Dime Community Bancshares Inc Stock Price, News & Analysis

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.

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 July 24, 2025 to stockholders of record as of July 17, 2025. The announcement highlights the company's consistent track record of maintaining uninterrupted dividend payments to shareholders.

Dime Community Bancshares (NASDAQ: DCOM), through its subsidiary Dime Community Bank, has announced the continuation of its commitment to supporting local businesses through the 10th annual Dime Community Bank $10K Small Business Challenge in Manhattan. The event, organized in partnership with 1010 WINS radio station, achieved a milestone with a record number of applicants from New York City competing for a $10,000 grant aimed at fostering business growth.

Kroll Bond Rating Agency (KBRA) has upgraded Dime Community Bancshares' (NASDAQ: DCOM) ratings outlook from "Stable" to "Positive" while maintaining its BBB+ rating for deposits and senior unsecured debt. The improved outlook reflects DCOM's successful strategic execution, particularly in capitalizing on market disruption following 2023 bank failures. The bank has added $2 billion in core deposits over two years, improved its liquidity profile, and reduced wholesale funding. KBRA highlighted Dime's superior credit quality, with a low 15bps average NCO ratio since the global financial crisis, minimal problem loans, and improving risk ratings. The bank's deposit costs remain lower than most KBRA-rated peers, supported by a healthy DDA mix.

Dime Community Bancshares (NASDAQ: DCOM) has secured approval from the New Jersey Department of Banking and Insurance to establish a new branch at 500 Boulevard of Americas in Lakewood, New Jersey. This approval follows previous authorizations from the Federal Reserve Bank of New York and the New York State Department of Financial Services. The company plans to begin construction in the second half of 2025, with the branch scheduled to open in early 2026. This expansion marks Dime's strategic move into the New Jersey market.

Dime Community Bancshares (NASDAQ: DCOM) has appointed Shawn Gines as Executive Vice President of Corporate and Specialty Finance, marking a significant step in the company's growth strategy. Gines, who will be based in Manhattan, joins from Webster Bank where he served as Regional President for NYC and New Jersey Metro Markets. In his new role, Gines will focus on expanding Dime's commercial lending operations, growing its corporate client base, overseeing the Fund Finance vertical, and developing new specialty verticals to diversify the bank's balance sheet. His extensive experience includes previous roles at Sterling National Bank, GE Capital, and Bank of America. CEO Stuart H. Lubow emphasized that Gines' appointment demonstrates Dime's ability to attract top banking talent.