Luse Gorman Served as Legal Counsel to Dime Community Bancshares, Inc. in its $75.0 Million Public Offering of Preferred Stock

February 7, 2020

On February 5, 2020, Dime Community Bancshares, Inc. (“Dime”) completed an underwritten public offering of $75.0 million of its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share, with a liquidation preference of $25.00 per share. Dime raised approximately $72.2 million in the offering, net of underwriting discounts and expenses.