Loading...
Docoh

Dime Community Bancshares (DCOM)

Dime Community Bancshares, Inc., a New York corporation, is a bank holding company engaged in commercial banking and financial services through its wholly owned subsidiary, Dime Community Bank (Dime). Headquartered in Hauppauge, NY, the Bank has over 60 branches spanning Montauk to Manhattan. Dime provides deposit and loan products and financial services to local businesses, consumers and municipalities. Title insurance services are offered through Dime’s wholly owned subsidiary, Bridge Abstract. Bridge Financial Services Inc., a wholly owned subsidiary of Dime, offers financial planning and investment consultation.

Company profile

Ticker
DCOM, DCOMP
Exchange
Website
CEO
Kevin M. O'Connor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BRIDGE BANCORP INC, BRIDGE BANCORP, INC.
SEC CIK
Subsidiaries
195 Havemeyer Corp. • Boulevard Funding Corp. • Bridge Abstract LLC • Dime Financial Services, Inc. • Dime Community, Inc. • Dime Insurance Agency Inc. • Dime Reinvestment Corporation • DSB Holdings ...
IRS number
112934195

DCOM stock data

Calendar

9 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 432.99M 432.99M 432.99M 432.99M 432.99M 432.99M
Cash burn (monthly) (no burn) 20.31M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 58.38M n/a n/a n/a n/a
Cash remaining n/a 374.62M n/a n/a n/a n/a
Runway (months of cash) n/a 18.4 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
8 Jun 22 Basswood Capital Management, L.L.C. Common Stock, par value $0.01 per share ("Common Stock") Sell Dispose S Yes No 30.54 26,201 800.18K 2,005,597
7 Jun 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 31.12 20,000 622.4K 2,031,798
6 Jun 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 31.09 20,000 621.8K 2,051,798
3 Jun 22 Basswood Capital Management, L.L.C. Common Stock, par value $0.01 per share ("Common Stock") Sell Dispose S Yes No 31.44 45,094 1.42M 2,071,798
19 May 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 28.93 221 6.39K 438,140
19 May 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 28.93 377 10.91K 69,168
19 May 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 28.93 564 16.32K 150,399
19 May 22 Basswood Capital Management, L.L.C. Common Stock, par value $0.01 per share ("Common Stock") Sell Dispose S Yes No 28.93 8,838 255.68K 2,116,892
18 May 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 29.25 554 16.2K 438,361
18 May 22 Basswood Capital Management, L.L.C. Common Stock Sell Dispose S Yes No 29.25 942 27.55K 69,545
73.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 163 158 +3.2%
Opened positions 20 24 -16.7%
Closed positions 15 14 +7.1%
Increased positions 42 44 -4.5%
Reduced positions 63 54 +16.7%
13F shares Current Prev Q Change
Total value 2.09B 2.11B -1.0%
Total shares 28.88M 28.53M +1.2%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
BLK Blackrock 5.41M $186.94M -1.9%
Basswood Capital Management, L.L.C. 3.4M $117.38M -0.5%
TROW T. Rowe Price 3.2M $110.78M +16.8%
Dimensional Fund Advisors 2.45M $84.54M +1.7%
Vanguard 2.17M $74.93M +4.3%
STT State Street 1.48M $51.05M +5.9%
William Blair Investment Management 1.24M $42.73M -1.3%
Systematic Financial Management 701.75K $24.26M -0.1%
Geode Capital Management 626.28K $21.65M +1.3%
Polaris Capital Management 594.88K $20.57M -1.9%
Largest transactions Shares Bought/sold Change
TROW T. Rowe Price 3.2M +462K +16.8%
Brown Advisory 238.26K +238.26K NEW
Millennium Management 16.33K -221.87K -93.1%
LSV Asset Management 363.54K +135.61K +59.5%
Putnam Investments 124.63K +124.63K NEW
BLK Blackrock 5.41M -104.36K -1.9%
Phocas Financial 92.17K -99.38K -51.9%
Vanguard 2.17M +88.78K +4.3%
STT State Street 1.48M +81.8K +5.9%
Two Sigma Investments 42.79K -64.89K -60.3%

