Dime Awards Grant to Long Island Cares

Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Long Island Cares to support services for food-insecure residents in Nassau and Suffolk counties.

Rhea-AI Summary

Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Long Island Cares to support services for food-insecure residents in Nassau and Suffolk counties.

The grant is intended to help local food assistance programs and community services addressing food insecurity on Long Island.

Argus Nov 21 session

+4.45% close to close Open Argus

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News Market Reaction – DCOM

In the Nov 21 session, DCOM gained 4.45%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HAUPPAUGE, N.Y., Nov. 21, 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 Long Island Cares in support of services to help the food insecure 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 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 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 November 21, 2025?

Dime announced it awarded a grant to Long Island Cares to support services for the food insecure in Nassau and Suffolk counties.

How will the DCOM grant support Long Island Cares' work in Nassau and Suffolk?

The grant will support local food assistance programs and community services addressing food insecurity in the two counties.

Is the DCOM grant part of a larger Dime community giving program?

The announcement states Dime awarded a grant to Long Island Cares; it does not specify whether this is part of a larger program.

Where does Dime Community Bancshares operate the services mentioned in the November 21, 2025 announcement?

The announcement specifies support for services in Nassau and Suffolk counties on Long Island.

Who benefits from the grant announced by Dime (NASDAQ: DCOM)?

Food-insecure residents served by Long Island Cares' programs in Nassau and Suffolk counties are the intended beneficiaries.