Dime Awards Grant to Accompany Capital

Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Accompany Capital to support its mission of helping underserved entrepreneurs in New York City.

Rhea-AI Summary

Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Accompany Capital to support its mission of helping underserved entrepreneurs in New York City. The grant is intended to empower entrepreneurs to create jobs, stimulate economic growth, and strengthen NYC communities.

Argus Dec 16 session

+0.19% close to close Open Argus

Details

News Market Reaction – DCOM

In the Dec 16 session, DCOM gained 0.19%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Dime’s ongoing community investment strategy, adding another grant to r...

Analysis

This announcement highlights Dime’s ongoing community investment strategy, adding another grant to recent support for regional organizations in New York. Paired with growth initiatives such as new branch plans and leadership hires, it reinforces a narrative of local engagement alongside expansion. Investors following DCOM may track how these community-focused actions complement fundamentals reported in the Q3 2025 10-Q, as well as subsequent regulatory filings and future updates on branch openings.

Historical Context

5 past events · Latest: Dec 09

5 events

1. Dec 09

   Branch approvals

   24h Move

   +3.4%

   Regulatory approvals to open a new Locust Valley branch.

2. Dec 02

   Community grant

   24h Move

   +0.8%

   Grant supporting Transitional Services for Long Island housing programs.

3. Nov 21

   Community grant

   24h Move

   +4.5%

   Grant to Long Island Cares for food insecurity initiatives.

4. Nov 21

   Leadership hire

   24h Move

   +4.5%

   Hiring leader to drive New Jersey middle-market expansion.

5. Nov 19

   Branch expansion

   24h Move

   -0.1%

   Announcement of plans to open a Locust Valley branch in 2026.

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.

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HAUPPAUGE, N.Y., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that Dime has awarded a grant to Accompany Capital in support of their mission to help underserved entrepreneurs succeed by empowering them to create jobs, stimulate economic growth, and boost New York City communities.

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 $14 billion in assets and the number one deposit market share among community banks on Greater Long Island ⁽¹⁾.

Dime Community Bancshares, Inc.
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 $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

What did Dime Community Bancshares (DCOM) announce on December 16, 2025?

Dime announced it awarded a grant to Accompany Capital to support underserved entrepreneurs in New York City.

How does the DCOM grant to Accompany Capital aim to help New York City communities?

The grant is intended to help entrepreneurs create jobs, stimulate economic growth, and boost NYC communities.

Is the DCOM grant intended for national programs or focused on New York City?

The announcement states the grant specifically supports efforts in New York City.

Which organization received funding from Dime Community Bancshares (DCOM)?

Accompany Capital received the grant.

Does the DCOM announcement mention financial terms or grant size?

No; the announcement does not disclose the grant amount or financial terms.