Press Release

Dime Community Bancshares to Release Earnings on January 26, 2017

Company Release - 1/5/2017 2:00 PM ET

BROOKLYN, N.Y., Jan. 05, 2017 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq:DCOM) (the "Company") today announced that the Company expects to release its earnings for the quarter and fiscal year ended December 31, 2016 after the closing of the U.S. equity markets on Thursday, January 26, 2017.

ABOUT DIME COMMUNITY BANCSHARES, INC.

The Company had $5.82 billion in consolidated assets as of September 30, 2016, and is the parent company of Dime Community Bank (the “bank”). The bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-five branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. More information on the Company and the bank can be found on Dime's website at www.dime.com.

Contact: Anthony Rose, Executive Vice President and Director of Investor Relations, 718-782-6200, extension 5260.

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Source: Dime Community Bancshares, Inc.