NYSE$DCOM
Dime Community Bancshares Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Bridge Bancorp's first quarter results were announced, showing a decrease in net income due to higher provision for credit losses and non-interest expense, despite an increase in net interest income.
Bridge Bancorp reported a net income of $9.3 million, or $0.47 per diluted share, for the first quarter of 2020. This represents a decrease compared to the first quarter of 2019, primarily driven by increased provision for credit losses and non-interest expense, which was partially offset by higher net interest income. The company's performance was impacted by the economic effects of the COVID-19 pandemic.
- Net income for the first quarter of 2020 was $9.3 million, or $0.47 per diluted share.
- Net interest income for the first quarter of 2020 increased to $36.7 million, with a tax-equivalent net interest margin of 3.26%.
- Total assets reached $5.1 billion as of March 31, 2020, an 8% increase compared to March 31, 2019.
- Loan growth amounted to $371 million, or 11%, compared to March 31, 2019.
Headline financials
Revenue & EPS history
Dime · Revenue · Quarterly
$41.9M
Revenue by segment
Dime · $143M total across 6 segments · Q3 2023
- Multifamily Residential$46.1M—32.2%
- Commercial RE (Non-Owner)$44.2M—30.9%
- Business Loans$38.4M—26.8%
- 1-4 Family Residential$9.17M—6.4%
- Acquisition & Construction$5.08M—3.5%
- Other Loans$88K—0.1%
Forward guidance
The Company estimates it will record income tax at an effective tax rate of approximately 22.5% for the remainder of 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.3%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+1.1%
Avg return
30 days after
56%
37 / 66 earnings
Positive
+8.5%
Q4 2025
Best reaction
-9.5%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | +0.9% | +2.7% | |
| Q4 2025 | +8.5% | +9.9% | +13.8% | |
| Q3 2025 | -0.7% | -3.9% | +4.7% | |
| Q2 2025 | -0.8% | -3.8% | +3.7% | |
| Q1 2025 | +2.8% | +2.0% | +0.4% | |
| Q4 2024 | -2.4% | -3.1% | -3.7% | |
| Q3 2024 | +3.2% | +1.1% | +19.8% | |
| Q2 2024 | +0.4% | +6.6% | -2.7% | |
| Q1 2024 | +1.7% | +0.1% | -1.1% | |
| Q4 2023 | -1.3% | -9.0% | -23.9% | |
| Q3 2023 | -8.3% | -9.4% | +5.0% | |
| Q2 2023 | +3.4% | +4.6% | -2.6% | |
| Q1 2023 | +1.7% | -7.0% | -12.3% | |
| Q4 2022 | -8.2% | -5.6% | -7.8% | |
| Q3 2022 | +4.3% | -0.8% | +5.1% | |
| Q2 2022 | +5.9% | +3.3% | -0.2% | |
| Q1 2022 | -9.5% | -4.7% | -8.7% | |
| Q4 2021 | -0.4% | -2.5% | -2.5% | |
| Q3 2021 | +7.6% | +9.9% | +1.6% | |
| Q2 2021 | -2.0% | -0.5% | +0.3% | |
| Q1 2021 | +0.4% | +2.0% | +4.4% | |
| Q4 2020 | -2.3% | -1.7% | -1.1% | |
| Q3 2020 | -7.6% | -3.0% | +20.5% | |
| Q2 2020 | +3.3% | +0.4% | +11.3% | |
| Q1 2020 | -0.7% | -4.5% | +2.2% | |
| Q4 2019 | +0.3% | -3.0% | -12.9% | |
| Q3 2019 | +6.5% | +8.5% | +8.7% | |
| Q2 2019 | +0.8% | +1.4% | -8.7% | |
| Q1 2019 | +0.6% | +1.5% | -5.6% | |
| Q4 2018 | +1.0% | +8.8% | +18.0% | |
| Q3 2018 | +3.1% | +2.0% | +1.8% | |
| Q2 2018 | +3.9% | +3.5% | +2.2% | |
| Q1 2018 | +0.0% | +0.0% | +10.1% | |
| Q4 2017 | +0.3% | -1.8% | -4.8% | |
| Q3 2017 | +5.6% | +1.7% | -1.1% | |
| Q2 2017 | -2.6% | -1.5% | -5.2% | |
| Q1 2017 | -2.7% | -2.7% | -8.5% | |
| Q4 2016 | -0.4% | -1.8% | -1.2% | |
| Q3 2016 | +1.8% | -0.7% | +21.1% | |
| Q2 2016 | +0.0% | -3.6% | -0.0% | |
| Q1 2016 | -1.7% | — | — | |
| Q4 2015 | +2.7% | — | — | |
| Q3 2015 | +3.7% | — | — | |
| Q2 2015 | -3.0% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | -2.3% | — | — | |
| Q3 2014 | +1.5% | — | — | |
| Q2 2014 | -2.1% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | -4.2% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q1 2012 | +3.3% | — | — | |
| Q4 2009 | +2.7% | — | — | |
| Q4 2011 | +2.7% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q3 2010 | +0.6% | — | — | |
| Q3 2011 | +0.6% | — | — | |
| Q2 2011 | -1.7% | — | — | |
| Q2 2010 | -1.7% | — | — | |
| Q1 2010 | +4.3% | — | — |
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