Dime Community Bancshares, Inc. reported net income available to common stockholders of $19.6 million for the first quarter of 2025, or $0.45 per diluted common share. Adjusted net income was $24.7 million, or $0.57 per share. The company saw continued growth in core deposits and business loans year-over-year, and net interest margin expanded to 2.95%.
Dime Community Bancshares reported a net loss of $22.2 million for Q4 2024, primarily due to a loss on the sale of securities and other expenses. However, adjusted net income totaled $17.4 million, reflecting an increase compared to the previous quarter and the year-ago quarter. The net interest margin expanded, and core deposits increased.
Dime Community Bancshares reported a net income available to common stockholders of $11.5 million, or $0.29 per diluted common share, for the quarter ended September 30, 2024. Strong growth in low-cost core deposits drove a significant linked quarter expansion in the Net Interest Margin.
Dime Community Bancshares reported a net income available to common stockholders of $16.7 million, or $0.43 per diluted common share, for the quarter ended June 30, 2024. Core deposit growth and business loan increases drove positive results, with the total risk-based capital ratio reaching 14.5%.
Dime Community Bancshares reported a net income available to common stockholders of $15.9 million, or $0.41 per diluted common share, for the quarter ended March 31, 2024. The company experienced core deposit growth and reduced its FHLB borrowing position by 41% versus year-end levels.
Dime Community Bancshares reported a net income available to common stockholders of $14.5 million, or $0.37 per diluted common share, for the quarter ended December 31, 2023. The results included $1.0 million of pre-tax expense related to the FDIC special assessment.
Dime Community Bancshares reported a net income available to common stockholders of $13.2 million, or $0.34 per diluted common share, for Q3 2023. Excluding pre-tax adjustments, adjusted net income was $21.9 million, or $0.56 per diluted share.
Dime Community Bancshares reported a net income available to common stockholders of $25.7 million, or $0.66 per diluted common share, for the quarter ended June 30, 2023. Average total deposits increased by over $150 million on a linked quarter basis. The company successfully onboarded 7 deposit groups and capital ratios and asset quality continued to be strong.
Dime Community Bancshares reported a strong first quarter in 2023, marked by a 12.2% increase in earnings per share compared to the previous year. The company also saw growth in deposits and increased liquidity and regulatory capital ratios.
Dime Community Bancshares reported a net income available to common stockholders of $38.2 million, or $0.99 per diluted common share, for the quarter ended December 31, 2022. Loan growth and strong non-interest income drove the positive results, while the company maintained prudent expense management and improved credit quality.
Dime Community Bancshares reported a net income available to common stockholders of $37.7 million, or $0.98 per diluted common share, for the quarter ended September 30, 2022. The company experienced robust loan originations and net interest margin expansion, driving net interest income growth. Deposit costs were well-controlled.
Dime Community Bancshares reported net income available to common stockholders of $36.7 million, or $0.94 per diluted common share, for the quarter ended June 30, 2022. The company experienced record core loan growth and net interest margin expansion.
Dime Community Bancshares reported a strong first quarter with net income available to common stockholders of $32.7 million, or $0.82 per diluted common share. The company saw an increase in non-interest-bearing deposits and a net interest margin expansion.
Dime Community Bancshares reported a strong fourth quarter, with net income available to common stockholders increasing significantly year-over-year. Loan originations grew, and the company's balance sheet is well-positioned for a rising interest rate environment.
Dime Community Bancshares, Inc. reported a net income available to common stockholders of $36.6 million for Q3 2021, compared to $14.0 million for Q3 2020. The company's non-interest-bearing deposits increased to 36% of total deposits, and the core efficiency ratio was 47%.
Dime Community Bancshares reported a strong second quarter with a 295% increase in net income year-over-year. The company focused on enhancing its deposit franchise and successfully executed cost savings outlined in the merger transaction.
Dime Community Bancshares reported a net loss of $22.9 million for Q1 2021, or $0.66 per diluted common share. However, adjusted net income totaled $32.4 million, or $0.94 per diluted share, after accounting for merger-related expenses, termination of borrowings, sale of securities, and provision for credit losses on acquired Non-PCD loans. The company saw significant deposit growth and was a leading provider of PPP loans.
Bridge Bancorp reported a net income of $13.1 million, or $0.66 per diluted share, for the third quarter of 2020. Excluding merger-related expenses, the adjusted net income was $15.4 million, or $0.77 per diluted share. Total assets grew to $6.3 billion, and deposits increased by $288.7 million.
Bridge Bancorp, Inc. reported a net income of $10.7 million, or $0.54 per diluted share, for the second quarter of 2020. Adjusted pre-tax pre-provision net revenue increased by $3.9 million compared to both the first quarter of 2020 and the second quarter of 2019. Net interest income increased by $4.9 million over the second quarter of 2019, reaching $40.4 million.
Bridge Bancorp reported a net income of $9.3 million, or $0.47 per diluted share, for the first quarter of 2020. This represents a decrease compared to the first quarter of 2019, primarily driven by increased provision for credit losses and non-interest expense, which was partially offset by higher net interest income. The company's performance was impacted by the economic effects of the COVID-19 pandemic.
Bridge Bancorp reported a strong fourth quarter with record levels of income and earnings per share. Net income for the quarter was $14.2 million, or $0.71 per diluted share. The company experienced strong increases in net loans and core deposit growth, particularly in its western markets.