Dime Announces Significant Hires to Advance Growth Plan
Dime (NASDAQ:DCOM) announced multiple senior hires to support its growth in the Metro New York market on April 15, 2026.
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Rhea-AI Summary
Dime (NASDAQ:DCOM) announced multiple senior hires to support its growth in the Metro New York market on April 15, 2026. Key additions include Meyer Eichler as Executive Vice President and Managing Executive Director and Keith Smith to lead a new Equipment and Franchise Finance vertical.
In total, about 22 bankers are expected to join, with regional and private-banking leaders added in Brooklyn, Bronx, Queens, Manhattan and Lakewood, NJ. Additional details will be provided on the Q1 earnings call on April 23, 2026.
Details
News Market Reaction – DCOM
On Apr 15, the day this news came out, DCOM closed 0.17% below the previous close.
Data tracked by StockTitan Argus for the Apr 15 session.
Key Figures
- New bankers
- approximately 22 bankers
- Total hires mentioned in this announcement
- Earnings call date
- April 23, 2026
- Planned first quarter earnings call
- Signature tenure
- approximately 13 years
- Meyer Eichler’s prior tenure at predecessor bank Signature
- Signature tenure
- approximately 14 years
- John Paglia and John Spagnuolo’s tenure at predecessor bank Signature
Historical Context
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Move of Dime securities listing to the New York Stock Exchange.
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Quarterly cash dividend of $0.25 per share with uninterrupted dividend trend.
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New sponsorship of LPGA golfer Lexi Thompson to bolster brand and community efforts.
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Hiring Michael Ragusa to support Lakewood, NJ expansion and private/commercial banking.
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Elevation of Charlie Terrasi to lead Investor CRE and multifamily growth efforts.
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.
HAUPPAUGE, N.Y., April 15, 2026 (GLOBE NEWSWIRE) -- Building upon its reputation as the "bank-of-choice" for talented commercial bankers and the primary beneficiary of disruption in the Metro New York Market, Dime announced the following hires:
- Meyer Eichler, previously Executive Vice President and Head of Community Markets at Flagstar, has joined as Executive Vice President, Managing Executive Director, and he will lead a team of bankers. Prior to Flagstar, Mr. Eichler was with predecessor bank Signature (for approximately 13 years) and he was also a founder and Vice Chairman of Liberty Pointe Bank.
- John Paglia and John Spagnuolo, previously Group Directors at Flagstar, have joined as Group Directors and will co-lead a team of bankers. Prior to Flagstar, Mr. Paglia and Mr. Spagnuolo were with predecessor bank Signature (for approximately 14 years).
- Toni Valente, previously with The First National Bank of Long Island, has joined as Regional Manager and will have responsibility for branches in Brooklyn, Bronx, Queens and Manhattan.
- Michael Ragusa, previously with Metropolitan Commercial Bank, has joined as Senior Relationship Manager for the Lakewood, NJ market.
- Olivia Dossman, previously branch manager with Flagstar in the Lakewood market, has joined as private banking manager for the new Lakewood location.
- Keith Smith, previously President of Star Hill Financial, will join as Senior Vice President, Head of Equipment and Franchise Finance and lead Dime's newly created Equipment and Franchise Finance vertical.
In aggregate, approximately 22 bankers will join Dime as a result of the above hiring. Additional details will be provided on the first quarter earnings call, which is expected to take place on April 23, 2026.
ABOUT DIME
Dime is a New York State-charted 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 commercial 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.
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