DCOM · Dime Commercial Bancshares, Inc. · Documents

On October 20, 2026, Dime Commercial Bancshares announced a definitive agreement for ES Bancshares, Inc. and its Empire State Bank subsidiary to merge into Dime and Dime Commercial Bank, subject to regulatory and stockholder approvals.

Dime Commercial Bancshares, Inc. declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on November 16, 2026 to holders of record as of November 9, 2026.

DIME posted third-quarter revenue of $135 million and EPS up 53%, and agreed to acquire $600 million asset Empire State Bank with $30 million cash consideration, expecting approximately 3.5% run-rate earnings accretion.

Dime Commercial Bancshares, Inc. agreed to merge with ES Bancshares, Inc. for up to $30.0 million in cash and 720,000 Dime shares, representing approximately $58 million or $8.39 per ES Bancshares common share, subject to shareholder and regulatory approvals.

Dime Commercial Bancshares reported net income available to common stockholders of $39.7 million and diluted EPS of $0.90 for the quarter ended September 30, 2026, with a 3.35% net interest margin and 53% year-over-year EPS growth.

Dime Commercial Bancshares, Inc. declared a quarterly cash dividend of $0.25 per common share, payable on October 23, 2026 to holders of record as of October 16, 2026.