CORRECTION -- Dime Community Bank to Rebrand as Dime Commercial Bank
Dime Community Bancshares (NYSE:DCOM) announced a corporate rebrand and planned listing transfer.
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Rhea-AI Summary
Dime Community Bancshares (NYSE:DCOM) announced a corporate rebrand and planned listing transfer. Subject to shareholder approval, the parent company will change its name to Dime Commercial Bancshares, Inc. and the bank will become Dime Commercial Bank.
The company expects to transfer the listing of its securities to the New York Stock Exchange on or around April 7, 2026. The name changes are expected to take effect soon after the Annual Shareholder Meeting on May 28, 2026, pending the shareholder vote.
Positive
- Listing transfer to NYSE on or around April 7, 2026
- Planned company name change to Dime Commercial Bancshares after May 28, 2026
Negative
- Name change is subject to shareholder approval at May 28, 2026 meeting
- Timing split: NYSE transfer scheduled before shareholder vote
Details
News Market Reaction – DCOM
On Feb 24, the first trading day after this news, DCOM closed 0.46% below the previous close.
Data tracked by StockTitan Argus for the Feb 24 session.
Key Figures
- Annual Meeting date
- May 28, 2026
- Shareholder vote on name change to Dime Commercial Bancshares, Inc.
- NYSE transfer date
- On or around April 7, 2026
- Planned transfer of listing of securities to NYSE
Historical Context
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Grant to LIEOC supporting academic and vocational training on Long Island.
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Plan to redeem $40M subordinated debt and reauthorize share repurchases.
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Declaration of $0.34375 quarterly dividend on 5.50% Series A preferred.
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Record Q4 2025 revenue and higher EPS with improving credit metrics.
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Announcement of Q4 2025 earnings release date and conference call details.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Company to Transfer Listing of Its Securities to New York Stock Exchange
HAUPPAUGE, N.Y., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that, subject to shareholder approval, it will change its name to “Dime Commercial Bancshares, Inc.”. The Bank’s name will change to “Dime Commercial Bank”. These changes will be effective soon after the Annual Shareholder Meeting (May 28, 2026), where there will be a vote to approve the Company’s name change.
The Company is also transferring the listing of its securities to the New York Stock Exchange (“NYSE”) on or around April 7, 2026.
As part of its rebrand, the Company put out an investor presentation which can be found here.
ABOUT DIME COMMUNITY BANCSHARES, INC.
Dime is a New York State-chartered trust company with approximately
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 community banks with less than
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
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