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Dime Awards Grant to Junior Achievement

MWN-AI** Summary

Dime Community Bancshares, Inc. (NASDAQ: DCOM) has made a significant contribution to community development by awarding a grant to Junior Achievement of Long Island. Announced on December 23, 2025, this initiative underlines Dime's commitment to enhancing financial literacy, career readiness, and entrepreneurship education, particularly in low-to-moderate income communities. Junior Achievement's programs aim to empower young individuals by equipping them with essential skills needed for financial independence and economic success.

Dime Community Bancshares serves as the parent company for Dime Community Bank, a prominent financial institution chartered in New York, holding more than $14 billion in assets. The bank has established itself as a leader among community banks on Greater Long Island, boasting the highest deposit market share in its category according to recent reports. This recognition reflects Dime's solid foundation in the region and its active role in fostering local economic growth.

The grant to Junior Achievement aligns with Dime's broader mission of supporting community initiatives that promote financial education and entrepreneurship. As part of its strategy, Dime demonstrates how community banks can influence social change by investing in the educational foundations of upcoming generations.

In addition to its community-focused endeavors, Dime Community Bancshares also regularly communicates financial and operational updates to its stakeholders, embodying transparency and engagement.

This commitment to community support underscores Dime's belief in the importance of preparing future leaders and entrepreneurs, ensuring they have the necessary tools to thrive in an increasingly competitive economic landscape. As challenges and uncertainties shape the financial outlook, Dime’s proactive approach to responsibility and growth remains a notable aspect of its corporate ethos.

MWN-AI** Analysis

Dime Community Bancshares, Inc. (NASDAQ: DCOM) has made a strategic move by awarding a grant to Junior Achievement of Long Island. This initiative underscores Dime's commitment to supporting financial literacy and education in low-to-moderate income communities, which is increasingly important in today’s economic climate.

From a market perspective, this grant may bolster Dime's community reputation, enhancing customer loyalty and potentially attracting new clientele. By focusing on financial literacy and entrepreneurship, Dime aligns its values with a growing trend where consumers favor socially responsible institutions. Investors might find the bank's proactive approach beneficial as it could lead to an increase in customer base and deposits, further entrenching Dime's market share in the competitive landscape of Greater Long Island.

Dime's market dominance is bolstered by its leading deposit market share among community banks in its region, with assets exceeding $14 billion. This grants Dime both the capital and the responsibility to lead community initiatives, thereby strengthening its brand equity.

However, investors should remain cautious. The forward-looking statements in the announcement signal potential volatility, with the bank exposed to risks such as economic downturns or regulatory changes that may affect its philanthropic investments.

Overall, a focus on community through initiatives like the Junior Achievement grant could position Dime favorably in the long term, enhancing both financial performance and market perception. For investors, monitoring customer response to these initiatives, alongside traditional financial metrics, will be crucial for evaluating Dime’s future growth potential. As of now, Dime remains a compelling option for those looking to invest in a bank that prioritizes its community and demonstrates both financial acumen and social responsibility.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

HAUPPAUGE, N.Y., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that Dime has awarded a grant to Junior Achievement of Long Island in support of their mission to provide financial literacy, career readiness, and entrepreneurship education for low-to-moderate income communities.

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in assets and the number one deposit market share among community banks on Greater Long Island (1).

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

 ¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.

FORWARD-LOOKING STATEMENTS
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.


FAQ**

How does the awarding of the grant to Junior Achievement of Long Island align with Dime Community Bancshares Inc.'s overall corporate social responsibility strategy, especially in relation to the “Dime Community Bancshares Inc. 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 DCOMG”?

The grant to Junior Achievement of Long Island aligns with Dime Community Bancshares Inc.'s corporate social responsibility strategy by supporting financial literacy and community development, which enhances their reputation and fulfills the social impact goals outlined in their subordinated notes offering.

What financial impact does Dime Community Bancshares Inc. anticipate from the initiative to support financial literacy through partnerships like the one with Junior Achievement, particularly concerning the "Dime Community Bancshares Inc. 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 DCOMG"?

Dime Community Bancshares Inc. anticipates that its initiative to support financial literacy, particularly through partnerships like Junior Achievement, will enhance community engagement and brand loyalty, potentially leading to increased investor confidence and stronger performance of the subordinated notes.

Can you elaborate on how the grant awarded to Junior Achievement will influence Dime Community Bancshares Inc.'s reputation and customer engagement, considering the “Dime Community Bancshares Inc. 9.000% Fixed-to-Floating Rate Subordinated Notes due 20DCOMG”?

The grant to Junior Achievement enhances Dime Community Bancshares Inc.'s reputation as a socially responsible institution, potentially boosting customer engagement and loyalty while positively reflecting on the stability of its fixed-to-floating rate subordinated notes.

In what ways does Dime Community Bancshares Inc. plan to measure the success of the grant to Junior Achievement of Long Island concerning its long-term growth and stability, especially as it relates to the “Dime Community Bancshares Inc. 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 DCOMG”?

Dime Community Bancshares Inc. plans to measure the success of the grant to Junior Achievement of Long Island through metrics such as increased financial literacy among youth, community engagement, and long-term impacts on local economic growth, thereby enhancing stability and investor confidence in its subordinated notes.

**MWN-AI FAQ is based on asking OpenAI questions about Dime Community Bancshares Inc. 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ: DCOMG).

Dime Community Bancshares Inc. 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034

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