Dime Community Bancshares: Well, I Was Wrong

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  Posted by Two Blokes April 23, 2025 - Filed in Stock - 18 views
  
  I downgraded Dime Community Bancshares to a 'Hold' last year, but the stock has since surged 42.7%, outperforming the S&P 500. Despite improvements in net interest income and profitability, the stock remains expensive relative to earnings, justifying my 'Hold' rating. Asset quality remains a concern, with DCOM lagging behind peers in return on assets and equity.