MIL-OSI Global: To truly understand Pope Francis’ theology – and impact – you need to look to his life in Buenos Aires

Source: The Conversation – Global Perspectives – By Fernanda Peñaloza, Senior Lecturer in Latin American Studies, University of Sydney

Pope Francis’ journey from the streets of Flores, a neighbourhood in Buenos Aires, Argentina, to the Vatican, is a remarkable tale.

Born in 1936, Jorge Bergoglio was raised in a middle-class family of Italian Catholic immigrants.

Bergoglio defied his mother’s wish for him to become a medical doctor and chose instead to pursue priesthood, a calling he felt during confession. The young man joined the Jesuits in the 1950s, attracted to the order’s vow of poverty and its ethos of serving others and living simply.

He became a priest in 1969, Archbishop of Buenos Aires in 1998, and took on the papacy in 2013. As Pope Francis, his dedication to social justice was deeply rooted in the Latin American context.

The region’s history of inequality, poverty and political upheaval greatly influenced his perspective.

The young Argentinian priest

Bergoglio, a devoted supporter of the San Lorenzo soccer team, was also a confident tango dancer, mate drinker, and an unconditional admirer of his compatriot, Jorge Luis Borges, one of the most influential writers of the 20th century.

In 1965, the two men collaborated on the publication of short stories written by Bergoglio’s literature students. The students had been inspired by a seminar led by Borges, organised by the young priest.

Borges thought highly of Bergoglio, finding him charming and intelligent. For Borges, Bergoglio was a Jesuit through and through, noting the clerics of that order had been historically transgressive as well as possessors of a good sense of humour.

While Borges never saw him transformed into Pope Francis, his observations somehow fit with the respect Bergoglio earned as a global leader.

Theology of the people

As Archbishop of Buenos Aires, he lived modestly, often taking public transport and dedicating himself to the poor and disenfranchised. He personally attended the needs of underprivileged neighbourhoods known as villas miseria (literally “misery towns”) in Argentine Spanish.

He was a vocal opponent to economic inequality. During the 2001 Argentine economic crisis he advocated for the rights and dignity of impoverished citizens.

Pope Francis hails from a region deeply influenced by the progressive movements of Catholic priests and nuns, who were significantly inspired by liberation theology during the 1960s in Latin America.

Liberation theology developed in Latin America during the latter part of the 20th century, as a reaction to significant political and theological transformations in the area. It believed in political liberation for the oppressed, inspired by the Cuban Revolution and Second Vatican Council by Pope John XXIII, both in 1959.

While Francis did not fully subscribe to the tenets of liberation theology, much of his dedication to social justice aligns with its ideals. Pope Francis’ social awareness was deeply shaped by the “theology of the people”.

Distinct to Argentina, and emerging in the 1960s, the theology of the people shared liberation theology’s focus on social justice, but is devoid of Marxist ideology, and emphasises the dignity and agency of the marginalised and the impoverished.

During Argentina’s dictatorial regime from 1976–83, Bergoglio led the Jesuits. But he did not adopt the highly dangerous stance of full opposition typical among liberation theologians elsewhere in Argentina and other parts of Latin America.

Commenting on Latin American affairs

In his early years as the Pope, he resonated with progressive Catholics across Latin America, because of his grounding in Argentinian theology and his focus on social justice. But in recent years, his popularity in some Latin American countries declined.

In Argentina, this dip in enthusiasm is partly attributed to his decision not to visit, despite travelling to neighbouring nations.

More profoundly, the decline likely stems from his fixed stance against contentious issues such as same-sex marriage and abortion. To the disappointment of many Argentines and other Latin American citizens, he refused to compromise.

Throughout his papacy, Pope Francis received all Argentine presidents – even those who were previously critical of him, such as Cristina Fernández de Kirchner.

He maintained a strong connection to his Buenos Aires roots and remained engaged with Argentina’s social and political landscape, often commenting on situations that provoke strong reactions from politicians.

He was a critic of policies instituted by the current President of Argentina, Javier Milei, particularly Milei’s libertarian model of economy and the government’s brutal response to public dissent and opposition. In September 2024, the Pope famously said:

the government put its foot down: instead of paying for social justice, it paid for pepper spray.

An alternative model of leadership

By reflecting on how Pope Francis’ theology is rooted in the Argentina he grew up in, we can better understand his actions as Pope.

He made significant contributions in the Latin American region. He played a mediating role between the United States and Cuba, supported the peace process in Colombia, and highlighted the environmental devastation caused by mining companies in the Amazon.

He publicly apologised to Indigenous peoples of Latin America for the Church’s historical complicity with colonialism, and acknowledged his inaction allowed the Chilean clergy to overlook sexual abuse cases.

He appointed clergymen from non-European countries, enhancing representation from Asia, Africa and Latin America and increased the participation of women within the Church’s leadership structures.

His landmark encyclical, Laudato Si’, underscored the moral imperative to address climate change, inspiring accolades from global leaders. His critique of Israel and the conflict in Gaza underscored his consistent opposition to war and advocacy for peace.

Despite existing tensions and contradictions within his papacy – particularly regarding the Church’s stance on LGBTQIA+ issues and women’s rights – Pope Francis’s approach to global issues remained steadfast and aligned with his core values, and the Buenos Aires he came of age in.

Francis’s leadership is a product of his upbringing and a catalyst for regional and global dialogue on social justice.

The profound influence of the Latin American region on him is well captured by long time friend, Uruguayan lawyer and activist, Guzman Carriquiry who described the Pope as:

Priest, and profoundly priest; Jesuit and profoundly Jesuit; Latin American, and profoundly Latin American.

Fernanda Peñaloza does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. To truly understand Pope Francis’ theology – and impact – you need to look to his life in Buenos Aires – https://theconversation.com/to-truly-understand-pope-francis-theology-and-impact-you-need-to-look-to-his-life-in-buenos-aires-255003

MIL OSI – Global Reports –

April 23, 2025

MIL-OSI: Teads Celebrates Major Milestone as CTV HomeScreen Powers 1,500 Campaigns

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) — The new Teads (NASDAQ: OB), the omnichannel outcomes platform for the open internet, today announced a significant milestone for CTV HomeScreen (formerly CTV Native), an immersive way for advertisers to reach audiences on exclusive experiences at incremental moments of high attention. Since its launch in 2023, 1,500 CTV HomeScreen campaigns have been run by premium brands globally, including Cartier, Nestlé, and Air France.

