earnings
confidence high
sentiment positive
materiality 0.70
Dime Community FY2022 net income $145.3M ($3.73 EPS), up 50% YoY; Q4 EPS $0.99
Dime Community Bancshares, Inc. /NY/
2022-FY EPS reported
$3.73
revenue$16,206,000
- FY2022 net income to common $145.3M ($3.73 diluted EPS), up from $96.7M ($2.45) in FY2021.
- Q4 2022 net income $38.2M ($0.99 diluted EPS) vs $33.5M ($0.83) in Q4 2021; linked quarter EPS was $0.98.
- Total loans held for investment grew $450M (18% annualized) in Q4; business loans up $215M (43% annualized).
- Non-performing assets fell 22% linked quarter to 0.26% of total assets; credit provision $0.3M in Q4 vs $6.6M in Q3.
- Book value per share $27.41, tangible book $23.20; $47M in stock repurchased in FY2022 (~4% of shares).