Will Dime’s New Locust Valley Branch and Leadership Boost Its Local Edge? (DCOM)

Simplywall
2025.11.19 18:55
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Dime Community Bancshares plans to open a new branch in Locust Valley in 2026, led by Liz Materia, formerly of The First National Bank of Long Island. This expansion aims to strengthen customer relationships and market positioning, despite potential short-term costs and risks. The company projects significant revenue and earnings growth by 2028, with a fair value estimate of $36.00 per share, indicating a 36% upside. However, challenges include managing increased costs and local risks, with fair value opinions ranging from $13.66 to $48.17 per share.