Dime Commercial Bancshares, Inc. operates as the holding company for Dime Commercial Bank, providing comprehensive commercial banking and financial services primarily in the New York metropolitan area, including Greater Long Island, Brooklyn, Queens, and Manhattan. The company's core business model revolves around gathering retail and commercial deposits to fund its lending activities. Its loan portfolio is heavily concentrated in commercial real estate (CRE), multi-family residential mortgages, and commercial and industrial (C&I) loans, alongside residential mortgages and construction loans. Dime also offers specialized lending in verticals such as healthcare and not-for-profit organizations. On the deposit side, the bank provides time, savings, and demand deposits, along with cash management services, merchant credit and debit card processing, and online banking. The company generates revenue primarily through net interest income—the difference between the interest earned on its loan and securities portfolios and the interest paid on deposits and borrowings. In 2021, the company significantly expanded its footprint and capabilities through a merger of equals with Bridge Bancorp, Inc., and in 2026, it rebranded from Dime Community Bancshares to Dime Commercial Bancshares to reflect its growing focus on middle-market commercial banking.
