Dime Community Bancshares (Dime Community Bancshares) Debt-to-Equity : 1.28 (As of Dec. 2023)

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What is Dime Community Bancshares Debt-to-Equity?

Dime Community Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Dime Community Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,568.7 Mil. Dime Community Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,226.2 Mil. Dime Community Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 1.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Dime Community Bancshares's Debt-to-Equity or its related term are showing as below:

DCOM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 2.08 Max: 2.55
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Dime Community Bancshares was 2.55. The lowest was 0.24. And the median was 2.08.

DCOM's Debt-to-Equity is ranked worse than
72% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs DCOM: 0.83

Dime Community Bancshares Debt-to-Equity Historical Data

The historical data trend for Dime Community Bancshares's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dime Community Bancshares Debt-to-Equity Chart

Dime Community Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.28

2.11

0.24

1.19

1.28

Dime Community Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.48	1.42	1.15	1.28	0.83

Competitive Comparison of Dime Community Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Dime Community Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dime Community Bancshares's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dime Community Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dime Community Bancshares's Debt-to-Equity falls into.

Dime Community Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dime Community Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1568.65)	/	1226.225
	=	1.28

Dime Community Bancshares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1568.65)	/	1226.225
	=	1.28

Dime Community Bancshares (NAS:DCOM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Dime Community Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Dime Community Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Dime Community Bancshares (Dime Community Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dime Community Bancshares Inc (NAS:DCOM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DCOMP.PFD:USA

Address

898 Veterans Memorial Highway, Suite 560, Hauppauge, NY, USA, 11788

Website

https://www.dime.com

Dime Community Bancshares Inc operates as a holding company. It gathers deposits from customers within its market area and via the internet, and invests them in multifamily residential, commercial real estate, commercial and industrial (C&I) loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities, obligations of the U.S. government and government- sponsored enterprises (GSEs), and corporate debt and equity securities.

Executives

Stuart H Lubow	officer: President	300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Judith H Germano	director	898 VETERANS MEMORIAL HIGHWAY, HAUPPAUGE NY 11788
Basswood Capital Management, L.l.c.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Christopher J Porzelt	officer: Chief Risk Officer	300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Basswood Partners, L.l.c.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Basswood Financial Fund, L.p.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Long Only Fund, L.p.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Opportunity Fund Inc	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVE, 10TH FL, NEW YORK NY 10017
Basswood Opportunity Partners, L.p.	director, 10 percent owner, other: Director-by-Deputization	BASSWOOD CAPITAL MANAGEMENT LLC, 645 MADISON AVENUE, NEW YORK NY 10022
Michael Fegan	officer: Chief Technology & Ops Officer	300 CADMAN PLAZA WEST, BROOKLYN NY 11201
Kenneth J Mahon	director
Paul M Aguggia	director	1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Mccoy Jr. Albert E	director	P.O. BOX 3005, BRIDGEHAMPTON NY 11932
Rosemarie Chen	director	300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Bennett D Lindenbaum	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022