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 Community Bancshares (NASDAQ: DCOM) announced continued support for the Alzheimer’s Association. A team from Dime Community Bank will participate in the Walk to End Alzheimer’s on Long Island on October 4, 2025. The release highlights the company's community and charitable engagement but provides no financial or operational metrics.
Dime Community Bancshares (NASDAQ: DCOM), parent company of Dime Community Bank, announced its sponsorship of the American Heart Association Heart Walk 2025 on Long Island. Jeffrey Barber, Executive Vice President of Dime, will serve as the Chairman of this year's Heart Walk event.
Dime Community Bancshares (NASDAQ: DCOM) has announced the opening of a new full-service branch at 232 Madison Avenue in Manhattan after receiving all necessary regulatory approvals. The strategic location, situated at the corner of Madison Avenue and 37th Street, represents the bank's expansion into Manhattan.
The new branch will be led by Lisa Reardon, a former branch manager from The First National Bank of Long Island. This expansion aligns with Dime's selective growth strategy and capitalizes on market disruption opportunities. The company's leadership, including CEO Stuart H. Lubow and EVP Jim Manseau, expressed enthusiasm about the strategic importance of this Manhattan location.
Dime Community Bancshares (Nasdaq: DCOM) has declared a quarterly cash dividend of $0.25 per share for its Common Stock. The dividend will be paid on October 24, 2025 to stockholders of record as of October 17, 2025.
This declaration maintains the company's history of consistent dividend payments to shareholders, demonstrating its commitment to providing regular returns to investors.
Dime Community Bancshares (NASDAQ: DCOM) announced a significant expansion of its commercial lending platform through the addition of several experienced banking professionals. The new hires include Ryan Kent as Director of Commercial Strategic Initiatives, Elvis Grgurovic as Co-Head of Mid Corporate vertical, Eric Pelletier as Head of Syndications, and other senior executives primarily from Webster Bank.
The strategic appointments align with Dime's focus on building a diversified commercial loan portfolio and strengthening its capabilities in mid-corporate lending, specialty lending, and loan syndications. The company emphasizes its position as a dynamic, client-focused institution with a streamlined organizational structure enabling quick decision-making.
Dime Community Bancshares (Nasdaq: DCOM) has announced a quarterly cash dividend for its Series A Preferred Stock. The company's Board of Directors declared a dividend of $0.34375 per share on the 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be paid on August 15, 2025 to shareholders of record as of August 8, 2025.
Dime Community Bancshares (NASDAQ: DCOM) reported strong Q2 2025 results with net income of $27.9 million, or $0.64 per diluted share, marking a 49% increase from Q2 2024. The bank demonstrated robust growth with total deposits increasing by $711.7 million year-over-year and core deposits growing by $1.21 billion.
Key highlights include net interest margin improvement to 2.98%, business loans growth of $371.3 million year-over-year, and a strengthened Common Equity Tier 1 Ratio of 11.25%. The bank made significant strategic hires in Q2, including executives for Corporate Finance, Lender Finance, and Fund Finance verticals, while planning expansion with new branches in New Jersey and Manhattan.
The bank's loan portfolio maintained a weighted average rate of 5.33%, with total loans held for investment at $10.87 billion. Non-interest income was $11.6 million, and the efficiency ratio improved to 55.0%.
Dime Community Bancshares (NASDAQ: DCOM), parent company of Dime Community Bank, has been selected as the Lending Partner of the Year by Neighborhood Housing Services of New York City (NHSNYC). The award will be presented at NHSNYC's Bridging the Gap Gala on October 7th, 2025.
NHSNYC focuses on providing access to critical resources and promoting housing stability and financial security for New York residents. This recognition highlights Dime's commitment to community lending and support for affordable housing initiatives in New York City.
Dime Community Bancshares (NASDAQ: DCOM) has scheduled its second quarter 2025 earnings release and conference call. The company will release Q2 2025 financial results before market open on July 24, 2025.
President and CEO Stuart Lubow will host a conference call at 8:30 a.m. ET on the same day to discuss the company's financial performance, followed by a Q&A session. The call will be accessible via webcast and telephone, with registration required for phone participants. A replay will be available on-demand for 12 months.
Dime Community Bancshares (NASDAQ: DCOM) announced the establishment of a new Lender Finance vertical, appointing Jason Brenner and Zack Schwartz as Co-Heads. Both executives bring significant experience from their previous roles at AXOS Bank and First Citizens Bank, respectively.
This strategic move represents Dime's fifth distinct vertical, alongside Healthcare, Mid-Corporate, Fund Finance, and Not-For-Profit Lending. The new division will focus on supporting private equity and private credit clients, furthering the company's commitment to diversifying its commercial lending businesses.