DCOM FY 2018 Earnings Report — Dime Community Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

Dime Community Bancshares, Inc.DCOM

FY 2018 Earnings

Reported March 14, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$231M	—	$223M	—	3.6%
Op. Income	$67M	—	$89M	—	-24.8%
Gross Margin	66.4%	—	73.2%	—	-6.7pp
Net Margin	22.2%	—	23.2%	—	-1.1pp
EPS (Diluted)	$1.38	—	$1.38	—	0.0%
Free Cash Flow	$60M	—	$34M	—	76.4%

Revenue Flow

Item	Amount
REVENUE	$231M
Cost of Revenue	$78M
GROSS PROFIT	$154M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$56M
SG&A Expenses	$59M
Other Expenses	$28M
Operating Expenses	$87M
Cost & Expenses	$165M
OPERATING INCOME	$67M
Interest Income	$222M
Interest Expense	$75M
Other Income/Expenses	$0
INCOME BEFORE TAX	$67M
Income Tax Expense	$15M
Net Income from Continuing Ops	$51M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$51M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$51M
D&A	$5M
EBIT	$67M
EBITDA	$72M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$231M
Cost of Revenue	$78M
GROSS PROFIT	$154M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$56M
SG&A Expenses	$59M
Other Expenses	$28M
Operating Expenses	$87M
Cost & Expenses	$165M
OPERATING INCOME	$67M
Interest Income	$222M
Interest Expense	$75M
Other Income/Expenses	$0
INCOME BEFORE TAX	$67M
Income Tax Expense	$15M
Net Income from Continuing Ops	$51M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$51M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$51M
D&A	$5M
EBIT	$67M
EBITDA	$72M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$51M
Depreciation & Amortization	$5M
Stock-Based Compensation	$2M
Deferred Income Tax	-$807.0K
Other Non-Cash Items	$3M
Change in Working Capital	$4M
OPERATING CASH FLOW	$64M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$389M
Sales/Maturities of Investments	$236M
Other Investing Activities	$206M
NET CASH FROM INVESTING	$48M
Net Debt Issuance	-$45M
Common Stock Repurchased	-$26M
Common Dividends Paid	-$21M
Other Financing Activities	-$43M
NET CASH FROM FINANCING	-$135M
FREE CASH FLOW	$60M
Net Change in Cash	-$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$147M
Short-Term Investments	$503M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$650M
PP&E (Net)	$25M
Goodwill	$56M
Intangible Assets	$0
Long-Term Investments	$5.4B
Tax Assets	$0
Other Non-Current Assets	$211M
TOTAL NON-CURRENT ASSETS	$5.7B
TOTAL ASSETS	$6.3B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$4.4B
TOTAL CURRENT LIABILITIES	$4.4B
Long-Term Debt	$1.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$123M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$5.7B
Common Stock	$537.0K
Additional Paid-In Capital	$278M
Retained Earnings	$566M
Treasury Stock	-$230M
Accum. Other Comp. Income	-$7M
Other Equity	-$5M
TOTAL STOCKHOLDERS' EQUITY	$602M
Minority Interest	$0
TOTAL EQUITY	$602M
TOTAL LIABILITIES & EQUITY	$6.3B
Total Debt	$1.2B
Net Debt	$1.1B