Filing Flows › Dime Commercial Bancshares (DCOM) › Q1 2025
Dime Commercial Bancshares (DCOM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Dime Commercial Bancshares (DCOM) reported revenue of $104M for the first quarter 2025 (Q1 2025), +27% from a year earlier and +81% from the quarter before. Operating margin was 27.6%, net earnings $21.5M (20.7% of revenue).
Dime Commercial Bancshares, Q1 2025: revenue $104M (+27% year over year), operating margin 27.6%, net earnings $21.5M, operating cash flow $65.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $104M | +81% | +27% |
| Operating profit | $28.7M | — | +18% |
| Net earnings | $21.5M | — | +21% |
| Operating cash flow | $65.4M | -27% | +113% |
| Free cash flow | $64.8M | — | +121% |
What changed
Revenue was $103.8M in Q1 2025, up 27% year over year and up 81% from the previous quarter.
Operating profit was $28.7M, a 27.6% margin (down 2.0 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, below the 30% margin then. Total costs grew 30% against revenue growth of 27%. The fastest-growing cost line was Other operating costs (+85%). Net earnings were $21.5M, up 21% year over year. The effective tax rate was 25.3%.
Operating cash flow was $65.4M (up 113% year over year), 305% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $41.0M. Capital expenditures of $570K left free cash flow of $64.8M.
Questions
What was Dime Commercial Bancshares' revenue in the first quarter 2025?
Dime Commercial Bancshares (DCOM) reported revenue of $104M for the first quarter 2025 (Q1 2025), +27% from a year earlier and +81% from the quarter before.
Was Dime Commercial Bancshares profitable in the first quarter 2025?
Operating profit was $28.7M (27.6% of revenue) and net earnings $21.5M.