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Dime Community Bancshares (Dime Community Bancshares) Goodwill-to-Asset : 0.01 (As of Dec. 2023)


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What is Dime Community Bancshares Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Dime Community Bancshares's Goodwill for the quarter that ended in Dec. 2023 was $155.8 Mil. Dime Community Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $13,636.0 Mil. Therefore, Dime Community Bancshares's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.01.


Dime Community Bancshares Goodwill-to-Asset Historical Data

The historical data trend for Dime Community Bancshares's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Dime Community Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

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
Goodwill-to-Asset 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Dime Community Bancshares's Goodwill-to-Asset

For the Banks - Regional subindustry, Dime Community Bancshares's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset Distribution in the Banks Industry

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

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



Dime Community Bancshares Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

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

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=155.8/13636.005
=0.01

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

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=155.8/13636.005
=0.01

* 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.


Dime Community Bancshares  (NAS:DCOM) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Dime Community Bancshares Goodwill-to-Asset Related Terms

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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