HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank") announced that it has hired a deposit-focused Group that will cover the Manhattan market. The Group will be led by Avi Azuolay. The Group was previously employed with the former Signature Bank and its successor, Flagstar Bank. Stuart H. Lubow, President and Chief Executive Officer of Dime said, "We are excited to announce the addi ...

Core Insights - Dime Community Bancshares, Inc. has announced the hiring of a deposit-focused group to enhance its presence in the Manhattan market, led by Avi Azuolay, who has a successful track record in the area [2][1] - The new team previously worked at Signature Bank and its successor, Flagstar Bank, and is expected to contribute significantly to Dime's growth plans in Manhattan [2][1] Company Overview - Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, which is a New York State-chartered trust company with over $13.5 billion in assets [2] - The company holds the number one deposit market share among community banks in Greater Long Island, specifically in Kings, Queens, Nassau, and Suffolk counties for community banks with less than $20 billion in assets [2][4] Leadership and Strategy - Stuart H. Lubow, President and CEO of Dime, expressed excitement about the new team's addition and emphasized the company's commitment to growing its Manhattan presence over time [1] - Avi Azuolay highlighted the appeal of Dime's client-centric approach and advanced technology, indicating a strong alignment with the new team's goals [1]

ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. Investor Relations Contact: Avinash Reddy Senior Executive Vice President – Chief Financial Officer Phone: 718-782-6200; Ext. 5909 Email: avinash.reddy@dime.com HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on July 24, 2024, to common stockholders of record ...

HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on July 24, 2024, to common stockholders of record as of July 17, 2024. The Company continues its trend of uninterrupted dividends. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York Statechartered trust company with over $13.5 billion in ass ...

HAUPPAUGE, N.Y., May 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank"), announced today that John Murphy has joined the Company as Group Head of a newly created Not-For-Profit vertical. In this role, Murphy will be responsible for building out Dime's Not-For-Profit commercial banking business. Most recently, Murphy was a Senior Managing Director at Webster Bank and Co-Team Lead for its Not-ForProfit B ...

Core Insights - Dime Community Bancshares, Inc. has appointed John Murphy as Group Head of a newly established Not-For-Profit vertical, aiming to enhance its commercial banking services for Not-For-Profit organizations [1][2][3] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $13.5 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [4] Strategic Goals - The addition of the Not-For-Profit vertical aligns with Dime's strategic objective to be the leading community commercial bank in its market, building on a 160-year history of supporting local communities and Not-For-Profit organizations [3] - The company has received an Outstanding CRA rating, reflecting its commitment to community support [3] Leadership Background - John Murphy previously served as a Senior Managing Director at Webster Bank and Co-Team Lead for its Not-For-Profit Banking Team, and has over a decade of experience in the sector [2] - Murphy expressed enthusiasm for Dime's flat organizational structure and single point of contact model, indicating a focus on growth in the Not-For-Profit sector [3]

HAUPPAUGE, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank") announced today that Judy Wu has been appointed Executive Vice President, General Counsel and Corporate Secretary of the Company and the Bank. Wu most recently served in the Regulatory Compliance and Privacy function of Flagstar Bank. Previously, she was Chief Privacy and Regulatory Compliance Officer and Co-General Counsel at Sign ...

HAUPPAUGE, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank") announced today that it has hired industry veteran Kenneth Scheriff. Mr. Scheriff will be part of Dime's commercial lending group. He had a long and successful career at State Bank of Long Island and was most recently at New York Community Bancorp. "I joined Dime as I was attracted to the single point of contact model and relationsh ...

HAUPPAUGE, N.Y., May 06, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank"), announced that it has hired a deposit-focused Group that will cover the Williamsburg market. The Group will be led by John McDonough and Emanuel "Manny" Diconimakis. The Group was previously employed with the former Signature Bank and its successor, Flagstar Bank. Stuart H. Lubow, President and Chief Executive Officer of Dime said, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34096 DIME COMMUNITY BANCSHARES, INC. New York 11-2934195 (State or other jurisdiction of incorporation or organization) ...