DCOM

Dime Community Bancshares Declares Quarterly Cash Dividend for Series A Preferred Stock

Retrieved on: 
Thursday, April 25, 2024

HAUPPAUGE, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on May 15, 2024 to holders of record as of May 8, 2024.

Key Points: 
  • HAUPPAUGE, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on May 15, 2024 to holders of record as of May 8, 2024.

Dime Community Bancshares to Release Earnings on April 23, 2024

Retrieved on: 
Thursday, April 11, 2024

HAUPPAUGE, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended March 31, 2024 before the open of the U.S. equity markets on Tuesday, April 23, 2024.

Key Points: 
  • HAUPPAUGE, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter ended March 31, 2024 before the open of the U.S. equity markets on Tuesday, April 23, 2024.
  • The Company will conduct a conference call at 9:00 a.m. (ET) on Tuesday, April 23, 2024, during which President and Chief Executive Officer (“CEO”), Stuart Lubow, will discuss the Company’s first quarter financial performance.
  • Participants may access the conference call via webcast using this link: Webcast Link Here.
  • A replay of the conference call and webcast will be available on-demand which will be available for 12 months.

Dime Bolsters C&I Middle Market Lending Operations

Retrieved on: 
Thursday, April 11, 2024

HAUPPAUGE, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that it has hired Klaudio Nikolla as Senior Vice President and Group Leader within its middle market C&I lending operations.

Key Points: 
  • HAUPPAUGE, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that it has hired Klaudio Nikolla as Senior Vice President and Group Leader within its middle market C&I lending operations.
  • Klaudio comes to Dime from Peapack-Gladstone Bank where he held the position of Senior Managing Director.
  • “I joined Dime given my confidence in their ability to respond to customers quickly, combined with their flat organizational structure and commitment to growing the C&I business.
  • Stuart H. Lubow, President and Chief Executive Officer of Dime said, “hiring Klaudio to help drive our growth in middle market lending is a win for Dime.

Dime Announces Expansion of Private and Commercial Bank With Deposit-Focused Group Hires

Retrieved on: 
Tuesday, April 9, 2024

HAUPPAUGE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced the hiring of six deposit-focused Groups from the former Signature Bank and its successor, Flagstar Bank.

Key Points: 
  • HAUPPAUGE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced the hiring of six deposit-focused Groups from the former Signature Bank and its successor, Flagstar Bank.
  • Commenting on the new Group hires, Stuart H. Lubow, President and Chief Executive Officer of Dime, said, “Building upon the successes we had over the past year, we are excited to announce the addition of several deposit-focused Groups.
  • Including the hires announced today, we have added more than twelve deposit-focused Groups over the past twelve months to capitalize on the disruption in our marketplace.
  • The hires announced today will deepen our presence in Brooklyn and Nassau county, where we are the pre-eminent community commercial bank, and allows us to enter the strategically important market of Westchester.

Dime Sponsors Economic Opportunity Council on Long Island

Retrieved on: 
Thursday, April 4, 2024

HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it will sponsor the Economic Opportunity Council (EOC) of Suffolk County.

Key Points: 
  • HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it will sponsor the Economic Opportunity Council (EOC) of Suffolk County.
  • The EOC supports homeless prevention and family development on Long Island.

Dime Announces Availability of Zelle® for Business Customers

Retrieved on: 
Friday, March 29, 2024

HAUPPAUGE, N.Y., March 29, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today the launch of Zelle® for Business.

Key Points: 
  • HAUPPAUGE, N.Y., March 29, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today the launch of Zelle® for Business.
  • Commenting on the launch of Zelle® for Business, Michael Fegan, Chief Technology and Operations Officer at Dime said “We are very excited to launch Zelle® for business today.
  • It reinforces Dime’s commitment to bring top-tier technology and solutions to our Private & Commercial banking customers.
  • Our business customers will gain the ability to have payments sent directly to their eligible Dime Business Checking account, typically within minutes.”

Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock

Retrieved on: 
Thursday, March 28, 2024

HAUPPAUGE, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2024 to common stockholders of record as of April 17, 2024.

Key Points: 
  • HAUPPAUGE, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2024 to common stockholders of record as of April 17, 2024.
  • The Company continues its trend of uninterrupted dividends.

Dime Announces Significant Expansion of Private and Commercial Bank With Launch of National Deposits Group

Retrieved on: 
Tuesday, March 12, 2024

HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group.

Key Points: 
  • HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group.
  • The new National Deposits Group will consist of:
    Martin Ball – Head of National Deposits.
  • Mr. Ball was previously Head of National Deposits at Valley Bank and prior to that an EVP of Bank OZK
    Glen Carballo – Director of National Deposits.
  • With the launch of the National Deposits Group, our Private and Commercial Bank will have another growth engine in the years ahead.”

Dime Continues Sponsorship for Sunrise Day Camp

Retrieved on: 
Friday, March 8, 2024

HAUPPAUGE, N.Y., March 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it will continue its sponsorship in 2024 with Sunrise Day Camp, located on Long Island, which supports children with cancer and their siblings.

Key Points: 
  • HAUPPAUGE, N.Y., March 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it will continue its sponsorship in 2024 with Sunrise Day Camp, located on Long Island, which supports children with cancer and their siblings.

Dime Continues Participation in Federal Home Loan Bank of New York’s (FHLBNY) Small Business Recovery Grant Program

Retrieved on: 
Monday, February 26, 2024

HAUPPAUGE, N.Y., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it will continue to participate in the FHLBNY Small Business Recovery Grant Program, created to support qualifying small businesses and non-profit organizations in New York facing difficulties due to economic conditions.

Key Points: 
  • HAUPPAUGE, N.Y., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it will continue to participate in the FHLBNY Small Business Recovery Grant Program, created to support qualifying small businesses and non-profit organizations in New York facing difficulties due to economic conditions.