HAUPPAUGE, N.Y., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that Dime has awarded a grant to Accompany Capital in support of their mission to help underserved entrepreneurs succeed by empowering them to create jobs, stimulate economic growth, and boost New York City communities. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime ...

HAUPPAUGE, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced it has received approvals from the Federal Reserve Bank of New York and the New York State Department of Financial Services to open a branch location in Locust Valley. The new branch, which will be located at 85 Forest Avenue, will be staffed by Liz Materia. Ms. Materia was previously a branch manager with The First Nat ...

HAUPPAUGE, N.Y., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that Dime has awarded a grant to Transitional Services for Long Island (“TSLI”). TSLI provides housing and support services to adults, families, and homeless individuals in Suffolk County. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York Sta ...

Other writing on Substack: https://yieldstrategies.substack.com/I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publication on Monday and Tuesday.About My Background: Bachelors in history/political science, Masters in Business Administration with a specialization in Finance and Economic ...

Core Insights - Dime Community Bancshares, Inc. (NASDAQ:DCOM) operates primarily in the New York metropolitan area, providing a range of personal and business banking services, and competes with regional banks such as Flushing Financial Corporation and Brookline Bancorp [1] - DCOM's Return on Invested Capital (ROIC) is 2.15%, while its Weighted Average Cost of Capital (WACC) is 15.71%, resulting in a ROIC to WACC ratio of 0.137, indicating inefficiency in capital use [2][5] - Comparative analysis shows that CVB Financial Corp. (CVBF) and City Holding Company (CHCO) have more favorable ROIC to WACC ratios, suggesting they are more efficient in generating returns than DCOM [4][5] Financial Efficiency Comparison - Flushing Financial Corporation (FFIC) has a negative ROIC of -12.80% and a WACC of 16.70%, leading to a ROIC to WACC ratio of -0.767, indicating greater inefficiency than DCOM [3] - Brookline Bancorp (BRKL) and OceanFirst Financial Corp. (OCFC) also show negative ROIC to WACC ratios of -0.082 and 0.012, respectively, further highlighting inefficiencies in these institutions [3] - In contrast, CVB Financial Corp. (CVBF) has a ROIC of 5.15% and a WACC of 9.05%, resulting in a ratio of 0.570, while CHCO has a ROIC of 18.41% and a WACC of 7.79%, achieving a ratio of 2.361, indicating superior efficiency [4]

HAUPPAUGE, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that Dime has awarded a grant to Long Island Cares in support of services to help the food insecure in Nassau and Suffolk counties. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in asset ...

Core Insights - Dime Community Bancshares, Inc. is expanding its commercial banking operations in New Jersey, appointing Dan Fosina as Senior Vice President, Group Leader to lead this initiative [1][2] - The company has identified New Jersey as a key market for growth, with plans to open a new branch in Lakewood [2] - Fosina brings extensive experience in commercial banking, having previously served as Market President at Valley Bank and holding various roles at KeyCorp [3] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [4][5]

Core Points - Dime Community Bancshares, Inc. plans to open a new full-service branch in Locust Valley in 2026, pending regulatory approvals [1][2] - The new branch will be located at 85 Forest Avenue and will be managed by Liz Materia, who has prior experience as a branch manager [2] - The company aims to leverage local ties and capitalize on market disruptions to gain market share on Long Island's North Shore [3] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [4][5]

Core Points - Dime Community Bancshares, Inc. is continuing its partnership with Community Development of Long Island to support affordable housing and financial health for families in Long Island [1] - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [2][3] Company Overview - Dime Community Bancshares, Inc. operates as a trust company chartered in New York State [2] - The company has a significant presence in the community banking sector, particularly in Kings, Queens, Nassau, and Suffolk counties, with a focus on community development [2][3]

