Welcome to our dedicated page for DIME COMMERCIAL BANCSHARES news (Ticker: DCOM), a resource for investors and traders seeking the latest updates and insights on DIME COMMERCIAL BANCSHARES stock.
Dime Community Bancshares, Inc. operates a community banking business that gathers deposits and deploys them into multifamily, commercial real estate, C&I, residential mortgage and securities portfolios.
Recurring news covers operating results, net interest income and margin trends, loan repricing, core deposit and business-loan growth, dividends on Series A preferred stock, and specialized commercial banking initiatives such as equipment and franchise finance. Company announcements also include market expansion, banker hiring, financial wellness partnerships and local community sponsorships in New York.
Dime (NYSE:DCOM) hired Michael J. Ragusa Jr. as First Vice President to support its Lakewood, NJ expansion and Private and Commercial Banking platform.
According to Dime, Ragusa will focus on business and high‑net‑worth clients as the bank develops a new full‑service location at 500 Boulevard of the Americas. He previously served as Vice President at Metropolitan Commercial Bank.
Dime (NASDAQ:DCOM) elevated Charlie Terrasi to Head of Investor Commercial Real Estate and Multifamily, effective March 2, 2026. Terrasi will oversee growth of the Company’s Investor CRE portfolio while retaining oversight of the multifamily portfolio.
He has more than 20 years of experience and has originated and managed over $4 billion in loans across multiple asset classes.
Dime (NYSE:DCOM) promoted Jeffrey Barber to Head of Middle Market Commercial & Industrial Lending, Long Island, effective March 2, 2026. He will lead middle market C&I strategy, oversee relationship management and loan growth for privately held middle market businesses, and manage key real estate relationships.
Mr. Barber joined Dime in 2019 and previously served as CFO at Spartan Petroleum Corp; earlier roles include chief loan and credit officer at Gold Coast Bank and a 19-year career at State Bank of Long Island. Management highlighted his seven years of contributions and local-market expertise.
Dime Community Bancshares (NYSE:DCOM) announced a corporate rebrand and planned listing transfer. Subject to shareholder approval, the parent company will change its name to Dime Commercial Bancshares, Inc. and the bank will become Dime Commercial Bank.
The company expects to transfer the listing of its securities to the New York Stock Exchange on or around April 7, 2026. The name changes are expected to take effect soon after the Annual Shareholder Meeting on May 28, 2026, pending the shareholder vote.
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.
Dime Community Bancshares (NASDAQ: DCOM) awarded a grant to Long Island Economic Opportunity Collaborative (LIEOC) to support academic and vocational training in Nassau and Suffolk counties. The grant aims to foster personal growth, career advancement, and social mobility through community services and workforce development programs.
Dime Community Bancshares (NASDAQ:DCOM) announced its intention to redeem at par on March 30, 2026 all outstanding $40,000,000 principal amount of fixed/floating subordinated debentures due 2030. The redemption will be funded with cash on hand and is expected to be accretive to EPS.
Separately, the Board reauthorized the share repurchase program to allow repurchases of up to 1,566,947 outstanding common shares remaining under the existing plan. The company reported a Total Capital Ratio in excess of 16% and said buybacks depend on market conditions and regulatory approvals.
Dime Community Bancshares (Nasdaq: DCOM, DCOMP, DCOMG) announced that its Board declared a quarterly cash dividend of $0.34375 per share on the company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable on February 13, 2026 to holders of record as of February 6, 2026.
Dime Community Bancshares (NASDAQ: DCOM) reported record Q4 2025 revenue of $124.0M and full-year net income available to common stockholders of $103.4M (diluted EPS $2.36) versus $21.8M (EPS $0.55) in 2024. Q4 2025 net income was $30.0M (diluted EPS $0.68); adjusted diluted EPS was $0.79. Key quarterly metrics: net interest income $112.3M, NIM 3.11%, core deposits +$1.26B YoY, business loans +$514.0M YoY, loan-to-deposit ratio 83.8%, CET1 ratio 11.66%, consolidated CRE concentration 387%, and non-performing assets 0.34% of assets (down 27% QoQ).
Management highlights continued organic growth, deposit inflows, loan repricing opportunity through 2027, and liquidity of $2.35B in cash.
Dime Community Bancshares (NASDAQ: DCOM) expects to release earnings for the quarter ended December 31, 2025 before U.S. market open on Wednesday, January 21, 2026.
The company will host a conference call and webcast at 8:30 a.m. ET on January 21, 2026, with President and CEO Stuart Lubow discussing fourth-quarter financial performance followed by Q&A. Telephone participants must register in advance to receive dial-in details and a unique PIN; participants are encouraged to dial in 10 minutes early. A replay of the call and webcast will be available on-demand for 12 months.