Dime Community Bancshares Inc

Company Profile

Dime Community Bancshares Inc had its IPO on 1996-06-26 under the ticker symbol DCOM.

The company operates in the Financial Services sector and Banks-Regional industry. Dime Community Bancshares Inc has a staff strength of 823 employees.

Stock update

Shares of Dime Community Bancshares Inc opened at $20.38 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.29 - $20.68, and closed at $20.61.

This is a +1.43% increase from the previous day's closing price.

A total volume of 122,728 shares were traded at the close of the day’s session.

In the last one week, shares of Dime Community Bancshares Inc have slipped by -7.45%.

Dime Community Bancshares Inc's Key Ratios

Dime Community Bancshares Inc has a market cap of $659.76 million, indicating a price to book ratio of 1.2202 and a price to sales ratio of 3.1197.

In the last 12-months Dime Community Bancshares Inc’s revenue was $413.14 million with a gross profit of $412.65 million and an EBITDA of $0. The EBITDA ratio measures Dime Community Bancshares Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Dime Community Bancshares Inc’s operating margin was 54.23% while its return on assets stood at 1.2% with a return of equity of 13.24%.

In Q1, Dime Community Bancshares Inc’s quarterly earnings growth was a positive 12.2% while revenue growth was a positive 0.5%.

Dime Community Bancshares Inc’s PE and PEG Ratio

Forward PE

13.0039

Trailing PE

4.1769

PEG

13.64

Its diluted EPS in the last 12-months stands at $4.07 per share while it has a forward price to earnings multiple of 13.0039 and a PEG multiple of 13.64. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Dime Community Bancshares Inc’s profitability.

Dime Community Bancshares Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1197.

Dime Community Bancshares Inc stock pays annual dividends of $0.96 per share, indicating a yield of 6.08% and a payout ratio of 25.33%.

Balance sheet and cash flow metrics

Total Assets

$13.84 billion

Total Liabilities

$11.83 million

Operating Cash Flow

$0

Capital Expenditure

$787000

Dividend Payout Ratio

25.33%

Dime Community Bancshares Inc ended 2024 with $13.84 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.84 billion while shareholder equity stood at $1.19 billion.

Dime Community Bancshares Inc ended 2024 with $0 in deferred long-term liabilities, $11.83 million in other current liabilities, 416000.00 in common stock, $789.01 million in retained earnings and $155.80 million in goodwill. Its cash balance stood at $663.13 million and cash and short-term investments were $507.68 million. The company’s total short-term debt was $2,068,000 while long-term debt stood at $1.70 billion.

Dime Community Bancshares Inc’s total current assets stands at $507.68 million while long-term investments were $1.53 billion and short-term investments were $926.81 million. Its net receivables were $49.93 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Dime Community Bancshares Inc's operating cash flow was $0 while its capital expenditure stood at $787000.

Comparatively, Dime Community Bancshares Inc paid $0.25 in dividends in 2024.

Other key metrics

Current Trading Price

$20.61

52-Week High

$35.8222

52-Week Low

$15.57

Analyst Target Price

$25.4

Dime Community Bancshares Inc stock is currently trading at $20.61 per share. It touched a 52-week high of $35.8222 and a 52-week low of $35.8222. Analysts tracking the stock have a 12-month average target price of $25.4.

Its 50-day moving average was $21.09 and 200-day moving average was $24.01 The short ratio stood at 8.68 indicating a short percent outstanding of 0%.

Around 732% of the company’s stock are held by insiders while 7371.7% are held by institutions.