Reported Earnings • Jul 24
Second quarter 2026 earnings released: EPS: US$0.75 (vs US$0.64 in 2Q 2025) Second quarter 2026 results: EPS: US$0.75 (up from US$0.64 in 2Q 2025). Revenue: US$112.6m (up 12% from 2Q 2025). Net income: US$33.0m (up 21% from 2Q 2025). Profit margin: 29% (up from 27% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. New Risk • Jul 23
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (€388k sold). Announcement • Jul 15
Dime Commercial Bancshares, Inc. to Report Q2, 2026 Results on Jul 23, 2026 Dime Commercial Bancshares, Inc. announced that they will report Q2, 2026 results Pre-Market on Jul 23, 2026 Upcoming Dividend • Jul 13
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 17 July 2026. Payment date: 24 July 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.2%). Declared Dividend • Jun 29
First quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 17th July 2026 Payment date: 24th July 2026 Dividend yield will be 2.7%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
Dime Commercial Bancshares, Inc.(NYSE:DCOM) dropped from Russell 2000 Dynamic Index Dime Commercial Bancshares, Inc.(NYSE:DCOM) dropped from Russell 2000 Dynamic Index Announcement • Jun 26
Dime Commercial Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on July 24, 2026 Dime Commercial Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on July 24, 2026 to common stockholders of record as of July 17, 2026. The Company continues its trend of uninterrupted dividends. Recent Insider Transactions • Jun 11
Independent Director recently sold €336k worth of stock On the 10th of June, Dennis Suskind sold around 10k shares on-market at roughly €33.65 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. Independent Director Judith Germano was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 18
Dime Community Bancshares, Inc. to Report Q1, 2026 Results on Apr 23, 2026 Dime Community Bancshares, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 23, 2026 Announcement • Apr 17
Dime Announces Managemetn Appointments Dime Community Bancshares, Inc. announced the following hires: Meyer Eichler, previously Executive Vice President and Head of Community Markets at Flagstar, has joined as Executive Vice President, Managing Executive Director, and he will lead a team of bankers. Prior to Flagstar, Mr. Eichler was with predecessor bank Signature for approximately 13 years and he was also a founder and Vice Chairman of Liberty Pointe Bank. John Paglia and John Spagnuolo, previously Group Directors at Flagstar, have joined as Group Directors and will co-lead a team of bankers. Prior to Flagstar, Mr. Paglia and Mr. Spagnuolo were with predecessor bank Signature for approximately 14 years. Toni Valente, previously with The First National Bank of Long Island, has joined as Regional Manager and will have responsibility for branches in Brooklyn, Bronx, Queens and Manhattan. Michael Ragusa, previously with Metropolitan Commercial Bank, has joined as Senior Relationship Manager for the Lakewood, NJ market. Olivia Dossman, previously branch manager with Flagstar in the Lakewood market, has joined as private banking manager for the new Lakewood location. Keith Smith, previously President of Star Hill Financial, will join as Senior Vice President, Head of Equipment and Franchise Finance and lead Dime's newly created Equipment and Franchise Finance vertical. In aggregate, approximately 22 bankers will join Dime as a result of the above hiring. Cora Licht, who has been a key member of Mr. Eichler’s team for many years, has been appointed Managing Director, Senior Vice President at Dime. Announcement • Apr 08
Dime Community Bancshares, Inc.(NYSE:DCOM) dropped from NASDAQ Composite Index Dime Community Bancshares, Inc. has been dropped from the NASDAQ Composite Index Announcement • Mar 26
Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on April 24, 2026 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2026 to common stockholders of record as of April 17, 2026. The Company continues its trend of uninterrupted dividends. Announcement • Feb 24
Dime Community Bancshares, Inc., Annual General Meeting, May 28, 2026 Dime Community Bancshares, Inc., Annual General Meeting, May 28, 2026. Announcement • Jan 21
Dime Community Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2025 Dime Community Bancshares, Inc. reported net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net loan charge-offs of $7,271,000 against $10,611,000 a year ago. Announcement • Jan 14
Dime Community Bancshares, Inc. to Report Q4, 2025 Results on Jan 21, 2026 Dime Community Bancshares, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Jan 21, 2026 Announcement • Nov 22
Dime Community Bancshares, Inc. Appoints Dan Fosina as Senior Vice President, Group Leader As part of the continued execution of its growth plan, Dime Community Bancshares, Inc. announced that Dan Fosina will join Dime as Senior Vice President, Group Leader. Mr. Fosina will spearhead Dime’s middle market commercial banking expansion across the state of New Jersey.
