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Director of Dime Community Bancshares (NASDAQ:DCOM), Raymond A. Nielsen, sold 1,000 shares of common stock on September 8, 2025, at a price of $30.92, for a total transaction value of $30,920. The regional bank, currently valued at $1.36 billion, has maintained dividend payments for 29 consecutive years, offering investors a 3.23% yield. According to InvestingPro analysis, the stock is trading near its Fair Value, with a notably high P/E ratio of 35x.
Following the transaction, Nielsen directly owns 38,184.683 shares of Dime Community Bancshares. Additionally, Nielsen indirectly owns 520 shares through his wife. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. For deeper insights into DCOM’s financial health and growth prospects, including 8 additional exclusive ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
Megan Hickey, as attorney in fact, signed on behalf of Raymond A. Nielsen.
In other recent news, Dime Community Bancshares reported its second-quarter earnings for 2025, exceeding analyst expectations. The company achieved an earnings per share (EPS) of $0.64, surpassing the forecasted $0.63, resulting in a positive surprise of 1.59%. Additionally, Dime Community outperformed revenue projections by reporting $109.7 million, compared to the anticipated $106.96 million, which represents a 2.56% surprise. These earnings and revenue results are significant for investors, reflecting the company’s financial performance in the recent quarter. There were no announcements regarding mergers or acquisitions during this period. Analyst firms have not recently upgraded or downgraded the company’s stock. As these developments unfold, stakeholders are closely monitoring Dime Community’s financial health and strategic decisions.
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