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 – DCOMP
On the day this news was published, DCOMP declined 1.23%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
DCOMP is up 2.29% with elevated volume, while peers show mixed moves: OZKAP, HBANL, and HBANM are modestly positive, BWBBP is down 1.61%, and WSBCP is flat. This points to a stock-specific reaction to the NYSE transfer rather than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 25 | Dividend declaration | Positive | -0.5% | Quarterly cash dividend of $0.25 per share announced. |
| Mar 24 | Marketing sponsorship | Positive | -1.7% | New sponsorship deal with LPGA golfer Lexi Thompson. |
| Mar 16 | Growth hire | Positive | +1.8% | Hire of Michael Ragusa to support Lakewood expansion. |
| Mar 02 | Leadership elevation | Positive | +2.1% | Elevation of Charlie Terrasi to head Investor CRE and Multifamily. |
| Mar 02 | Leadership promotion | Positive | +2.1% | Promotion of Jeffrey Barber to head Middle Market C&I Lending. |
Recent corporate and branding news has often seen mixed reactions, with some positive alignment and some divergences on otherwise constructive updates.
Over the last month, Dime reported several corporate developments. On Mar 25, it declared a $0.25 quarterly cash dividend, continuing an uninterrupted dividend trend, but the stock slipped 0.54%. A sponsorship of LPGA golfer Lexi Thompson on Mar 24 saw a 1.71% decline. By contrast, growth-focused personnel moves on Mar 16 and Mar 2 coincided with gains of 1.77% and 2.11%, suggesting investors have reacted more favorably to expansion and leadership announcements than to marketing or dividend news.
Market Pulse Summary
This announcement details Dime’s decision to transfer all publicly traded securities to the NYSE beginning April 7, 2026, while keeping existing tickers for common, preferred, and subordinated notes. Historically, the company has highlighted steady dividends and strategic personnel moves, with mixed short-term price reactions. Investors may focus on how the new listing venue affects liquidity, research coverage, and long-term positioning, alongside upcoming earnings and regulatory disclosures.
Key Terms
new york stock exchange regulatory
fixed-to-floating rate subordinated notes financial
ticker symbols technical
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.
