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CORRECTION -- Dime Community Bank to Rebrand as Dime Commercial Bank
Globenewswire· 2026-02-23 22:48
Company to Transfer Listing of Its Securities to New York Stock ExchangeHAUPPAUGE, 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 ...
Dime Community Bank to Rebrand as Dime Commercial Bank Company to Transfer Listing of Its Securities to New York Stock Exchange
Globenewswire· 2026-02-23 22:04
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 ...
Dime Community Bancshares CEO Sells 25K Shares Amid Capital Strategy Changes
The Motley Fool· 2026-02-22 11:45
Core Viewpoint - Dime Community Bancshares' CEO, Stuart H. Lubow, sold 25,026 shares after a strong Q4 performance in 2025, indicating potential confidence in the company's future despite the sale [1][9]. Transaction Summary - The sale of 25,026 shares was valued at $878,000, with a weighted average purchase price of $35.09 per share [2]. - Post-transaction, Lubow's direct ownership decreased by 9.91%, leaving him with 202,648 shares [5]. Company Overview - Dime Community Bancshares reported a total revenue of $409.90 million and a net income of $101.51 million for the trailing twelve months (TTM) [4]. - The company has a dividend yield of 2.92% and a 1-year price change of 8.97% as of February 21, 2026 [4]. Market Data - The market capitalization of Dime Community Bancshares is $1.5 billion, with a current stock price change of 0.68% [6]. - The stock has a 52-week range of $23.25 to $36.86, indicating significant price movement over the past year [6]. Executive Ownership - In addition to the shares sold, Lubow holds 5,439 indirect shares through a 401k plan and 19,499 shares through his spouse, along with 8,000 shares of preferred stock [7]. Company Actions - Dime announced a repurchase plan for approximately 1.5 million common shares, which may enhance stock value, although completion is not guaranteed [8]. Financial Performance - The company experienced a 159.40% year-over-year increase in revenue for Q4 FY 2025, marking the largest increase since Q2 2021 [9]. - Dime's stock has risen approximately 14% in 2026 as of February 21, 2026 [9].
Dime(DCOM) - 2025 Q4 - Annual Report
2026-02-20 22:01
Commission file number 001-34096 Dime Community Bancshares, Inc. (Exact name of registrant as specified in its charter) | New York | 11-2934195 | | --- | --- | | (State or other jurisdiction of incorporation or organization) | (I.R.S. employer identification number) | | 898 Veterans Memorial Highway, Suite 560, Hauppauge, NY | 11788 | | (Address of principal executive offices) | (Zip Code) | Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT P ...
Dime Awards Grant to LIEOC for Community Services
Globenewswire· 2026-02-17 14:50
Core Insights - Dime Community Bancshares, Inc. has awarded a grant to Long Island Economic Opportunity Collaborative to support academic and vocational training opportunities aimed at enhancing personal growth, career advancement, and social mobility in Nassau and Suffolk counties [1] Company Overview - Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, which is a New York State-chartered trust company with approximately $15 billion in assets [2] - The company holds the number one deposit market share among community banks in Greater Long Island [2][3]
Banking on Yield? Here's How We Scored Dime Community Bancshares (DCOM) Dividend
247Wallst· 2026-02-09 13:51
Group 1 - Regional banks are maintaining consistent dividend payouts, indicating financial stability in the sector [1] - Dime Community Bancshares has declared a dividend of 25 cents per share [1]
Dime Announces Intention to Redeem Subordinated Debt and Reauthorization of Share Repurchase Plan
Globenewswire· 2026-01-26 12:37
Core Viewpoint - Dime Community Bancshares, Inc. is executing a redemption of $40 million in subordinated debentures as part of its capital management strategy, reflecting a strong capital position and liquidity profile [1] Group 1: Redemption of Debentures - The company plans to redeem all outstanding $40,000,000 principal amount of Fixed/Floating Subordinated Debentures due 2030 on March 30, 2026 [1] - The redemption will be funded with cash on hand and is expected to be accretive to earnings per share (EPS) [1] Group 2: Share Repurchase Program - The Board of Directors has reauthorized a share repurchase program allowing the repurchase of up to 1,566,947 outstanding common shares [2] - The timing and amount of repurchases will depend on market conditions, regulatory approvals, and other factors [2] Group 3: Financial Strength and Growth - CEO Stuart H. Lubow emphasized the company's confidence in its financial strength and long-term prospects, noting a Total Capital Ratio exceeding 16% [3] - The company has the flexibility to manage capital efficiently while supporting organic growth [3] Group 4: Company Overview - Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, which has approximately $15 billion in assets [3] - The bank holds the number one deposit market share among community banks in Greater Long Island [3]
