---
schema_version: "secwatch.filing_event.v1"
accession: "0000846617-23-000075"
form_type: "8-K"
ticker: "DCOM"
cik: "0000846617"
company_name: "Dime Community Bancshares, Inc. /NY/"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:25:34.766159+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dime Community Q3 net income drops 49% linked quarter to $13.2M; adjusted EPS $0.56

## Summary
- GAAP diluted EPS $0.34 vs. $0.66 in Q2 2023 and $0.98 in Q3 2022; adjusted EPS $0.56 excluding $8.9M pre-tax severance/equity losses.
- Net interest income $76.5M, down 5% linked quarter; NIM compressed 16 bps to 2.34%.
- Average total deposits grew $128M to $10.66B linked quarter; non-insured deposits 29% of total.
- Non-performing assets declined 16% linked quarter to 0.17% of total assets; provision for credit losses $1.8M.
- Tier 1 risk-based capital ratio improved 26 bps to 10.76%; quarterly dividend unchanged at $0.25 per share.

## SEC filing metadata
- accession: 0000846617-23-000075
- form_type: 8-K
- ticker: DCOM
- cik: 0000846617
- company_name: Dime Community Bancshares, Inc. /NY/
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846617/000084661723000075/0000846617-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846617/000084661723000075/dcom-20231019x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000846617-23-000075
- JSON: https://secwatch.observer/filing/0000846617-23-000075.json
- Plain text: https://secwatch.observer/filing/0000846617-23-000075.txt

## Key facts
- Earnings Releases
  Dime Community Bancshares, Inc. /NY/ reported the quarter ended September 30, 2023 results: net income $13.2 million, EPS $0.34 per diluted common share.
  - Period: the quarter ended September 30, 2023
  - Net income: $13.2 million
  - EPS: $0.34 per diluted common share
  - Result: reported results
  source text: Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today reported net income available to common stockholders of $13.2 million for the quarter ended September 30, 2023, or $0.34 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/846617/000084661723000075/0000846617-23-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.