HAUPPAUGE, N.Y. (AP) — HAUPPAUGE, N.Y. (AP) — Dime Community Bancshares, Inc. (DCOM) on Thursday reported third-quarter profit of $27.7 million.
The Hauppauge, New York-based bank said it had earnings of 59 cents per share. Earnings, adjusted for non-recurring costs, were 61 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.
The bank holding company posted revenue of $187.8 million in the period. Its revenue net of interest expense was $115.6 million, surpassing Street forecasts.
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