1. DCOM awarded a grant to Transitional Services for Long Island. 2. TSLI provides housing support to disadvantaged groups in Suffolk County. 3. Dime is a top community bank with over $14 billion in assets. 4. The news highlights DCOM's community engagement and social responsibility. 5. Forward-looking statements may imply future uncertainties for DCOM.
FAQ
Why Bullish?
DCOM's grant demonstrates commitment to community support, potentially boosting investor confidence.
How important is it?
Community grants are likely to enhance DCOM's reputation but may not drastically affect stock prices immediately.
Why Long Term?
Investments in community initiatives can lead to stronger customer loyalty and brand reputation over time.
HAUPPAUGE, N.Y., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank"), announced that Dime has awarded a grant to Transitional Services for Long Island ("TSLI"). TSLI provides housing and support services to adults, families, and homeless individuals in Suffolk County.
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 $14 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 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 community banks with less than $20 billion in assets.
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.
