DCOM (Dime Community Bancshares) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Dime Community Bancshares LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Dime Community Bancshares's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Dime Community Bancshares's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.07). It may suggest that Dime Community Bancshares is progressively becoming less dependent on debt to grow their business.

Dime Community Bancshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dime Community Bancshares's LT-Debt-to-Total-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.

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Dime Community Bancshares LT-Debt-to-Total-Asset Chart

Dime Community Bancshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.22

0.02

0.11

0.12

0.07

Dime Community Bancshares Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.08	0.07	0.06	0.07

Dime Community Bancshares LT-Debt-to-Total-Asset Calculation

Dime Community Bancshares's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	929.318	/	14353.258
	=	0.06

Dime Community Bancshares's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	929.318	/	14353.258
	=	0.06

Dime Community Bancshares (NAS:DCOM) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Dime Community Bancshares LT-Debt-to-Total-Asset Related Terms

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Dime Community Bancshares Business Description

Industry

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

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

Executives

Avinash Reddy	officer: SEVP - CHIEF FINANCIAL OFFICER	300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Raymond A Nielsen	director	BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Basswood Capital Management, L.l.c.	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
Kenneth J Mahon	director
Michael Fegan	officer: Chief Technology & Ops Officer	300 CADMAN PLAZA WEST, BROOKLYN NY 11201
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
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 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
Paul M Aguggia	director	1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Mccoy Jr. Albert E	director	P.O. BOX 3005, BRIDGEHAMPTON NY 11932