{"id":984060,"date":"2026-07-23T07:59:52","date_gmt":"2026-07-23T11:59:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dime-commercial-bancshares-inc-reports-17-year-over-year-increase-in-eps\/"},"modified":"2026-07-23T07:59:52","modified_gmt":"2026-07-23T11:59:52","slug":"dime-commercial-bancshares-inc-reports-17-year-over-year-increase-in-eps","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dime-commercial-bancshares-inc-reports-17-year-over-year-increase-in-eps\/","title":{"rendered":"Dime Commercial Bancshares, Inc. Reports 17% Year-Over-Year Increase in EPS"},"content":{"rendered":"
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\n Net Interest Margin Expansion Drives Record Quarterly Revenue of $126 million;<\/strong>
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\n Strong Year-Over-Year Core Deposit and Business Loan Growth<\/strong>\n <\/p>\n

\n Announces Plans to Resume Share Buybacks<\/strong>\n <\/p>\n

HAUPPAUGE, N.Y., July 23, 2026 (GLOBE NEWSWIRE) — Dime Commercial Bancshares, Inc. (NYSE: DCOM) (the \u201cCompany\u201d or \u201cDime\u201d), the parent company of Dime Commercial Bank (the \u201cBank\u201d), today reported net income available to common stockholders of $33.0 million for the quarter ended June\u00a030,\u00a02026, or $0.75 per diluted common share, compared to net income available to common stockholders of $32.8 million, or $0.75 per diluted common share, for the quarter ended March 31, 2026 and net income available to common stockholders of $27.9 million for the quarter ended June\u00a030,\u00a02025, or $0.64 per diluted common share.<\/p>\n

Adjusted net income available to common stockholders (non-GAAP) was $34.7 million and adjusted diluted EPS (non-GAAP) was $0.79 per share for the quarter ended June 30, 2026, compared to $0.74 per share for the quarter ended March 31, 2026 and $0.64 for the quarter ended June 30, 2025 (see “Non-GAAP Reconciliation” tables at the end of this news release).<\/p>\n

Stuart H. Lubow, President and Chief Executive Officer (\u201cCEO\u201d) of the Company, stated, \u201cDime continues to execute on our growth plan and delivered record quarterly revenue. Second quarter results were marked by strong growth in business loans as our commercial banking teams are converting their robust pipelines. Recognizing the progress we have made in creating a high-quality balance sheet, Kroll Bond Rating Agency recently issued a \u201cPositive\u201d ratings outlook for Dime. Finally, and in recognition of our evolution into a commercial and private banking powerhouse, we recently completed our re-brand to \u201cDime Commercial Bank\u201d.\u201d<\/p>\n

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\n Capital Return<\/u>
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\n :<\/strong> Mr. Lubow, stated, \u201cIn light of our strong capital position, lower CRE concentration levels, stress testing results, and improving profitability, we are pleased to announce that we expect to begin repurchasing our shares in the third quarter.\u201d<\/p>\n

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\n Highlights for the Second Quarter of 2026 included:<\/u>
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