Piper Sandler Initiates Coverage on Dime Community Bancshares

Analysts set $37 price target, citing growth potential for the savings and loans company.

Mar. 16, 2026 at 2:38pm

Stock analysts at Piper Sandler have initiated coverage on shares of Dime Community Bancshares (NASDAQ:DCOM), setting an "overweight" rating and a $37.00 price target on the stock. The target price points to a potential upside of 15.18% from the company's previous close.

Why it matters

Dime Community Bancshares is a regional bank focused on commercial and multifamily real estate lending in the New York metropolitan area. Piper Sandler's positive coverage and price target suggest the analysts see growth potential for the company, which could be of interest to investors.

The details

In their research note, Piper Sandler analysts cited Dime Community Bancshares' strong lending activities and local decision-making as factors supporting their "overweight" rating. Other analysts have also recently issued positive views on the stock, with Keefe, Bruyette & Woods and DA Davidson raising their price targets in recent months.

  • Piper Sandler initiated coverage on Dime Community Bancshares on Monday, March 16, 2026.

The players

Piper Sandler

An investment bank and asset management firm that provides research coverage on Dime Community Bancshares.

Dime Community Bancshares

A regional bank holding company headquartered in Hauppauge, New York, focused on commercial and multifamily real estate lending in the New York metropolitan area.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

Piper Sandler's initiation of coverage on Dime Community Bancshares with a positive rating and price target suggests the analysts see growth potential for the regional bank, which could be of interest to investors looking for exposure to the commercial real estate lending market in the New York metropolitan area.