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EarningsQ2 2026 Earnings Report
DCOM Q2 2026 EPS Results
Actual EPS$0.79
Consensus EPS$0.79
Beat/MissMissed by -<$0.01
One Year Ago EPS$0.64
DCOM Q2 2026 Revenue Results
Actual Revenue$185.94M
Expected Revenue$123.46M
Beat/MissBeat by +$62.48M
YoY Revenue Growth+4.39%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeBefore Open
Conference CallThursday, July 23, 2026
DCOM Upcoming Earnings
Dime Community Bancshares's next earnings date is estimated for October 23, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DCOM Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted a strong set of operating and capital metrics: record quarterly revenue, double-digit core EPS growth (+23% YoY), consecutive NIM expansion, robust business loan growth (+26% YoY), improved efficiency (sub-50% ratio), solid capital ratios and resumption of share repurchases. Key challenges include a $14 million provision driven by investor CRE charge-offs, multifamily delinquency pockets ( ~$26–27M near 90 days and a $6M specific reserve), meaningful CRE exposure (though reduced to ~350%), competitive pressure on deposit and loan pricing, and near-term NIM uncertainty. Overall, the positive operational momentum, capital flexibility, and explicit roadmap for NIM expansion and buybacks outweigh the credit and competitive headwinds.Company Guidance
Record Quarterly Revenue and EPS Growth
Revenues reached a record $126 million for Q2 2026. Core EPS was $0.79, up 23% year-over-year.
Net Interest Margin Expansion
Reported NIM increased to 3.28% (up 7 basis points vs. linked quarter). Run-rate NIM (ex-day count, purchase accounting and prepayment fees) was ~3.22% vs. 3.14% in the prior quarter, marking the 9th consecutive quarter of NIM improvement.
Strong Business Loan Growth and Robust Pipeline
Business loans grew ~ $743 million year-over-year, a 26% increase. Loan pipeline is approximately $1.4 billion with a weighted average rate of ~6.25%.
Improved Efficiency
Core efficiency ratio drove below 50% in Q2 (49.9%), reflecting payback from hiring and scale benefits from recent team and vertical additions.
Solid Capital and Liquidity Positions
Tangible equity ratio crossed 9%; Common Equity Tier 1 ratio increased to 12%; total capital ratio 16.3%. The bank holds ~$1.9 billion in cash and $3.8 billion of floating-rate loans with ~$350 million of hedges.
Resumption of Share Repurchases Planned
Management expects to resume share repurchases in Q3 2026 and to operate in the near-to-medium term with a CET1 target range of 11.25%–11.50%, providing room for buybacks and organic growth.
CRE Ratio Reduction and Strategic Portfolio Shift
CRE ratio reduced to approximately 350%, positioning the bank below local peers (stated peers at 375%–450%) and aligning with management’s strategic shift away from legacy multifamily concentration.
Asset Base and Deposit Mix Strength
Average earning assets for the quarter were ~$14.1 billion. Over 70% of deposits are commercial/municipal; DDA represents >31% of deposits. Reported cost of funds around 1.64% (spot ~1.67%–1.68%).
Credit Metrics: NPAs and Allowance Coverage
Non-performing assets (NPAs) were down 28% on a linked-quarter basis. Allowance to loans increased to ~98 basis points, inside previously disclosed guidance of 90–100 bps.
Forward NIM Outlook and Repricing Opportunity
Management highlighted ~ $2.5 billion of adjustable/fixed loans at a weighted average rate of ~4.25% that reprice or mature over the next 18 months, and expects NIM to ultimately exceed 3.50% by Q4 2027 assuming consensus rates and rational competition.
DCOM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed