NYSE$DCOM

Dime Community Bancshares Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported record earnings per share and net income for Q4 2019.

Bridge Bancorp reported a strong fourth quarter with record levels of income and earnings per share. Net income for the quarter was $14.2 million, or $0.71 per diluted share. The company experienced strong increases in net loans and core deposit growth, particularly in its western markets.

  • Net income for the fourth quarter of 2019 was $14.2 million, or $0.71 per diluted share.
  • Net interest income for the fourth quarter of 2019 increased $1.6 million over the 2018 fourth quarter to $35.6 million.
  • Total assets of $4.9 billion at December 31, 2019, 4% higher than September 30, 2019, and 5% higher than December 31, 2018.
  • Loan growth of $404 million, or 12%, with fourth quarter growth of $172 million, or 19% annualized.

Headline financials

Total Revenue

$43M

Previous: $39M+10.4%
EPS (adj)

$0.27

Previous: $0.34-20.6%
Efficiency Ratio

57.5%

No prior period
NPAs to Total Assets

0.1%

No prior period
ROA

1.2%

No prior period
ROE

11.4%

No prior period
Capital Expenditures

$1.62M

Previous: $66K+2359.1%
Free Cash Flow

$20.9M

Previous: $17.6M+18.6%
Net Income

$14.2M

Previous: $12.4M+14.2%
Operating Income

$18.1M

No prior period
Gross Profit

$43M

Previous: $39M+10.4%
Cash & Equivalents

$117M

Previous: $295M-60.3%
Total Assets

$4.92B

Previous: $4.7B+4.7%
Stock-Based Comp

$937K

Previous: $798K+17.4%

Revenue & EPS history

Dime · Revenue · Quarterly

$43M

Q4 2019+10.4%vs Q4 2018
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Dime · $143M total across 6 segments · Q3 2023

  • Multifamily Residential
    $46.1M
  • Commercial RE (Non-Owner)
    $44.2M
  • Business Loans
    $38.4M
  • 1-4 Family Residential
    $9.17M
  • Acquisition & Construction
    $5.08M
  • Other Loans
    $88K

Forward guidance

The press release does not contain specific forward guidance. Therefore, this section is left intentionally blank.

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 Q4 2019

Historical avgQ4 2019

+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

Earnings price reactions
QuarterReport dateReaction (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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