Deposit GrowthRecent hiring efforts, particularly following the SBNY failure, have positively impacted non-interest bearing deposits and core deposit growth.
Earnings ForecastAnalysts have increased the price target for DCOM shares to $39.00, reflecting confidence in the improved earnings profile and lower CRE concentration.
Stock UpgradeShares of DCOM were upgraded to Overweight following the recent $144 million common equity raise.