Dime Posts 53% EPS Jump, Record $135M Revenue, and Unveils ES Bancshares Deal
DCOM sits 51% above its 52-week low of $25.625.
Summary
Dime reported Q3 2026 EPS of $0.90, up 53% year over year, on record $135M revenue and a 3.35% net interest margin, while non-performing assets climbed to $99.5M. The same morning it announced an agreement to acquire ES Bancshares, parent of Empire State Bank.
Key Events · Earnings and Guidance · DCOM
-
Q3 EPS Jumps 53% to $0.90
Net income available to common was $39.7M, or $0.90 per diluted share, versus $25.8M and $0.59 a year earlier; adjusted EPS was $0.91.
-
Record Revenue and NIM Expansion
Total revenue reached $135.3M versus $115.6M a year ago, with net interest margin at 3.35% (from 3.28% linked quarter) and the efficiency ratio down to 48.4% from 53.8%.
-
Credit Deterioration: NPAs Up to $99.5M
Non-performing assets rose from $69.0M at June 30 to $99.5M, including a $47.8M multifamily non-accrual; the credit loss provision was $13.8M, roughly flat sequentially.
-
ES Bancshares Acquisition Announced
A separate press release the same morning disclosed an intention to acquire ES Bancshares, Inc., parent of Empire State Bank in Staten Island — terms were not included in this filing.
Analysis · DCOM · Finance
Dime delivered a strong third quarter, with diluted EPS of $0.90 versus $0.59 a year ago, a 53% increase, on record revenue of $135.3M as net interest margin widened to 3.35% and the efficiency ratio fell below 48%. The offset is credit: non-performing assets rose to $99.5M from $69.0M at June 30, driven by a $47.8M multifamily non-accrual, and the $13.8M provision held flat rather than falling. Separately, the company said it intends to acquire ES Bancshares, the parent of Empire State Bank — a growth move that will consume capital and add integration risk just as asset quality is softening.
How filings like this one have moved
In the 30 days to Oct 20, 2026, 37.4% of the 952 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DCOM was trading at $38.70 on NYSE in the Finance sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $25.63 to $41.97. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.