Fitch Affirms Dime Community's Ratings at 'BBB'; Outlook Stable

April 7, 2015 6:37 PM

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(The following statement was released by the rating agency) NEW YORK, April 07 (Fitch) Fitch Ratings has affirmed the long- and short-term Issuer Default Ratings (IDRs) for Dime Community Bancshares, Inc. (DCOM) and its principal banking subsidiary, Dime Savings Bank of Williamsburgh at 'BBB'/'F2'.

The Rating Outlook is Stable. A full list of ratings actions is provided at the end of this release. Fitch reviewed DCOM as part of its Niche Bank Peer Review, which also includes Astoria Financial Corporation, Inc., Emigrant Bancorp, Inc., and New York Community Bancorp, Inc. Niche banks are define...

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