Dime Commercial Bancshares Q3 profit rallies to $39.7 million

• Dime Commercial Bancshares reported third-quarter 2026 net income available to common shareholders of $39.7 million, up 53.7% year over year, while diluted earnings per share rose 53% to $0.90.
• Quarterly revenue reached $135.3 million, supported by higher net interest income of $121.2 million and an expanded net interest margin of 3.35%.
• Business loans increased $346.6 million sequentially, while non-performing assets rose to $99.5 million; Dime also announced an agreement to acquire ES Bancshares, parent of Empire State Bank.

Dime Commercial Bancshares (NYSE:DCOM) reported third-quarter 2026 net income available to common stockholders of $39.7 million, with diluted earnings increasing 53% to $0.90 per share.

Net income increased from $25.8 million a year earlier and $33.0 million in the preceding quarter, while revenue reached a record $135.3 million.

Net interest income rose to $121.2 million from $115.2 million sequentially, while net interest margin expanded to 3.35% from 3.28%.

Dime announced an agreement to acquire ES Bancshares, parent of Empire State Bank, as it seeks to expand its presence across New York City.

Total deposits reached $13.14 billion and business loans increased $346.6 million sequentially, although non-performing assets rose to $99.5 million from $69 million.

Noninterest expenses increased to $65.5 million from $64.7 million, while Dime repurchased 298,003 common shares at a weighted-average price of $40.64.