Financial Performance - Net income available to common stockholders for Q3 2025 was $25.85 million, compared to $11.51 million in Q3 2024, representing a 125% increase[38] - Basic EPS for Q3 2025 was $0.59, up from $0.29 in Q3 2024, indicating a 103% growth[38] - Total weighted-average common shares outstanding increased to 43,052,898 in Q3 2025 from 38,366,619 in Q3 2024, reflecting a 12% rise[38] Comprehensive Income - The company reported a net other comprehensive income of $11.42 million for the nine months ended September 30, 2025, compared to $18.61 million for the same period in 2024[36] - The accumulated other comprehensive income (loss) balance as of September 30, 2025, was $(33.60) million, an improvement from $(72.97) million as of September 30, 2024[34] - The company recorded a loss of $16.609 million in other comprehensive income for the nine months ended September 30, 2025, compared to a loss of $15.483 million in the same period of 2024[88] Securities and Investments - As of September 30, 2025, total securities available-for-sale amounted to $688.4 million, with a fair value of $662.7 million, reflecting unrealized losses of $29.3 million[43] - The carrying value of pledged securities decreased from $622.7 million on December 31, 2024, to $562.6 million on September 30, 2025[44] - The total fair value of securities held-to-maturity was $623,094 thousand at September 30, 2025, with $560,453 thousand classified under Level 2 inputs[110] Loans and Credit Quality - Total loans held for investment, net decreased from $10,783,192,000 as of December 31, 2024, to $10,631,613,000 as of September 30, 2025, representing a decline of approximately 1.4%[52] - The allowance for credit losses increased from $88,751,000 at the end of 2024 to $94,061,000 by September 30, 2025, indicating a rise of about 6.5%[52] - Non-accrual loans totaled $72,054,000 as of September 30, 2025, with $51,033,000 having no allowance and $21,021,000 with an allowance[54] Loan Modifications and Charge-offs - The charge-offs for the nine months ended September 30, 2025, amounted to $25,776,000, compared to $4,494,000 for the same period in 2024, indicating a substantial increase in charge-offs[54] - Total loan modifications for the nine months ended September 30, 2025, reached $134,137 thousand, with a weighted average interest rate reduction of 1.27%[61] - For the three months ended September 30, 2025, loan modifications for business loans included $1,050 thousand in interest rate reductions and $2,833 thousand in payment delays, representing 0.1% of total financing receivables[60] Derivative Instruments and Hedging - The notional amount of cash flow hedges for interest rate products is $150,000 thousand, with a fair value of $3,918 thousand as of September 30, 2025[74] - The company reported a gain of $416 thousand on derivatives designated as hedging instruments for the three months ended September 30, 2025[76] - The company has not conducted any transactions involving derivative instruments for hedging interest rate or market risk during the nine months ended September 30, 2025[254] Borrowings and Debt - The Bank's borrowings from the FHLBNY totaled $508.0 million at September 30, 2025, down from $608.0 million at December 31, 2024, with a remaining borrowing capacity of $1.78 billion[116] - Subordinated debentures totaled $272.5 million as of September 30, 2025, with interest expense of $12.9 million for the nine months ended September 30, 2025[125] - The Company issued $65.0 million of fixed-to-floating rate subordinated notes due 2034 with a fixed annual interest rate of 9.00%[121] Employee Compensation and Benefits - The Company recognized a total benefit cost of $7.017 million for the BNB Bank Pension Plan and Employee Retirement Plan for the nine months ended September 30, 2025[130] - Compensation expense for restricted stock awards was $4.099 million for the nine months ended September 30, 2025, with $8.2 million of unrecognized compensation cost related to unvested RSAs[135] - The compensation expense recognized for PSAs during the three months ended September 30, 2025, was $628,000, compared to $414,000 for the same period in 2024, reflecting a 51.8% increase[137] Taxation - The Company's consolidated effective tax rate for the three months ended September 30, 2025, was 31.0%, up from 26.9% in the same period of 2024[139] Economic Value of Equity - The Economic Value of Equity (EVE) increased from $1.76 billion at December 31, 2024, to $1.82 billion at September 30, 2025, primarily due to an increase in the value of the loan and investment portfolios[261] - In the +200 Basis Point Rate Shock Scenario, the EVE increased by 12.0% to $2.04 billion as of September 30, 2025, compared to $1.86 billion at December 31, 2024[260]