Stephens analyst Matt Breese lowered the firm’s price target on Dime Community (DCOM) to $32.50 from $36 and keeps an Overweight rating on the shares. The firm thought Q1 earnings were “decent,” highlighted by a consensus EPS beat, the analyst tells investors. However, with management guidance calling for higher expenses and a lower-than-anticipated near-term net interest margin, the firm lowered its 2025 and 2026 operating EPS view by 8%-9% to $2.44 and $3.48, respectively.
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Read More on DCOM:
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