STOCK TITAN

Dime Community Bancshares, Inc. Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A - DCOMP STOCK NEWS

Welcome to our dedicated page for Dime Community Bancshares Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A news (Ticker: DCOMP), a resource for investors and traders seeking the latest updates and insights on Dime Community Bancshares Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A stock.

Dime Community Bancshares, Inc. is the largest community bank headquartered in Brooklyn, New York, with a history dating back to 1864. The bank specializes in commercial mortgage finance in the NY metro area and operates 24 full-service branches across Brooklyn, Queens, Nassau, and the Bronx. Dime Community Bancshares Inc, as a holding company, gathers deposits from customers and invests them in various loan types, mortgage-backed securities, government obligations, and corporate securities. The recent news of Dime includes the addition of industry veteran Martin Ball to lead the National Deposits Group and the expansion of their Commercial Online Banking platform to facilitate international wires and real-time foreign currency rate requests.

Rhea-AI Summary
Dime Community Bancshares, Inc. (Nasdaq: DCOM and DCOMP) will return as the lead sponsor for the 5th consecutive year for the Dime McCarren 5K, supporting St Nick’s Alliance and their efforts in affordable housing and educational programs for underprivileged youth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
partnership
-
Rhea-AI Summary
Dime Community Bancshares, Inc. (Nasdaq: DCOM) continues as lead sponsor for the 8th consecutive year of the Brooklyn Public Library PowerUP! Competition, supporting small businesses in Brooklyn.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
-
Rhea-AI Summary
Dime Community Bancshares, Inc. (Nasdaq: DCOM) declares a quarterly cash dividend of $0.25 per share of Common Stock, continuing its trend of uninterrupted dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
dividends
Rhea-AI Summary
Dime Community Bancshares declares quarterly cash dividend of $0.34375 per share on its Preferred Stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
dividends
-
Rhea-AI Summary
Dime Community Bancshares, Inc. reports net income of $13.2 million for Q3 2023, compared to $25.7 million in Q2 2023 and $37.7 million in Q3 2022. Average deposits increased by $128 million on a linked quarter basis. Non-interest expenses were $59.5 million in Q3 2023, compared to $52.2 million in Q2 2023. Non-performing loans decreased by 16% from the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
-
Rhea-AI Summary
Dime Community Bancshares, Inc. to release Q3 earnings on October 19, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
Rhea-AI Summary
Dime Community Bancshares declares quarterly cash dividend of $0.25 per share, continuing its trend of uninterrupted dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.59%
Tags
dividends
-
Rhea-AI Summary
Dime Community Bancshares appoints Judith H. Germano to the Board of Directors, bringing extensive cybersecurity and risk management experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.59%
Tags
management
-
Rhea-AI Summary
Marcia Z. Hefter retires from Dime Community Bancshares, Inc. Board of Directors. Her long-standing service and leadership contributed to the company's growth. Dime now has 59 branches from Montauk to Manhattan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.59%
Tags
management
Rhea-AI Summary
Dime Community Bancshares announces the appointment of Daniel Shaya Csillag as Group Head of Healthcare vertical, aiming to build out Dime's healthcare commercial banking business in the long-term care space.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none

FAQ

What is the current stock price of Dime Community Bancshares Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A (DCOMP)?

The current stock price of Dime Community Bancshares Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A (DCOMP) is $19.15 as of December 26, 2024.

What is Dime Community Bancshares, Inc. known for?

Dime is known for being the largest community bank headquartered in Brooklyn, New York, and specializing in commercial mortgage finance.

Where does Dime Community Bancshares, Inc. operate its full-service branches?

Dime operates full-service branches throughout Brooklyn, Queens, Nassau, and the Bronx.

What types of loans does Dime Community Bancshares Inc invest in?

Dime invests in multifamily residential, commercial real estate, commercial and industrial (C&I) loans, and one-to-four family residential real estate loans.

What recent enhancements did Dime make to its Commercial Online Banking platform?

Dime expanded its Commercial Online Banking platform to allow clients to initiate international wires in USD and foreign currency, offer real-time foreign currency rate requests, and become an active member of the SWIFT Network.

Who recently joined Dime to lead the National Deposits Group?

Industry veteran Martin Ball recently joined Dime to lead the National Deposits Group.

What growth plan is Dime Community Bancshares, Inc. focused on executing?

Dime is focused on executing its growth plan by providing business customers with effective tools to run their businesses and continuing to expand its market presence.

What sets Dime apart in the Brooklyn market according to McDonough and Diconimakis?

According to McDonough and Diconimakis, Dime's single point of contact approach, best-in-class technology, and flat organizational structure set it apart in the Brooklyn market.

Dime Community Bancshares, Inc. Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A

Nasdaq:DCOMP

DCOMP Rankings

DCOMP Stock Data

2.61M
19.36%
Banks - Regional
National Commercial Banks
Link
United States of America
HAUPPAUGE