Bank of America Corp DE Purchases New Position in Dime Community Bancshares, Inc. $DCOM

Bank of America Corp DE recently acquired 236,932 shares of Dime Community Bancshares, Inc. (NASDAQ:DCOM), valued at approximately $9.6 million, representing 0.54% of the company. Other institutional investors have also adjusted their holdings, with institutional ownership of DCOM reaching 75.27%. Dime Community Bancshares reported strong earnings, matching EPS estimates and exceeding revenue expectations, while also declaring a quarterly dividend of $0.25 per share.