Bridge Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 28, 2021 at 04:21 pm
Share
Bridge Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 42.992 million compared to USD 35.648 million a year ago. Net income was USD 8.977 million compared to USD 14.208 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 0.71 a year ago. For the full year, net interest income was USD 160.781 million compared to USD 142.203 million a year ago. Net income was USD 42.042 million compared to USD 51.691 million a year ago. Basic earnings per share from continuing operations was USD 2.11 compared to USD 2.59 a year ago.
Dime Community Bancshares, Inc. is a bank holding company. The Company is engaged in providing commercial banking and financial services through its wholly owned subsidiary, Dime Community Bank (the Bank). It is engaged in providing full-service commercial and consumer banking services, including accepting time, savings and demand deposits from the businesses, consumers, and local municipalities. It also offers the Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS) programs. In addition, it offers merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts as well as investment services through Dime Financial Services LLC. Through its title insurance subsidiary, the Bank acts as a broker for title insurance services. It operates 60 branch locations throughout Long Island and the New York City.
DIME COMMUNITY BANCSHARES, INC. 