As brands prioritize omnichannel strategies, CTV HomeScreen enables advertisers to place content directly on the first screen consumers see when turning on their connected televisions. By integrating within the operating systems of major television manufacturers such as LG and Hisense, Teads’ CTV HomeScreen ads provide brands with access to audiences that may not otherwise be reachable through ad-supported tiers on streaming platforms. CTV HomeScreen ads deliver high levels of attention through impactful, unique creative experiences. Teads’ programmatic advertiser platform, Teads Ad Manager (TAM) enables brands to connect the moments of the consumer journey across all screens — creating a continuity of advertising experiences from CTV to web and app.

“By placing high-impact native ads directly on smart TV home screens, we provide brands with premium, brand-safe placements that capture superior attention at the moment of content discovery,” said Jeremy Arditi, Co-President, Chief Business Officer of the Americas. “This approach ensures brands own the first moment on TV screens, maximizing both visibility and engagement in an uncluttered environment.”

Over the past year, Teads has strengthened its CTV offering through expanded access to premium HomeScreen inventory, including exclusive partnerships with VIDAA US and LG Ad Solutions covering 330 million TV screens worldwide, in over 50 countries. In addition to Homescreen, TAM enables advertisers to reach audiences across more than 7,000 CTV apps globally, optimizing performance through CTV instream video campaigns.

“The partnership between LG and Teads unlocks a powerful value proposition for advertisers,” said Serge Matta, President of Global Ad Sales at LG Ad Solutions. “From the moment a viewer powers on their TV, they’re met with stunning creatives, brought to life by Teads. It’s a seamless blend of innovation and scale.”

Capturing Audience Attention at Scale

CTV HomeScreen placements are displayed on the first screen viewers see when they turn on their smart TVs. This enhances ad effectiveness and extends audience reach beyond traditional commercial breaks. According to TVision (2024), viewers often spend time browsing for content—up to 10 minutes—before encountering ad clutter, making this window a high-attention moment. In fact, 74% of attention goes to the first ad seen on the home screen.

In 1,500 CTV HomeScreen campaigns, Teads has helped brands like Cartier, Nestlé, Air France, Bvlgari, and Nissan deliver impactful moments that drive measurable engagement. Cartier’s first-ever 3D CTV HomeScreen campaign generated over 12 million impressions, while Air France saw a 22% increase in recommendation intent by securing premium placements on Smart TV home screens. In addition, Nestlé achieved a 9% lift in ad recall, leveraging Teads’ high-attention CTV HomeScreen formats to enhance brand impact.

“This initiative showcases how advertising innovation and precise data can strengthen brand image and consumer engagement. Teads’support in this campaign allowed us to combine exclusive formats with rigorous measurement, demonstrating real value for the brand,” said Catherine Masson, Director of Brand Media Strategy and Media Buying at Air France.

Now Available in Teads Ad Manager

Brands can now seamlessly combine CTV HomeScreen with mobile and desktop formats within a single buying platform, making it easier to plan, execute, and optimize omnichannel campaigns and ensuring a more cohesive, data-driven approach to audience engagement.

With real-time attention measurement, contextual targeting, and planning and insight tools, Teads Ad Manager offers advertisers an all-in-one solution to maximize impact across every screen. This latest integration reflects Teads’ commitment to future-proofing CTV advertising by delivering premium placements, innovative ad formats, and advanced measurement tools.

Teads was recently announced as a finalist in the Best CTV Ad Tech Platform category by the Digiday Streaming and Video Awards. For more information on Teads’ CTV HomeScreen solutions, visit https://thenewteads.com/.

About The New Teads
Outbrain Inc. (Nasdaq: OB) and Teads S.A. combined on February 3, 2025 and are operating under the new Teads brand. The new Teads is the omnichannel outcomes platform for the open internet, driving full-funnel results for marketers across premium media. With a focus on meaningful business outcomes, the combined company ensures value is driven with every media dollar by leveraging predictive AI technology to connect quality media, beautiful brand creative, and context-driven addressability and measurement. One of the most scaled advertising platforms on the open internet, the new Teads is directly partnered with more than 10,000 publishers and 20,000 advertisers globally. The company is headquartered in New York, with a global team of nearly 1,800 people in 36 countries.

For more information, visit https://thenewteads.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, which statements involve substantial risks and uncertainties. Forward-looking statements may include, without limitation, statements generally relating to possible or assumed future results of our business, financial condition, results of operations, liquidity, plans and objectives, and statements relating to our recently completed acquisition (the “Acquisition”) of TEADS, a private limited liability company (société anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg (“Teads”). You can generally identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “guidance,” “outlook,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “foresee,” “potential” or “continue” or the negative of these terms or other similar expressions that concern our expectations, strategy, plans or intentions or are not statements of historical fact. We have based these forward- looking statements largely on our expectations and projections regarding future events and trends that we believe may affect our business, financial condition, and results of operations. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors including, but not limited to: the ability of Outbrain to successfully integrate Teads or manage the combined business effectively; our ability to realize anticipated benefits and synergies of the Acquisition, including, among other things, operating efficiencies, revenue synergies and other cost savings; our due diligence investigation of Teads may be inadequate or risks related to Teads’ business may materialize; unexpected costs, charges or expenses resulting from the Acquisition; the outcome of any securities litigation, stockholder derivative or other litigation related to the Acquisition; our ability to raise additional financing in the future to fund our operations, which may not be available to us on favorable terms or at all; the volatility of the market price of our common stock and any drop in the market price of our common stock following the Acquisition; our ability to attract and retain customers, management and other key personnel; overall advertising demand and traffic generated by our media partners; factors that affect advertising demand and spending, such as the continuation or worsening of unfavorable economic or business conditions or downturns, instability or volatility in financial markets, and other events or factors outside of our control, such as tariffs and trade wars, U.S. and global recession concerns, geopolitical concerns, including the ongoing war between Ukraine-Russia and conditions in Israel and the Middle East, supply chain issues, inflationary pressures, labor market volatility, bank closures or disruptions, the impact of challenging economic conditions, political and policy changes or uncertainties in connection with the new U.S. presidential administration, and other factors that have impacted and may further impact advertisers’ ability to pay; our ability to continue to innovate, and adoption by our advertisers and media partners of our expanding solutions; the potential impact of artificial intelligence (“AI”) on our industry and our need to invest in AI-based solutions; the success of our sales and marketing investments, which may require significant investments and may involve long sales cycles; our ability to grow our business and manage growth effectively; our ability to compete effectively against current and future competitors; the loss or decline of one or more of our large media partners, and our ability to expand our advertiser and media partner relationships; conditions in Israel, including the sustainability of the recent cease-fire between Israel and Hamas and any conflicts with other terrorist organizations or countries; our ability to maintain our revenues or profitability despite quarterly fluctuations in our results, whether due to seasonality, large cyclical events, or other causes; the risk that our research and development efforts may not meet the demands of a rapidly evolving technology market; any failure of our recommendation engine to accurately predict attention or engagement, any deterioration in the quality of our recommendations or failure to present interesting content to users or other factors which may cause us to experience a decline in user engagement or loss of media partners; limits on our ability to collect, use and disclose data to deliver advertisements; our ability to extend our reach into evolving digital media platforms; our ability to maintain and scale our technology platform; our ability to meet demands on our infrastructure and resources due to future growth or otherwise; our failure or the failure of third parties to protect our sites, networks and systems against security breaches, or otherwise to protect the confidential information of us or our partners; outages or disruptions that impact us or our service providers, resulting from cyber incidents, or failures or loss of our infrastructure; significant fluctuations in currency exchange rates; political and regulatory risks in the various markets in which we operate; the challenges of compliance with differing and changing regulatory requirements, including with respect to privacy; the timing and execution of any cost-saving measures and the impact on our business or strategy; and the risks described in the section entitled “Risk Factors” and elsewhere in the Annual Report on Form 10-K filed for the year ended December 31, 2024and in subsequent reports filed with the SEC. Accordingly, you should not rely upon forward-looking statements as an indication of future performance. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or will occur, and actual results, events, or circumstances could differ materially from those projected in the forward-looking statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation and do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events or otherwise, except as required by law.

