Dime Commercial Bancshares, Inc. Reports 53% Year-Over-Year Increase in EPS
Dime Commercial Bancshares reported record quarterly revenue of $135 million for Q3 2026, with net income available to common stockholders of $39.7 million, or $0.90 per diluted share, up 53% from $0.59 a year earlier. Net interest margin expanded to 3.35% from 3.01% YoY, deposits grew 15%, and return on average assets improved to 1.10%, while the efficiency ratio fell to 48.4% from 53.8%. The company repurchased 298,003 shares (0.7% of shares outstanding) at a weighted-average $40.64, and separately announced its intent to acquire ES Bancshares, parent of Empire State Bank.
Key figures
- Eps
- 0.9
- Guidance
- Management anticipates continued NIM expansion and net interest income growth through 2027 via loan repricing
- Revenue Yoy
- 17%
- Nim
- 3.35%
- Npa
- $99.5 million
- Cash
- $2.2 billion
- Roaa
- 1.10%
- Adjusted eps
- $0.91
- Total deposits
- $13.14 billion
- Efficiency ratio
- 48.4%
- Book value per share
- $32.10
- Loan to deposit ratio
- 83%
- Loans held for investment
- $10.92 billion
- Provision for credit losses
- $13.8 million
- Tangible book value per share
- $28.49
- Net income available to common
- $39.7 million
AI analysis
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