Dime To Transfer To New York Stock Exchange
Rhea-AI Summary
Dime (NYSE:DCOM) will transfer all publicly traded securities to the New York Stock Exchange with trading beginning April 7, 2026. Common stock will trade as DCOM, preferred stock as DCOM PR, and subordinated notes due 2034 as DCBG.
Management emphasized Dime’s 161-year New York banking history as a reason for the move and welcomed inclusion in the NYSE community.
AI-generated analysis. Not financial advice.
Positive
- NYSE trading begins April 7, 2026
- Common stock to trade under ticker DCOM
- Preferred stock and notes to trade as DCOM PR and DCBG
- Company highlights its 161-year New York banking history
Negative
- None.
News Market Reaction – DCOM
On the day this news was published, DCOM gained 0.56%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
DCOM gained 1.18% while key regional bank peers also advanced (e.g., HOPE +2.11%, MBIN +3.06%, TCBK +1.61%). Despite this broad upward bias in peers, the momentum scanner did not flag a coordinated sector move for this headline.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 25 | Dividend declaration | Positive | -0.4% | Declared $0.25 quarterly cash dividend with continued uninterrupted payout trend. |
| Mar 24 | Brand sponsorship | Positive | +1.6% | Announced LPGA golfer Lexi Thompson sponsorship to support community engagement. |
| Mar 16 | Growth hire | Positive | +0.6% | Hired Michael Ragusa to support Lakewood expansion and private banking platform. |
| Mar 02 | Leadership elevation | Positive | +1.8% | Elevated Charlie Terrasi to lead Investor CRE and multifamily growth efforts. |
| Mar 02 | Leadership promotion | Positive | +1.8% | Promoted Jeffrey Barber to head Middle Market C&I Lending on Long Island. |
Recent company announcements (leadership moves, growth hires, sponsorship) have generally seen modest positive price reactions, while dividend declarations have not always produced upside.
Over the past month, Dime has highlighted stability and growth: a $0.25 quarterly dividend on Mar 25, 2026, a branding-focused sponsorship announcement on Mar 24, and strategic hiring and leadership elevations in early March. Most of these news items saw small positive price moves, suggesting investors have generally rewarded growth- and franchise-building updates, while income-focused news like dividends drew a mixed reaction.
Market Pulse Summary
This announcement describes Dime’s transfer of all publicly traded securities to the NYSE on April 7, 2026, with tickers for common, preferred, and subordinated notes unchanged in substance. It underscores Dime’s 161-year New York banking heritage and alignment with other large banks on the exchange. Investors may watch how trading liquidity, institutional participation, and valuation metrics evolve following the listing transition.
Key Terms
fixed-to-floating rate subordinated notes financial
AI-generated analysis. Not financial advice.
HAUPPAUGE, N.Y., April 02, 2026 (GLOBE NEWSWIRE) -- Dime announces the transfer of all of its publicly traded securities to the New York Stock Exchange (“NYSE”). The first day of trading on NYSE will be April 7th, 2026. The Common Stock will continue to trade under “DCOM”, the Preferred Stock will trade under “DCOM PR”, and the fixed-to-floating rate subordinated notes due 2034 will trade under the “DCBG” ticker symbols respectively.
"I am proud to announce Dime’s transfer to the New York Stock Exchange. The NYSE is an iconic exchange and home to the finest New York institutions. Dime’s 161-year history as a financial pillar of New York banking is a perfect fit for this exchange.” said Stuart H. Lubow, President and Chief Executive Officer of Dime.
“We are thrilled to welcome Dime to the New York Stock Exchange,” said Chris Taylor, Chief Development Officer, NYSE. “Dime’s local roots and enduring and dynamic franchise are a strong addition to the NYSE community, which is home to many of the world’s leading banks.”
ABOUT DIME
Dime is a New York State-charted 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 commercial 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.