Media Contact

press@outbrain.com

Investor Relations Contact

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(332) 205-8999

The MIL Network –

April 23, 2025

MIL-OSI: Dime Community Bancshares, Inc. Reports First Quarter 2025 EPS of $0.45; Adjusted EPS of $0.57

Source: GlobeNewswire (MIL-OSI)

Continued Growth in Core Deposits and Business Loans On a Year-over-Year Basis

Net Interest Margin Expands by 16 basis points on a Linked Quarter Basis to 2.95%

HAUPPAUGE, N.Y., April 22, 2025 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today reported net income available to common stockholders of $19.6 million for the quarter ended March 31, 2025, or $0.45 per diluted common share, compared to net loss available to common stockholders of $22.2 million, or $(0.54) per diluted common share, for the quarter ended December 31, 2024 and net income available to common stockholders of $15.9 million for the quarter ended March 31, 2024, or $0.41 per diluted common share.

First quarter 2025 results included $7.2 million of pre-tax expenses related to the final settlements associated with the termination of the legacy Bridgehampton National Bank pension plan.

Adjusted net income available to common stockholders (non-GAAP) totaled $24.7 million for the quarter ended March 31, 2025, an increase of 42% versus the prior quarter and an increase of 67% versus the quarter ended March 31, 2024 (see “Non-GAAP Reconciliation” tables at the end of this news release). Adjusted EPS (non-GAAP) totaled $0.57 per share for the quarter ended March 31, 2025, an increase of 36% versus the prior quarter and an increase of 50% versus the quarter ended March 31, 2024.

Stuart H. Lubow, President and Chief Executive Officer (“CEO”) of the Company, stated, “Our first quarter results were marked by strong Net Interest Margin (“NIM”) expansion and continued progress in diversifying our balance sheet. Our enhanced earnings power and robust capital ratios position us well for future growth. As outlined below we have made a strong start to the year from a recruiting standpoint, and are poised to continue to add talented individuals and gain market share in the quarters ahead.”

Year-to-date Recruiting Update

Hired Tom Geisel to Senior Executive Leadership Team. Mr. Geisel was instrumental in the growth and transformation of Sterling National Bank into a highly profitable $30 billion institution;
Hired Robert Rowe as incoming Chief Credit Officer (experience includes Chief Credit Officer at Sterling National Bank and Chief Risk Officer at CIT); incumbent Chief Credit Officer Brian Teplitz to retire at the end of May 2025;
Hired Jim LoGatto as an Executive Vice President to build Dime’s presence in Manhattan; Mr. LoGatto was previously the Director of US Private Banking at Israel Discount Bank of New York;
Hired Toni Badolato as Group Leader to grow lending presence on Long Island; Ms. Badolato was previously with M&T;
Hired George Taitt as Group Director and Amy Grandy as Associate Group Director to strengthen deposit presence in Queens; the Group was previously with the former Signature Bank and its successor, Flagstar Bank.

Highlights for the First Quarter of 2025 included:

Total deposits increased $717.0 million on a year-over-year basis;
Core deposits (excluding brokered and time deposits) increased $1.35 billion on a year-over-year basis;
The ratio of average non-interest-bearing deposits to average total deposits for the first quarter was 29.5%;
The cost of total deposits declined by 19 basis points versus the prior quarter;
The net interest margin increased to 2.95% for the first quarter of 2025 compared to 2.79% for the prior quarter;
The Company’s Common Equity Tier 1 Ratio increased to 11.12% at the end of the first quarter.

Management’s Discussion of Quarterly Operating Results

Net Interest Income

Net interest income for the first quarter of 2025 was $94.2 million compared to $91.1 million for the fourth quarter of 2024 and $71.5 million for the first quarter of 2024.

The table below provides a reconciliation of the reported net interest margin (“NIM”) and adjusted NIM excluding the impact of purchase accounting accretion on the loan portfolio.


(Dollars in thousands)	Q1 2025				Q4 2024				Q1 2024
Net interest income	$	94,213			$	91,098			$	71,530
Purchase accounting amortization (accretion) on loans (“PAA”)		(124	)			(1,268	)			(82	)
Adjusted net interest income excluding PAA on loans (non-GAAP)	$	94,089			$	89,830			$	71,448

Average interest-earning assets	$	12,963,320			$	12,974,958			$	13,015,755

NIM⁽¹⁾		2.95		%		2.79		%		2.21		%
Adjusted NIM excluding PAA on loans (non-GAAP)⁽²⁾		2.94		%		2.75		%		2.21		%

⁽¹⁾NIM represents net interest income divided by average interest-earning assets.
⁽²⁾Adjusted NIM excluding PAA on loans represents adjusted net interest income, which excludes PAA amortization on acquired loans divided by average interest-earning assets.

Mr. Lubow commented, “While there has been a fair bit of volatility in the macroeconomic environment in recent weeks, Dime has multiple levers to grow our NIM over time.

First, we have a significant loan repricing opportunity starting in the second half of 2025 that will continue through 2027, assuming current forecasted interest rate levels remain accurate.
Second, and as demonstrated in the most recent rate cutting cycle, should the Federal Reserve cut short term rates in 2025 we anticipate a reduction in deposit costs, which will drive further NIM expansion.
Finally, core deposit growth and a continued focus on business loan growth will benefit our NIM over time as we continue to grow customers and hire productive teams.”

