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Dime posts 4Q profit

BROOKLYN, N.Y. (AP) _ Dime Community Bancshares Inc. (DCOM) on Thursday reported fourth-quarter earnings of $15.4 million.

The Brooklyn, New York-based company said it had net income of 41 cents per share. Earnings, adjusted for non-recurring gains, came to 34 cents per share.

The bank holding company posted revenue of $68.3 million in the period. Its adjusted revenue was $52.4 million.

For the year, the company reported profit of $51.9 million, or $1.38 per share. Revenue was reported as $174.2 million.

Dime shares have climbed nearly 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.70, an increase of slightly more than 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DCOM at https://www.zacks.com/ap/DCOM