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Dime Announces Continued Support of the Committee for Hispanic Children and Families

Dime (NASDAQ:DCBG) announced it will continue supporting the Committee for Hispanic Children and Families (CHCF).

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Dime (NASDAQ:DCBG) announced it will continue supporting the Committee for Hispanic Children and Families (CHCF). CHCF offers programs for underserved children, families, and home-based childcare providers across New York City, focusing on education, capacity building, and advocacy to strengthen the learning support system.

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Argus May 14 session
-0.49% close to close Open Argus
Details

News Market Reaction – DCBG

In the May 14 session, DCBG declined 0.49%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Dime’s continued backing of the Committee for Hispanic Children and Fam...
Analysis

This announcement highlights Dime’s continued backing of the Committee for Hispanic Children and Families, extending a series of recent community-oriented initiatives following support for TSINY and the Dime McCarren 5K. In parallel, the bank reported Q1 2026 net income of $32.8 million and diluted EPS of $0.75, with net interest margin at 3.21% and cash liquidity of $2.1 billion. Investors may watch how sustained community engagement complements earnings trends and capital strength over time.

Key Figures

Equipment platform assets: $2 billion Preferred dividend: $0.34375 per share Dividend pay date: May 15, 2026 +5 more
Equipment platform assets
$2 billion
Prior platform built by leader of Equipment & Franchise Finance Group
Preferred dividend
$0.34375 per share
Quarterly cash dividend on 5.50% Series A preferred
Dividend pay date
May 15, 2026
Payable date for Series A preferred dividend
Net income
$32.8 million
Net income available to common stockholders, Q1 2026
Diluted EPS
$0.75
Q1 2026 diluted EPS, up 10% QoQ and 67% YoY
Net interest margin
3.21%
Q1 2026 net interest margin
Tier 1 Common Equity Ratio
11.87%
Capital ratio reported for Q1 2026
Cash liquidity
$2.1 billion
Reported cash liquidity balance, Q1 2026

Historical Context

5 past events · Latest: May 04
5 events
  1. May 04

    Business expansion

    24h Move
    +0.2%

    Launch of Equipment & Franchise Finance Group targeting middle market and franchises.

  2. Apr 28

    Community sponsorship

    24h Move
    +0.0%

    Continued lead sponsorship of Dime McCarren 5K supporting local community programs.

  3. Apr 23

    Preferred dividend

    24h Move
    +0.8%

    Declaration of quarterly cash dividend on 5.50% Series A preferred shares.

  4. Apr 23

    Earnings growth

    24h Move
    -0.3%

    Report of higher EPS, stronger deposits, higher NIM, and solid capital ratios.

  5. Apr 22

    Community support

    24h Move
    +0.8%

    Support for TSINY’s Supported Housing Programs in Queens mental health services.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net interest margin, tier 1 common equity ratio, diluted eps, non-cumulative perpetual preferred stock
4 terms
net interest margin financial
"net interest margin rose to 3.21%"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
tier 1 common equity ratio financial
"Tier 1 Common Equity Ratio improved to 11.87%"
A tier 1 common equity ratio measures a bank’s core financial cushion by comparing its highest-quality capital—mainly common shares and retained earnings—to the size and riskiness of its assets. Think of it as the firm’s shock absorber: the larger the ratio, the more losses the bank can absorb without needing outside help. Investors use it to gauge safety, dividend capacity, and the bank’s ability to lend and grow.
diluted eps financial
"or $0.75 diluted EPS, up 10% sequentially"
Diluted earnings per share (EPS) shows how much profit a company makes for each share of stock, assuming all possible shares from stock options or convertible securities are used. It provides a more conservative estimate than basic EPS, accounting for potential share increases that could dilute ownership. Investors use diluted EPS to get a clearer picture of a company's true profitability on a per-share basis.
non-cumulative perpetual preferred stock financial
"5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A."
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HAUPPAUGE, N.Y., May 14, 2026 (GLOBE NEWSWIRE) -- Dime announced today it will continue its support of the Committee for Hispanic Children and Families (“CHCF”). The organization provides programs that reach underserved children and families throughout New York City, and the home-based childcare providers who serve them. CHCF strengthens the support system and continuum of learning for children through education, capacity building, and advocacy.

ABOUT DIME

Dime is a New York State-charted trust company with approximately $15 billion in assets and the number one deposit market share on Greater Long Island (1).

Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Operating Officer and Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com

 ¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for commercial banks with less than $20 billion in assets.

FORWARD-LOOKING STATEMENTS
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Dime (NASDAQ:DCBG) announce about the Committee for Hispanic Children and Families in May 2026?

Dime announced it will continue supporting the Committee for Hispanic Children and Families (CHCF). According to Dime, CHCF serves underserved children, families, and home-based childcare providers in New York City through education, capacity building, and advocacy programs that strengthen the learning support system.

Who does the Committee for Hispanic Children and Families (CHCF) supported by Dime serve in New York City?

CHCF serves underserved children, families, and home-based childcare providers in New York City. According to Dime, the organization delivers programs focused on education, capacity building, and advocacy to improve the continuum of learning and strengthen support systems for these communities.

How does Dime describe the mission of CHCF that it continues to support?

Dime describes CHCF’s mission as strengthening the support system and continuum of learning for children. According to Dime, CHCF achieves this through education initiatives, capacity-building programs, and advocacy efforts that reach underserved children, families, and home-based childcare providers in New York City.

What types of programs does CHCF offer with continued support from Dime (DCBG)?

CHCF offers programs that reach underserved children, families, and home-based childcare providers across New York City. According to Dime, these programs emphasize education, capacity building, and advocacy designed to improve the learning environment and broader support network for participating communities.

Why is Dime’s continued support of CHCF in New York City significant for local communities?

Dime’s continued support helps sustain CHCF programs for underserved children, families, and childcare providers. According to Dime, CHCF focuses on education, capacity building, and advocacy that reinforce the support system and continuum of learning for children across New York City neighborhoods.

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