Dime Community Bancshares Announces 14% Decline In Q3 Bottom Line

(RTTNews) - Dime Community Bancshares (DCOM) revealed a profit for third quarter that lost ground from last year.

The company said its earnings declined to $10.08 million, or $0.28 per share. This was lower than $11.76 million, or $0.33 per share, in last year's third quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Dime Community Bancshares earnings at a glance:

-Earnings (Q3): $10.08 Mln. vs. $11.76 Mln. last year. -Earnings Decline (Y-o-Y): -14.3% -EPS (Q3): $0.28 vs. $0.33 last year. -EPS Decline (Y-o-Y): -15.2% -Analysts Estimate: $0.29