Financial report summary

?
Risks
  • The concentration of our loan portfolio in loans secured by commercial, multi-family and residential real estate properties located in Greater Long Island and Manhattan could materially adversely affect our financial condition and results of operations if general economic conditions or real estate values in this area decline.
  • If our regulators impose limitations on our commercial real estate lending activities, earnings could be adversely affected.
  • Increases to the allowance for credit losses may cause our earnings to decrease.
  • We are subject to the CRA and fair lending laws, and failure to comply with these laws could lead to material penalties.
  • Changes in interest rates could affect our profitability.
  • We operate in a highly regulated environment, Federal and state regulators periodically examine our business, and we may be required to remediate adverse examination findings.
  • We face a risk of noncompliance and enforcement action with the federal Bank Secrecy Act (the “BSA”) and other anti-money laundering and counter terrorist financing statutes and regulations.
  • The subordinated debentures that we issued have rights that are senior to those of our common shareholders.
  • Strong competition within our market area may limit our growth and profitability.
  • Our future success depends on the success and growth of Dime Community Bank.
  • The loss of key personnel could impair our future success.
  • Our business may be adversely affected by fraud and other financial crimes.
  • Risks associated with system failures, interruptions, or breaches of security could negatively affect our operations and earnings.
  • We are exposed to cyber-security risks, including denial of service, hacking, and identity theft.
  • Severe weather, acts of terrorism and other external events could impact our ability to conduct business.
  • If we determine our goodwill or other intangible assets to be impaired, the Company’s financial condition and results of operations would be negatively affected.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Bad
New words: adhere, automatically, behavior, calendar, Codification, COVID, curve, depth, drawn, employment, enrolled, examination, exceed, firm, Fitch, flat, formula, froze, frozen, fulfill, grandfathered, imminent, incorrect, insufficient, judgement, judgment, key, Kroll, labor, lag, layer, lead, mask, Moody, multiple, noncontributory, payout, percent, permitted, Poor, prospectively, prove, range, reassessed, recession, reclassification, recover, reform, regional, regression, reimburse, reimbursement, revising, scope, settlement, Smaller, SOFR, Statistical, statutory, stressing, submit, Subtopic, supply, system, taxation, temporary, transition, Vintage, widespread
Removed: accelerate, accrue, acquire, acquiring, ADC, adequately, adjust, advance, affecting, AFS, aging, Agricultural, airline, allocate, allocation, alternative, appraiser, approximate, arrangement, aspect, assumption, attributable, auto, balloon, blanket, brokered, cancellable, capitalization, certified, collecting, condominium, confirmed, consist, consisted, construction, cooperative, CRE, credited, deducted, deductible, deferring, depreciated, detail, development, discrete, discretionary, disposal, disproportionately, distribution, domestic, driven, emerge, energy, environmental, ESOP, estimation, exclusive, exemption, exist, expertise, extinguished, financing, footage, forma, generated, generation, geography, guide, high, Historically, hotel, housing, hypothetical, hypothetically, illiquidity, immateriality, Industrial, infusion, insignificant, installment, inventory, investing, investor, knowledge, land, largely, leveraged, licensed, lien, lifted, likelihood, limited, location, mark, measuring, mix, monitoring, negatively, occupied, occupying, OTTI, outlined, owed, performed, preliminary, pro, qualified, recording, recourse, Rent, request, reversal, reversed, revolving, satisfy, settle, significance, situation, speaking, square, Stabilization, strength, successful, Supplemental, ultimate, uncollectible, unconditionally, undergo, understanding, unemployment, unprecedented, unsecured, updating, vacancy, variability, verified, vulnerable, weak, whichever