Dime Adds Lender Finance Vertical
Dime Community Bancshares (NASDAQ: DCOM) announced the establishment of a new Lender Finance vertical, appointing Jason Brenner and Zack Schwartz as Co-Heads. Both executives bring significant experience from their previous roles at AXOS Bank and First Citizens Bank, respectively.
This strategic move represents Dime's fifth distinct vertical, alongside Healthcare, Mid-Corporate, Fund Finance, and Not-For-Profit Lending. The new division will focus on supporting private equity and private credit clients, furthering the company's commitment to diversifying its commercial lending businesses.
Dime Community Bancshares (NASDAQ: DCOM) ha annunciato la creazione di una nuova divisione dedicata al Lender Finance, nominando Jason Brenner e Zack Schwartz Co-Responsabili. Entrambi i dirigenti vantano una significativa esperienza maturata rispettivamente presso AXOS Bank e First Citizens Bank.
Questa mossa strategica rappresenta la quinta divisione distinta di Dime, che si affianca a Healthcare, Mid-Corporate, Fund Finance e Not-For-Profit Lending. La nuova divisione si concentrerà sul supporto ai clienti di private equity e private credit, rafforzando l’impegno dell’azienda nella diversificazione delle sue attività di prestito commerciale.
Dime Community Bancshares (NASDAQ: DCOM) anunció la creación de una nueva división de Lender Finance, nombrando a Jason Brenner y Zack Schwartz como Co-Jefes. Ambos ejecutivos aportan una amplia experiencia de sus anteriores cargos en AXOS Bank y First Citizens Bank, respectivamente.
Este movimiento estratégico representa la quinta división distinta de Dime, junto con Healthcare, Mid-Corporate, Fund Finance y Not-For-Profit Lending. La nueva división se enfocará en apoyar a clientes de private equity y private credit, reforzando el compromiso de la compañía por diversificar sus negocios de préstamos comerciales.
Dime Community Bancshares (NASDAQ: DCOM)는 새로운 Lender Finance 부서를 신설하고 Jason Brenner와 Zack Schwartz를 공동 책임자로 임명했다고 발표했습니다. 두 임원은 각각 AXOS Bank와 First Citizens Bank에서 쌓은 풍부한 경험을 보유하고 있습니다.
이번 전략적 조치는 Dime의 다섯 번째 독립 부서로, Healthcare, Mid-Corporate, Fund Finance, Not-For-Profit Lending과 함께 운영됩니다. 새 부서는 사모펀드 및 사모 신용 고객 지원에 집중하여 회사의 상업 대출 사업 다변화 노력을 강화할 것입니다.
Dime Community Bancshares (NASDAQ: DCOM) a annoncé la création d'une nouvelle division Lender Finance, en nommant Jason Brenner et Zack Schwartz co-responsables. Les deux dirigeants apportent une expérience significative acquise respectivement chez AXOS Bank et First Citizens Bank.
Cette initiative stratégique représente le cinquième secteur distinct de Dime, aux côtés de Healthcare, Mid-Corporate, Fund Finance et Not-For-Profit Lending. La nouvelle division se concentrera sur le soutien aux clients de private equity et de private credit, renforçant ainsi l'engagement de l'entreprise à diversifier ses activités de prêts commerciaux.
Dime Community Bancshares (NASDAQ: DCOM) hat die Einrichtung einer neuen Lender Finance-Sparte bekannt gegeben und Jason Brenner sowie Zack Schwartz zu Co-Leitern ernannt. Beide Führungskräfte bringen umfangreiche Erfahrungen aus ihren früheren Positionen bei AXOS Bank bzw. First Citizens Bank mit.
Dieser strategische Schritt stellt die fünfte eigenständige Sparte von Dime dar, neben Healthcare, Mid-Corporate, Fund Finance und Not-For-Profit Lending. Die neue Abteilung wird sich auf die Unterstützung von Private-Equity- und Private-Credit-Kunden konzentrieren und damit das Engagement des Unternehmens zur Diversifizierung seiner gewerblichen Kreditgeschäfte weiter vorantreiben.
- Strategic expansion into Lender Finance vertical strengthens commercial lending portfolio
- Addition of experienced leadership with proven track record in the sector
- Diversification of revenue streams through five distinct lending verticals
- None.
Another Significant Step In Building Out Commercial Lending Businesses
HAUPPAUGE, N.Y., July 14, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced today that Jason Brenner and Zack Schwartz were named Co-Heads of a newly established Lender Finance vertical.
Brenner was most recently Managing Director and Head of Originations for Non-Real Estate Lender Finance at AXOS Bank. Schwartz was most recently Director and Underwriting Team Lead at First Citizens Bank. Both will be based in Manhattan and report to Shawn Gines, Executive Vice President, Corporate and Specialty Finance.
Stuart H. Lubow, President and Chief Executive Officer of Dime, said, "We are excited to announce the hiring of Jason and Zack. They will each play an integral role in the continued diversification of Dime’s commercial lending businesses. Adding their expertise allows us to deepen our focus on lender finance, with a dedicated vertical to support our private equity and private credit clients.”
Tom Geisel, Dime’s Senior Executive Vice President of Commercial Lending, said, “We continue to diversify our client offerings and with the addition of Lender Finance, we now have five distinct verticals (Healthcare, Lender Finance, Mid-Corporate, Fund Finance and Not-For-Profit Lending) that will contribute to our future growth. Jason and Zack's background and experience will continue to accelerate our platform buildout.”
ABOUT DIME COMMUNITY BANCSHARES, INC.
Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over
Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – 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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