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Stock impact report

Dime Community Bancshares, Inc. Reports 70% Year-Over-Year Increase In Business Banking Originations

Dime Community Bancshares, Inc. (DCOM) 
Last dime community bancshares, inc. earnings: 4/28 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.dime.com
Company Research Source: GlobeNewswire
Repurchased Approximately 3% of Outstanding Shares During the Third Quarter BROOKLYN, N.Y., Oct. 26, 2018 (GLOBE NEWSWIRE) --  Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime” or “its”), the parent company of Dime Community Bank (the “Bank”), today reported net income of $11.8 million for the quarter ended September 30, 2018, or $0.32 per diluted common share, compared with net income of $12.3 million for the quarter ended June 30, 2018, or $0.33 per diluted common share, and net income of $13.3 million for the quarter ended September 30, 2017, or $0.35 per diluted common share. The linked quarter decline in EPS was attributable to a 12 basis point increase in the cost of funds which was partially offset by an 8 basis point increase in overall loan yields (excluding prepayment fee income), a $0.8 million increase in marketing-related non-interest expenses, and a $0.2 million reduction in prepayment fee income.  Commenting on the linked quarter decline in ea Show less Read more
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