--- title: "Dime Comm Bancshare Pref Share DCOMP 5.5 Perp 02/15/25 | 8-K: FY2025 Q4 Revenue: USD 123.78 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/273224694.md" datetime: "2026-01-21T11:51:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273224694.md) - [en](https://longbridge.com/en/news/273224694.md) - [zh-HK](https://longbridge.com/zh-HK/news/273224694.md) --- # Dime Comm Bancshare Pref Share DCOMP 5.5 Perp 02/15/25 | 8-K: FY2025 Q4 Revenue: USD 123.78 M Revenue: As of FY2025 Q4, the actual value is USD 123.78 M. EPS: As of FY2025 Q4, the actual value is USD 0.68. EBIT: As of FY2025 Q4, the actual value is USD -53.57 M. #### Net Income Available to Common Stockholders Net income available to common stockholders for Dime Community Bancshares, Inc. was $103.4 million for the year ended December 31, 2025, compared to $21.8 million for the year ended December 31, 2024 . For the quarter ended December 31, 2025, net income available to common stockholders was $30.0 million, compared to $25.8 million for the quarter ended September 30, 2025, and a net loss of - $22.2 million for the quarter ended December 31, 2024 . #### Adjusted Net Income Available to Common Stockholders (Non-GAAP) Adjusted net income available to common stockholders was $34.5 million for the quarter ended December 31, 2025 . #### Total Revenue Total fourth quarter revenue for Dime Community Bancshares, Inc. was a record $124 million . #### Deposits Total deposits increased by $1.16 billion on a year-over-year basis, while core deposits (excluding brokered and time deposits) increased by $1.26 billion on a year-over-year basis . The ratio of average non-interest-bearing deposits to average total deposits for the fourth quarter of 2025 increased to 30.5% compared to 29.9% for the prior quarter . Period end total deposits at December 31, 2025, were $12.84 billion, compared to $12.06 billion at September 30, 2025, and $11.69 billion at December 31, 2024 . Brokered deposits were $200.0 million at December 31, 2025, unchanged from September 30, 2025, and down from $422.8 million at December 31, 2024 . #### Business Loans Business loans grew $177.9 million on a linked quarter basis and $514.0 million on a year-over-year basis . #### Net Interest Margin The net interest margin increased to 3.11% for the fourth quarter of 2025, compared to 3.01% for the prior quarter and 2.79% for the fourth quarter of 2024 . #### Efficiency Ratio The efficiency ratio decreased to 52.6% for the fourth quarter of 2025, compared to 53.8% for the linked quarter and 105.9% for the fourth quarter of 2024 . #### Adjusted Efficiency Ratio (Non-GAAP) The adjusted efficiency ratio decreased to 50.3% for the fourth quarter of 2025, compared to 53.1% for the prior quarter and 58.0% for the fourth quarter of 2024 . #### Common Equity Tier 1 Ratio The Company’s Common Equity Tier 1 Ratio increased to 11.66% at the end of the fourth quarter of 2025 . #### Consolidated CRE Concentration Ratio The Company’s Consolidated CRE Concentration ratio was proactively managed lower to 387% . #### Non-Performing Assets (NPAs) Non-performing assets declined by 27% on a linked quarter basis and represent 0.34% of Total Assets . Total NPAs were $52.762 million at December 31, 2025, compared to $72.054 million at September 30, 2025, and $49.479 million at December 31, 2024 . #### Net Interest Income Net interest income for the fourth quarter of 2025 was $112.3 million, compared to $103.4 million for the third quarter of 2025, and $91.1 million for the fourth quarter of 2024 . #### Loan Portfolio The ending weighted average rate (“WAR”) on the total loan portfolio was 5.27% at December 31, 2025, a 10 basis point decrease compared to 5.37% at September 30, 2025 . Loans held for investment at December 31, 2025, included Business loans at $3,240.6 million (WAR 6.32%), One-to-four family residential and coop/condo apartment at $1,036.0 million (WAR 4.94%), Multifamily residential and residential mixed-use at $3,424.6 million (WAR 4.46%), Non-owner-occupied commercial real estate at $2,933.3 million (WAR 5.07%), Acquisition, development, and construction at $117.2 million (WAR 7.51%), and Other loans at $6.6 million (WAR 11.09%) . #### Loan Originations Originations excluding new lines of credit were $225.3 million in Q4 2025, compared to $170.6 million in Q3 2025 and $187.5 million in Q4 2024 . Originations including new lines of credit were $467.2 million in Q4 2025, compared to $535.6 million in Q3 2025 and $361.2 million in Q4 2024 . #### Non-Interest Income Non-interest income was $11.5 million during the fourth quarter of 2025, $12.2 million during the third quarter of 2025, and a loss of - $33.9 million during the fourth quarter of 2024 . The Q4 2024 results included - $42.8 million of pre-tax loss-on-sale of securities related to portfolio re-positioning . #### Total Non-Interest Expense Total non-interest expense was $65.1 million during the fourth quarter of 2025, $62.2 million during the third quarter of 2025, and $60.6 million during the fourth quarter of 2024 . #### Adjusted Non-Interest Expense (Non-GAAP) Adjusted non-interest expense was $62.3 million during the fourth quarter of 2025, $62.0 million during the third quarter of 2025, and $57.7 million during the fourth quarter of 2024 . #### Income Tax Expense Income tax expense was $16.0 million during the fourth quarter of 2025, $12.4 million during the third quarter of 2025, and $3.3 million during the fourth quarter of 2024 . The fourth quarter of 2025 included $2.7 million of net expense from discrete items related to an uncertain tax position and a deferred tax item from prior tax years . The effective tax rate for Q4 2025 was 27.8%, excluding discrete items . #### Credit Loss Provision A credit loss provision of $10.9 million was recorded during the fourth quarter of 2025, compared to $13.3 million during the third quarter of 2025, and $13.7 million during the fourth quarter of 2024 . #### Stockholders’ Equity Stockholders’ equity increased $23.4 million to $1.48 billion at December 31, 2025, compared to $1.45 billion at September 30, 2025 . #### Non-Performing Loans (NPLs) NPLs were $52.3 million at December 31, 2025, compared to $72.1 million at September 30, 2025, and $49.5 million at December 31, 2024 . #### Net Loan Charge-Offs (NCOs) NCOs were $7.271 million in Q4 2025, compared to $12.586 million in Q3 2025, and $10.611 million in Q4 2024 . NCOs to average loans (annualized) were 0.27% in Q4 2025, 0.47% in Q3 2025, and 0.39% in Q4 2024 . #### Dividends per Common Share Dividends per common share were $0.25 during the fourth quarter of 2025 and $0.25 for the third quarter of 2025 . #### Book Value per Common Share Book value per common share was $30.99 at December 31, 2025, compared to $30.44 at September 30, 2025 . #### Tangible Common Book Value per Share (Non-GAAP) Tangible common book value per share was $27.37 at December 31, 2025, compared to $26.81 at September 30, 2025 . #### Performance Ratios (Based upon Reported Net Income) Return on average assets was 0.84% in Q4 2025, 0.77% in Q3 2025, and -0.59% in Q4 2024 . Return on average equity was 8.60% in Q4 2025, 7.59% in Q3 2025, and -6.02% in Q4 2024 . The loan-to-deposit ratio at the end of the period was 83.8% in Q4 2025, 88.9% in Q3 2025, and 93.0% in Q4 2024 . #### Capital Ratios and Reserves (Consolidated) Tangible common equity to tangible assets was 7.91% in Q4 2025, 8.18% in Q3 2025, and 7.89% in Q4 2024 . The Tier 1 risk-based capital ratio was 12.76% in Q4 2025, 12.64% in Q3 2025, and 12.17% in Q4 2024 . The Allowance for credit losses to Total loans was 0.91% in Q4 2025, 0.88% in Q3 2025, and 0.82% in Q4 2024 . The Allowance for credit losses to Non-performing loans was 186.14% in Q4 2025, 130.54% in Q3 2025, and 179.37% in Q4 2024 . #### Outlook / Guidance Dime Community Bancshares, Inc. anticipates continued revenue growth in the years ahead due to a significant loan repricing opportunity extending through 2027 . The Company expects growth in core deposits and business loans to benefit them as they continue to grow customers and hire productive bankers . Their substantial liquidity position, including $2.35 billion of cash, provides flexibility to be opportunistic and take advantage of lending opportunities . ### Related Stocks - [DCOMP.US](https://longbridge.com/en/quote/DCOMP.US.md) - [DCOM.PR.US](https://longbridge.com/en/quote/DCOM.PR.US.md)