# Dime Commercial Q3 2.026 Earnings

> Dime Commercial reports record revenue and targets 3.60% net interest margin by 2027.
- Title: Dime Commercial Q3 2.026 Earnings · The Motley Fool | Shortify
- Summary: Dime Commercial reports record revenue and targets 3.60% net interest margin by 2027. Dime Commercial achieved $135 million quarterly revenue and aims for…
- Keywords: dime commercial, q3 2026, earnings call, net interest margin, business loans, loan pipeline, empire state bank, affordable housing, finance, money, Dime, Commercial
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/20/dime-commercial-dcom-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-20T17:23:21+00:00
- Read time: 1 min
- Topics: dime commercial, q3 2026, earnings call, net interest margin, business loans, loan pipeline, empire state bank, affordable housing, finance, money
## Record Revenue
Total revenue reached $135 million, a record quarterly performance for Dime Commercial.
## Net Interest Margin Expansion
Net interest margin expanded to 3.35% for the third quarter, representing 10 consecutive quarters of growth.
## Business Loan Growth
Business loans grew 30% year over year to $3,991,773,000 as the company diversifies away from multifamily lending.
## Loan Pipeline Strength
Loan pipeline stands at $1.4 billion with a weighted average rate of 6.5%.
## CRE Concentration Ratio
CRE concentration ratio reduced to 338%, managed below the target threshold of 350%.
## Deposit Growth
Total deposits grew $1.08 billion year over year to $13.14 billion with 32.1% non-interest-bearing deposits.
## Cash Position
Cash position stands at $2.2 billion, described as a competitive advantage for organic growth opportunities.
## Empire State Bank Acquisition
Acquired Empire State Bank for $30 million cash component to establish presence in Staten Island.
## Multifamily Portfolio Runoff
Anticipated $500 million portfolio decline as the company rotates into higher-yielding business loans.
## Non-Performing Assets
Non-performing assets increased to $99.5 million from $69.0 million in previous quarter.
## Share Repurchases
Repurchased 298,003 shares at weighted average price of $40.64 per share.
## Q4 Expense Guidance
Guided for $66 million core cash operating expenses in fourth quarter.
## Future NIM Target
Targeted net interest margin over 3.60% by end of 2027, up from previous guidance of 3.50%.
## Return on Assets
Return on assets improved to 1.10% from 0.94% in previous quarter.
## Efficiency Ratio
Adjusted efficiency ratio improved to 47.8% from 53.1% in prior year period.
## Affordable Housing Launch
Launched dedicated affordable housing group led by Michael Camoia to diversify lending verticals.
## Key takeaway

Dime Commercial achieved $135 million quarterly revenue and aims for over 3.60% net interest margin by end of 2027.