Dime Community Bancshares Inc
Officers & Directors
Vincent F. Palagiano
Chairman of the Board and Chief Executive Officer
(Principal Executive Officer)
Michael P. Devine
Vice Chairman of the Board
Kenneth J. Mahon
President and Chief Operating Officer and Director
Michael Pucella
Executive Vice President and Chief Accounting Officer
(Principal Financial Officer)
Anthony Bergamo
Director
George L. Clark, Jr.
Director
Dime Community Bancshares Inc currently has 902 employees.
News about Dime Community Bancshares Inc Key Personnel |
In recent developments, Dime Community Bancshares, Inc. (NASDAQ: DCOM) has reaffirmed its commitment to both financial growth and community engagement, as the company announces the expansion of its lending presence on Long Island and the strategic hiring of Antonia (Toni) Badolato as Senior Vice President and Group Leader. This move signals a robust future for the bank, which has consistently distinguished itself amid a competitive financial landscape.Toni Badolato, with her previous experience as Senior Vice President and Group Manager at MandT Bank, brings a wealth of knowledge and expertise to Dime. Her appointment underscores the company s strategic intent to enhance its operational capabilities and capi...
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Dime Community Bancshares Expands Middle Market Lending on Long Island Amid Market Challenges IntroductionDime Community Bancshares, Inc. (NASDAQ: DCOM), the parent company of Dime Community Bank, is making significant strides in expanding its middle market lending presence on Long Island. On September 19, 2024, the company announced the appointment of Jason (Jay) Quinn as Senior Relationship Manager within its commercial and industrial (CandI) lending operations. This strategic move is seen as a pivotal development for the bank, especially as it navigates ongoing market volatility and adjusts its financial strategies. New Leadership in LendingThe hiring of Jay Quinn represents Dime s commitment to enhancin...
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Kroll Bond Rating Agency Affirms Dime Community Bancshares Stable Outlook and Strong Financial Performance; Uninterrupted Dividend Streak Rewards Shareholders
Hauppauge, NY - June 17, 2024 - Dime Community Bancshares, Inc. (NASDAQ: DCOM) and its subsidiary, Dime Community Bank, have received affirmation of their ratings by Kroll Bond Rating Agency (KBRA). The agency maintained Dime Community Bancshares senior unsecured debt rating of BBB+ and Dime Community Bank s senior unsecured debt rating of BBB, reflecting the institutions stability and sound financial position.
This announcement comes as no surprise, considering Dime Community Bancshares recent track record of success and commitment to crea...
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Dime Community Bancshares, Inc. Strengthens Commercial Lending Group with Addition of Industry Veteran Kenneth Scheriff
HAUPPAUGE, N.Y., May 08, 2024 - Dime Community Bancshares, Inc. (NASDAQ: DCOM), the parent company of Dime Community Bank, is excited to announce the hiring of esteemed industry veteran Kenneth Scheriff. Bringing with him a wealth of experience, Mr. Scheriff will join Dime s commercial lending group, further enhancing the bank s capabilities and expanding its reach in the Long Island market. Having enjoyed a successful career at the State Bank of Long Island and most recently at New York Community Bancorp, Mr. Scheriff s appointment reflects Dime s commitment to recruiting top talent to...
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Dime Community Bancshares Inc Announces Expansive Growth Plan Amid Share Decline and Lower ROI
Dime Community Bancshares Inc, a prominent financial institution, recently revealed its expansion strategy for its private and commercial bank. This announcement comes at a time when the company s shares have declined by 15.6% compared to the previous year. Additionally, Dime Community Bancshares Inc experienced a third-quarter return on average invested assets (ROI) of 0.88%, which is below its average ROI of 4.84%.
The decrease in ROI can be attributed to a decline in net income, resulting in a decline compared to the period ending June 30, 2023. Furthermore, within the financial sector, Dime Community Ba...
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Despite the lower ROI, Dime Community Bancshares Inc has recently declared a quarterly cash divid...
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