DimeCo (OTCMKTS:DIMC) Issues Quarterly Earnings Results

DimeCo (OTCMKTS:DIMC) posted its quarterly earnings data on Thursday. The company reported $1.89 earnings per share for the quarter, Zacks reports. DimeCo had a net margin of 22.19% and a return on equity of 13.21%.

DimeCo Price Performance

OTCMKTS DIMC traded up $0.78 during trading hours on Thursday, reaching $50.27. 657 shares of the company’s stock were exchanged, compared to its average volume of 1,515. The firm has a fifty day moving average of $47.32 and a 200-day moving average of $44.71. DimeCo has a one year low of $36.10 and a one year high of $50.27. The stock has a market cap of $127.99 million, a PE ratio of 7.70 and a beta of -0.05. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.20.

About DimeCo

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.