---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-116300"
form_type: "8-K"
ticker: "DCOM"
cik: "0000846617"
company_name: "Dime Community Bancshares, Inc. /NY/"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:33:11.059087+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dime Community Bancshares launches $125M common stock offering; targets balance sheet repositioning and growth

## Summary
- Offering of $125M primary common stock with 15% over-allotment; bookrunners Raymond James and KBW.
- Proceeds to finance potential sale of ~$400M low-yielding AFS securities (1.25%) and ~$100M BOLI policies.
- Capital also supports organic growth initiatives: new Middle Market C&I, Healthcare, and Not-for-Profit lending teams.
- Dime has added 61 deposit bankers since March 2023, citing market disruption from M&A and bank failures.
- Pro forma CET1 ratio rises ~70bp to 10.9% and TCE ratio to 8.0% after raise and planned optimization.

## SEC filing metadata
- accession: 0001104659-24-116300
- form_type: 8-K
- ticker: DCOM
- cik: 0000846617
- company_name: Dime Community Bancshares, Inc. /NY/
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846617/000110465924116300/0001104659-24-116300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846617/000110465924116300/tm2428102d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-116300
- JSON: https://secwatch.observer/filing/0001104659-24-116300.json
- Plain text: https://secwatch.observer/filing/0001104659-24-116300.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.