DCOM earnings analysis
What we found in DCOM's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Dime Community Bancshares achieved revenue of $123.597 million and diluted EPS of $0.74 for Q1 2026, exceeding revenue estimates but falling short on EPS. The net interest margin expanded significantly to 3.21%, contributing to a net income increase to $34.6 million compared to $21.5 million in the prior year, even as credit provisions rose amidst higher non-performing asset levels.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Exceeds Estimates
- Q1 2026 revenue reached $123.597 million, beating the consensus estimate by $1.394 million.
- Strong Net Interest Margin
- Net interest margin improved to 3.21%, up from 2.95% YoY, driving net interest income growth.
- Increased Net Income
- Net income rose to $34.6 million in Q1 2026, compared to $21.5 million in Q1 2025.
- Increased Provisions for Credit Losses
- Credit loss provision increased to $12.3 million from $9.6 million YoY.
- Inventory of Non-Performing Loans
- Non-performing loans rose to $57.136 million from $58.041 million YoY.
- Dividends Paid
- $10.8 million in common stock dividends were paid in Q1 2026, marking a slight increase from $10.7 million in Q1 2025.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Higher Credit Provisions
- Provision for credit losses increased to $12.3 million compared to $9.6 million in Q1 2025.
- Increase in Non-Performing Assets
- Non-performing assets reached $95.586 million, increasing from $58.041 million YoY.
- Decline in Deposits
- Total deposits decreased by $242.2 million in Q1 2026, a notable reduction compared to a $70.2 million decrease YoY.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.74
What they said about what is next.
Management did not provide numeric forward guidance.
The filing reads about the same as the one before it.
What came before.
- 10-K · February 20, 2026
- Dime Community Bancshares (Dime) positions itself as a community-focused commercial bank concentrated in Greater Long Island and New York City, investing primarily in commercial real estate, multi-family and residential…
- 10-Q · November 5, 2024
- Dime Community Bancshares reported Q3 revenue of $87,555,000 (Net interest income $79,924,000 + Non-interest income $7,631,000), up $3,148,000 versus Q3 2023. Earnings and profitability weakened: GAAP diluted EPS fell…
- 10-Q · August 1, 2024
- Dime Community Bancshares reported Q2 2024 total revenue of $87,310,000 and diluted EPS of $0.43. Revenue declined modestly year-over-year (Q2 2023 revenue $90,624,000) while deposits and capital strengthened — deposits…
- 10-Q · May 2, 2024
- Dime Community Bancshares reported total revenue (net interest income plus non-interest income) of $81,997,000 for the quarter ended March 31, 2024, a decline from the prior-year quarter. Net income was $17,691,000 and…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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