GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dime Community Bancshares Inc (NAS:DCOM) » Definitions » Net Interest Margin (Bank Only) %
中文

Dime Community Bancshares (Dime Community Bancshares) Net Interest Margin (Bank Only) %

: 2.41% (As of Dec. 2023)
View and export this data going back to 1996. Start your Free Trial

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Dime Community Bancshares's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $296.5 Mil. Dime Community Bancshares's average earning assets for the quarter that ended in Dec. 2023 was $12,316.9 Mil. Therefore, Dime Community Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 2.41%.


Dime Community Bancshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Dime Community Bancshares's Net Interest Margin (Bank Only) % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 2.95 4.17 3.30 2.59

Dime Community Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.26 2.81 2.60 2.47 2.41

Competitive Comparison

For the Banks - Regional subindustry, Dime Community Bancshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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 Net Interest Margin (Bank Only) % Distribution

For the Banks industry and Financial Services sector, Dime Community Bancshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Dime Community Bancshares's Net Interest Margin (Bank Only) % falls into.



Dime Community Bancshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Dime Community Bancshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=316.571/( (12108.454 + 12291.473)/ 2 )
=316.571/12199.9635
=2.59 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=88.745 + 10483.324 + 1536.385
=12108.454

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=98.75 + 10711.844 + 1480.879
=12291.473

Dime Community Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=296.484/( (12342.227 + 12291.473)/ 2 )
=296.484/12316.85
=2.41 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=90.085 + 10781.972 + 1470.17
=12342.227

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=98.75 + 10711.844 + 1480.879
=12291.473

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Dime Community Bancshares  (NAS:DCOM) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Dime Community Bancshares Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Dime Community Bancshares's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dime Community Bancshares (Dime Community Bancshares) Business Description

Traded in Other Exchanges
Address
898 Veterans Memorial Highway, Suite 560, Hauppauge, NY, USA, 11788
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