Loan Portfolio

The ending weighted average rate (“WAR”) on the total loan portfolio was 5.25% at March 31, 2025, a 1 basis point decrease compared to the ending WAR of 5.26% on the total loan portfolio at December 31, 2024.

Outlined below are loan balances and WARs for the quarter ended as indicated.


	March 31, 2025				December 31, 2024				March 31, 2024
(Dollars in thousands)	Balance		WAR⁽¹⁾		Balance		WAR⁽¹⁾		Balance		WAR⁽¹⁾
Loans held for investment balances at period end:
Business loans⁽²⁾	$	2,788,848	6.55	%	$	2,726,602	6.56	%	$	2,327,403	6.90	%
One-to-four family residential, including condominium and cooperative apartment		961,562	4.77			952,195	4.72			873,671	4.48
Multifamily residential and residential mixed-use⁽³⁾⁽⁴⁾		3,780,078	4.46			3,820,492	4.49			3,996,654	4.57
Non-owner-occupied commercial real estate		3,191,536	5.07			3,231,398	5.13			3,386,333	5.24
Acquisition, development, and construction		140,309	7.96			136,172	7.95			175,352	8.40
Other loans		6,402	10.39			5,084	10.51			5,170	7.10
Loans held for investment	$	10,868,735	5.25	%	$	10,871,943	5.26	%	$	10,764,583	5.34	%

⁽¹⁾ WAR is calculated by aggregating interest based on the current loan rate from each loan in the category, adjusted for non-accrual loans, divided by the total balance of loans in the category.
⁽²⁾ Business loans include commercial and industrial loans and owner-occupied commercial real estate loans.
⁽³⁾ Includes loans underlying multifamily cooperatives.
⁽⁴⁾ While the loans within this category are often considered “commercial real estate” in nature, multifamily and loans underlying cooperatives are reported separately from commercial real estate loans in order to emphasize the residential nature of the collateral underlying this significant component of the total loan portfolio.

Outlined below are the loan originations, for the quarter ended as indicated.


(Dollars in millions)	Q1 2025		Q4 2024		Q1 2024
Loan originations	$	71.5	$	187.5	$	98.3

Deposits and Borrowed Funds

Period end total deposits (including mortgage escrow deposits) at March 31, 2025 were $11.61 billion, compared to $11.69 billion at December 31, 2024 and $10.90 billion at March 31, 2024. The Company reduced its brokered deposit levels to $285.6 million at March 31, 2025, compared to $422.8 million at December 31, 2024 and $897.1 million at March 31, 2024.

Total Federal Home Loan Bank advances were $508.0 million at March 31, 2025 compared to $608.0 million at December 31, 2024 and $773.0 million at March 31, 2024.

Non-Interest Income

Non-interest income was $9.6 million during the first quarter of 2025, compared to a loss of $33.9 million during the fourth quarter of 2024, and income of $10.5 million during the first quarter of 2024. Fourth quarter 2024 results included $42.8 million of pre-tax loss-on-sale of securities related to the re-positioning of the available-for-sale securities portfolio.

Non-Interest Expense

Total non-interest expense was $65.5 million during the first quarter of 2025, $60.6 million during the fourth quarter of 2024, and $52.5 million during the first quarter of 2024. Excluding the impact of the loss on extinguishment of debt, amortization of other intangible assets, severance expense, settlement loss related to the termination of a legacy pension plan, and the FDIC special assessment, adjusted non-interest expense was $58.0 million during the first quarter of 2025, $57.7 million during the fourth quarter of 2024, and $51.7 million during the first quarter of 2024 (see “Non-GAAP Reconciliation” tables at the end of this news release).

Mr. Lubow commented, “Excluding the impact of the legacy Bridgehampton National Bank pension plan termination, first quarter expenses were well-controlled and in-line with our previous expectations.”

The ratio of non-interest expense to average assets was 1.90% during the first quarter of 2025, compared to 1.76% during the linked quarter and 1.52% during the first quarter of 2024. Excluding the impact of the loss on extinguishment of debt, amortization of other intangible assets, severance expense, the FDIC special assessment and settlement loss related to the termination of a legacy pension plan, the ratio of adjusted non-interest expense to average assets was 1.68% during the first quarter of 2025, 1.68% during the fourth quarter of 2024, and 1.50% during the first quarter of 2024 (see “Non-GAAP Reconciliation” tables at the end of this news release).

The efficiency ratio was 63.1% during the first quarter of 2025, compared to 105.9% during the linked quarter and 64.0% during the first quarter of 2024. Excluding the impact of net (gain) loss on sale of securities and other assets, fair value change in equity securities and loans held for sale, severance expense, the FDIC special assessment, settlement loss related to the termination of a legacy pension plan, loss on extinguishment of debt and amortization of other intangible assets the adjusted efficiency ratio was 55.8% during the fourth quarter of 2024, compared to 58.0% during the linked quarter and 64.7% during the first quarter of 2024 (see “Non-GAAP Reconciliation” tables at the end of this news release).

Income Tax Expense

Income tax expense was $7.3 million during the first quarter of 2025, $3.3 million during the fourth quarter of 2024, and $6.6 million during the first quarter of 2024. The fourth quarter of 2024 income tax expense was inclusive of $9.1 million of income tax expense related to the taxable gain and Modified Endowment Contract Tax (“MEC”) Tax on the surrender of legacy BOLI assets. The effective tax rate for the first quarter of 2025 was 25.3%. Excluding the tax impact of the BOLI surrender, the fourth quarter 2024 effective rate was a tax benefit of 33.5%. The effective tax rate for the first quarter of 2024 was 27.1%.

Credit Quality

Non-performing loans were $58.0 million at March 31, 2025, compared to $49.5 million at December 31, 2024 and $34.8 million at March 31, 2024.

A credit loss provision of $9.6 million was recorded during the first quarter of 2025, compared to a credit loss provision of $13.7 million during the fourth quarter of 2024, and a credit loss provision of $5.2 million during the first quarter of 2024.

Capital Management

Stockholders’ equity increased $15.5 million to $1.41 billion at March 31, 2025, compared to $1.40 billion at December 31, 2024.

The Company’s and the Bank’s regulatory capital ratios continued to be in excess of all applicable regulatory requirements as of December 31, 2024. All risk-based regulatory capital ratios increased in the first quarter of 2025.

Dividends per common share were $0.25 during the first quarter of 2025 and the fourth quarter of 2024, respectively.

Book value per common share was $29.58 at March 31, 2025 compared to $29.34 at December 31, 2024.

Tangible common book value per share (which represents common equity less goodwill and other intangible assets, divided by the number of shares outstanding) was $25.94 at March 31, 2025 compared to $25.68 at December 31, 2024 (see “Non-GAAP Reconciliation” tables at the end of this news release).

