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Dime Commercial Bancshares to Acquire ES Bancshares in Strategic Merger

PUBLIC · DCOMOct 20, 2026

Acquiring Company

Dime Commercial Bancshares

Acquired Company

ES Bancshares

HauppaugeMarylandFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

On October 19, 2026, Dime Commercial Bancshares, Inc. entered into a definitive merger agreement with ES Bancshares, Inc. This merger will see ES Bancshares merge with Dime, with Dime as the surviving entity, along with the subsequent merger of their respective banking subsidiaries. The boards of both companies have unanimously approved the transaction, which aims to enhance banking services and market reach.

Quick answer

Dime Commercial Bancshares is acquiring ES Bancshares, announced October 19, 2026. Dime Commercial Bancshares is based in Hauppauge, New York, United States.

How much did Dime Commercial Bancshares pay for ES Bancshares?
The deal value was not disclosed.
What does Dime Commercial Bancshares do?
Dime Commercial Bancshares, Inc. is a financial institution primarily engaged in the commercial banking sector, providing a range of financial services.
Where are Dime Commercial Bancshares and ES Bancshares based?
Dime Commercial Bancshares is based in Hauppauge, New York, United States. ES Bancshares is based in Maryland, United States.

Source: Fundz verified event record.

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Company Information

Company

Dime Commercial Bancshares

Location

Hauppauge, New York, United States

About

Dime Commercial Bancshares, Inc. is a financial institution primarily engaged in the commercial banking sector, providing a range of financial services. The bank offers products such as deposits, loans, and investment services to businesses and consumers. Its operations are mainly focused in New York, where it serves various markets through multiple branches. The company is committed to enhancing its financial services through strategic growth initiatives, including the issuance of preferred and subordinated notes to bolster its capital structure. With a proactive approach to expanding its presence in the competitive banking landscape, Dime aims to meet the evolving needs of its customers.

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Frequently asked

Who acquired ES Bancshares?

ES Bancshares was acquired by Dime Commercial Bancshares, based in Hauppauge. The deal was reported on October 20, 2026. Dime Commercial Bancshares, Inc. is a financial institution primarily engaged in the commercial banking sector, providing a range of financial services. Dime Commercial Bancshares is publicly traded (DCOM) and operates in Financial Services.

When did Dime Commercial Bancshares acquire ES Bancshares?

Dime Commercial Bancshares's acquisition of ES Bancshares was reported on October 20, 2026. On October 19, 2026, Dime Commercial Bancshares, Inc. entered into a definitive merger agreement with ES Bancshares, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ES Bancshares do?

ES Bancshares, Inc. is a Maryland-based corporation that operates through its wholly owned subsidiary, Empire State Bank. The company provides banking services including loans and deposit accounts tailored to meet the needs of its customers. It is privately held, operating in Financial Services, and is based in Maryland.

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