Dime Community BancsharesDCOM
DCOM
About: Dime Community Bancshares Inc operates as a holding company. It gathers deposits from customers within its market area and via the internet and invests them in multifamily residential, commercial real estate, commercial and industrial (C&I) loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities, obligations of the U.S. government and government- sponsored enterprises (GSEs), and corporate debt and equity securities.
Employees: 851
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
45% more capital invested
Capital invested by funds: $618M [Q2] → $895M (+$277M) [Q3]
8% more funds holding
Funds holding: 157 [Q2] → 169 (+12) [Q3]
1.71% more ownership
Funds ownership: 77.72% [Q2] → 79.44% (+1.71%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 59
85% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $7.23M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$39
25%
upside
Avg. target
$41
30%
upside
High target
$42
34%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Christopher O'Connell 61% 1-year accuracy 14 / 23 met price target | 34%upside $42 | Outperform Maintained | 4 Dec 2024 |
Stephens & Co. Matt Breese 50% 1-year accuracy 3 / 6 met price target | 25%upside $39 | Overweight Upgraded | 18 Nov 2024 |
Financial journalist opinion
Based on 5 articles about DCOM published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
Dime Community Bancshares to Release Earnings on January 23, 2025
HAUPPAUGE, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended December 31, 2024 before the open of the U.S. equity markets on Thursday, January 23, 2025.
Neutral
GlobeNewsWire
1 week ago
Dime Receives “Outstanding” Rating on Community Reinvestment Act Exam from Federal Reserve Bank of New York
HAUPPAUGE, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company”), the parent company of Dime Community Bank (the “Bank” or “Dime”) announced today that Dime recently received an overall “Outstanding” Community Reinvestment Act (“CRA”) rating from the Federal Reserve Bank of New York (“FRBNY”).
Negative
Zacks Investment Research
1 week ago
Dime Community (DCOM) Loses -14.22% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Dime Community (DCOM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Neutral
GlobeNewsWire
3 weeks ago
Dime Community Bancshares, Inc. Announces Retirement of Michael P. Devine from Board of Directors
HAUPPAUGE, N.Y., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that Michael P.
Neutral
GlobeNewsWire
4 weeks ago
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock
HAUPPAUGE, N.Y., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on January 24, 2025 to common stockholders of record as of January 17, 2025.
Neutral
GlobeNewsWire
1 month ago
Dime Community Bancshares, Inc. Provides Update on Investment Portfolio Repositioning and Pension Termination
HAUPPAUGE, N.Y., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today announced the completion of a repositioning of its available-for-sale investment securities portfolio.
Negative
Seeking Alpha
2 months ago
Dime Community Bancshares: Consider Shifting From Baby Bonds To Preferred Shares
Dime Community Bancshares has seen significant improvements in net interest income due to 6% year-over-year deposit growth. DCOM's loan to deposit ratio has moderated to 95%, reducing external borrowing and lowering future borrowing costs. Risks include high loan concentration in multifamily lending and non-owner-occupied commercial real estate, with an inadequate allowance for credit losses.
Neutral
GlobeNewsWire
2 months ago
Dime Community Bancshares Announces Closing of Common Stock Offering
HAUPPAUGE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime” or the “Company”), the parent company of Dime Community Bank, announced the closing of its public offering of 4,492,187 shares of its common stock, $0.01 par value (the “Common Stock”), at a public offering price of $32.00 per share, which included 585,937 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.
Neutral
GlobeNewsWire
2 months ago
Dime Community Bancshares Announces Pricing of Common Stock Offering
HAUPPAUGE, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime” or the “Company”), the parent company of Dime Community Bank, announced the pricing of a public offering of 3,906,250 shares of its common stock, $0.01 par value (the “Common Stock”), at a public offering price of $32.00 per share, for aggregate gross proceeds of $125 million.
Neutral
GlobeNewsWire
2 months ago
Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock
HAUPPAUGE, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP and DCOMG) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on November 15, 2024 to holders of record as of November 8, 2024.
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