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) will release its earnings for Q1 2021 on April 30, 2021, before U.S. markets open. CEO Kevin O’Connor will discuss the financial performance during a conference call at 8:30 a.m. ET on the same day. The call will be available via a live webcast and archived for one year. Dime Community Bancshares has over $13 billion in assets and holds the number one deposit market share among community banks on Greater Long Island, with significant market presence in Kings, Queens, Nassau, and Suffolk counties.
On February 9, 2021, Dime Community Bancshares, Inc. (NASDAQ: DCOM) announced that Fitch Ratings affirmed its investment grade ratings for the Company and Dime Community Bank. The Fitch report highlighted the Company’s stable performance amid COVID-19 and its merger of equals. Fitch noted that benefits from the merger, including diversification and scale, outweigh integration risks, and observed a significant decline in loan payment deferrals from Q2 2020.
Dime Community Bancshares, Inc. (DCOM) has declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. This dividend will be payable on February 15, 2021 to shareholders on record as of February 4, 2021. The Company boasts over $12 billion in assets and $9 billion in total deposits, with more than 60 branches across New York.
Bridge Bancorp and Dime Community Bancshares have successfully completed their merger, converting Legacy Dime shares into Bridge shares at a ratio of 0.648. The merged company now operates under the ticker symbol DCOM and boasts over $12 billion in assets and 60 branches.
Customers will see no immediate changes to their banking relationships. Experts emphasize that the merger aims to enhance customer service and increase capital in the New York area.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) reported a positive trend in its loan portfolio as of December 31, 2020. Principal and Interest (P&I) deferrals decreased to $37.1 million, representing just 0.7% of the total loan portfolio. Additionally, 3.4% of the portfolio is now on a full interest payment plan, deferring only principal payments. CEO Kenneth J. Mahon expressed optimism regarding the ability to work with borrowers to facilitate reasonable resolutions.
Dime Community Bancshares reported a 29% increase in revenues and a 223% rise in earnings per share for Q3 2020, achieving net income of $14.0 million, or $0.42 per diluted share. Excluding merger expenses, EPS would be $0.44, a record for the company. The bank experienced non-performing assets decline by 19.2% and strong growth in checking account balances, up 61.1% year-over-year. The net interest margin expanded by 6 basis points, driven by reduced deposit costs. Management highlighted positive trends in loans exiting deferment, indicating robust recovery prospects.
Dime Community Bancshares, Inc. (Nasdaq: DCOM) has declared a quarterly cash dividend of $0.34375 per share for Series A Preferred Stock, payable on November 15, 2020, and $0.14 per share for Common Stock, payable on November 13, 2020. The record date for both dividends is November 6, 2020. This marks the third quarterly dividend for Series A Preferred Stock and the 94th consecutive dividend for Common Stock. As of June 30, 2020, the Company reported consolidated assets of $6.47 billion.
Dime Community Bancshares, Inc. (Nasdaq: DCOM) will release its earnings for Q3 2020 on October 27, 2020, after U.S. market close. CEO Kenneth J. Mahon will discuss the financial performance in a conference call on October 28, 2020, at 8:00 a.m. ET. The call will include a Q&A session and will be available via webcast. As of June 30, 2020, the Company's consolidated assets totaled $6.47 billion. Dime Community Bank operates 28 branches across New York City.
Dime Community Bancshares reported a net income of $11.8 million, or $0.35 per diluted share, for Q2 2020, up from $8.4 million in Q1 2020. Adjusted EPS excluding restructuring and merger expenses would be $0.39. The company benefitted from a 14 basis point increase in net interest margin (NIM) and 83% year-over-year growth in non-interest income, excluding securities gains. Capital ratios improved with a tangible equity to tangible assets ratio of 9.76%. Total loans under the Paycheck Protection Program reached $310.5 million. The firm announced a merger with Bridge Bancorp, aiming for over $11 billion in assets.
Dime Community Bancshares, Inc. (DCOM) declared its quarterly cash dividend of $0.34375 per share for Series A Preferred Stock, set for payment on August 15, 2020. Additionally, a dividend of $0.14 per share for Common Stock will be paid on August 13, 2020, to stockholders of record as of August 6, 2020. This marks the 93rd consecutive dividend for Common Stock holders and the second for the Series A Preferred Stock. As of March 31, 2020, the company reported $6.35 billion in consolidated assets.
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