Mr. Fosina was most recently a Market President at Valley Bank, where he focused on growing commercial clients as well as managing teams of bankers. Prior to his tenure at Valley Bank, he spent over fifteen years with KeyCorp where he held various roles with increasing responsibility, including Senior Vice President of Corporate Banking. Announcement • Oct 27
Dime Community Bancshares, Inc. Announces Executive Changes Dime Community Bancshares, Inc. announced that as part of its senior executive succession planning, the company announced the following: Conrad Gunther to retire at the end of 2025; Thomas X. Geisel to assume Mr. Gunther’s responsibilities and appointed Chief Commercial Officer; Avi Reddy, current Chief Financial Officer, to take on additional title of Chief Operating Officer. Announcement • Oct 16
Dime Community Bancshares, Inc. to Report Q3, 2025 Results on Oct 23, 2025 Dime Community Bancshares, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Announcement • Sep 24
Dime Community Bancshares Declares Quarterly Cash Dividend, Payable on October 24, 2025 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on October 24, 2025 to common stockholders of record as of October 17, 2025. The Company continues its trend of uninterrupted dividends. Announcement • Sep 17
Dime Community Bancshares, Inc. Announces Executive Appointments Dime Community Bancshares, Inc. announced the expansion of its commercial lending platform with the addition of several seasoned banking professionals. The following individuals have joined Dime: Ryan Kent has joined as Director of Commercial Strategic Initiatives. He was previously a Senior Manager at Deloitte and prior to that a Senior Managing Director at Webster Bank; Elvis Grgurovic has joined as Co-Head of the Mid Corporate vertical. He was previously a Managing Director at Webster Bank; Eric Pelletier has joined as Head of Syndications. He was previously a Managing Director at Webster Bank; Matt Greene has joined as a Senior Vice President in the Mid-Corporate and Specialty Finance vertical. He was previously a Senior Managing Director at Webster Bank; Barry Renow has joined as Senior Vice President in the Mid-Corporate and Specialty Finance Vertical. He was previously a Senior Vice President at BHI USA. Announcement • Jul 15
Dime Community Bancshares, Inc. to Report Q2, 2025 Results on Jul 24, 2025 Dime Community Bancshares, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 24, 2025 Announcement • Jul 14
Dime Community Bancshares, Inc. Appoints Jason Brenner and Zack Schwartz as Co-Heads of A Newly Established Lender Finance Vertical Dime Community Bancshares, Inc. announced that Jason Brenner and Zack Schwartz were named Co-Heads of a newly established Lender Finance vertical. Brenner was most recently Managing Director and Head of Originations for Non-Real Estate Lender Finance at AXOS Bank. Schwartz was most recently Director and Underwriting Team Lead at First Citizens Bank. Both will be based in Manhattan and report to Shawn Gines, Executive Vice President, Corporate and Specialty Finance. Announcement • Jun 27
Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend on Common Shares, Payable on July 24, 2025 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on July 24, 2025 to common stockholders of record as of July 17, 2025. The Company continues its trend of uninterrupted dividends. Announcement • Jun 18
Dime Community Bancshares, Inc. Appoints Shawn Gines as Executive Vice President, Corporate and Specialty Finance Dime Community Bancshares, Inc. announced that Shawn Gines will join Dime as Executive Vice President, Corporate and Specialty Finance. Mr. Gines will play an integral role in the continued buildout and diversification of Dime’s commercial lending businesses, including growing Dime’s presence with corporate clients and private equity firms, overseeing the recently launchedFund Finance vertical, and building out other specialty verticals which over time will further diversify Dime’s balance sheet. Announcement • May 06
Dime Community Bancshares, Inc. Appoints Michael Watts as Group Leader and Head of Fund Finance Dime Community Bancshares, Inc. appointed Michael Watts as Group Leader and Head of Fund Finance. Led by Michael Watts, the Fund Finance vertical will provide customized fund-level financing to the private equity industry and expand Dime's coverage across this ecosystem. Watts, who will be based in Manhattan, was most recently a Senior Vice President at East West Bank. Announcement • May 01
Dime Community Bancshares, Inc. Hires Solomon Ponniah as Senior Vice President and Group Leader Dime Community Bancshares, Inc. announced that it has hired Solomon Ponniah as Senior Vice President and Group Leader. Solomon comes to Dime with over 15 years of experience in Commercial Lending, most recently as Director of Business Banking at Popular Bank. Announcement • Apr 10
