secwatch.observer — SEC 8-K summary
======================================

Issuer:     Dime Community Bancshares, Inc. /NY/ (DCOM)
CIK:        0000846617
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0000846617-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dime Community reports Q4 2023 EPS $0.37, net income $14.5M; deposits up $276M YoY
--------------------------------------------------------------------------------

- Net income available to common stockholders $14.5M ($0.37 diluted EPS) vs $13.2M ($0.34) linked quarter, $38.2M ($0.99) Q4 2022.
- Full-year 2023 net income $88.8M ($2.29 diluted EPS) vs $145.3M ($3.73) in 2022.
- Total deposits grew $276M YoY to $10.53B; non-interest-bearing deposits averaged 29% of total deposits in Q4.
- NIM narrowed to 2.29% from 2.34% linked quarter (5 bps decline) vs 16 bps decline in Q3; NIM compression slowed.
- Credit quality remains stable: non-performing assets + loans 90+ days past due at 0.21% of total assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846617/000084661724000005/0000846617-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846617/000084661724000005/dcom-20240126x8k.htm
  HTML page:      https://secwatch.observer/filing/0000846617-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer