Dime Community Bank to Rebrand as Dime Commercial Bank Company to Transfer Listing of Its Securities to New York Stock Exchange
Rhea-AI Summary
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.
Positive
- Planned NYSE listing on or around April 7, 2026
- Rebrand effective after May 28, 2026 shareholder vote
Negative
- Name change subject to shareholder approval, creating execution uncertainty
- Listing timing approximate ("on or around" April 7, 2026) introducing scheduling uncertainty
News Market Reaction – DCOMG
On the day this news was published, DCOMG gained 1.18%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HAUPPAUGE, N.Y., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that, subject to shareholder approval, it will change its name to “Dime Commercial Bancshares, Inc.”. The Bank’s name will change to “Dime Commercial Bank”. These changes will be effective soon after the Annual Shareholder Meeting (May 28, 2026), where there will be a vote to approve the Company’s name change.
The Company is also transferring the listing of its securities to the New York Stock Exchange (“NYSE”) on or around April 7, 2026.
As part of its rebrand, the Company put out an investor presentation which can be found here.
ABOUT DIME COMMUNITY BANCSHARES, INC.
Dime is a New York State-chartered 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 community 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.