Dime Community Bancshares, Inc. to Report Q1, 2025 Results on Apr 22, 2025 Dime Community Bancshares, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 22, 2025 Announcement • Apr 08
Dime Community Bancshares, Inc., Annual General Meeting, May 22, 2025 Dime Community Bancshares, Inc., Annual General Meeting, May 22, 2025. Location: vitual meeting, United States Announcement • Mar 28
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on April 24, 2025 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2025 to common stockholders of record as of April 17, 2025. Announcement • Mar 22
Dime Community Bancshares, Inc. Hires Antonia Badolato as Senior Vice President and Group Leader Dime Community Bancshares, Inc. announced that it has hired Antonia (Toni) Badolato as Senior Vice President and Group Leader. Toni comes to Dime from M&T Bank where she held the position of Senior Vice President, Group Manager. Announcement • Mar 19
Dime Community Bancshares, Inc. Appoints Jim LoGatto Executive Vice President Dime Community Bancshares, Inc. announced that Jim LoGatto has joined the Company as an Executive Vice President. LoGatto will be responsible for growing Dime’s commercial banking business in Manhattan. Most recently, LoGatto served as Executive Vice President and Director of US Private Banking at Israel Discount Bank of New York. He also held various executive level positions at Wells Fargo Bank and Independence Community Bank. LoGatto began his career at Irving Trust Company and subsequently joined Republic National Bank where he rose to the position of Managing Director. Announcement • Feb 21
Dime Community Bancshares, Inc. Announces Thomas X. Geisel as Senior Executive Vice President of Commercial Lending Dime Community Bancshares, Inc. announced that Thomas X. Geisel will join Dime as Senior Executive Vice President of Commercial Lending. Mr. Geisel will be responsible for the continued buildout and diversification of Dime’s commercial lending business. Mr. Geisel has a diverse financial services background, including leadership experience growing regional banks for more than twenty years. He was President of Corporate Banking, at Webster Bank (formally known as Sterling National Bank). Prior to Sterling National Bank, Mr. Geisel was President, Chief Executive Officer and a Director of Sun Bancorp. Prior to Sun Bancorp, Mr. Geisel was at KeyCorp, including serving as President of the Northeast Region where he was responsible for $20 billion of assets within seven states, including commercial, consumer and private banking. He also helped to build the company’s general M&A investment banking practice in the East and West regions. Most recently, he was recruited to lead a turnaround of Republic First, which culminated in an assisted transaction. Announcement • Jan 23
Dime Community Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2024 Dime Community Bancshares, Inc. reported net charge-offs for the fourth quarter ended December 31, 2024. For the quarter, the company reported net charge-offs of $10,611,000 against $4,555,000 a year ago. Announcement • Jan 11
Dime Community Bancshares, Inc. to Report Q4, 2024 Results on Jan 23, 2025 Dime Community Bancshares, Inc. announced that they will report Q4, 2024 results Pre-Market on Jan 23, 2025 Announcement • Dec 21
Dime Community Bancshares, Inc. Announces Retirement of Michael P. Devine from Board of Directors Dime Community Bancshares, Inc. announced that Michael P. Devine provided notification to the Company that, after a 40-plus year association with Dime, he intends to retire from the Board of Directors ahead of the next annual shareholders meeting. Mr. Devine began his career with The Dime Savings Bank of Williamsburgh (“Dime Savings Bank”) in 1971. Since then, Mr. Devine served in numerous capacities within Dime Savings Bank, most notably as President and Chief Operating Officer, and later as Director and Vice Chairman. Following the closing of the Company’s merger of equals transaction in 2021, Mr. Devine maintained his director role at the pro forma Company. Announcement • Dec 18
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on January 24, 2025 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on January 24, 2025 to common stockholders of record as of January 17, 2025. The Company continues its trend of uninterrupted dividends. Announcement • Nov 14
Dime Community Bancshares, Inc. has completed a Follow-on Equity Offering in the amount of $125 million. Dime Community Bancshares, Inc. has completed a Follow-on Equity Offering in the amount of $125 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,906,250
Price\Range: $32
Discount Per Security: $1.64 Announcement • Nov 13
