Dime Bancorp struggled with margin pressure in the second quarter. But the thrift, New York's largest, still managed to report $18.1 million in earnings on the basis of strong mortgage originations and merger-related cost savings.
"It was a good, solid quarter," said Smith Barney analyst Thomas O'Donnell. "And the story with Dime is: As long as there are no surprises, that's positive. So far, earnings are on track."