secwatch.observer — SEC 8-K summary
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Issuer:     Dime Community Bancshares, Inc. /NY/ (DCOM)
CIK:        0000846617
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0000846617-25-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dime Q4 GAAP loss $22.2M (-$0.54/sh); adjusted EPS $0.42; NIM expands to 2.79%
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- Q4 net loss available to common $22.2M ($0.54 diluted EPS) vs $11.5M income ($0.29) in Q3; full-year EPS $0.55 down from $2.29.
- Adjusted net income $17.4M, adj. EPS $0.42, up 45% linked quarter; NIM expanded 29bp to 2.79%.
- Deposits grew $268.8M linked quarter; core deposits up $513.4M; average noninterest-bearing deposits 30% of total.
- Completed $135.8M common equity offering in Nov 2024; CET1 ratio rose to 11.07%; book value $29.34.
- Credit loss provision $13.7M vs $11.6M prior quarter; NPLs flat at $49.5M; adjusted efficiency ratio 58.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846617/000084661725000006/0000846617-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846617/000084661725000006/dcom-20250123x8k.htm
  HTML page:      https://secwatch.observer/filing/0000846617-25-000006

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