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Dime Continues to Execute on Growth Plan With Commercial Lending Expansion

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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) ha annunciato una significativa espansione della sua piattaforma di prestito commerciale mediante l_aggiunta di diversi professionisti bancari esperti. Le nuove assunzioni includono Ryan Kent come Direttore delle Iniziative Strategiche Commerciali, Elvis Grgurovic come Co-Responsabile della vertical Mid Corporate, Eric Pelletier come Responsabile delle Syndicazioni, e altri dirigenti senior provenienti principalmente da Webster Bank. Le nomine strategiche si allineano con l’obiettivo di Dime di costruire un portafoglio di prestiti commerciali diversificato e rafforzare le capacità nel credito alle medie imprese, nel credito specialistico e nelle syndications di prestiti. L’azienda sottolinea la propria posizione come istituzione dinamica, orientata al cliente, con una struttura organizzativa snella che consente decisioni rapide.

Dime Community Bancshares (NASDAQ: DCOM) anunció una expansión significativa de su plataforma de préstamos comerciales mediante la incorporación de varios profesionales bancarios experimentados. Las nuevas contrataciones incluyen a Ryan Kent como Director de Iniciativas Estratégicas Comerciales, Elvis Grgurovic como Co-Jefe del vertical de Medianas Empresas, Eric Pelletier como Director de Sindicaciones, y otros ejecutivos senior principalmente procedentes de Webster Bank. Los nombramientos estratégicos se alinean con el objetivo de Dime de construir una cartera de préstamos comerciales diversificada y fortalecer sus capacidades en préstamos a medianas empresas, préstamos especializados y sindicaciones de préstamos. La empresa enfatiza su posición como una institución dinámica, centrada en el cliente, con una estructura organizativa ágil que facilita la toma de decisiones.

Dime Community Bancshares (NASDAQ: DCOM)은 다수의 경력 있는 은행 전문가를 영입하며 상업 대출 플랫폼의 중요한 확장을 발표했습니다. 신규 채용으로 라이언 켄트를 상업 전략 이니셔티브 이사로, 엘비스 그루고로비치를 Mid Corporate 부문 공동 책임자로, 에릭 펠튀ИЕ를 신디케이션 책임자로, 그리고 Webster Bank 출신의 다른 고위 경영진이 포함됩니다. 이러한 전략적 임명은 중견기업 대출, 전문 대출 및 대출 신디케이션 분야의 역량 강화와 함께 다양화된 상업 대출 포트폴리오 구축에 중점을 두겠다는 디메의 비전에 부합합니다. 회사는 고객 중심의 다이내믹한 기관으로서 의사결정이 빠른 간소화된 조직 구조를 강조합니다.

Dime Community Bancshares (NASDAQ : DCOM) a annoncé une expansion significative de sa plateforme de prêts commerciaux grâce à l’arrivée de plusieurs professionnels bancaires expérimentés. Les nouvelles recrues incluent Ryan Kent en tant que Directeur des Initiatives Stratégiques Commerciales, Elvis Grgurovic en tant que Co-tête du secteur Mid Corporate, Eric Pelletier en tant que Responsable des Syndications, et d’autres cadres seniors principalement issus de Webster Bank. Ces nominations stratégiques s’inscrivent dans l’objectif de Dime de constituer un portefeuille de prêts commerciaux diversifié et de renforcer ses capacités en prêts destinés aux médianes entreprises, en prêts spécialisés et en syndications de prêts. L’entreprise souligne sa position en tant qu’institution dynamique axée sur le client, avec une structure organisationnelle simplifiée permettant une prise de décision rapide.

Dime Community Bancshares (NASDAQ: DCOM) kündigte eine bedeutende Erweiterung seiner kommerziellen Kreditplattform durch die Einstellung mehrerer erfahrener Bankprofis an. Die Neueinstellungen umfassen Ryan Kent als Director of Commercial Strategic Initiatives, Elvis Grgurovic als Co-Head der Mid Corporate-Sparte, Eric Pelletier als Leiter Syndizierungen, und weitere führende Führungskräfte überwiegend von Webster Bank. Die strategischen Ernennungen stehen im Einklang mit Dim es Fokus, ein diversifiziertes Portfolio kommerzieller Kredite aufzubauen und seine Fähigkeiten im Mid-Corporate Lending, Spezialkreditwesen und Kredit-Syndizierung zu stärken. Das Unternehmen betont seine Position als dynamische, kundenorientierte Institution mit einer schlanken Organisationsstruktur, die schnelle Entscheidungsfindung ermöglicht.

Dime Community Bancshares (بورصة ناسداك: DCOM) أعلنت عن توسيع كبير لمنصة الإقراض التجاري من خلال إضافة عدد من المحترفين المصرفيين ذوي الخبرة. تشمل التعيينات الجديدة ريان كينت كمدير مبادرات استراتيجية تجارية، إلفيس غروغورفيتش كنائب رئيس قسم الشركات المتوسطة، إريك بيلاتير كمدير الإتساق الائتماني، وغيرهم من كبار التنفيذيين الذين ينتمون في الأساس إلى Webster Bank. تتماشى التعيينات الاستراتيجية مع تركيز ديم على بناء محفظة قروض تجارية متنوعة وتعزيز قدراتها في تمويل الشركات المتوسطة والقروض الخاصة وإتساق القروض. وتؤكد الشركة موقعها كمؤسسة ديناميكية تركّز على العملاء مع هيكل تنظيمي بسيط يمكّن من اتخاذ القرارات بسرعة.

