secwatch.observer — SEC 8-K summary
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Issuer:     Dime Community Bancshares, Inc. /NY/ (DCOM)
CIK:        0000846617
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000846617-23-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dime Community Q1 EPS up 12.2% YoY to $0.92; deposits grow $316M, dividend raised to $0.25
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- Net income available to common of $35.5M, diluted EPS $0.92 vs $0.82 in Q1 2022 (12.2% increase).
- Total deposits rose $316M to $10.57B; non-insured deposits ex pass-through/collateralized at 30% of total.
- Net interest margin compressed to 2.74% from 3.19% YoY; adjusted NIM 2.76% excluding purchase accounting.
- Quarterly cash dividend increased to $0.25/share from $0.24, payable April 24 to holders of record April 17.
- Hired four deposit-focused groups from Signature Bank; Tier 1 risk-based capital ratio 10.39%, up 16 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846617/000084661723000033/0000846617-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846617/000084661723000033/dcom-20230428x8k.htm
  HTML page:      https://secwatch.observer/filing/0000846617-23-000033

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