Dime Commercial Bancshares CTO Michael Fegan sells $98,462 in stock

Chief Technology & Operations Officer Michael Fegan of Dime Commercial Bancshares sold 2,355 shares of the company's stock on October 22, 2026, at a price of $41.81 per share, resulting in a total sale amount of $98,462. This sale comes as the company's stock has increased 63.5% over the past year, trading near its 52-week high.

Despite this transaction, Fegan still owns 25,618 shares of the company. Dime Community Bancshares has reported stronger-than-expected third-quarter 2026 results, with earnings per share of $0.91 and revenue of $135.35 million, surpassing analyst expectations. DA Davidson has raised its price target for the company to $50.00, maintaining a Buy rating, and highlights the bank's transition to a more profitable commercial bank model.

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