DIME COMMUNITY BANCSHARES INC. 9.000% NTS 15/07/2034 USD 25 | 10-Q: FY2025 Q1 Revenue: USD 161.87 M

Revenue: As of FY2025 Q1, the actual value is USD 161.87 M.

EPS: As of FY2025 Q1, the actual value is USD 0.45.

Segment Revenue

• Interest Income: Total interest income for the three months ended March 31, 2025 was $161,865 thousand, compared to $161,009 thousand for the same period in 2024.

Operational Metrics

• Net Interest Income: Net interest income for the three months ended March 31, 2025 was $94,213 thousand, compared to $71,530 thousand for the same period in 2024.
• Provision for Credit Losses: Provision for credit losses for the three months ended March 31, 2025 was $9,626 thousand, compared to $5,210 thousand for the same period in 2024.
• Net Income: Net income for the three months ended March 31, 2025 was $21,458 thousand, compared to $17,691 thousand for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: Net cash provided by operating activities for the three months ended March 31, 2025 was $65,420 thousand, compared to $30,737 thousand for the same period in 2024.
• Net Cash Used in Financing Activities: Net cash used in financing activities for the three months ended March 31, 2025 was $233,761 thousand, compared to $183,857 thousand for the same period in 2024.

Unique Metrics

• Non-Interest Income: Total non-interest income for the three months ended March 31, 2025 was $9,633 thousand, compared to $10,467 thousand for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue focusing on its core banking operations, including commercial and consumer lending, personal and business banking, treasury management, and merchant services.
• Non-Core Business: The company is actively managing its loan portfolio, including non-owner occupied commercial real estate and multifamily residential loans, with enhanced stress testing and loan review activities to mitigate interest rate reset risk.