Dime Continues Partnership with Community Development of Long Island

Rhea-AI Summary

Dime Community Bancshares (NASDAQ: DCOM) announced on November 10, 2025 that it is continuing its partnership with Community Development of Long Island (CDLI).

The collaboration supports Long Island families with affordable housing, financial health, education, home repair, and guidance through the not-for-profit CDLI.

News Market Reaction

-1.48%

1 alert

-1.48% News Effect

On the day this news was published, DCOM declined 1.48%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HAUPPAUGE, N.Y., Nov. 10, 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 is continuing its partnership with Community Development of Long Island (“CDLI”). CDLI is a not-for-profit organization that provides Long Island families with affordable housing, financial health, and wealth aspirations through education, home repair, and guidance.

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 (NASDAQ: DCOM) announce on November 10, 2025 about CDLI?

Dime announced it is continuing its partnership with Community Development of Long Island (CDLI) to support affordable housing and financial health programs.

How does the Dime and CDLI partnership benefit Long Island families?

The partnership supports affordable housing, financial education, home repair, and wealth-building guidance for Long Island families.

Is Dime’s November 10, 2025 announcement expected to affect DCOM earnings or guidance?

The announcement describes a community partnership and does not include financial guidance or earnings figures.

Who is Community Development of Long Island mentioned in Dime’s Nov 10, 2025 release?

CDLI is a not-for-profit organization focused on affordable housing, financial health, and related services for Long Island families.

Where can investors find more details about Dime’s community partnerships?

Investors can check Dime’s investor relations materials and press releases for further information on community programs and partnerships.

Does the Nov 10, 2025 Dime announcement include financial terms or a multi-year commitment with CDLI?

No financial terms or a specified multi-year commitment were disclosed in the announcement.