1. Dime sponsored the American Heart Association Heart Walk 2025 on Long Island.
2. Jeffrey Barber appointed Chairman of this year's Heart Walk.
3. Dime has over $14 billion assets, leading in deposit market share.
4. Community engagement may boost brand reputation and customer trust.
5. The article has forward-looking statements regarding potential risks.
Sponsoring community events can enhance brand visibility and customer loyalty, similar to how other banks have benefited from corporate social responsibility initiatives.
How important is it?
The initiative showcases Dime's commitment to community welfare, which can attract new clients and enhance shareholder trust.
Why Short Term?
The immediate public relations benefits and community engagement from the Heart Walk may drive short-term increases in customer interest and deposits.
HAUPPAUGE, N.Y., Sept. 30, 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 sponsored the American Heart Association Heart Walk for 2025 on Long Island. Jeffrey Barber, Executive Vice President, was chosen as the Chairman of this year's Heart Walk.
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 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.