Dime Community Bancshares(NYSE: DCOM) 宣布通过新增若干经验丰富的银行专业人士,显著扩展其商业贷款平台。新聘人员包括 Ryan Kent 担任商业战略举措主管、Elvis Grgurovic 担任 Mid Corporate 事业部联席主管、Eric Pelletier 担任承销主管,以及主要来自 Webster Bank 的其他高级主管。此次战略任命与 Dime 专注于建立多元化商业贷款组合、强化在中型企业贷款、专项贷款及贷款承销方面的能力的目标保持一致。公司强调自己是一个以客户为中心的动态机构,拥有精简的组织结构,能够快速做出决策。

Positive
  • Strategic expansion of commercial lending platform with experienced senior hires
  • Enhanced capabilities in mid-corporate, specialty lending, and loan syndications
  • Successful talent acquisition from major competitors like Webster Bank
Negative
  • None.

Insights

Dime's strategic hiring of five senior commercial banking executives strengthens its lending capabilities and signals ambitious growth plans.

Dime Community Bancshares (DCOM) has made a significant talent acquisition move by bringing in five seasoned banking professionals to expand its commercial lending platform. This strategic hiring spree represents a calculated offensive maneuver in the competitive banking landscape, with four of the five executives coming directly from Webster Bank.

The caliber of these hires is noteworthy. Ryan Kent joining as Director of Commercial Strategic Initiatives brings Deloitte consulting expertise. The addition of Elvis Grgurovic as Co-Head of Mid Corporate vertical, Eric Pelletier as Head of Syndications, and two Senior Vice Presidents (Matt Greene and Barry Renow) indicates Dime is building specialized expertise in higher-margin commercial lending segments.

Most telling is the creation of a dedicated Syndications role, which suggests Dime is positioning itself to originate larger loans that it can partially sell to other institutions - a strategy that can generate fee income while managing concentration risk. The mid-corporate focus also signals an upmarket move targeting larger commercial clients than traditional community bank lending.

CEO Stuart Lubow's comments about being the "bank-of-choice for top tier talent" and maintaining a "flat organizational structure" reveal a strategic emphasis on organizational agility and talent acquisition as competitive advantages. This talent-focused approach, particularly the systematic recruitment from larger competitors, indicates a deliberate strategy to punch above its weight class by leveraging experienced bankers with established client relationships that could potentially follow them to Dime.

HAUPPAUGE, N.Y., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced the expansion of its commercial lending platform with the addition of several seasoned banking professionals. The following individuals have joined Dime:

  • Ryan Kent has joined as Director of Commercial Strategic Initiatives. He was previously a Senior Manager at Deloitte and prior to that a Senior Managing Director at Webster Bank
  • Elvis Grgurovic has joined as Co-Head of the Mid Corporate vertical. He was previously a Managing Director at Webster Bank
  • Eric Pelletier has joined as Head of Syndications. He was previously a Managing Director at Webster Bank
  • Matt Greene has joined as a Senior Vice President in the Mid-Corporate and Specialty Finance vertical. He was previously a Senior Managing Director at Webster Bank
  • Barry Renow has joined as Senior Vice President in the Mid-Corporate and Specialty Finance Vertical. He was previously a Senior Vice President at BHI USA

Stuart H. Lubow, President and Chief Executive Officer of Dime, commented: “We are excited to add several talented individuals as we continue to execute on our growth plan. The hires align with our focus of building a diversified commercial loan portfolio. Dime is the bank-of-choice for top tier talent looking to join a dynamic, client-focused institution with a flat organizational structure that enables speed and agility.”

Thomas X. Geisel, Senior Executive Vice President of Commercial Lending, commented: “The addition of these high-performing professionals strengthens our capabilities across core areas including mid-corporate and specialty lending, and loan syndications. Each of them will play an important role in scaling our platform and delivering value to our clients through customized credit solutions, industry expertise and responsive service.”

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in assets and the number one deposit market share among community banks on Greater Long Island (1).

Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – 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

What strategic hires did Dime Community Bancshares (DCOM) announce in September 2025?

Dime announced five key hires including Ryan Kent as Director of Commercial Strategic Initiatives, Elvis Grgurovic as Co-Head of Mid Corporate vertical, Eric Pelletier as Head of Syndications, and two Senior Vice Presidents in Mid-Corporate and Specialty Finance.

How is Dime Community Bank (DCOM) expanding its commercial lending operations?

Dime is expanding by strengthening its commercial lending platform through hiring seasoned banking professionals to enhance capabilities in mid-corporate lending, specialty finance, and loan syndications.

What is Dime Community Bank's (DCOM) growth strategy for 2025?

Dime's growth strategy focuses on building a diversified commercial loan portfolio and positioning itself as a dynamic, client-focused institution with a flat organizational structure for faster decision-making.

Where did Dime Community Bank's (DCOM) new executives come from?

Most of the new executives, including Ryan Kent, Elvis Grgurovic, Eric Pelletier, and Matt Greene, came from Webster Bank, while Barry Renow joined from BHI USA.
Dime Community Bancshares Inc

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