HAUPPAUGE, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended December 31, 2024 before the open of the U.S. equity markets on Thursday, January 23, 2025. The Company will conduct a conference call at 8:30 a.m. (ET) on Thursday, January 23, 2025, during which President and Chief Executive Officer (“CEO”), Stuart Lubow, will discuss the Company’s fourth quarter financial p ...

HAUPPAUGE, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company”), the parent company of Dime Community Bank (the “Bank” or “Dime”) announced today that Dime recently received an overall “Outstanding” Community Reinvestment Act (“CRA”) rating from the Federal Reserve Bank of New York (“FRBNY”). The CRA encourages banks to help meet the credit needs of the communities in which they operate, including Low-to-Moderate Income (“LMI”) neighborhoods. Dime received a ...

Company Overview - Dime Community Bancshares Inc is the parent company of Dime Community Bank a New York State-chartered trust company with over $13 7 billion in assets [6] - The company holds the number one deposit market share among community banks on Greater Long Island [6] - Aggregate deposit market share for Kings Queens Nassau & Suffolk counties for community banks with less than $20 billion in assets is noted [5] Leadership and Governance - Michael P Devine a long-serving director and former executive has announced his retirement from the Board of Directors after a 40-plus year association with Dime [3] - Devine began his career with Dime Savings Bank in 1971 and served in various capacities including President and Chief Operating Officer and later as Director and Vice Chairman [1] - Devine played a key role in the company's transition from a mutual to a stock-owned bank in 1996 and its evolution into a full-service commercial bank [7] Strategic Positioning and Future Outlook - Under Devine's leadership the company systematically improved its operations resulting in top-notch service for both business clients and retail customers [4] - The company is well-positioned for future growth with a strong board management and employee base [4] - Devine's retirement marks the end of an era but the company remains confident in its leadership and strategic direction [4][7]

HAUPPAUGE, N.Y., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today announced the completion of a repositioning of its available-for-sale investment securities portfolio. During the fourth quarter: The Company executed the sale of $379 million of lower-yielding available-for-sale debt securities. The securities sold had a weighted average yield of 1.20% and a weighted average duration of 3. ...

Dime Community Bancshares (NASDAQ: DCOM ) is a regional bank located in New York. The bank has battled interest rate volatility over the last five years along with attracting and retaining deposits. Back in August, I wrote about About My Writing: 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 w ...

HAUPPAUGE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime” or the “Company”), the parent company of Dime Community Bank, announced the closing of its public offering of 4,492,187 shares of its common stock, $0.01 par value (the “Common Stock”), at a public offering price of $32.00 per share, which included 585,937 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock. The total gross proceeds f ...

HAUPPAUGE, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime” or the “Company”), the parent company of Dime Community Bank, announced the pricing of a public offering of 3,906,250 shares of its common stock, $0.01 par value (the “Common Stock”), at a public offering price of $32.00 per share, for aggregate gross proceeds of $125 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 585,937 shares of Common S ...

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 September 30, 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. (Exact name of registrant as specified in its charter) N/A (Former name or form ...

HAUPPAUGE, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP and DCOMG) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on November 15, 2024 to holders of record as of November 8, 2024. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New Yo ...

Dime Community Bancshares Inc (NASDAQ:DCOM) Q3 2023 Results Conference Call October 22, 2024 9:00 AM ET Company Participants Stuart Lubow - President and CEO Avi Reddy - CFO Conference Call Participants Steve Moss - Raymond James Manuel Navas - D.A. Davidson Mark Fitzgibbon - Piper Sandler Matthew Breese - Stephens Inc Christopher O'Connell - Keefe, Bruette and Woods Operator Good day, and thank you for standing by. Welcome to the Dime Community Bancshares, Inc.’s Third Quarter Earnings Conference Call. B ...