Dime Community Bancshares, Inc. 8-K Filing Highlights Key Financial Updates
Based on the provided XML section from the financial report of Dime Community Bancshares, Inc., here are the key pieces of information extracted:
- Entity Information:
- Company Name: Dime Community Bancshares, Inc.
- CIK Number: 0000846617
- Address: 898 Veterans Memorial Highway, Suite 560, Hauppauge, NY 11788
- Phone Number: 631-537-1000
- SEC Filing Details:
- Filing Type: 8-K
- Filing Date: December 17, 2024
- SEC File Number: 001-34096
- Employer Identification Number (EIN): 11-2934195
- Stock Information:
- Common Stock:
- Par Value: $0.01
- Ticker Symbol: DCOM (NASDAQ)
- Preferred Stock:
- Series A
- Par Value: $0.01
- Ticker Symbol: DCOMP (NASDAQ)
- Junior Subordinated Notes:
- Interest Rate: 9.000%
- Par Value: $25.00
- Ticker Symbol: DCOMG
- Stock Classifications:
- Series A Preferred Stock
- Common Stock
- Fixed-to-Floating Rate Subordinated Notes
- Reporting Period: The report covers a specific duration of December 17, 2024.
Insights:
- The company is actively reporting on multiple classes of securities, indicating a structured capital management strategy.
- The presence of both common and preferred stocks along with subordinated notes suggests a diverse financing approach to attract different types of investors.
- The 9.000% interest on the junior subordinated notes indicates a potentially higher risk profile, which may attract investors looking for higher yields.
- As this is an 8-K filing, it likely pertains to significant events or changes that might affect the company's financial standing or operations, indicating a moment of importance for stakeholders.
This information is crucial for investors and analysts assessing the company's financial health and investment potential.