Dime Community Bancshares to Rebrand as Dime Commercial Bank and Transfer Listing to NYSE

Key Developments Announced That May Impact Shareholders and Share Price

Hauppauge, N.Y., February 23, 2026: Dime Community Bancshares, Inc. (“Dime”), the parent company of Dime Community Bank, has announced a significant rebranding initiative and a strategic move to transfer its securities listing to the New York Stock Exchange (NYSE). These developments are subject to shareholder approval and carry potential implications for both current and prospective investors.

Key Highlights from the Announcement

• Rebranding Initiative: Pending shareholder approval at the upcoming Annual Shareholder Meeting on May 28, 2026, Dime Community Bancshares, Inc. will change its name to Dime Commercial Bancshares, Inc. Similarly, its banking subsidiary will be renamed Dime Commercial Bank.
• Transfer of Listing: The company will transfer the listing of its securities from its current exchange to the New York Stock Exchange (NYSE). This transfer is expected to take place on or around April 7, 2026.
• Investor Presentation: In conjunction with these changes, the company has released an investor presentation to provide further details to the investment community.
• Market Position: Dime Community Bancshares is a New York State-chartered trust company with approximately \$15 billion in assets and holds the number one deposit market share on Greater Long Island among community banks with less than \$20 billion in assets, covering Kings, Queens, Nassau, and Suffolk counties.

Shareholder Considerations and Potential Share Price Impact

• Shareholder Vote: The changes to the company and bank names are subject to approval by shareholders at the Annual Meeting scheduled for May 28, 2026. Shareholders will have a direct say in the strategic direction and brand positioning of the company.
• NYSE Listing: The planned transfer to the NYSE could potentially enhance the company’s visibility, improve liquidity in its shares, and attract a broader institutional investor base, all of which may positively influence share valuation.
• Rebranding Implications: A rebrand to “Dime Commercial Bank” is likely intended to better reflect the company’s business focus and may be aimed at strengthening its market presence among commercial clients. This repositioning could have long-term competitive advantages.
• Market Leadership: Dime’s position as the top deposit market share holder in Greater Long Island underlines its financial strength and entrenched customer base, which are important considerations for investors.
• Forward-Looking Statements: The company notes that statements about the rebranding, NYSE transfer, and other anticipated outcomes are forward-looking and subject to risks and uncertainties. Actual results may differ materially.

Contact Information

Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: [email protected]

Summary

The announced rebranding and transfer to the NYSE are significant strategic moves for Dime Community Bancshares. These steps could potentially improve its market profile, attract more investors, and increase share liquidity. Shareholders should pay close attention to the upcoming Annual Meeting and the vote on the company’s name change, as well as monitor the impact of the NYSE transfer on trading volumes and share price.

Disclaimer: This news article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional financial advisors before making any investment decisions. All forward-looking statements are subject to risks and uncertainties, and actual outcomes may differ materially from those anticipated.

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