratio to 14.5% HAUPPAUGE, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today reported net income available to common stockholders of $16.7 million for the quarter ended June 30, 2024, or $0.43 per diluted common share, compared to $15.9 million, or $0.41 per diluted common share, for the quarter ended March 31, 2024, and $25.7 million, or $0.66 per diluted common share for the quarter ended June 30, 2023. Stuart H. Lubow, President and Chief Executive Officer (“CEO”) of the Company, stated, “We continue to execute on our growth plan, which prioritizes core deposit growth and diversifying our balance sheet. The deposit-gathering Groups in our Private and Commercial Bank have grown their portfolio to approximately $1 billion. The growth in Show less Read more
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