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 ...

For the quarter ended September 2024, Dime Community (DCOM) reported revenue of $87.56 million, up 3.7% over the same period last year. EPS came in at $0.29, compared to $0.56 in the year-ago quarter.The reported revenue represents a surprise of +1.04% over the Zacks Consensus Estimate of $86.65 million. With the consensus EPS estimate being $0.41, the EPS surprise was -29.27%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Company Performance - Dime Community reported quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.41 per share, and down from $0.56 per share a year ago, representing an earnings surprise of -29.27% [1] - The company posted revenues of $87.56 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.04%, and up from $84.41 million year-over-year [1] - Over the last four quarters, Dime Community has surpassed consensus revenue estimates four times [1] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.49 on revenues of $90.9 million, and for the current fiscal year, it is $1.61 on revenues of $344.15 million [4] - The estimate revisions trend for Dime Community is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Industry Context - The Banks - Southeast industry, to which Dime Community belongs, is currently in the bottom 29% of over 250 Zacks industries, suggesting potential challenges for stock performance [5] - National Bankshares, another company in the same industry, is expected to report quarterly earnings of $0.52 per share, with revenues projected to be $11.64 million, reflecting an 8.2% increase from the year-ago quarter [5]

Page 1 Exhibit 99.1 Dime Community Bancshares, Inc. Reports Third Quarter 2024 Results Acceleration in Core Deposit Growth Drives Increase in Quarterly Net Interest Margin to 2.50% Balance Sheet Well Positioned to Benefit From Federal Reserve Rate Cuts Hauppauge, NY, October 22, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank"), today reported net income available to common stockholders of $11.5 million f ...

Acceleration in Core Deposit Growth Drives Increase in Quarterly Net Interest Margin to 2.50% Balance Sheet Well Positioned to Benefit From Federal Reserve Rate Cuts HAUPPAUGE, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank"), today reported net income available to common stockholders of $11.5 million for the quarter ended September 30, 2024, or $0.29 per diluted common share, compared to ...

Dime Community (DCOM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octo ...

HAUPPAUGE, N.Y., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended September 30, 2024 before the open of the U.S. equity markets on Tuesday, October 22, 2024. The Company will conduct a conference call at 9:00 a.m. (ET) on Tuesday, October 22, 2024, during which President and Chief Executive Officer ("CEO"), Stuart Lubow, will discuss the Company's third quarter financial per ...

Core Insights - Dime Community Bancshares, Inc. has appointed Jason ("Jay") Quinn as Senior Relationship Manager to enhance its middle market Commercial & Industrial (C&I) lending operations [1][2] - Quinn brings over 26 years of experience from Citibank, where he held the position of Senior Vice President, Relationship Manager [2] - Dime Community Bancshares, Inc. has over $13.6 billion in assets and holds the top deposit market share among community banks in Greater Long Island [3] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, a New York State-chartered trust company [3] - The bank has the number one deposit market share in Kings, Queens, Nassau, and Suffolk counties among community banks with less than $20 billion in assets [3] Strategic Focus - The company aims to grow its C&I business specifically in Long Island, leveraging Quinn's extensive background in relationship management [2]