Dime Honored as Lending Partner of The Year by NHSNYC
Dime Community Bancshares Recognition: Dime Community Bancshares, Inc. has been named the Lending Partner of the Year by Neighborhood Housing Services of New York City, with the award ceremony scheduled for October 7, 2025.
Company Overview: Dime Community Bancshares is a New York State-chartered trust company with over $14 billion in assets and holds the top deposit market share among community banks on Greater Long Island.
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Grant Awarded: Dime Community Bancshares, Inc. has awarded a grant to Long Island Cares to support services for the food insecure in Nassau and Suffolk counties.
Company Overview: Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the top deposit market share among community banks in Greater Long Island.
Executive Succession Announcement: Dime Community Bancshares, Inc. announced that Conrad Gunther will retire at the end of 2025, with Thomas X. Geisel appointed as Chief Commercial Officer to take over his responsibilities.
Expanded Roles for Executives: Avi Reddy, currently the Chief Financial Officer, will also assume the role of Chief Operating Officer, reflecting his expanded responsibilities in managing client-facing deposit businesses and strategic initiatives.
Conrad Gunther's Contributions: Gunther has had a successful 50-year career in commercial banking, significantly contributing to Dime's transformation into a diversified commercial bank since joining in 2017.
Company Overview: Dime Community Bancshares, Inc. is a New York State-chartered trust company with over $14 billion in assets, holding the top deposit market share among community banks in Greater Long Island.

Financial Performance: Dime Community Bancshares reported a net income of $25.8 million for Q3 2025, a decrease from $27.9 million in Q2 2025, but a significant increase from $11.5 million in Q3 2024. The adjusted net income was $26.6 million, with an adjusted EPS of $0.61.
Growth in Deposits and Loans: The company experienced strong growth in core deposits, which increased by $971.9 million year-over-year, and business loans grew by $409.1 million. The net interest margin rose to 3.01%, with expectations for further increases in Q4.
Recruitment and Expansion: Dime Community Bancshares has made several key hires in commercial lending and branch management, and successfully opened a new branch in Manhattan, with plans for additional locations in New Jersey and Long Island in early 2026.
Credit Quality and Capital Management: Non-performing loans increased to $72.1 million, while the company recorded a credit loss provision of $13.3 million. Stockholders' equity rose to $1.45 billion, and all regulatory capital ratios remained above required levels.
Dime Community Bancshares' Support for Alzheimer's Association: Dime Community Bancshares, Inc. is participating in the Walk to End Alzheimer's on Long Island on October 4, 2025, demonstrating their commitment to supporting the Alzheimer's Association.
Company Overview: Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the largest deposit market share among community banks in Greater Long Island.
New Branch Opening: Dime Community Bancshares, Inc. has opened a full-service branch at 232 Madison Avenue in Manhattan after receiving all necessary regulatory approvals.
Leadership and Strategy: The branch will be managed by Lisa Reardon, and the company's leadership emphasizes this expansion as part of a strategic growth plan in a key market.

Strong Financial Performance: Dime Community Bancshares, Inc. reported a significant increase in net income for Q2 2025, reaching $27.9 million, driven by growth in core deposits, business loans, and improved net interest margin, alongside a positive outlook following a rating upgrade.
Strategic Expansion and Management Changes: The bank is expanding geographically with new branches planned and has made key executive hires to enhance its lending capabilities, while also focusing on improving operational efficiency and managing expenses effectively.




