Dime Community Bancshares
Market Cap
US$582.3m
Last Updated
2021/01/25 23:51 UTC
Data Sources
Company Financials +
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. More Details
Rewards
Risk Analysis
No risks detected for DCOM from our risk checks.
Snowflake Analysis
High growth potential with excellent balance sheet and pays a dividend.
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
Stable Share Price: DCOM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: DCOM's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
DCOM
-3.2%
US Banks
2.6%
US Market
1 Year Return
-11.1%
DCOM
-6.1%
US Banks
26.0%
US Market
Return vs Industry: DCOM underperformed the US Banks industry which returned -6.1% over the past year.
Return vs Market: DCOM underperformed the US Market which returned 26% over the past year.
Shareholder returns
| DCOM | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | -3.2% | 2.6% |
| 30 Day | 10.3% | 6.4% | 5.1% |
| 90 Day | 42.3% | 35.3% | 17.1% |
| 1 Year | -7.6%-11.1% | -2.6%-6.1% | 28.9%26.0% |
| 3 Year | -0.8%-10.1% | -3.0%-11.3% | 46.3%36.6% |
| 5 Year | 21.4%3.6% | 77.3%54.9% | 126.9%101.6% |
Long-Term 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
1 month ago | Simply Wall St
Here's What You Should Know About Dime Community Bancshares, Inc.'s (NASDAQ:DCOM) 3.7% Dividend Yield3 months ago | Simply Wall St
Do Insiders Own Lots Of Shares In Dime Community Bancshares, Inc. (NASDAQ:DCOM)?4 months ago | Simply Wall St
Dime Community Bancshares, Inc. (NASDAQ:DCOM) Insiders Increased Their HoldingsValuation
Is Dime Community Bancshares undervalued compared to its fair value and its price relative to the market?
14.58x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DCOM ($17.62) is trading above our estimate of fair value ($11.69)
Significantly Below Fair Value: DCOM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DCOM is poor value based on its PE Ratio (14.6x) compared to the US Banks industry average (12.2x).
PE vs Market: DCOM is good value based on its PE Ratio (14.6x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: DCOM is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: DCOM's PB Ratio (1x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is Dime Community Bancshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
48.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DCOM's forecast earnings growth (48.1% per year) is above the savings rate (2%).
Earnings vs Market: DCOM's earnings (48.1% per year) are forecast to grow faster than the US market (21.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DCOM's revenue (34.4% per year) is forecast to grow faster than the US market (10.6% per year).
High Growth Revenue: DCOM's revenue (34.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DCOM's Return on Equity is forecast to be low in 3 years time (10.6%).
Next Steps
Past Performance
How has Dime Community Bancshares performed over the past 5 years?
-11.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCOM has high quality earnings.
Growing Profit Margin: DCOM's current net profit margins (24.9%) are lower than last year (28.8%).
Past Earnings Growth Analysis
Earnings Trend: DCOM's earnings have declined by 11.4% per year over the past 5 years.
Accelerating Growth: DCOM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DCOM had negative earnings growth (-1%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: DCOM's Return on Equity (6.4%) is considered low.
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
Financial Institutions Analysis
Asset Level: DCOM's Assets to Equity ratio (9.5x) is low.
Allowance for Bad Loans: DCOM has a sufficient allowance for bad loans (390%).
Low Risk Liabilities: 74% of DCOM's liabilities are made up of primarily low risk sources of funding.
Loan Level: DCOM has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: DCOM's Loans to Deposits ratio (126%) is high.
Level of Bad Loans: DCOM has an appropriate level of bad loans (0.2%).
Next Steps
Dividend
What is Dime Community Bancshares's current dividend yield, its reliability and sustainability?
3.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DCOM's dividend (3.18%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: DCOM's dividend (3.18%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: DCOM's dividends per share have been stable in the past 10 years.
Growing Dividend: DCOM's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.3%), DCOM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DCOM's dividends in 3 years are forecast to be well covered by earnings (39.5% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Ken Mahon (69 yo)
4yrs
Tenure
US$1,839,680
Compensation
Mr. Kenneth J. Mahon, also known as Ken, has been the Chief Executive Officer of Dime Community Bancshares, Inc. and Dime Community Bank since January 1, 2017. Mr. Mahon served as President of Dime Communi...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD1.84M) is about average for companies of similar size in the US market ($USD1.65M).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4yrs | US$1.84m | 1.77% $ 10.3m | |
| President | 0.67yr | US$1.40m | 0.26% $ 1.5m | |
| Senior EVP | 2yrs | US$1.00m | 0.093% $ 542.4k | |
| Senior VP & Comptroller | no data | US$391.66k | no data | |
| Executive VP & Chief Lending Officer | no data | US$989.22k | 0.099% $ 574.8k | |
| Senior VP & Chief Accounting Officer | 2yrs | no data | 0.016% $ 94.3k | |
| Executive VP & CTO | 1.92yrs | no data | 0.061% $ 357.4k | |
| Executive VP | 2.83yrs | no data | 0.058% $ 339.2k | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.077% $ 449.3k | |
| Executive VP & Chief Retail Officer | no data | no data | 0.024% $ 140.7k | |
| Executive VP & Chief Risk Officer | no data | no data | 0.055% $ 317.4k | |
| Senior VP & Head of SBA Lending Division | 2yrs | no data | no data |
2.0yrs
Average Tenure
54yo
Average Age
Experienced Management: DCOM's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4yrs | US$1.84m | 1.77% $ 10.3m | |
| Chairman of the Board | 25.08yrs | US$138.90k | 2.75% $ 16.0m | |
| Vice Chairman of the Board | 6.92yrs | US$125.67k | 2.02% $ 11.8m | |
| Independent Director | 3.08yrs | US$116.91k | 0.067% $ 388.8k | |
| Independent Director | 26yrs | US$121.15k | 0.25% $ 1.4m | |
| Director | 26yrs | US$117.40k | 0.29% $ 1.7m | |
| Independent Lead Director | 4.08yrs | US$132.15k | 0.10% $ 590.1k | |
| Independent Director | 2.33yrs | US$117.40k | 0.019% $ 112.6k | |
| Independent Director | 15.33yrs | US$128.90k | 0.23% $ 1.3m | |
| Independent Director | 3.33yrs | US$127.40k | 0.030% $ 177.1k |
11.1yrs
Average Tenure
70yo
Average Age
Experienced Board: DCOM's board of directors are seasoned and experienced ( 11.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: Regional Banks
- Sector: Banks
- Market Cap: US$582.303m
- Shares outstanding: 33.05m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DCOM | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jun 1996 |
| DCOM.P | NasdaqCM (Nasdaq Capital Market) | 5.5% NCUM PFD A | US | USD | Jan 2020 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:51 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.