Dime Community Bancshares, Inc. has filed a Follow-on Equity Offering. Dime Community Bancshares, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock Declared Dividend • Oct 06
Second quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 17th October 2024 Payment date: 24th October 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (65% payout ratio) and is expected to be covered in 3 years' time (30% forecast payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 165% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 05
Dime Community Bancshares, Inc. to Report Q3, 2024 Results on Oct 22, 2024 Dime Community Bancshares, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 22, 2024 Announcement • Sep 27
Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on October 24, 2024 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on October 24, 2024, to common stockholders of record as of October 17, 2024. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €21.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 13% over the past year. New Risk • Aug 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (18% net profit margin). Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$0.43 (vs US$0.66 in 2Q 2023) Second quarter 2024 results: EPS: US$0.43 (down from US$0.66 in 2Q 2023). Revenue: US$81.7m (down 8.9% from 2Q 2023). Net income: US$16.7m (down 34% from 2Q 2023). Profit margin: 20% (down from 28% in 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Announcement • Jul 23
Dime Community Bancshares, Inc. Reports Unaudited Net Charge-Offs Results for the Second Quarter Ended June 30, 2024 Dime Community Bancshares, Inc. reported unaudited net charge-offs results for the second quarter ended June 30, 2024. For the quarter, the company reported net charge-offs of $3,640,000 against $3,679,000 a year ago. Announcement • Jul 12
Dime Community Bancshares, Inc. to Report Q2, 2024 Results on Jul 23, 2024 Dime Community Bancshares, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 23, 2024 Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €18.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 18% over the past year. Declared Dividend • Jul 01
First quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 17th July 2024 Payment date: 24th July 2024 Dividend yield will be 6.0%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 21
Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on July 24, 2024 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on July 24, 2024, to common stockholders of record as of July 17, 2024. The Company continues its trend of uninterrupted dividends. Announcement • Jun 01
Dime Community Bancshares, Inc. Appoints John Murphy as Head for Its Non-Profit Vertical Dime Community Bancshares, Inc. has appointed a head for its non-profit vertical. The firm has appointed John Murphy as group head of the vertical. Murphy will be responsible for building Dime's Not-For-Profit commercial banking business. Announcement • May 24
Dime Community Bancshares, Inc. Hires Judy Wu as Executive Vice President, General Counsel and Corporate Secretary Dime Community Bancshares, Inc. announced that Judy Wu has been appointed Executive Vice President, General Counsel and Corporate Secretary of the Company. Wu most recently served in the Regulatory Compliance and Privacy function of Flagstar Bank. Previously, she was Chief Privacy and Regulatory Compliance Officer and Co-General Counsel at Signature Bank. Wu earned a bachelor’s degree in finance and accounting from NYU, and her law degree from Fordham University School of Law. Reported Earnings • May 05
First quarter 2024 earnings released: EPS: US$0.41 (vs US$0.92 in 1Q 2023) First quarter 2024 results: EPS: US$0.41 (down from US$0.92 in 1Q 2023). Revenue: US$76.8m (down 22% from 1Q 2023). Net income: US$15.6m (down 56% from 1Q 2023). Profit margin: 20% (down from 36% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. New Risk • Apr 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Announcement • Apr 11
Dime Community Bancshares, Inc., Annual General Meeting, May 23, 2024 Dime Community Bancshares, Inc., Annual General Meeting, May 23, 2024, at 10:00 US Eastern Standard Time. Agenda: To consider board elections; to consider ratification of the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024; to consider Approval, by a non-binding advisory vote, of the compensation of the Company’s Named Executive Officers; and to consider Approval of Additional Shares for the Dime Community Bancshares, Inc. 2021 Equity Incentive Plan. Declared Dividend • Apr 08
Fourth quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 16th April 2024 Payment date: 24th April 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (43% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 29
Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on April 24, 2024 Dime Community Bancshares, Inc. announced that its Board of Directors 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. Announcement • Mar 13
Dime Community Bancshares, Inc. Announces Director Appointments for National Deposits Group Dime Community Bancshares, Inc. continues to execute its growth plan and announced the launch of a National Deposits Group. The National Deposits Group will expand Dime’s capabilities into several new deposit-rich verticals including: death care services, escrow servicing, family offices, fund banking, hedge funds, insurance, medical billing, private equity, software, and third party payment processors, while also focusing on several other industries where Dime has a presence. The team has a long history of working together and will focus on gathering low-cost relationship-based deposits. 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. Mr. Carballo will be responsible for business development. Gail Balmaceda and Christian Sanchez will handle day-to-day onboarding and ongoing relationship management. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$2.29 (vs US$3.73 in FY 2022) Full year 2023 results: EPS: US$2.29 (down from US$3.73 in FY 2022). Revenue: US$350.0m (down 15% from FY 2022). Net income: US$87.6m (down 39% from FY 2022). Profit margin: 25% (down from 35% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.46% (down from 3.25% in FY 2022). Non-performing loans: 0.27% (down from 0.32% in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Banks industry in Europe. New Risk • Feb 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Significant insider selling over the past 3 months (€376k sold). Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €17.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in Europe. Reported Earnings • Jan 27
Full year 2023 earnings released: EPS: US$2.29 (vs US$3.73 in FY 2022) Full year 2023 results: EPS: US$2.29 (down from US$3.73 in FY 2022). Revenue: US$350.0m (down 15% from FY 2022). Net income: US$88.8m (down 38% from FY 2022). Profit margin: 25% (down from 35% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Announcement • Jan 17
Dime Community Bancshares, Inc. to Report Q4, 2023 Results on Jan 26, 2024 Dime Community Bancshares, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Jan 26, 2024 Upcoming Dividend • Jan 09
Upcoming dividend of US$0.25 per share at 3.8% yield Eligible shareholders must have bought the stock before 16 January 2024. Payment date: 24 January 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.0%). Announcement • Dec 20
Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on January 24, 2024 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on January 24, 2024 to common stockholders of record as of January 17, 2024. The Company continues its trend of uninterrupted dividends. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €21.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €40.68 per share. Recent Insider Transactions • Nov 21
CEO, COO recently sold €376k worth of stock On the 16th of November, Stuart Lubow sold around 20k shares on-market at roughly €18.80 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stuart's only on-market trade for the last 12 months. New Risk • Oct 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$0.34 (vs US$0.97 in 3Q 2022) Third quarter 2023 results: EPS: US$0.34 (down from US$0.97 in 3Q 2022). Revenue: US$82.6m (down 20% from 3Q 2022). Net income: US$13.2m (down 65% from 3Q 2022). Profit margin: 16% (down from 36% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Announcement • Oct 20
Dime Community Bancshares, Inc. Reports Net Charge-Offs Results for the Third Quarter Ended September 30, 2023 Dime Community Bancshares, Inc. reported net charge-offs results for the third quarter ended September 30, 2023. For the quarter, the company reported net charge-offs of $4,864,000 against $3,932,000 a year ago. Announcement • Oct 06
Dime Community Bancshares, Inc. to Report Q3, 2023 Results on Oct 19, 2023 Dime Community Bancshares, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 19, 2023 Announcement • Sep 06
Dime Community Bancshares, Inc. Appoints Daniel Shaya Csillag as Group Head of Healthcare Vertical Dime Community Bancshares, Inc. announced that Daniel Shaya Csillag will join the company as Group Head of a newly created Healthcare vertical. In this role, Csillag will be responsible for building out Dimes healthcare commercial banking business in the long-term care space. Most recently, Csillag was at Valley National Bank and predecessor institution Bank Leumi, where he was Group Head of Healthcare. He joined Bank Leumi in 2017 to oversee and grow its healthcare commercial banking business. Announcement • Aug 27
