Basswood Capital Management, a director by deputization at Dime Community Bancshares, sold 44,402 shares indirectly for approximately $1.8 million across multiple open-market transactions on June 12, 15, and 16, 2026. The sale represents just 3% of its pre-transaction holdings, leaving the firm with 1,008,723 indirect shares and 317,662 direct shares. Dime Community Bancshares reported a 67% year-over-year increase in earnings per share to $0.75 in the first quarter, with net income available to common shareholders rising to $32.8 million. Core deposits grew nearly $1 billion from a year earlier, and the bank's net interest margin widened to 3.21%. CEO Stuart Lubow highlighted plans to rebrand as Dime Commercial Bank later this year as part of an ongoing growth strategy.
Dime Community Bancshares, Inc.Insider sale by a director, but small relative to holdings; strong earnings and deposit growth offset.