廣告
香港股市 將在 9 小時 7 分鐘 開市
  • 恒指

    18,578.30
    +102.38 (+0.55%)
     
  • 國指

    6,572.45
    +25.16 (+0.38%)
     
  • 上證綜指

    3,140.72
    +35.90 (+1.16%)
     
  • 道指

    38,697.72
    +22.04 (+0.06%)
     
  • 標普 500

    5,152.90
    +25.11 (+0.49%)
     
  • 納指

    16,245.25
    +88.92 (+0.55%)
     
  • Vix指數

    13.81
    +0.32 (+2.37%)
     
  • 富時100

    8,213.49
    +41.34 (+0.51%)
     
  • 紐約期油

    78.80
    +0.69 (+0.88%)
     
  • 金價

    2,335.00
    +26.40 (+1.14%)
     
  • 美元

    7.8162
    +0.0059 (+0.08%)
     
  • 人民幣

    0.9216
    -0.0048 (-0.52%)
     
  • 日圓

    0.0505
    -0.0003 (-0.59%)
     
  • 歐元

    8.4193
    +0.0131 (+0.16%)
     
  • Bitcoin

    63,450.54
    -961.80 (-1.49%)
     
  • CMC Crypto 200

    1,371.76
    +59.14 (+4.50%)
     

Dime Community (DCOM) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Dime Community (DCOM) reported revenue of $82 million, down 13.5% over the same period last year. EPS came in at $0.38, compared to $0.95 in the year-ago quarter.

The reported revenue represents a surprise of +2.30% over the Zacks Consensus Estimate of $80.15 million. With the consensus EPS estimate being $0.37, the EPS surprise was +2.70%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

廣告

Here is how Dime Community performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Efficiency Ratio: 64% compared to the 66% average estimate based on two analysts.

  • Net Interest Margin: 2.2% versus the two-analyst average estimate of 2.2%.

  • Average Balance - Total interest-earning assets: $13.02 billion versus $12.77 billion estimated by two analysts on average.

  • Net Interest Income: $71.53 million compared to the $71.09 million average estimate based on two analysts.

  • BOLI income: $2.46 million compared to the $2.36 million average estimate based on two analysts.

  • Loan level derivative income: $0.41 million compared to the $1.40 million average estimate based on two analysts.

  • Non-interest income- Other: $0.47 million versus $0.60 million estimated by two analysts on average.

  • Service charges and other fees: $4.54 million versus $3.92 million estimated by two analysts on average.

  • Total Non-Interest Income: $10.47 million versus $9.03 million estimated by two analysts on average.

View all Key Company Metrics for Dime Community here>>>

Shares of Dime Community have returned +2.7% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Dime Community Bancshares, Inc. (DCOM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research