Recent Updates — DCOMP
The Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company’s 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable on November 16, 2026 to holders of record as of November 9, 2026. Dime Commercial Bancshares, Inc. is the holding company for Dime Commercial Bank, a New York State-charted trust company with approximately $15 billion in assets.
Dime Commercial Bancshares, Inc. entered into a definitive Agreement and Plan of Merger with ES Bancshares, Inc., under which Dime will acquire Empire State Bank's parent company. The transaction values the deal at approximately $58 million, or $8.39 per share, based on Dime’s 10-day volume-weighted average price of $38.55. Consideration consists of $30.0 million in cash and 720,000 shares of Dime common stock, with ES Bancshares shareholders able to elect their form of payment subject to proration. The merger is expected to close in the first quarter of 2027, pending regulatory approvals and shareholder consent. Dime Commercial Bancshares, Inc. operates as a commercial bank holding company focused on business banking in New York.
Dime Commercial Bancshares reported net income available to common stockholders of $39.7 million, or $0.90 per diluted share, for the quarter ended September 30, 2026, a 53% increase from the prior year's $0.59 per share. Record quarterly revenue reached $135 million, driven by net interest income of $121.2 million and an expanded net interest margin of 3.35%. The company also announced its intention to acquire ES Bancshares, Inc., parent of Empire State Bank. Dime Commercial Bancshares is the holding company for Dime Commercial Bank.
Dime Commercial Bancshares announced its Board of Directors declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable August 14, 2026, to holders of record as of August 7, 2026. The company is a financial holding company for Dime Commercial Bank, operating in the banking industry.
Dime Commercial Bancshares, Inc. reported net income of $33.0 million and diluted EPS of $0.75 for the quarter ended June 30, 2026. The company achieved record quarterly revenue of $126 million, driven by net interest margin expansion to 3.28% and strong growth in business loans, which increased by $743.0 million year-over-year. Additionally, the company announced plans to resume share buybacks in the third quarter of 2026. Dime Commercial Bancshares is a financial holding company that operates Dime Commercial Bank, providing commercial and private banking services.
Dime Commercial Bancshares, Inc. declared a quarterly cash dividend of $0.25 per common share, which is payable on July 24, 2026, to holders of record as of July 17, 2026. The company is a financial services provider operating in the banking industry.