DimeCo (OTCMKTS:DIMC) Issues Quarterly Earnings Results

DimeCo (OTCMKTS:DIMC) posted its quarterly earnings data on Thursday. The company reported $2.39 earnings per share for the quarter, Zacks reports. DimeCo had a return on equity of 15.95% and a net margin of 25.09%. The business had revenue of $15.74 million for the quarter.

DimeCo Stock Performance

DIMC stock traded up $2.69 during mid-day trading on Friday, reaching $66.69. The company had a trading volume of 404 shares, compared to its average volume of 502. The company has a market capitalization of $170.73 million, a price-to-earnings ratio of 8.53 and a beta of 0.03. The firm has a fifty day simple moving average of $63.63 and a 200 day simple moving average of $57.73. DimeCo has a fifty-two week low of $40.75 and a fifty-two week high of $66.69.

DimeCo Company Profile

DimeCo, Inc is a bank holding company associated with The Dime Bank, a community banking institution serving customers in northeastern Pennsylvania. Through its banking operations, the company provides deposit accounts, consumer and residential loans, commercial lending, and other traditional financial services.

The Dime Bank serves individuals, families, businesses, and community organizations through its branch network and related banking channels. Its offerings are generally designed to support personal financial needs, home purchases, business operations, savings, and everyday payment activity.

The company focuses on community banking and has a historical presence in Pennsylvania.