Earnings Call Information

The Company will conduct a conference call at 8:30 a.m. (ET) on Tuesday, April 22, 2025, during which CEO Lubow will discuss the Company’s first quarter 2025 financial performance, with a question-and-answer session to follow.

Participants may access the conference call via webcast using this link: https://edge.media-server.com/mmc/p/cbadbvnq. To participate via telephone, please register in advance using this link: https://register-conf.media-server.com/register/BIafdc630ea47c427ea6661eb613e46913. Upon registration, all telephone participants will receive a one-time confirmation email detailing how to join the conference call, including the dial-in number along with a unique PIN that can be used to access the call. All participants are encouraged to dial-in 10 minutes prior to the start time.

A replay of the conference call and webcast will be available on-demand for 12 months at https://edge.media-server.com/mmc/p/cbadbvnq.

ABOUT DIME COMMUNITY BANCSHARES, INC.
Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in assets and the number one deposit market share among community banks on Greater Long Island ⁽¹⁾.

⁽¹⁾ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.

This news release contains a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements may be identified by use of words such as “annualized,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar terms and phrases, including references to assumptions.

Forward-looking statements are based upon various assumptions and analyses made by the Company in light of management’s experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes are appropriate under the circumstances. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond the Company’s control) that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Accordingly, you should not place undue reliance on such statements. Factors that could affect our results include, without limitation, the following: the timing and occurrence or non-occurrence of events may be subject to circumstances beyond the Company’s control; there may be increases in competitive pressure among financial institutions or from non-financial institutions; changes in the interest rate environment may affect demand for our products and reduce interest margins and the value of our investments; changes in government monetary or fiscal policies and actions may adversely affect our customers, cost of credit and overall result of operations; changes in deposit flows, the cost of funds, loan demand or real estate values may adversely affect the business of the Company; changes in the quality and composition of the Company’s loan or investment portfolios or unanticipated or significant increases in loan losses may negatively affect the Company’s financial condition or results of operations; changes in accounting principles, policies or guidelines may cause the Company’s financial condition to be perceived differently; changes in corporate and/or individual income tax laws may adversely affect the Company’s financial condition or results of operations; general socio-economic conditions, public health emergencies, international conflict, inflation, and recessionary pressures, either nationally or locally in some or all areas in which the Company conducts business, or conditions in the securities markets or the banking industry may be less favorable than the Company currently anticipates and may adversely affect our customers, our financial results and our operations; legislation or regulatory changes may adversely affect the Company’s business; technological changes may be more difficult or expensive than the Company anticipates; there may be failures or breaches of information technology security systems; success or consummation of new business initiatives may be more difficult or expensive than the Company anticipates; there may be difficulties or unanticipated expense incurred in the consummation of new business initiatives or the integration of any acquired entities; and litigation or other matters before regulatory agencies, whether currently existing or commencing in the future, may delay the occurrence or non-occurrence of events longer than the Company anticipates. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to the sections entitled “Forward-Looking Statements” and “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and updates set forth in the Company’s subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Contact: Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
718-782-6200 extension 5909

DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (In thousands)


	March 31,			December 31,			March 31,
	2025			2024			2024
Assets:
Cash and due from banks	$	1,030,702		$	1,283,571		$	370,852
Securities available-for-sale, at fair value		710,579			690,693			859,216
Securities held-to-maturity		631,334			637,339			589,331
Loans held for sale		2,527			22,625			8,973
Loans held for investment, net:
Business loans⁽¹⁾		2,788,848			2,726,602			2,327,403
One-to-four family and cooperative/condominium apartment		961,562			952,195			873,671
Multifamily residential and residential mixed-use⁽²⁾⁽³⁾		3,780,078			3,820,492			3,996,654
Non-owner-occupied commercial real estate		3,191,536			3,231,398			3,386,333
Acquisition, development and construction		140,309			136,172			175,352
Other loans		6,402			5,084			5,170
Allowance for credit losses		(90,455	)		(88,751	)		(76,068	)
Total loans held for investment, net		10,778,280			10,783,192			10,688,515
Premises and fixed assets, net		33,650			34,858			44,501
Restricted stock		66,987			69,106			74,346
BOLI		389,167			290,665			352,277
Goodwill		155,797			155,797			155,797
Other intangible assets		3,644			3,896			4,753
Operating lease assets		45,657			46,193			51,988
Derivative assets		98,740			116,496			135,162
Accrued interest receivable		56,044			55,970			55,369
Other assets		94,574			162,857			110,012
Total assets	$	14,097,682		$	14,353,258		$	13,501,092
Liabilities:
Non-interest-bearing checking (excluding mortgage escrow deposits)	$	3,245,409		$	3,355,829		$	2,819,481
Interest-bearing checking		950,090			1,079,823			635,640
Savings (excluding mortgage escrow deposits)		1,939,852			1,927,903			2,347,114
Money market		4,271,363			4,198,784			3,440,083
Certificates of deposit		1,121,068			1,069,081			1,555,157
Deposits (excluding mortgage escrow deposits)		11,527,782			11,631,420			10,797,475
Non-interest-bearing mortgage escrow deposits		88,138			54,715			101,229
Interest-bearing mortgage escrow deposits		4			6			173
Total mortgage escrow deposits		88,142			54,721			101,402
FHLBNY advances		508,000			608,000			773,000
Other short-term borrowings		—			50,000			—
Subordinated debt, net		272,370			272,325			200,174
Derivative cash collateral		85,230			112,420			132,900
Operating lease liabilities		48,432			48,993			54,727
Derivative liabilities		92,516			108,347			122,112
Other liabilities		63,197			70,515			79,931
Total liabilities		12,685,669			12,956,741			12,261,721
Stockholders’ equity:
Preferred stock, Series A		116,569			116,569			116,569
Common stock		461			461			416
Additional paid-in capital		623,305			624,822			492,834
Retained earnings		803,202			794,526			819,130
Accumulated other comprehensive loss (“AOCI”), net of deferred taxes		(39,045	)		(45,018	)		(85,466	)
Unearned equity awards		(12,909	)		(7,640	)		(10,191	)
Treasury stock, at cost		(79,570	)		(87,203	)		(93,921	)
Total stockholders’ equity		1,412,013			1,396,517			1,239,371
Total liabilities and stockholders’ equity	$	14,097,682		$	14,353,258		$	13,501,092

⁽¹⁾ Business loans include commercial and industrial loans, owner-occupied commercial real estate loans and Paycheck Protection Program (“PPP”) loans.
⁽²⁾ Includes loans underlying multifamily cooperatives.
⁽³⁾ While the loans within this category are often considered “commercial real estate” in nature, multifamily and loans underlying cooperatives are here reported separately from commercial real estate loans in order to emphasize the residential nature of the collateral underlying this significant component of the total loan portfolio.

DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in thousands except share and per share amounts)

	Three Months Ended
	March 31,		December 31,			March 31,
	2025		2024			2024
Interest income:
Loans	$	142,705	$	148,000		$	143,565
Securities		11,323		10,010			7,880
Other short-term investments		7,837		7,473			9,564
Total interest income		161,865		165,483			161,009
Interest expense:
Deposits and escrow		58,074		64,773			73,069
Borrowed funds		8,381		8,542			14,697
Derivative cash collateral		1,197		1,070			1,713
Total interest expense		67,652		74,385			89,479
Net interest income		94,213		91,098			71,530
Provision for credit losses		9,626		13,715			5,210
Net interest income after provision		84,587		77,383			66,320
Non-interest income:
Service charges and other fees		4,643		3,942			4,544
Title fees		98		226			133
Loan level derivative income		61		491			406
BOLI income		3,993		2,825			2,461
Gain on sale of Small Business Administration (“SBA”) loans		82		22			253
Gain on sale of residential loans		32		83			77
Fair value change in equity securities and loans held for sale		18		15			(842	)
Net loss on sale of securities		—		(42,810	)		—
Gain on sale of other assets		—		554			2,968
Other		706		791			467
Total non-interest income (loss)		9,633		(33,861	)		10,467
Non-interest expense:
Salaries and employee benefits		35,651		35,761			32,037
Severance		76		1,254			42
Occupancy and equipment		8,002		7,569			7,368
Data processing costs		4,794		4,483			4,313
Marketing		1,666		1,897			1,497
Professional services		2,116		2,345			1,467
Federal deposit insurance premiums⁽¹⁾		2,047		2,116			2,239
Loss on extinguishment of debt		—		—			453
Loss due to pension settlement		7,231		1,215			—
Amortization of other intangible assets		252		285			307
Other		3,676		3,688			2,788
Total non-interest expense		65,511		60,613			52,511
Income (loss) before taxes		28,709		(17,091	)		24,276
Income tax expense⁽²⁾		7,251		3,322			6,585
Net income (loss)		21,458		(20,413	)		17,691
Preferred stock dividends		1,822		1,821			1,821
Net income (loss) available to common stockholders	$	19,636	$	(22,234	)	$	15,870
Earnings (loss) per common share (“EPS”):
Basic	$	0.45	$	(0.54	)	$	0.41
Diluted	$	0.45	$	(0.54	)	$	0.41

Average common shares outstanding for diluted EPS		42,948,690		40,767,161			38,255,559

⁽¹⁾ Fourth quarter of 2024 included $0.1 million of pre-tax expense related to the FDIC special assessment for the recovery of losses related to the closures of Silicon Valley Bank and Signature Bank.
⁽²⁾ Fourth quarter of 2024 includes $9.1 million of income tax expense related to the taxable gain and MEC Tax on the surrender of legacy BOLI assets.

DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARIES UNAUDITED SELECTED FINANCIAL HIGHLIGHTS (Dollars in thousands except per share amounts)

	At or For the Three Months Ended
	March 31,			December 31,				March 31,
	2025			2024				2024
Per Share Data:
Reported EPS (Diluted)	$	0.45		$	(0.54	)		$	0.41
Cash dividends paid per common share		0.25			0.25				0.25
Book value per common share		29.58			29.34				28.84
Tangible common book value per share⁽¹⁾		25.94			25.68				24.72
Common shares outstanding		43,799			43,622				38,932
Dividend payout ratio		55.56	%		(46.30	)	%		60.98	%

Performance Ratios (Based upon Reported Net Income):
Return on average assets		0.62	%		(0.59	)	%		0.51	%
Return on average equity		6.04			(6.02	)			5.68
Return on average tangible common equity⁽¹⁾		6.92			(8.16	)			6.64
Net interest margin		2.95			2.79				2.21
Non-interest expense to average assets		1.90			1.76				1.52
Efficiency ratio		63.1			105.9				64.0
Effective tax rate		25.26			(19.44	)			27.13

Balance Sheet Data:
Average assets	$	13,777,665		$	13,759,002			$	13,794,924
Average interest-earning assets		12,963,320			12,974,958				13,015,755
Average tangible common equity⁽¹⁾		1,145,915			1,080,177				968,719
Loan-to-deposit ratio at end of period⁽²⁾		93.6			93.0				98.8

Capital Ratios and Reserves – Consolidated:⁽³⁾
Tangible common equity to tangible assets⁽¹⁾		8.15	%		7.89		%		7.21	%
Tangible equity to tangible assets⁽¹⁾		8.99			8.71				8.09
Tier 1 common equity ratio		11.12			11.06				10.00
Tier 1 risk-based capital ratio		12.23			12.17				11.11
Total risk-based capital ratio		15.71			15.65				13.78
Tier 1 leverage ratio		9.46			9.38				8.48
Consolidated CRE concentration ratio⁽⁴⁾		442			447				534
Allowance for credit losses/ Total loans		0.83			0.82				0.71
Allowance for credit losses/ Non-performing loans		155.85			179.37				218.42

⁽¹⁾ See “Non-GAAP Reconciliation” tables for reconciliation of tangible equity, tangible common equity, and tangible assets.
⁽²⁾ Total deposits include mortgage escrow deposits, which fluctuate seasonally.
⁽³⁾ March 31, 2025 ratios are preliminary pending completion and filing of the Company’s regulatory reports.
⁽⁴⁾ The Consolidated CRE concentration ratio is calculated using the sum of commercial real estate, excluding owner-occupied commercial real estate, multifamily, and acquisition, development, and construction, divided by consolidated capital. The March 31, 2025 ratio is preliminary pending completion and filing of the Company’s regulatory reports.

DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARIES UNAUDITED AVERAGE BALANCES AND NET INTEREST INCOME (Dollars in thousands)

	Three Months Ended
	March 31, 2025						December 31, 2024						March 31, 2024
					Average						Average						Average
	Average				Yield/		Average				Yield/		Average				Yield/
	Balance		Interest		Cost		Balance		Interest		Cost		Balance		Interest		Cost
Assets:
Interest-earning assets:
Business loans⁽¹⁾	$	2,748,142	$	45,047	6.65	%	$	2,681,953	$	46,791	6.94	%	$	2,308,319	$	39,224	6.83	%
One-to-four family residential, including condo and coop		962,046		11,069	4.67			943,319		11,061	4.66			886,588		9,770	4.43
Multifamily residential and residential mixed-use		3,796,754		42,329	4.52			3,848,579		44,152	4.56			4,000,510		46,019	4.63
Non-owner-occupied commercial real estate		3,214,758		41,326	5.21			3,265,906		42,865	5.22			3,371,438		44,776	5.34
Acquisition, development, and construction		138,428		2,906	8.51			139,440		3,101	8.85			169,775		3,692	8.75
Other loans		5,740		28	1.98			4,781		30	2.50			5,420		84	6.23
Securities		1,372,563		11,323	3.35			1,455,449		10,010	2.74			1,578,330		7,880	2.01
Other short-term investments		724,889		7,837	4.38			635,531		7,473	4.68			695,375		9,564	5.53
Total interest-earning assets		12,963,320		161,865	5.06	%		12,974,958		165,483	5.07	%		13,015,755		161,009	4.98	%
Non-interest-earning assets		814,345						784,044						779,169
Total assets	$	13,777,665					$	13,759,002					$	13,794,924

Liabilities and Stockholders’ Equity:
Interest-bearing liabilities:
Interest-bearing checking⁽²⁾	$	912,852	$	4,164	1.85	%	$	912,645	$	5,115	2.23	%	$	582,047	$	1,223	0.85	%
Money market		4,076,612		31,294	3.11			3,968,793		33,695	3.38			3,359,884		30,638	3.67
Savings⁽²⁾		1,970,338		14,185	2.92			1,905,866		14,828	3.10			2,368,946		22,810	3.87
Certificates of deposit		973,108		8,431	3.51			1,126,859		11,135	3.93			1,655,882		18,398	4.47
Total interest-bearing deposits		7,932,910		58,074	2.97			7,914,163		64,773	3.26			7,966,759		73,069	3.69
FHLBNY advances		509,111		4,066	3.24			509,630		4,241	3.31			1,094,209		12,143	4.46
Subordinated debt, net		272,341		4,302	6.41			272,311		4,301	6.28			200,188		2,553	5.13
Other short-term borrowings		633		13	8.33			543		—	—			77		1	5.22
Total borrowings		782,085		8,381	4.35			782,484		8,542	4.34			1,294,474		14,697	4.57
Derivative cash collateral		104,126		1,197	4.66			99,560		1,070	4.28			130,166		1,713	5.29
Total interest-bearing liabilities		8,819,121		67,652	3.11	%		8,796,207		74,385	3.36	%		9,391,399		89,479	3.83	%
Non-interest-bearing checking⁽²⁾		3,322,583						3,396,457						2,909,776
Other non-interest-bearing liabilities		213,876						209,712						247,717
Total liabilities		12,355,580						12,402,376						12,548,892
Stockholders’ equity		1,422,085						1,356,626						1,246,032
Total liabilities and stockholders’ equity	$	13,777,665					$	13,759,002					$	13,794,924
Net interest income			$	94,213					$	91,098					$	71,530
Net interest rate spread					1.95	%					1.71	%					1.15	%
Net interest margin					2.95	%					2.79	%					2.21	%
Deposits (including non-interest-bearing checking accounts)⁽²⁾	$	11,255,493	$	58,074	2.09	%	$	11,310,620	$	64,773	2.28	%	$	10,876,535	$	73,069	2.70	%

⁽¹⁾Business loans include commercial and industrial loans, owner-occupied commercial real estate loans and PPP loans.
⁽²⁾ Includes mortgage escrow deposits.

DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARIES UNAUDITED SCHEDULE OF NON-PERFORMING ASSETS (Dollars in thousands)

	At or For the Three Months Ended
	March 31,			December 31,			March 31,
Asset Quality Detail	2025			2024			2024
Non-performing loans (“NPLs”)
Business loans⁽¹⁾	$	21,944		$	22,624		$	18,213
One-to-four family residential, including condominium and cooperative apartment		3,763			3,213			3,689
Multifamily residential and residential mixed-use		—			—			—
Non-owner-occupied commercial real estate		31,677			22,960			15
Acquisition, development, and construction		657			657			12,910
Other loans		—			25			—
Total Non-accrual loans	$	58,041		$	49,479		$	34,827
Total Non-performing assets (“NPAs”)	$	58,041		$	49,479		$	34,827

Total loans 90 days delinquent and accruing (“90+ Delinquent”)	$	—		$	—		$	—

NPAs and 90+ Delinquent	$	58,041		$	49,479		$	34,827

NPAs and 90+ Delinquent / Total assets		0.41	%		0.34	%		0.26	%
Net charge-offs (“NCOs”)	$	7,058		$	10,611		$	739
NCOs / Average loans⁽²⁾		0.26	%		0.39	%		0.03	%

⁽¹⁾ Business loans include commercial and industrial loans, owner-occupied commercial real estate loans and PPP loans.
⁽²⁾ Calculated based on annualized NCOs to average loans, excluding loans held for sale.

DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARIES
NON-GAAP RECONCILIATION
(Dollars in thousands except per share amounts)

The following tables below provide a reconciliation of certain financial measures calculated under generally accepted accounting principles (“GAAP”) (as reported) and non-GAAP measures. A non-GAAP financial measure is a numerical measure of historical or future financial performance, financial position or cash flows that excludes or includes amounts that are required to be disclosed in the most directly comparable measure calculated and presented in accordance with GAAP in the United States. The Company’s management believes the presentation of non-GAAP financial measures provides investors with a greater understanding of the Company’s operating results in addition to the results measured in accordance with GAAP. While management uses these non-GAAP measures in its analysis of the Company’s performance, this information should not be viewed as a substitute for financial results determined in accordance with GAAP or considered to be more important than financial results determined in accordance with GAAP.

The following non-GAAP financial measures exclude pre-tax income and expenses associated with the fair value change in equity securities and loans held for sale, net loss (gain) on sale of securities and other assets, severance, the FDIC special assessment, loss on extinguishment of debt and loss due to pension settlement. The non-GAAP financial measures also include taxes related to the surrender of BOLI assets.


