CORRECTION -- Dime Community Bank to Rebrand as Dime Commercial Bank

Rhea-AI Summary

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.

Positive

• Listing transfer to NYSE on or around April 7, 2026
• Planned company name change to Dime Commercial Bancshares after May 28, 2026

Negative

• Name change is subject to shareholder approval at May 28, 2026 meeting
• Timing split: NYSE transfer scheduled before shareholder vote

Company to Transfer Listing of Its Securities to New York Stock Exchange

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 $15 billion in assets and the number one deposit market share on Greater Long Island ⁽¹⁾.

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 $20 billion in assets.

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.

FAQ

When will DCOM transfer its listing to the New York Stock Exchange?

The listing transfer is scheduled on or around April 7, 2026. According to the company, the securities listing move to the NYSE is expected to occur roughly a month before the annual shareholder vote.

What will Dime Community Bancshares change its name to and when will it take effect?

The parent company will be renamed Dime Commercial Bancshares, Inc. after the May 28, 2026 shareholder meeting. According to the company, the change is effective soon after the shareholder vote approves it.

Will the bank's operating name change for DCOM shareholders?

Yes, the bank will be renamed Dime Commercial Bank. According to the company, this rebrand will accompany the parent company name change following shareholder approval.

Is shareholder approval required for DCOM's name change?

Yes, the name change is subject to a shareholder vote at the Annual Meeting on May 28, 2026. According to the company, the corporate name change will only be effective if shareholders approve it.

Where can investors find more information about DCOM's rebrand and listing transfer?

Investors can review the company's investor presentation linked by management. According to the company, the presentation provides details on the rebrand and the planned NYSE listing transfer.