Dime Community Bancshares (DCOM) announced a profit for its first quarter that increased from last year
The company's earnings came in at $19.636 million, or $0.45 per share. This compares with $15.870 million, or $0.41 per share, last year.
Excluding items, Dime Community Bancshares reported adjusted earnings of $24.688 million or $0.57 per share for the period.
Dime Community Bancshares earnings at a glance (GAAP) :
-Earnings: $19.636 Mln. vs. $15.870 Mln. last year.-EPS: $0.45 vs. $0.41 last year.
For the first quarter, the company registered net interest income of $94.213 million, higher than $71.530 million recorded for the same period last year.
Total non-interest income slipped to $9.633 million from the prior year’s $10.467 million.
Total deposits, including mortgage escrow deposits, as of March 31, 2025, were $11.61 billion, compared with $10.90 billion on March 31, 2024.
Total Federal Home Loan Bank advances were $508 million at March 31, 2025, compared with $773 million on March 31, 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.