Dime To Transfer To New York Stock Exchange
Rhea-AI Summary
Dime (NYSE:DCOM) will transfer all publicly traded securities to the New York Stock Exchange with trading beginning April 7, 2026. Common stock will trade as DCOM, preferred stock as DCOM PR, and subordinated notes due 2034 as DCBG.
Management emphasized Dime’s 161-year New York banking history as a reason for the move and welcomed inclusion in the NYSE community.
AI-generated analysis. Not financial advice.
Positive
- NYSE trading begins April 7, 2026
- Common stock to trade under ticker DCOM
- Preferred stock and notes to trade as DCOM PR and DCBG
- Company highlights its 161-year New York banking history
Negative
- None.
News Market Reaction – DCOMG
On the day this news was published, DCOMG gained 0.19%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers from the National Commercial Banks sector appeared in the momentum scanner, suggesting the 1.04% move and elevated volume are stock-specific around the NYSE transfer news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 25 | Dividend declaration | Positive | -0.7% | Announced $0.25 quarterly dividend with April 2026 record and pay dates. |
| Mar 24 | Sponsorship deal | Positive | +0.3% | LPGA sponsorship aimed at community engagement and brand visibility. |
| Mar 16 | Strategic hire | Positive | +0.1% | Hired First VP to support Lakewood expansion and private banking. |
| Mar 02 | Leadership elevation | Positive | +1.1% | Elevated leader to head Investor CRE and multifamily portfolios. |
| Mar 02 | Leadership promotion | Positive | +1.1% | Promoted head of middle market C&I lending on Long Island. |
Recent corporate and branding updates with generally modest positive price reactions; a single dividend announcement saw a small negative divergence.
Over the past month, Dime has focused on capital returns and franchise-building moves. It declared a quarterly dividend of $0.25 per share payable on April 24, 2026, though shares dipped slightly afterward. The company also emphasized brand visibility via an LPGA sponsorship and strengthened its leadership bench with promotions in commercial real estate, multifamily, and middle market C&I lending. The NYSE transfer fits this pattern of strategic positioning and profile-enhancing initiatives following these March 2026 developments.
Market Pulse Summary
This announcement highlights Dime’s decision to transfer all publicly traded securities to the NYSE, with trading set to begin on April 7, 2026. The move follows a series of March 2026 actions, including a $0.25 dividend declaration, leadership promotions in key lending segments, and a sponsorship aimed at brand building. Investors may track execution on growth initiatives, trading liquidity under the new listing, and how the bank leverages its 161-year franchise within a larger exchange ecosystem.
Key Terms
fixed-to-floating rate subordinated notes financial
AI-generated analysis. Not financial advice.
HAUPPAUGE, N.Y., April 02, 2026 (GLOBE NEWSWIRE) -- Dime announces the transfer of all of its publicly traded securities to the New York Stock Exchange (“NYSE”). The first day of trading on NYSE will be April 7th, 2026. The Common Stock will continue to trade under “DCOM”, the Preferred Stock will trade under “DCOM PR”, and the fixed-to-floating rate subordinated notes due 2034 will trade under the “DCBG” ticker symbols respectively.
"I am proud to announce Dime’s transfer to the New York Stock Exchange. The NYSE is an iconic exchange and home to the finest New York institutions. Dime’s 161-year history as a financial pillar of New York banking is a perfect fit for this exchange.” said Stuart H. Lubow, President and Chief Executive Officer of Dime.
“We are thrilled to welcome Dime to the New York Stock Exchange,” said Chris Taylor, Chief Development Officer, NYSE. “Dime’s local roots and enduring and dynamic franchise are a strong addition to the NYSE community, which is home to many of the world’s leading banks.”
ABOUT DIME
Dime is a New York State-charted 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 commercial 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.
