Dime Community Bancshares Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 10.06
Dividend & Yield1.38$ (6.80%)
Beta 1.09
Market capitalization N/A
Operating cash flow 234.5M
ESG Scores unknown

Company description

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities 48.33M -10.37M -324.38M 1.1B
Net Borrowings -44.65M 76.9M 121.76M -1.51B
Total Cash From Financing Activities -134.84M -49.89M 352.57M -1.1B
Change To Operating Activities 7.27M -150k -24.68M 308k
Issuance Of Stock 1.03M 498k 122k 1.58M
Net Income 51.29M 36.19M 42.32M 104M
Change In Cash -22.2M 8.23M 88.11M 150.12M
Effect Of Exchange Rate
Total Cash From Operating Activities 64.31M 68.49M 59.93M 146.33M
Depreciation 4.96M 5.08M 5.07M 10.43M
Change To Account Receivables
Other Cashflows From Financing Activities -44.51M -82.89M 176.03M 517.69M
Change To Netincome 778k 27.38M 37.23M 31.6M
Capital Expenditures -4.29M -1.72M -954k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 66.72M 46.86M 54.98M 148.17M
Net Income 51.29M 36.19M 42.32M 104M
Selling General Administrative 70.52M 82.66M 90.11M 169.61M
Gross Profit 153.6M 142.25M 172.81M 393.46M
Ebit
Operating Income 68.68M 51.25M 75.95M 209.92M
Interest Expense
Income Tax Expense 15.43M 10.68M 12.67M 44.17M
Total Revenue 153.6M 142.25M 172.81M 393.46M
Cost Of Revenue
Total Other Income ExpenseNet -1.97M -4.39M -20.97M -61.75M
Net Income From Continuing Ops 51.29M 36.19M 42.32M 104M
Net Income Applicable To Common Shares 51.13M 36M 37.39M 95.5M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 5.72B 5.76B 6.08B 10.87B
Total Stockholder Equity 602.08M 596.76M 584.53M 1.08B
Other Current Liabilities 85.23M 76.48M
Total Assets 6.32B 6.35B 6.78B 12.07B
Common Stock 537k 537k 348k 416k
Other Current Assets 1.1M 1.01M 40.72M 50.6M
Retained Earnings 565.71M 581.82M 600.64M 654.73M
Treasury Stock -241.68M -264.92M -294.76M -73.22M
Cash 147.26M 155.49M 243.6M 393.72M
Total Current Liabilities 4.44B 5.41B 5.83B 10.54B
Other Stockholder Equity -11.63M -14.17M -7.42M -14.02M
Property, Plant, and Equipment 24.71M 59.55M 52.95M 114.63M
Total Current Assets 153.02M 158.94M 303.25M 489.41M
Net Tangible Assets 546.44M 541.12M 528.89M 911.89M
Net Receivables
Accounts Payable 4.36B 4.28B 4.53B 10.46B


Insider Transactions

Here are the insider transactions of stock shares related to Dime Community Bancshares Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
REDDY AVINASHPurchase at price 25.02 per share.D2021-02-22Chief Financial Officer1.73k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Dime Community Bancshares Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Dime Community Bancshares Inc

Here is the result of two systematic investment strategies applied to Dime Community Bancshares Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Dime Community Bancshares Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Dime Community Bancshares Inc:

Dime Community Bancshares Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 7.17% on the backtest period.

Performance at glance

Performance

7.17 %

Latent gain

90.62 $

Invested capital

1263.46 $

Annualized return

3.81 %
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Momentum strategy results on Dime Community Bancshares Inc

This is the result of two momentum investment strategies applied to Dime Community Bancshares Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Dime Community Bancshares Inc

The following chart shows all the entries opened by the momentum investment system on Dime Community Bancshares Inc:

Dime Community Bancshares Inc momentum entries
  • The first momentum investment strategy would give 10.94% of return on Dime Community Bancshares Inc. That represents 136.07$ of latent gain with 1244.05$ of employed capital.
  • The second momentum investment strategy would give 7.31% of return on Dime Community Bancshares Inc. That represents 129.52$ of latent gain with 1771.4$ of employed capital.
Performance at glance (1Q Momentum)

Performance

10.94 %

Latent gain

136.07 $

Invested capital

1244.05 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

7.31 %

Latent gain

129.52 $

Invested capital

1771.4 $

Annualized return

5.22 %

Momentum equity curve on Dime Community Bancshares Inc

The following chart shows the equity curve of the two momentum strategies applied to Dime Community Bancshares Inc:

Dime Community Bancshares Inc momentum equity

Note: the dividends potentially given by Dime Community Bancshares Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Dime Community Bancshares Inc

The following chart shows the employed capital evolution of the two momentum strategies on Dime Community Bancshares Inc since the beginning:

Dime Community Bancshares Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Dime Community Bancshares Inc

Buy the dip entry openings on Dime Community Bancshares Inc

Dime Community Bancshares Inc

The performance achieved by the robo-advisor on Dime Community Bancshares Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Dime Community Bancshares Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Dime Community Bancshares Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Dime Community Bancshares Inc

The following chart shows the result of the investment strategy applied to Dime Community Bancshares Inc:

Dime Community Bancshares Inc

Note: the dividends potentially given by Dime Community Bancshares Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Dime Community Bancshares Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Dime Community Bancshares Inc:

Dime Community Bancshares Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Dime Community Bancshares Inc

In this section, I will compare the three previous investment strategies applied to Dime Community Bancshares Inc.

Equity curve comparison on Dime Community Bancshares Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Dime Community Bancshares Inc investment strategy comparison

Employed capital comparison on Dime Community Bancshares Inc

Dime Community Bancshares Inc investment comparison

Performance comparison on Dime Community Bancshares Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 7.17% 90.62$ 1263.46$ 3.81%
Momentum 1 quarter 10.94% 136.07$ 1244.05$ 6.67%
Momentum 2 quarters 7.31% 129.52$ 1771.4$ 5.22%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

3.81 %

Momentum 1Q

5.22 %

Momentum 2Q

5.22 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Dime Community Bancshares Inc:

Positive correlations

Most correlated stocks this year

  • Dime Community Bancshares Inc

  • Most correlated stocks last 3 months

  • Dime Community Bancshares Inc
  • WAHED FTSE USA SHARIAH ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • Huize Holding Ltd

  • Note: The algorithm computes the probability of correlation between Dime Community Bancshares Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Dime Community Bancshares Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Dime Community Bancshares Inc
    Country United States
    City Hauppauge
    Address 898 Veterans Memorial Highway
    Phone 631 537 1000
    Website www.dime.com
    FullTime employees 802
    Industry Banks—Regional
    Sector Financial Services
    Exchange XNAS
    Ticker DCOMP
    Market www.nasdaq.com

    Dime Community Bancshares Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown