DCOM FY 2017 Earnings Report — Dime Community Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

Dime Community Bancshares, Inc.DCOM

FY 2017 Earnings

Reported March 9, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$223M	—	$203M	—	9.7%
Op. Income	$89M	—	$133M	—	-33.5%
Gross Margin	73.2%	—	73.3%	—	-0.2pp
Net Margin	23.2%	—	35.7%	—	-12.4pp
EPS (Diluted)	$1.38	—	$1.97	—	-29.9%
Free Cash Flow	$34M	—	$14M	—	138.2%

Revenue Flow

Item	Amount
REVENUE	$223M
Cost of Revenue	$60M
GROSS PROFIT	$163M
R&D Expenses	$0
Selling & Marketing	$6M
General & Administrative	$50M
SG&A Expenses	$56M
Other Expenses	$19M
Operating Expenses	$75M
Cost & Expenses	$134M
OPERATING INCOME	$89M
Interest Income	$212M
Interest Expense	$59M
Other Income/Expenses	$0
INCOME BEFORE TAX	$89M
Income Tax Expense	$37M
Net Income from Continuing Ops	$52M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$52M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$52M
D&A	$4M
EBIT	$89M
EBITDA	$92M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$223M
Cost of Revenue	$60M
GROSS PROFIT	$163M
R&D Expenses	$0
Selling & Marketing	$6M
General & Administrative	$50M
SG&A Expenses	$56M
Other Expenses	$19M
Operating Expenses	$75M
Cost & Expenses	$134M
OPERATING INCOME	$89M
Interest Income	$212M
Interest Expense	$59M
Other Income/Expenses	$0
INCOME BEFORE TAX	$89M
Income Tax Expense	$37M
Net Income from Continuing Ops	$52M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$52M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$52M
D&A	$4M
EBIT	$89M
EBITDA	$92M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$52M
Depreciation & Amortization	$4M
Stock-Based Compensation	$2M
Deferred Income Tax	$11M
Other Non-Cash Items	-$14M
Change in Working Capital	-$10M
OPERATING CASH FLOW	$43M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	-$364M
Sales/Maturities of Investments	$30M
Other Investing Activities	$11M
NET CASH FROM INVESTING	-$332M
Net Debt Issuance	$452M
Common Stock Repurchased	-$350.0K
Common Dividends Paid	-$21M
Other Financing Activities	-$16M
NET CASH FROM FINANCING	$345M
FREE CASH FLOW	$34M
Net Change in Cash	$56M

Balance Sheet

Item	Amount
Cash & Equivalents	$169M
Short-Term Investments	$355M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$525M
PP&E (Net)	$24M
Goodwill	$56M
Intangible Assets	$0
Long-Term Investments	$5.6B
Tax Assets	$0
Other Non-Current Assets	$218M
TOTAL NON-CURRENT ASSETS	$5.9B
TOTAL ASSETS	$6.4B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$4.4B
TOTAL CURRENT LIABILITIES	$4.4B
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$118M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$5.8B
Common Stock	$536.0K
Additional Paid-In Capital	$277M
Retained Earnings	$535M
Treasury Stock	-$205M
Accum. Other Comp. Income	-$4M
Other Equity	-$6M
TOTAL STOCKHOLDERS' EQUITY	$599M
Minority Interest	$0
TOTAL EQUITY	$599M
TOTAL LIABILITIES & EQUITY	$6.4B
Total Debt	$1.3B
Net Debt	$1.1B