Dime Community Bancshares, Inc. (NASDAQ: DCOM) Sees Positive Analyst Outlook and Strong Earnings
Financial Modeling Prep· 2026-01-22 23:00
Core Viewpoint - Dime Community Bancshares, Inc. (NASDAQ: DCOM) has demonstrated strong financial performance, exceeding market expectations, and is positioned for potential growth with a favorable price target set by analysts [2][4][6]. Financial Performance - The company reported an earnings per share (EPS) of $0.79 for the quarter, surpassing analysts' estimates of $0.70 by $0.09 [4]. - Dime Community generated revenue of $123.85 million, exceeding the expected $118.14 million, indicating robust financial health [4]. - The return on equity stands at 7.81%, with a net margin of 8.72%, reflecting effective management and profitability [5]. Stock Performance - DCOM recently reached a new 52-week high, peaking at $34.45, with the last trading price at $32.72, showing a significant increase from the previous close of $30.12 [3]. - The stock's trading volume exceeded 1.1 million shares, indicating strong investor interest and confidence in the company's prospects [3]. Analyst Outlook - Peter Winter from D.A. Davidson set a price target of $39 for DCOM, suggesting a potential upside of approximately 14.03% from its trading price of $34.20 [2][6]. Shareholder Value - The company announced a quarterly dividend of $0.25 per share, amounting to an annual dividend of $1 per share, payable on January 23rd to investors recorded by January 16th [5][6].
Dime Community Bancshares, Inc. (NASDAQ:DCOM) Capital Utilization Analysis
Financial Modeling Prep· 2026-01-22 02:00
Core Insights - Dime Community Bancshares, Inc. (DCOM) is a significant player in the U.S. banking sector, providing various financial services [1] - DCOM's Return on Invested Capital (ROIC) is 4.43%, while its Weighted Average Cost of Capital (WACC) is 15.63%, resulting in a ROIC to WACC ratio of 0.28, indicating insufficient returns to cover capital costs [2] - Comparatively, Flushing Financial Corporation (FFIC) has a negative ROIC of -2.36% and a WACC of 16.81%, leading to a less favorable ROIC to WACC ratio of -0.14 [2] - Brookline Bancorp, Inc. (BRKL) and OceanFirst Financial Corp. (OCFC) also show negative and low ROIC to WACC ratios of -0.08 and 0.15, respectively, highlighting inefficiencies in capital utilization [3] - In contrast, CVB Financial Corp. (CVBF) has a ROIC of 5.80% and a WACC of 9.25%, resulting in a more favorable ROIC to WACC ratio of 0.63, indicating better capital efficiency [3] - City Holding Company (CHCO) leads with a ROIC of 30.02% and a WACC of 8.02%, achieving a remarkable ROIC to WACC ratio of 3.74, showcasing superior capital utilization among peers [3] - Overall, while DCOM maintains a positive ROIC, its capital utilization performance is less effective compared to peers like CVBF and CHCO [4]
Dime Community (DCOM) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2026-01-21 22:20
分组1 - Dime Community (DCOM) reported quarterly earnings of $0.79 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and showing a significant increase from $0.42 per share a year ago, resulting in an earnings surprise of +12.86% [1] - The company achieved revenues of $123.78 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 5.42%, and up from $100.05 million in the same quarter last year [2] - Dime Community has outperformed the S&P 500, with shares increasing about 0.1% since the beginning of the year, while the S&P 500 has declined by 0.7% [3] 分组2 - The earnings outlook for Dime Community is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Dime Community was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.78 on revenues of $120.38 million, and for the current fiscal year, it is $3.52 on revenues of $513.7 million [7] 分组3 - The Zacks Industry Rank indicates that the Banks - Southeast industry is currently in the top 31% of over 250 Zacks industries, suggesting that companies in the top half of the rankings tend to outperform those in the bottom half by more than 2 to 1 [8]