Dime Awards Grant to LIEOC for Community Services

Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Long Island Economic Opportunity Collaborative (LIEOC) to support academic and vocational training in Nassau and Suffolk counties.

Rhea-AI Summary

Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Long Island Economic Opportunity Collaborative (LIEOC) to support academic and vocational training in Nassau and Suffolk counties. The grant aims to foster personal growth, career advancement, and social mobility through community services and workforce development programs.

Argus Feb 17 session

+1.02% close to close Open Argus

Details

News Market Reaction – DCOM

In the Feb 17 session, DCOM gained 1.02%, 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 focus, adding to prior grants such as the Dec ...

Analysis

This announcement highlights Dime’s ongoing community focus, adding to prior grants such as the Dec 23, 2025 support for Junior Achievement. Recent history shows the stock reacting more meaningfully to earnings strength and capital decisions, including record Q4 2025 results and the planned redemption of $40M subordinated debt. Investors tracking DCOM may continue to watch future earnings, capital actions, and credit metrics as primary valuation drivers, with community efforts as a complementary theme.

Historical Context

5 past events · Latest: Jan 26

5 events

1. Jan 26

   Capital actions

   24h Move

   +0.8%

   Redemption of $40M subordinated debt and reauthorized share repurchase plan.

2. Jan 22

   Preferred dividend

   24h Move

   -3.1%

   Declared quarterly cash dividend on Series A preferred shares.

3. Jan 21

   Earnings results

   24h Move

   +8.6%

   Reported record Q4 2025 revenue and sharply higher net income and EPS.

4. Jan 13

   Earnings date

   24h Move

   +1.3%

   Announced date and call details for Q4 2025 earnings release.

5. Dec 23

   Community grant

   24h Move

   -0.7%

   Announced grant to Junior Achievement supporting financial literacy programs.

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., Feb. 17, 2026 (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 Long Island Economic Opportunity Collaborative ("LIEOC") in support of academic and vocational training opportunities designed to foster personal growth, career advancement, and social mobility services in Nassau and Suffolk counties.

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 approximately $15 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 grant did Dime (DCOM) announce on February 17, 2026?

Dime announced a grant to Long Island Economic Opportunity Collaborative to support community training programs. According to the company, the grant funds academic and vocational training aimed at personal growth, career advancement, and social mobility in Nassau and Suffolk counties.

How will the Dime (DCOM) grant support workforce development in Long Island?

The grant will fund academic and vocational training programs to boost workforce skills and job readiness. According to the company, the support targets career advancement and social mobility services for residents in Nassau and Suffolk counties through community-based initiatives.

Which organization received funding from Dime (NASDAQ: DCOM) on Feb 17, 2026?

Long Island Economic Opportunity Collaborative (LIEOC) received the grant from Dime. According to the company, the funding is designated for LIEOC programs that provide academic and vocational training and related services in Nassau and Suffolk counties.

What areas will benefit from Dime's (DCOM) grant to LIEOC?

Nassau and Suffolk counties will be the primary beneficiaries of the grant. According to the company, funds are intended to support academic and vocational training and services that promote personal growth, career advancement, and increased social mobility in those counties.

Does the Dime (DCOM) announcement include financial details of the grant?

The announcement does not disclose the grant amount or financial terms. According to the company, the release describes the grant's purpose—supporting academic and vocational training in Nassau and Suffolk counties—but does not provide specific monetary figures.