Dime Community Bancshares, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Stuart H. Lubow
- Full Time Employees
- 902
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 898 Veterans Memorial Highway Hauppauge NY United States of America 11788
- IPO Date
- Jan 12, 1999
- CIK
- 0000846617
- Website
- dime.com
- Similar Companies
- Business
- Dime Community Bancshares, Inc. serves as the parent entity for Dime Community Bank, providing a diverse array of commercial banking and specialized financial solutions. The institution gathers various deposit types, including demand, savings, and time accounts, from local businesses, individual consumers, and municipal organizations. The bank's lending portfolio encompasses commercial real estate loans, multi-family residential mortgages, individual home mortgage loans, both secured and unsecured commercial and personal credit facilities, home equity products, and construction and land development financing. Furthermore, it strategically allocates capital across a range of investments, such as mortgage-backed securities from government-sponsored enterprises like Fannie Mae, Ginnie Mae, and Freddie Mac, collateralized mortgage obligations, other asset-backed instruments, U.S. Treasury obligations, New York state and local government bonds, and corporate debt. Beyond traditional banking, Dime Community Bank delivers comprehensive services like certificate of deposit account registry programs, insured cash management solutions, merchant processing for credit and debit cards, ATM access, sophisticated treasury management, lockbox processing, extensive online and mobile banking capabilities, remote deposit capture, secure safe deposit boxes, and individual retirement accounts. The company also facilitates investment products and services through a third-party broker-dealer and offers title insurance brokerage. Recent strategic initiatives include expanding its commercial lending platform with new hires and a focus on diversifying its loan portfolio. With a strong presence across Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx, the bank currently operates approximately 60 branch locations, emphasizing relationship banking and local expertise. Dime Community Bancshares, Inc. was established in 1910 and maintains its corporate headquarters in Hauppauge, New York.
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