Every material Form 8-K Dime Community Bancshares filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Dime Community Bancshares said Conrad Gunther, its commercial banking executive since 2017, will retire at the end of 2025, with Thomas X. Geisel taking over his responsibilities as Chief Commercial Officer. Avi Reddy, the current Chief Financial Officer, will also take on the additional title of Chief Operating Officer, and the company described these moves as part of a senior executive succession plan.
Conrad Gunther to retire at the end of 2025 after a career the company says spans over 50 years
Thomas X. Geisel assumes Gunther's responsibilities and is appointed Chief Commercial Officer; the transition occurs over the next couple of months
Avinash (Avi) Reddy keeps his CFO role and adds the title of Chief Operating Officer, in recognition of an expanded role covering client-facing deposit businesses since 2024
Dime Community Bancshares reported third-quarter 2025 net income available to common stockholders of $25.8 million, or $0.59 per diluted share, up from $11.5 million, or $0.29, a year earlier but down from $27.9 million, or $0.64, in the second quarter. Net interest margin rose to 3.01%, while non-performing loans increased to $72.1 million from $53.2 million at June 30, 2025.
Diluted EPS of $0.59 compared with $0.64 in Q2 2025 and $0.29 in Q3 2024
Net interest margin of 3.01%, up from 2.98% in Q2 2025 and 2.50% in Q3 2024
Non-interest expense of $62.2 million, up from $60.3 million in Q2 2025; loss due to pension settlement recorded in the nine-month period
Non-performing loans of $72.1 million at September 30, 2025, up from $53.2 million at June 30, 2025
Dime Community Bancshares reported net income available to common stockholders of $27.9 million, or $0.64 per diluted share, for the quarter ended June 30, 2025, compared with $0.43 per diluted share in the second quarter of 2024. Net interest margin rose to 2.98% from 2.41% a year earlier, and non-performing loans fell to $53.2 million from $58.0 million at March 31, 2025.
Net income available to common stockholders was $27.9 million, or $0.64 per diluted share, versus $19.6 million, or $0.45, in the first quarter of 2025 and $16.7 million, or $0.43, in the second quarter of 2024
Net interest margin was 2.98%, compared with 2.95% in the first quarter of 2025 and 2.41% in the second quarter of 2024
Non-interest expense was $60.3 million, down from $65.5 million in the first quarter of 2025, which included a $7.2 million loss due to pension settlement
Non-performing loans were $53.2 million at June 30, 2025, compared with $58.0 million at March 31, 2025
Dime Community Bancshares promoted Elizabeth DiGangi, its Senior Vice President and Controller, to Chief Accounting Officer effective April 24, 2025. The filing states no new compensation arrangements for her at this time.
Elizabeth DiGangi, 41, promoted to Chief Accounting Officer effective April 24, 2025
She has been the Bank's Controller since March 2024 and joined the Bank's accounting team in July 2019
Prior to joining the Bank, she spent nearly 10 years at Suffolk Credit Union as Controller and in various accounting roles
No new compensation arrangements for Ms. DiGangi at this time
Dime Community Bancshares reported first quarter 2025 net income available to common stockholders of $19.6 million, or $0.45 per diluted share, compared with a net loss in the fourth quarter of 2024 and $15.9 million in the first quarter of 2024. Results included $7.2 million of pre-tax expenses from final settlements tied to the termination of a legacy pension plan, and the company reported adjusted EPS of $0.57 excluding certain items.
Diluted EPS of $0.45 for the quarter ended March 31, 2025, versus $(0.54) for the quarter ended December 31, 2024 and $0.41 for the quarter ended March 31, 2024
Net interest margin rose to 2.95% from 2.79% in the prior quarter; net interest income was $94.2 million
Pre-tax pension settlement expense of $7.2 million; adjusted EPS (non-GAAP) of $0.57
Earnings call scheduled for 8:30 a.m. ET on April 22, 2025
Dime Community Bancshares reported a net loss available to common stockholders of $22.2 million, or $(0.54) per diluted share, for the quarter ended December 31, 2024, compared with net income of $11.5 million, or $0.29 per share, in the prior quarter. The loss reflected a $42.8 million pre-tax loss on the sale of securities and $9.1 million of income tax expense tied to the surrender of legacy BOLI assets, even as net interest income rose to $91.1 million. For full-year 2024, net income available to common stockholders was $21.8 million, or $0.55 per diluted share, down from $88.8 million, or $2.29, in 2023.
Q4 2024 net loss available to common stockholders was $22.2 million, or $(0.54) per diluted share, versus net income of $11.5 million, or $0.29, in Q3 2024.
Net interest income rose to $91.1 million from $79.9 million in Q3 2024; net interest margin was 2.79%, up from 2.50%.
Q4 2024 included a $42.8 million pre-tax loss on sale of securities and $9.1 million of income tax expense related to the BOLI surrender.
Full-year 2024 net income available to common stockholders was $21.8 million, or $0.55 per diluted share, compared with $88.8 million, or $2.29, in 2023.
Director Michael Devine told Dime Community Bancshares and Dime Community Bank on January 8, 2025 that he will retire from both boards effective April 24, 2025. The filing supplements a December 23, 2024 8-K that first announced his retirement, and it does not name a successor.
Michael P. Devine will retire from the boards of the Company and the Bank effective April 24, 2025.
Devine notified the company on January 8, 2025.
The filing supplements the 8-K filed December 23, 2024, which first announced the retirement.
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