Dime Announces Elevation of Jeffrey Barber to Head of Middle Market C&I Lending, Long Island
Rhea-AI Summary
Dime (NYSE:DCOM) promoted Jeffrey Barber to Head of Middle Market Commercial & Industrial Lending, Long Island, effective March 2, 2026. He will lead middle market C&I strategy, oversee relationship management and loan growth for privately held middle market businesses, and manage key real estate relationships.
Mr. Barber joined Dime in 2019 and previously served as CFO at Spartan Petroleum Corp; earlier roles include chief loan and credit officer at Gold Coast Bank and a 19-year career at State Bank of Long Island. Management highlighted his seven years of contributions and local-market expertise.
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News Market Reaction – DCOM
In the Mar 2 session, DCOM gained 1.76%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 23 | Rebrand and listing | Neutral | -0.5% | Announced rebrand and planned transfer of securities listing to NYSE. |
| Feb 23 | Rebrand announcement | Neutral | -0.5% | Detailed name changes for bank and holding company, pending shareholder vote. |
| Feb 17 | Community grant | Positive | +1.0% | Grant to LIEOC to support academic and vocational training initiatives. |
| Jan 26 | Debt redemption, buyback | Positive | +0.8% | Plan to redeem $40M subordinated debt and reauthorize share repurchases. |
| Jan 22 | Preferred dividend | Neutral | -3.1% | Declared $0.34375 quarterly dividend on 5.50% Series A preferred shares. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Price reactions have generally aligned with news tone, with modest gains on capital actions and community initiatives and limited moves around branding or routine dividend announcements.
Over the past few months, DCOM emphasized branding, capital management, and shareholder returns. It announced a corporate rebrand and planned transfer of its listing to the NYSE around April 7, 2026, plus name changes pending a May 28, 2026 vote. Earlier, Dime awarded a community grant, planned to redeem $40,000,000 of subordinated debt while reauthorizing repurchases of up to 1,566,947 shares, and declared a $0.34375 Series A preferred dividend. Today’s leadership elevation in middle market C&I lending fits this broader strategic repositioning and growth focus.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAUPPAUGE, N.Y., March 02, 2026 (GLOBE NEWSWIRE) -- Dime announced today the elevation of Jeffrey Barber to Head of Middle Market Commercial & Industrial Lending, Long Island. This reflects Dime's continued commitment to expanding and strengthening its middle market platform. Mr. Barber will lead Dime's middle market C&I strategy for Dime's Long Island markets. In addition to overseeing relationship management and loan growth initiatives for privately held middle market businesses, he will manage key real estate relationships.
Stuart H. Lubow, CEO and President, stated, "Jeff is an outstanding commercial banker and he has been a key part of Dime's growth and successes over the past 7 years. His knowledge of our local markets, commercial banking expertise, and dedication to client service makes him well suited to lead this platform as we continue to scale."
Prior to joining Dime in 2019, Mr. Barber was Chief Financial Officer at Spartan Petroleum Corp. Prior to that, he was Chief Loan Officer and Chief Credit Officer at Gold Coast Bank. Mr. Barber began his career at State Bank of Long Island, where he had a distinguished 19-year career with increasing responsibilities.
ABOUT DIME
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 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.
