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Dime Announces Continued Partnership for the Dime McCarren 5K in 2025

1. Dime Community Bancshares sponsors the Dime McCarren 5K for the sixth year. 2. Funds will benefit affordable housing and educational programs in Brooklyn. 3. The company has over $13.7 billion in assets and leads in deposit market share.

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FAQ

Why Bullish?

Sponsorship reflects community commitment, potentially boosting investor confidence, similar to past sponsorships enhancing corporate reputation.

How important is it?

Community involvement enhances brand value, suggesting positive influence on stock performance.

Why Short Term?

The immediate impact of community involvement is usually felt quickly, but long-term growth depends on operational performance.

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DGINYCB
January 17, 2025 16:30 ET  | Source: Dime Community Bancshares, Inc. HAUPPAUGE, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that it will return as the lead sponsor for the 6th consecutive year. The Dime McCarren 5K supports St Nick’s Alliance, which supports and manages affordable housing and educational programs for under privileged youth in Brooklyn. 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 $13.7 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 ReddySenior Executive Vice President – Chief Financial OfficerPhone: 718-782-6200; Ext. 5909Email: 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.

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