Dime Community Bancshares prices $125M public offering of 3.9M shares at $32.00/sh

Dime Community Bancshares, Inc. /NY/

Priced 3,906,250 common shares at $32.00; underwriters have 30-day option for 585,937 additional shares.
Gross proceeds of $125M; net proceeds ~$117.9M (~$135.7M if overallotment exercised).
Net proceeds for general corporate purposes: organic growth, working capital, bank investments, balance sheet optimization.
Offering expected to close on or about November 13, 2024; joint book-runners Raymond James and KBW.
Offering made under effective shelf registration statement (File No. 333-264390).

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