Dime Community Bancshares IncDime Community Bancshares Inc - ESG Rating & Company Profile powered by AI

Industry Group:Banks

If you work at Dime Community Bancshares Inc and you would like to use your Sustainability rating, please get in touch. The SDG rating for Dime Community Bancshares Inc indicates its transparency towards the UN Sustainable Development Goals. The report of Dime Community Bancshares Inc was prepared by All Street Sevva using proprietary artificial intelligence.

Dime Community Bancshares Inc in the Banks industry gained a UN SDG ESG Transparency Score of 2.2; made up of an environmental score of 3.4, social score of 0.0 and governance score of 3.0.

SDG Transparency Score for Dime Community Bancshares Inc 

2.2

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Dime Community Bancshares Inc 
3.4

Environmental

0.0

Social

3.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Landesbank Baden Wuerttemberg
9.5
High
1UniCredit Bank Austria AG
9.5
High
.........
1584Sandy Spring Bancorp Inc
2.3
Medium
1584Societe Tunisienne de Banque SA
2.3
Medium
1619Dime Community Bancshares Inc
2.2
Medium
1619HV Bancorp Inc
2.2
Medium
1619Golden State Bank
2.2
Medium
.........
2219sakartvelos bank'i ss
0.0
Low
2219AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

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Potential Risks for Dime Community Bancshares Inc
These potential risks are based on the size, segment and geographies of the company.

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.

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