NasdaqGS:DCOM

Stock Analysis Report

Dime Community Bancshares

Executive Summary

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York.

Snowflake

Fundamentals

Flawless balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Dime Community Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.5%

NasdaqGS:DCOM

1.2%

US Mortgage

0.9%

US Market


1 Year Return

10.6%

NasdaqGS:DCOM

-0.3%

US Mortgage

0.3%

US Market

DCOM outperformed the Mortgage industry which returned -0.9% over the past year.

DCOM outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

DCOMIndustryMarket
7 Day2.5%1.2%0.9%
30 Day8.9%-1.2%-1.9%
90 Day11.1%-0.5%1.6%
1 Year13.9%10.6%1.8%-0.3%2.6%0.3%
3 Year30.3%19.4%33.8%24.8%41.0%31.8%
5 Year55.9%33.4%59.0%42.3%55.2%38.0%

Price Volatility Vs. Market

How volatile is Dime Community Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dime Community Bancshares undervalued based on future cash flows and its price relative to the stock market?

15.29x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Dime Community Bancshares's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Dime Community Bancshares's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Dime Community Bancshares is overvalued based on earnings compared to the US Mortgage industry average.

Dime Community Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Dime Community Bancshares is poor value based on expected growth next year.


Price Based on Value of Assets

Dime Community Bancshares is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is Dime Community Bancshares expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

7.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Dime Community Bancshares's revenue is expected to grow by 8.8% yearly, however this is not considered high growth (20% yearly).

Dime Community Bancshares's earnings are expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).

Dime Community Bancshares's revenue growth is expected to exceed the United States of America market average.

Dime Community Bancshares's earnings growth is positive but not above the United States of America market average.

Dime Community Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Dime Community Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Dime Community Bancshares performed over the past 5 years?

0.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dime Community Bancshares's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Dime Community Bancshares's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Dime Community Bancshares's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.


Return on Equity

Dime Community Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Dime Community Bancshares used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Dime Community Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Dime Community Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Dime Community Bancshares has an acceptable proportion of non-loan assets held.

Dime Community Bancshares has a sufficient allowance for bad loans.

Dime Community Bancshares's liabilities are made up of primarily low risk sources of funding.

Dime Community Bancshares's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Dime Community Bancshares are broadly funded by customer deposits.

Dime Community Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Dime Community Bancshares's current dividend yield, its reliability and sustainability?

2.73%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Dime Community Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Dime Community Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

No dividend growth in 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dime Community Bancshares's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average management tenure


CEO

Ken Mahon (68yo)

2.6yrs

Tenure

US$1,946,523

Compensation

Mr. Kenneth J. Mahon, also known as Ken, has been the Chief Executive Officer of Dime Community Bancshares, Inc. (“Company”) and its subsidiary, Dime Community Bank (“Bank”) since January 1, 2017 and has b ...


CEO Compensation Analysis

Ken's remuneration is about average for companies of similar size in United States of America.

Ken's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.0yrs

Average Tenure

54yo

Average Age

The average tenure for the Dime Community Bancshares management team is less than 2 years, this suggests a new team.


Board Age and Tenure

10.8yrs

Average Tenure

71yo

Average Age

The average tenure for the Dime Community Bancshares board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$84004 Mar 19
Rosemarie Chen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares50
Max PriceUS$16.79
BuyUS$13,18703 Dec 18
Kenneth Mahon
EntityIndividual
Role
Chief Executive Officer
President
Shares750
Max PriceUS$17.58
SellUS$66,42503 Dec 18
Timothy Lenhoff
EntityIndividual
Shares3,676
Max PriceUS$18.07
BuyUS$9,02503 Dec 18
Rosemarie Chen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$18.05
BuyUS$17,10026 Nov 18
Robert Golden
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$17.10
BuyUS$17,12421 Nov 18
Kathleen Nelson
EntityIndividual
Role
Lead Director
Lead Director
Shares1,000
Max PriceUS$17.12
BuyUS$5,07321 Nov 18
Kenneth Mahon
EntityIndividual
Role
Chief Executive Officer
President
Shares300
Max PriceUS$16.91
BuyUS$5,01519 Nov 18
Kenneth Mahon
EntityIndividual
Role
Chief Executive Officer
President
Shares300
Max PriceUS$16.72
BuyUS$9,80413 Nov 18
Kevin Stein
EntityIndividual
Shares600
Max PriceUS$16.34
BuyUS$9,25327 Aug 18
Kevin Stein
EntityIndividual
Shares500
Max PriceUS$18.51

Ownership Breakdown


Management Team

  • Ken Mahon (68yo)

    President

    • Tenure: 2.6yrs
    • Compensation: US$1.95m
  • Conrad Gunther (73yo)

    Executive VP & Chief Lending Officer

    • Tenure: 0.0yrs
    • Compensation: US$673.15k
  • Stuart Lubow (61yo)

    Senior EVP & Chief Banking Officer

    • Tenure: 0.0yrs
    • Compensation: US$955.92k
  • Patricia Schaubeck (58yo)

    Executive VP

    • Tenure: 1.4yrs
  • Michael Fegan (53yo)

    Executive VP & CTO

    • Tenure: 0.5yrs
  • Rob Volino (47yo)

    Senior EVP & COO

    • Tenure: 2.6yrs
    • Compensation: US$929.17k
  • Avi Reddy (34yo)

    Executive VP

    • Tenure: 0.6yrs
  • Jim Rizzo (55yo)

    Senior VP & Comptroller

    • Tenure: 0.0yrs
    • Compensation: US$309.12k
  • Angela Finlay (40yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 0.0yrs
  • Leslie Veluswamy (34yo)

    Senior VP & Chief Accounting Officer

    • Tenure: 0.6yrs

Board Members

  • Vinny Palagiano (78yo)

    Chairman of the Board

    • Tenure: 23.7yrs
    • Compensation: US$106.92k
  • Mike Devine (73yo)

    Vice Chairman of the Board

    • Tenure: 5.5yrs
    • Compensation: US$108.57k
  • Ken Mahon (68yo)

    President

    • Tenure: 2.6yrs
    • Compensation: US$1.95m
  • Steven Cohn (70yo)

    Director

    • Tenure: 24.6yrs
    • Compensation: US$123.42k
  • Robert Golden (72yo)

    Director

    • Tenure: 8.4yrs
    • Compensation: US$122.42k
  • Jack Williams (78yo)

    Director

    • Tenure: 13.1yrs
    • Compensation: US$133.92k
  • Kathleen Nelson (73yo)

    Lead Director

    • Tenure: 2.7yrs
    • Compensation: US$132.42k
  • Barbara Koster (64yo)

    Director

    • Tenure: 0.9yrs
    • Compensation: US$32.62k
  • Joseph Perry (52yo)

    Director

    • Tenure: 13.9yrs
    • Compensation: US$130.42k
  • Rosemarie Chen (52yo)

    Director

    • Tenure: 1.9yrs
    • Compensation: US$121.13k

Company Information

Dime Community Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dime Community Bancshares, Inc.
  • Ticker: DCOM
  • Exchange: NasdaqGS
  • Founded: 1864
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$737.539m
  • Shares outstanding: 35.96m
  • Website: https://www.dime.com

Number of Employees


Location

  • Dime Community Bancshares, Inc.
  • 300 Cadman Plaza West
  • 8th Floor
  • Brooklyn
  • New York
  • 11201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DCOMNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 1996

Biography

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York. It offers deposit products, such as savings, mon ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:38
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.