2 hours ago
1
MarketBeat
Thu, April 23, 2026 astatine 11:50 AM CDT 8 min read
-
Strong Q1 results: EPS was $0.75, up 67% year-over-year and 10% sequentially, driven by grounds full halfway revenues of $124 cardinal and halfway pre-tax, pre-provision nett gross of $60.5 million.
-
Margin betterment and guidance: Net involvement borderline roseate to 3.21% (eighth consecutive quarter) arsenic deposit costs fell to 1.70%, and absorption expects humble near-term NIM enlargement with a extremity of >3.50% by Q4 2027 driven by indebtedness repricings.
-
Shift toward concern lending and little CRE concentration: Business loans grew ~21% year-over-year (~$575M) with a >$1.5B pipeline, and Dime plans to trim CRE attraction to ~350% betwixt Q2–Q3 portion positioning for mid-single-digit indebtedness maturation successful H2, supported by beardown superior (TCE >9%, CET1 11.87%).
-
Interested successful Dime Community Bancshares, Inc.? Here are 5 stocks we similar better.
-
Time To Buy Regional Banks? Insider Buying Says Yes
Dime Community Bancshares (NASDAQ:DCOM) reported first-quarter net that absorption said reflected continued advancement connected its integrated maturation strategy, improving nett involvement borderline and ongoing efforts to reshape the equilibrium expanse toward concern lending portion reducing commercialized existent property (CRE) concentration.
President and CEO Stuart Lubow said first-quarter net per stock roseate 67% from the anterior year, driven by what helium described arsenic grounds full halfway revenues of $124 million. Lubow said the company’s gross gains person been organic, “built by our existing bankers and caller hires.”
→ Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting
On the call, the institution stated first-quarter EPS was $0.75 per share, representing 10% linked-quarter maturation and 67% year-over-year growth. Core pre-tax, pre-provision nett gross was $60.5 million, oregon 162 ground points of mean assets.
Chief Operating Officer and CFO Avi Reddy said Dime’s nett involvement borderline (NIM) accrued for the eighth consecutive quarter, helped by a simplification successful deposit costs. He said deposit costs declined to 170 and reported first-quarter NIM accrued to 321. Reddy noted the archetypal 4th is “seasonally elevated” owed to the time number convention, and said that excluding the time number interaction and acquisition accounting benefits, the first-quarter run-rate NIM would person been person to 314.
→ Allbirds Exits Shoes, Pivots to AI With NewBird Rebrand
Looking ahead, Reddy said the institution expects “modest NIM enlargement successful the 2nd quarter” and “more pronounced NIM enlargement successful the backmost fractional of the twelvemonth and successful 2027” arsenic back-book indebtedness repricing accelerates. For the remainder of 2026, Reddy said Dime has astir $1.3 cardinal of adjustable and fixed-rate loans astatine a weighted mean complaint of 4.10 that volition reprice oregon mature, followed by different $1.7 cardinal successful 2027 astatine a weighted mean complaint of 4.30.
.png)
English (CA) · 
English (US) · 
Spanish (MX) ·