Dime Community Bancshares Reports Higher Second-Quarter Profit

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Dime Community Bancshares announced an increase in second-quarter profit. Net income rose to $32.99 million, or $0.75 per share, from $27.88 million, or $0.64 per share, in the same period last year. Excluding items, adjusted earnings were $34.66 million, or $0.79 per share. Revenue climbed 15.3% to $126.45 million from $109.69 million a year earlier.

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