Dime Community Bancshares, Inc. (DCOM) — ESG & Values Scores

Environment story

DCOM is a regional bank with no disclosed Scope 1, Scope 2, or Scope 3 greenhouse gas emissions data, environmental sustainability targets, or net-zero commitments. The company's 10-K contains no quantitative climate metrics, renewable energy disclosures, or carbon reduction initiatives. Banking sector environmental impact is primarily indirect through lending portfolio composition; DCOM holds significant CRE and multifamily real estate exposure (59% of loans) that may carry embedded climate and physical asset risks, particularly given concentration in NYC/Long Island markets vulnerable to coastal flooding and climate impacts. No environmental audit trails, sustainability reports, or third-party ESG certifications were disclosed. The company does acknowledge environmental liability risk in Item 1A risk factors but provides no mitigation strategies. Deduction applied for undisclosed Scope 3 emissions, absent net-zero target, and no verified decarbonization initiatives.

Criticisms on file

Environmental liability risk associated with lending activities. Company acknowledges in 10-K Item 1A that foreclosed real property may contain hazardous or toxic substances, creating potential remediation costs and liabilities. No proactive environmental review protocols or climate risk stress-testing of loan portfolio disclosed.
Source: DCOM 10-K, Item 1A Risk Factors, 'Environmental Liability Risk'

Disclosed initiatives

No disclosed initiatives on file for this pillar.

Social story

DCOM employed 902 FTE as of December 31, 2025. The company states it is an equal opportunity employer and maintains no union representation (902 employees non-unionized). The 10-K confirms a commitment to hiring from diverse backgrounds and building a diverse workforce, but provides NO quantitative disclosure of workforce diversity metrics (gender, race/ethnicity), CEO-to-median-worker pay ratio, employee turnover rate, safety statistics, or diversity in leadership/board. Compensation guidance exists (Section 956 Dodd-Frank prohibition on excessive risk-based incentive compensation) but no disclosed pay equity audits. The company offers comprehensive benefits, wellness programs, tuition reimbursement, and internship pipelines, signaling positive human capital investment. No labor disputes, strikes, or NLRB complaints disclosed. Supply-chain labor practices are not addressed. Major absence: zero quantitative DEI metrics, pay gap data, or third-party diversity certifications (HRC CEI score not disclosed). Deduction applied for lack of diversity transparency despite stated commitment; CEO pay ratio unknown.

Criticisms on file

No quantitative diversity disclosure (gender, race/ethnicity representation at workforce or leadership level). Despite stated commitment to building diverse teams, company provides zero percent breakdown of female/URG employees or executives in 10-K.
Source: DCOM 10-K, Item 1 Business, 'Human Capital Resources' section lacks all DEI metrics.

Disclosed initiatives

Equal Opportunity Employment & Diversity Commitment

Company states hiring decisions are unbiased and seeks to build diverse teams; maintains commitment to retaining employees through competitive compensation and professional development. Offers 8-week summer internship program through local colleges.

Stated commitment to inclusive hiring practices and employee development, but no quantitative outcomes disclosed.
Comprehensive Employee Benefits & Wellness

Company sponsors wellness programs and offers comprehensive benefits package covering physical, mental, and financial health.

Positive employee support infrastructure; quantified impact not provided.
Career Development & Tuition Reimbursement

Maintains equity incentive plans, internal training programs, and tuition reimbursement for job-related education.

Supports employee upskilling and retention; impact not quantified.

Governance story

DCOM operates under a single-class common stock structure with no identified dual-class voting rights or founder supermajority lock-in. Board independence percentage is not disclosed in the 10-K. The company is subject to extensive federal and state banking regulation (FRB, NYSDFS, CFPB, FDIC) with periodic examinations and CRA compliance monitoring; most recent CRA rating (July 15, 2024) was 'Outstanding.' No active antitrust proceedings, consumer-fraud litigation, privacy fines, or SEC consent decrees are disclosed. The company filed certain reports with the SEC but is not identified as a Dodd-Frank Section 165 systemically important financial institution (SIFI) requiring CCAR stress testing. Lobbying expenditures are not disclosed in the 10-K. No identified shareholder activism, climate litigation, or governance controversies. The company faces standard banking regulation and compliance risk, including potential CFPB examination authority (assets >$10 billion) and BSA/AML enforcement exposure. Pension settlement loss of $7.2M recorded in Q1 2025 and $1.2M in 2024, but no indication of underfunding or governance failure. Board composition and independence not disclosed; inability to verify >75% independence threshold results in deduction.

Criticisms on file

Pension settlement losses recorded: $7.2M (Q1 2025) and $1.2M (2024). While not indicative of mismanagement, periodic pension liabilities represent contingent governance/financial risk.
Source: DCOM 10-K, MD&A, 'Non-Interest Expense' section, fiscal years 2025 and 2024.
Board independence percentage not disclosed in 10-K. Unable to verify compliance with corporate governance best-practice standard of >80% independence or identify specific board composition.
Source: DCOM 10-K does not contain explicit board independence disclosure or board committee composition.

Disclosed initiatives

Community Reinvestment Act (CRA) Compliance

Bank designated as 'Outstanding' on July 15, 2024 CRA examination by Federal Reserve Bank of New York. Company maintains affirmative obligation to meet credit needs of entire community, including low and moderate-income neighborhoods.

Demonstrates strong CRA compliance and community-focused lending; supports access-to-credit mandate.
Cybersecurity & Information Security Program

Company subject to NYSDFS cybersecurity regulations (March 2017, amended November 2023). Maintains Chief Information Security Officer (CISO), written cybersecurity policies, and safeguards for customer information and systems.

Compliance with state and federal information security standards; risk management framework in place.
Anti-Money Laundering & BSA Compliance

Maintains compliance program for Bank Secrecy Act, USA PATRIOT Act, and related counter-terrorist financing statutes. Implements internal controls, customer due diligence, and suspicious activity reporting.

Required regulatory compliance; reduces illicit financial activity risk.
Fair Lending Compliance

Subject to CRA, Equal Credit Opportunity Act, Fair Housing Act, and other fair lending laws. Company enforces nondiscriminatory lending requirements.

Compliance with fair lending mandate; CFPB examination authority (assets >$10B).

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Dime Community Bancshares, Inc.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Dime Community Bancshares, Inc. in the app for interactive charts and portfolio building.

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