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Dime Community: Q3 Earnings Snapshot

Dime Community: Q3 Earnings Snapshot

HAUPPAUGE, N.Y. (AP) — HAUPPAUGE, N.Y. (AP) — Dime Community Bancshares, Inc. (DCOM) on Thursday reported third-quarter earnings of $15 million.

The bank, based in Hauppauge, New York, said it had earnings of 34 cents per share. Earnings, adjusted for non-recurring costs, came to 56 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.

The bank holding company posted revenue of $165.8 million in the period. Its revenue net of interest expense was $84.4 million, missing Street forecasts.