Dime Community Bank to Rebrand as Dime Commercial Bank Company to Transfer Listing of Its Securities to New York Stock Exchange
Dime Community Bank (NASDAQ:DCOM) will rebrand to Dime Commercial Bank and the parent company will change its name to Dime Commercial Bancshares, subject to shareholder approval at the Annual Meeting on May 28, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Dime Community Bank (NASDAQ:DCOM) will rebrand to Dime Commercial Bank and the parent company will change its name to Dime Commercial Bancshares, subject to shareholder approval at the Annual Meeting on May 28, 2026.
The company also plans to transfer the listing of its securities to the New York Stock Exchange on or around April 7, 2026. An investor presentation supporting the rebrand has been issued by the company.
Positive
- Planned NYSE listing on or around April 7, 2026
- Rebrand effective after May 28, 2026 shareholder vote
Negative
- Name change subject to shareholder approval, creating execution uncertainty
- Listing timing approximate ("on or around" April 7, 2026) introducing scheduling uncertainty
Details
News Market Reaction – DCOM
On Feb 24, the first trading day after this news, DCOM closed 0.46% below the previous close.
Data tracked by StockTitan Argus for the Feb 24 session.
Key Figures
- Annual Meeting date
- May 28, 2026
- Date of Annual Shareholder Meeting to vote on company name change
- NYSE transfer date
- April 7, 2026
- Expected date to transfer listing of securities to NYSE
Historical Context
-
Grant to LIEOC for educational and workforce development programs.
-
Plan to redeem $40M subordinated debt and reauthorize share repurchases.
-
Quarterly cash dividend declared on Series A preferred stock.
-
Record Q4 2025 revenue and strong EPS growth versus prior year.
-
Announcement of Q4 2025 earnings release date and conference call.
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., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that, subject to shareholder approval, it will change its name to “Dime Commercial Bancshares, Inc.”. The Bank’s name will change to “Dime Commercial Bank”. These changes will be effective soon after the Annual Shareholder Meeting (May 28, 2026), where there will be a vote to approve the Company’s name change.
The Company is also transferring the listing of its securities to the New York Stock Exchange (“NYSE”) on or around April 7, 2026.
As part of its rebrand, the Company put out an investor presentation which can be found here.
ABOUT DIME COMMUNITY BANCSHARES, INC.
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 community 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.