Dime Community Bancshares, Inc.

Dime Community Bancshares, Inc.

DCOMG
Dime Community Bancshares, Inc.US flagNASDAQ Global Market
25.85
USD
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1.01BMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Stuart H. Lubow
Full Time Employees
851
Sector
Financial Services
Industry
Banks - Regional
Address
898 Veterans Memorial Highway Hauppauge NY United States of America 11788
IPO Date
Jul 2, 2024
Website
dime.com
Business
Dime Community Bancshares, Inc. (NasdaqCM: DCOMG) operates as the holding company for Dime Community Bank, a New York-chartered stock-form savings bank providing a range of banking and financial services to consumers and businesses primarily in the New York metropolitan area. The company offers deposit products including checking, savings, money market, and individual retirement accounts; and lending products such as one-to-four family residential loans, multi-family and commercial real estate loans, construction and land loans, home equity loans, and consumer loans secured by savings deposits. Dime Community Bank also provides commercial business loans, municipal and local government loans, and other financial services including debit cards, online and mobile banking, remote deposit capture, safe deposit boxes, and overdraft protection; through its subsidiary Dime Investment Corporation, the company engages in investment securities trading activities. Headquartered in Hauppauge, New York, the company was founded in 1909 as the Williamsburgh Savings Bank and traces its origins to 1864. Dime Community Bancshares maintains operations across New York, with 58 branches, and focuses on retail customers, small businesses, and commercial clients in the greater New York region. In recent developments, the company completed the acquisition of certain assets and assumption of deposits from Flagstar Bank, N.A. in 2024, expanding its branch network and deposit franchise in key markets; additionally, it announced a strategic partnership with a fintech firm for enhanced digital lending solutions in late 2024.

Company News

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  • Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) Sees Large Decline in Short Interest