DimeCo (OTCMKTS:DIMC) Announces Earnings Results

DimeCo (OTCMKTS:DIMC) posted its earnings results on Thursday. The company reported $2.01 EPS for the quarter, Zacks reports. The company had revenue of $15.02 million during the quarter. DimeCo had a net margin of 23.92% and a return on equity of 14.92%.

DimeCo Stock Up 2.6%

DimeCo stock opened at $59.00 on Friday. DimeCo has a 1-year low of $36.95 and a 1-year high of $61.49. The business has a fifty day moving average price of $54.89 and a 200-day moving average price of $50.14. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market capitalization of $150.45 million, a price-to-earnings ratio of 8.04 and a beta of 0.03.

DimeCo Company Profile

Dimeco, Inc operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in Pennsylvania. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides consumer, home equity, mortgage, construction, student, business term, business vehicle, business equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services.