Wall Street analysts forecast that Dime Community (DCOM) will report quarterly earnings of $0.43 per share in its upcoming release, pointing to a year-over-year increase of 10.3%. It is anticipated that revenues will amount to $96.71 million, exhibiting an increase of 16.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timefram ...

HAUPPAUGE, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank") today announced that it will return as the lead sponsor for the 6th consecutive year. The Dime McCarren 5K supports St Nick's Alliance, which supports and manages affordable housing and educational programs for under privileged youth in Brooklyn. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding c ...

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 ...

Core Viewpoint - Dime Community Bancshares, Inc. has announced a public offering of 3,906,250 shares of its common stock at a price of $32.00 per share, aiming for gross proceeds of $125 million [1][2]. Group 1: Offering Details - The company has granted underwriters a 30-day option to purchase an additional 585,937 shares at the public offering price [2]. - The offering is expected to close on or about November 13, 2024, subject to customary conditions [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including working capital, investments in its bank subsidiary, and potential balance sheet optimization strategies [3]. Group 3: Company Background - Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, which has over $13.7 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [8].

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 ...