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DCOMP.PFD (Dime Community Bancshares) Credit Losses Provision : $40.53 Mil (As of Mar. 2025)


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What is Dime Community Bancshares Credit Losses Provision?

Dime Community Bancshares's credit losses provision for the three months ended in Mar. 2025 was $9.63 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $40.53 Mil.

Dime Community Bancshares's quarterly credit losses provision increased from Sep. 2024 ($11.60 Mil) to Dec. 2024 ($13.72 Mil) but then declined from Dec. 2024 ($13.72 Mil) to Mar. 2025 ($9.63 Mil).

Dime Community Bancshares's annual credit losses provision declined from Dec. 2022 ($5.37 Mil) to Dec. 2023 ($2.77 Mil) but then increased from Dec. 2023 ($2.77 Mil) to Dec. 2024 ($36.11 Mil).


Dime Community Bancshares Credit Losses Provision Historical Data

The historical data trend for Dime Community Bancshares's Credit Losses Provision 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.

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Dime Community Bancshares Credit Losses Provision Chart

Dime Community Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.17 6.21 5.37 2.77 36.11

Dime Community Bancshares Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision 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 5.21 5.59 11.60 13.72 9.63

Dime Community Bancshares Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $40.53 Mil.

* 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 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. The company has one reportable segment which is Community Banking.