Dime Community Bancshares, Inc. Announces Board Changes, Effective September 28, 2023 On August 24, 2023, Marcia Z. Hefter informed the Board of Directors of Dime Community Bancshares, Inc., that she is retiring from the Board of Directors of the Company, for personal reasons, effective September 28, 2023. There were no disagreements between Director Hefter and the Company or the Bank. Director Hefter originally joined the Board of Directors of Bridgehampton National Bank, a predecessor of the Bank, in 1989.On September 28, 2023, Judith H. Germano is expected to be appointed to the Board of Directors of the Company to fill the position vacated by the retirement of Marcia Z. Hefter. Ms. Germano will serve for a term that will expire at the annual meeting of the shareholders of the Company in 2024. Ms. Germano will serve on the Credit Risk, Enterprise Risk, and Strategic Planning Committees of the Board of Directors. Ms. Germano, an attorney, is founder and lead counsel of Germano Law LLC, Montclair, New Jersey, a boutique law firm she founded in 2013. Ms. Germano primarily advises and represents public and privately held companies on cybersecurity, privacy, white-collar criminal, and regulatory compliance matters. She is a Distinguished Fellow at New York University’s (NYU) Center for Cybersecurity, an Adjunct Professor of Law at NYU School of Law, and an Adjunct Professor at NYU Stern School of Business. Ms. Germano previously served with the U.S. Attorney’s Office, District of New Jersey, for eleven years, including as Chief of the Economic Crimes Unit. Ms. Germano also worked with the global law firm of Shearman & Sterling LLP and served as a federal law clerk to judges on the U.S. Court of Appeals, Second Circuit, and the U.S. District Court, District of Connecticut. Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: US$0.66 (vs US$0.94 in 2Q 2022) Second quarter 2023 results: EPS: US$0.66 (down from US$0.94 in 2Q 2022). Revenue: US$89.7m (down 15% from 2Q 2022). Net income: US$25.7m (down 29% from 2Q 2022). Profit margin: 29% (down from 34% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 4.0%. Buying Opportunity • Jul 17
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €21.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 12% in a year. Earnings is forecast to decline by 34% in the next year. Announcement • Jul 07
Dime Community Bancshares, Inc. to Report Q2, 2023 Results on Jul 28, 2023 Dime Community Bancshares, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 28, 2023 Announcement • Jun 30
Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on July 24, 2023 Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on July 24, 2023 to common stockholders of record as of July 17, 2023. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €17.50, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Banks industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €34.70 per share. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €16.40, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Banks industry in Europe. Recent Insider Transactions • May 21
Independent Director recently bought €369k worth of stock On the 17th of May, Albert McCoy bought around 24k shares on-market at roughly €15.52 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.4m more in shares than they bought in the last 12 months. Announcement • May 17
Dime Community Bancshares, Inc Announces the Promotion of Steven Karaman to Corporate Treasurer Dime Community Bancshares, Inc. announced the promotion of Steven Karaman to Corporate Treasurer. Karaman will oversee all aspects of the Company's funding, liquidity, investment portfolio and balance sheet strategy. He will lead the Treasury team and help guide the Bank as it continues to deliver competitive solutions for its clients. Karaman has over 25 years of financial and treasury experience. Most recently, Karaman was involved in all aspects of Dime’s stress testing functions. Prior to joining the Company in 2017, he served as Treasurer of Suffolk County National Bank. He earned a bachelor's degree and an MBA in Banking and Finance from Hofstra University. Announcement • May 12
Dime Announces Upgrades to Technology Platform Dime Community Bancshares, Inc. announced a number of upgrades to its technology platform, including a move to a brand-new escrow management platform as well as enhanced digital banking capabilities. Dime expects to roll out these new capabilities starting in early June. Dime also successfully added several deposit gathering Groups over the past month and continues to capitalize on recent disruption in its marketplace. Board Change • May 04
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Independent Director Paul Aguggia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
