Dime Community Bancshares (NASDAQ:DCOM) Exceeds Q3 2026 Expectations

Dime Commercial Bancshares (DCOM) stock rose 6% on Tuesday, driven by strong Q3 earnings and an acquisition announcement. Revenue increased 19% YoY to $135M, while adjusted net income surged 50% to $39.1M. The company plans to acquire ES Bancshares (ESBS) for $58M, expanding its presence in NYC boroughs.

Dime Commercial (DCOM) reported Q3 2026 record revenue of $135M, EPS up 53% YoY. NIM increased 7bps, loan growth 30% YoY. Announced acquisition of Empire State Bank, expanding NYC presence. Expects NIM expansion and earnings accretion from the deal.

Dime Community Bancshares (DCOM) reported Q3 revenue of $135M, up 53% YoY in EPS, with business loans growing 30% and core deposits increasing by $1.1B. Net interest margin rose to 3.35%, with management expecting it to exceed 3.60% by 2027. The company agreed to acquire Empire State Bank, adding $600M in assets and expanding its NYC presence.

Dime Community Bancshares reported Q3 2026 earnings of $0.91 per share, beating estimates of $0.86, with revenue of $135.35 million exceeding forecasts. Despite the beat, shares fell 5.19% premarket. The company raised its long-term net interest margin outlook to over 360 basis points by the end of 2027. Loan and deposit growth remained strong, but investors focused on future growth and credit costs.

Dime Commercial Bancshares (DCOM) reported Q3 2026 net income of $39.7M ($0.90 EPS), up from $25.8M ($0.59 EPS) in Q3 2025. Net interest income rose to $121.2M. DCOM will acquire Empire Bancshares for $58M, issuing 720,000 shares and $30M cash. Empire had $596M in assets as of Q3 2026. DCOM shares closed at $38.70.

Dime Community Bancshares (DCOM) stock rose 7.2% pre-market after reporting Q3 earnings. EPS of $0.90 beat estimates, and revenue hit $135M. The company also announced a $58M acquisition of ES Bancshares, expected to boost EPS by 3.5%. Core deposits and loans grew significantly, and the bank repurchased 298,000 shares.