Welcome to our dedicated page for Dime Community Bancshares news (Ticker: DCOM), a resource for investors and traders seeking the latest updates and insights on Dime Community Bancshares stock.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) is a New York–incorporated bank holding company in the commercial banking industry and the parent of Dime Community Bank. Its news flow, as distributed through Globe Newswire and referenced in SEC filings, provides insight into its Community Banking operations, capital decisions, and community involvement. This page aggregates those updates so readers can review the company’s publicly reported developments in one place.
Recent news items show several recurring themes in Dime Community Bancshares’ disclosures. The company regularly announces quarterly earnings releases and related conference calls, as seen in the January 13, 2026 press release about its planned earnings release for the quarter ended December 31, 2025 and an accompanying question-and-answer call. It also reports dividend declarations on its common stock and Series A preferred stock, with details furnished via Form 8-K filings and attached press releases.
Another important category of news involves branch network and market expansion. The company has announced plans to open a full-service branch in Locust Valley, subject to regulatory approvals, and later reported receiving approvals from the Federal Reserve Bank of New York and the New York State Department of Financial Services to open that branch. It has also highlighted the hiring of a senior banker to lead middle market commercial banking expansion across the state of New Jersey, which it describes as part of its growth plan.
Dime Community Bancshares also issues news about community grants and partnerships. Releases describe grants to organizations such as Junior Achievement of Long Island, Accompany Capital, Transitional Services for Long Island, Long Island Cares, and Community Development of Long Island. These announcements emphasize support for financial literacy, entrepreneurship, housing services, and food insecurity relief in Long Island, New York City, and surrounding areas.
By following this news feed, readers can monitor DCOM updates related to earnings, dividends, executive and organizational changes, branch openings, regional expansion, and community-focused initiatives, all based on the company’s own press releases and related SEC disclosures.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) announced the appointment of Paul M. Aguggia to its Board of Directors effective September 21, 2022. Aguggia fills the role previously held by Vincent F. Palagiano, who has retired. His extensive experience as a director and corporate attorney is expected to enhance the bank's governance and strategy. Aguggia has previously served as Chairman and CEO of Clifton Bancorp Inc. and held board positions at Square 1 Bank. Dime Community Bancshares has over $12.3 billion in assets and leads deposit market share among community banks in Greater Long Island.
On September 21, 2022, Dime Community Bancshares (NASDAQ: DCOM) announced the retirement of Vincent F. Palagiano from its Board of Directors. Palagiano has had a notable 52-year career with Dime, including serving as Chief Executive Officer and Chairman of Dime Savings Bank. His leadership was instrumental during significant transitions, including a successful mutual-to-public conversion in 1996 and a merger in 2021. Executive Chairman Kenneth Mahon praised his contributions, citing Dime's growth into a leading community commercial bank with over $12.3 billion in assets.
Dime Community Bancshares reported a net income of $36.7 million for Q2 2022, equating to $0.94 per diluted share, a rise from $32.7 million in Q1 2022. Loan originations surged to $902 million, highlighting 18% annualized growth in loans held for investment, excluding PPP loans. The net interest margin expanded by 10 basis points to 3.29%. The Company maintained a low cost of deposits and strong credit quality, with non-performing assets at 0.30% of total assets. Dime repurchased shares worth $22.9 million during the period.
Dime Community Bancshares, Inc. (Nasdaq: DCOM, DCOMP) announced a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable on August 15, 2022 to shareholders of record as of August 8, 2022. The Company, with over $12.0 billion in assets, holds the top deposit market share among community banks on Greater Long Island, emphasizing its strong position in the market.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) announced it will release its earnings for Q2 2022 on July 29, 2022, prior to market opening. CEO Kevin O’Connor will discuss the financial performance in a conference call scheduled for 8:30 a.m. ET, which will be webcast and available for one year. Dime Community Bank, the holding company, possesses over $12 billion in assets and leads in deposit market share among community banks in Greater Long Island.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) announced that Dime Community Bank has received an overall “Outstanding” rating from the Federal Reserve Bank of New York under the Community Reinvestment Act (CRA) for its January 2022 evaluation. The CRA evaluates banks on their efforts to meet credit needs in Low-to-Moderate Income neighborhoods. The FRBNY highlighted Dime's significant achievements in community development loans and innovative lending practices, especially during the COVID-19 pandemic, including the origin of Paycheck Protection Program loans to support affected small businesses.
Dime Community Bancshares, Inc. (Nasdaq: DCOM) has declared a quarterly cash dividend of $0.24 per share, scheduled for July 25, 2022, to shareholders of record as of July 18, 2022. This reflects the Company's ongoing commitment to providing uninterrupted dividends. Dime Community Bancshares is the holding company for Dime Community Bank, boasting over $12.0 billion in assets and leading deposit market share among community banks on Greater Long Island.
Dime Community Bancshares has announced a new stock repurchase program, allowing for the buyback of up to 1,948,314 shares, representing 5% of its outstanding stock as of May 25, 2022. This follows the completion of the existing repurchase program, which has 74,571 shares remaining. Repurchases will occur at management's discretion and may vary based on market conditions and the company’s financial performance. The repurchased shares will be held as treasury stock for corporate purposes.
Dime Community Bancshares (NASDAQ: DCOM) has successfully completed a public offering of $160 million in subordinated notes with a fixed-to-floating rate due in 2032. The offering was sold at par, yielding approximately $158 million in net proceeds post-expenses. Funds will be allocated for general corporate purposes, including repaying existing subordinated debt. The notes qualify as Tier 2 capital, strengthening the company's financial position.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) has priced $160 million in 5.000% fixed-to-floating rate subordinated notes due 2032. Initially, the notes will bear a fixed interest of 5.000% per annum, transitioning to a floating rate after May 15, 2027. The net proceeds will be used for general corporate purposes, including repaying outstanding subordinated notes. Piper Sandler & Co. is the lead manager of the offering, which is expected to close on May 6, 2022. The notes are intended to qualify as Tier 2 capital for regulatory requirements.