tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dime Community reports Q2 EPS 64c, consensus 63c

The net interest margin increased to 2.98% for the second quarter of 2025 compared to 2.95% for the prior quarter; and The Company’s Common Equity Tier 1 Ratio increased to 11.25% at the end of the second quarter. Stuart Lubow, President and Chief Executive Officer of the Company, stated, “As we continue to execute on our growth plan, we were pleased with the solid growth in core deposits, business loans, net interest margin and capital ratios. We had an active second quarter from a recruiting standpoint, which will aid us in the years ahead as we diversify our balance sheet and continue to take market share. Of note, and recognizing the progress we have made in creating a high quality balance sheet, Kroll Bond Rating Agency revised our outlook from “Stable” to “Positive” in the month of June.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1