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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dime Community Bancshares's Revenue for the three months ended in Dec. 2024 was $57.2 Mil. Dime Community Bancshares's Total Assets for the quarter that ended in Dec. 2024 was $14,049.9 Mil. Therefore, Dime Community Bancshares's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.
Asset Turnover is linked to ROE % through Du Pont Formula. Dime Community Bancshares's annualized ROE % for the quarter that ended in Dec. 2024 was -6.14%. It is also linked to ROA % through Du Pont Formula. Dime Community Bancshares's annualized ROA % for the quarter that ended in Dec. 2024 was -0.58%.
The historical data trend for Dime Community Bancshares's Asset Turnover 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.
Dime Community Bancshares Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Asset Turnover | Get a 7-Day Free Trial |
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0.03 | 0.04 | 0.03 | 0.03 | 0.02 |
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 | |
Asset Turnover | Get a 7-Day Free Trial |
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0.01 | 0.01 | 0.01 | 0.01 | - |
For the Banks - Regional subindustry, Dime Community Bancshares's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.
For the Banks industry and Financial Services sector, Dime Community Bancshares's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Dime Community Bancshares's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
Dime Community Bancshares's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Dec. 2024 ) | / | ( (Total Assets (A: Dec. 2023 ) | + | Total Assets (A: Dec. 2024 )) | / count ) |
= | 314.099 | / | ( (13636.005 | + | 14353.258) | / 2 ) |
= | 314.099 | / | 13994.6315 | |||
= | 0.02 |
Dime Community Bancshares's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Dec. 2024 ) | / | ( (Total Assets (Q: Sep. 2024 ) | + | Total Assets (Q: Dec. 2024 )) | / count ) |
= | 57.237 | / | ( (13746.529 | + | 14353.258) | / 2 ) |
= | 57.237 | / | 14049.8935 | |||
= | 0.00 |
* 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Dime Community Bancshares (NAS:DCOM) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Dime Community Bancshares's annulized ROE % for the quarter that ended in Dec. 2024 is
ROE %** | (Q: Dec. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -81.652 | / | 1330.223 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-81.652 / 228.948) | * | (228.948 / 14049.8935) | * | (14049.8935/ 1330.223) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | -35.66 % | * | 0.0163 | * | 10.5621 |
= | ROA % | * | Equity Multiplier | ||
= | -0.58 % | * | 10.5621 | ||
= | -6.14 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Dime Community Bancshares's annulized ROA % for the quarter that ended in Dec. 2024 is
ROA % | (Q: Dec. 2024 ) | ||
= | Net Income | / | Total Assets |
= | -81.652 | / | 14049.8935 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (-81.652 / 228.948) | * | (228.948 / 14049.8935) |
= | Net Margin % | * | Asset Turnover |
= | -35.66 % | * | 0.0163 |
= | -0.58 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.
* 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.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Thank you for viewing the detailed overview of Dime Community Bancshares's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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