	Three Months Ended
	March 31,				December 31,				March 31,
	2025				2024				2024
Reconciliation of Reported and Adjusted (non-GAAP) Net Income (Loss) Available to Common Stockholders
Reported net income (loss) available to common stockholders	$	19,636			$	(22,234	)		$	15,870
Adjustments to net income^(1):
Fair value change in equity securities and loans held for sale		(18	)			(15	)			842
Net loss (gain) on sale of securities and other assets		—				42,256				(2,968	)
Severance		76				1,254				42
FDIC special assessment		—				126				—
Loss on extinguishment of debt		—				—				453
Loss due to pension settlement		7,231				1,215				—
Income tax effect of adjustments noted above⁽¹⁾		(2,237	)			(14,258	)			518
BOLI tax adjustment^(2):		—				9,073				—
Adjusted net income available to common stockholders (non-GAAP)	$	24,688			$	17,417			$	14,757

Adjusted Ratios (Based upon Adjusted (non-GAAP) Net (Loss) Income as calculated above)
Adjusted EPS (Diluted)	$	0.57			$	0.42			$	0.38
Adjusted return on average assets		0.77		%		0.56		%		0.48		%
Adjusted return on average equity		7.46				5.67				5.32
Adjusted return on average tangible common equity		8.68				6.52				6.18
Adjusted non-interest expense to average assets		1.68				1.68				1.50
Adjusted efficiency ratio		55.8				58.0				64.7

⁽¹⁾ Adjustments to net (loss) income are taxed at the Company’s approximate statutory tax rate.
⁽²⁾ Reflects income tax expense related to the taxable gain and MEC Tax on the surrender of legacy BOLI assets during the three months ended December 31, 2024.

The following table presents a reconciliation of operating expense as a percentage of average assets (as reported) and adjusted operating expense as a percentage of average assets (non-GAAP):


	Three Months Ended
	March 31,			December 31,			March 31,
	2025			2024			2024
Operating expense as a % of average assets – as reported	1.90		%	1.76		%	1.52		%
Severance	—			(0.04	)		—
FDIC special assessment	—			—			—
Loss on extinguishment of debt	—			—			(0.01	)
Loss due to pension settlement	(0.21	)		(0.04	)		—
Amortization of other intangible assets	(0.01	)		—			(0.01	)
Adjusted operating expense as a % of average assets (non-GAAP)	1.68		%	1.68		%	1.50		%

The following table presents a reconciliation of efficiency ratio (non-GAAP) and adjusted efficiency ratio (non-GAAP):


	Three Months Ended
	March 31,				December 31,				March 31,
	2025				2024				2024
Efficiency ratio – as reported (non-GAAP) ⁽¹⁾		63.1		%		105.9		%		64.0		%
Non-interest expense – as reported	$	65,511			$	60,613			$	52,511
Severance		(76	)			(1,254	)			(42	)
FDIC special assessment		—				(126	)			—
Loss on extinguishment of debt		—				—				(453	)
Loss due to pension settlement		(7,231	)			(1,215	)			—
Amortization of other intangible assets		(252	)			(285	)			(307	)
Adjusted non-interest expense (non-GAAP)	$	57,952			$	57,733			$	51,709
Net interest income – as reported	$	94,213			$	91,098			$	71,530
Non-interest income (loss) – as reported	$	9,633			$	(33,861	)		$	10,467
Fair value change in equity securities and loans held for sale		(18	)			(15	)			842
Net loss (gain) on sale of securities and other assets		—				42,256				(2,968	)
Adjusted non-interest income (non-GAAP)	$	9,615			$	8,380			$	8,341
Adjusted total revenues for adjusted efficiency ratio (non-GAAP)	$	103,828			$	99,478			$	79,871
Adjusted efficiency ratio (non-GAAP) ⁽²⁾		55.8		%		58.0		%		64.7		%

⁽¹⁾The reported efficiency ratio is a non-GAAP measure calculated by dividing GAAP non-interest expense by the sum of GAAP net interest income and GAAP non-interest income.
⁽²⁾The adjusted efficiency ratio is a non-GAAP measure calculated by dividing adjusted non-interest expense by the sum of GAAP net interest income and adjusted non-interest income.

The following table presents the tangible common equity to tangible assets, tangible equity to tangible assets, and tangible common book value per share calculations (non-GAAP):


	March 31,				December 31,				March 31,
	2025				2024				2024
Reconciliation of Tangible Assets:
Total assets	$	14,097,682			$	14,353,258			$	13,501,092
Goodwill		(155,797	)			(155,797	)			(155,797	)
Other intangible assets		(3,644	)			(3,896	)			(4,753	)
Tangible assets (non-GAAP)	$	13,938,241			$	14,193,565			$	13,340,542

Reconciliation of Tangible Common Equity – Consolidated:
Total stockholders’ equity	$	1,412,013			$	1,396,517			$	1,239,371
Goodwill		(155,797	)			(155,797	)			(155,797	)
Other intangible assets		(3,644	)			(3,896	)			(4,753	)
Tangible equity (non-GAAP)		1,252,572				1,236,824				1,078,821
Preferred stock, net		(116,569	)			(116,569	)			(116,569	)
Tangible common equity (non-GAAP)	$	1,136,003			$	1,120,255			$	962,252

Common shares outstanding		43,799				43,622				38,932

Tangible common equity to tangible assets (non-GAAP)		8.15		%		7.89		%		7.21		%
Tangible equity to tangible assets (non-GAAP)		8.99				8.71				8.09

Book value per common share	$	29.58			$	29.34			$	28.84
Tangible common book value per share (non-GAAP)		25.94				25.68				24.72

The MIL Network –

April 22, 2025

MIL-OSI: Gilat Receives Over $15 Million in Orders from Leading Satellite Operators

Source: GlobeNewswire (MIL-OSI)

PETAH TIKVA, Israel, April 22, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Commercial Division received over $15million in orders from leading global satellite operators. Deliveries are scheduled for throughout 2025.

The orders reflect strong ongoing momentum for Gilat’s equipment and services across GEO, MEO, and LEO Very High Throughput Satellite (VHTS) constellations. The demand spans multi-service applications, with particular emphasis on In-Flight Connectivity (IFC), reinforcing Gilat’s leadership in enabling broadband mobility solutions worldwide.

Satellite operators continue to rely on Gilat’s comprehensive solutions for their ability to support a broad range of products and solutions with the flexibility, performance, and scale needed to meet increasing connectivity demands. Our next-generation solutions are designed to deliver efficient, high-performance connectivity across diverse verticals.

“These significant orders from some of the world’s most prominent satellite operators reaffirm our position as a trusted partner for enabling next-generation satellite services,” said Ron Levin, President of Gilat’s Commercial Division. “We’re seeing strong and consistent demand for our products and solutions and we’re proud to play a key role in supporting the expansion of global broadband connectivity across LEO, GEO and MEO constellations.”

About Gilat

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the terrorist attacks by Hamas, and the hostilities between Israel and Hamas and Israel and Hezbollah. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:

Gilat Satellite Networks
Hagay Katz, Chief Product and Marketing Officer
hagayk@gilat.com

Alliance Advisors:

GilatIR@allianceadvisors.com
Phone: +1 212 838 3777

The MIL Network –

April 22, 2025

MIL-OSI: NNN Community RelauNNNch: A New Era Begins on Base

Source: GlobeNewswire (MIL-OSI)

DUBAI, United Arab Emirates, April 22, 2025 (GLOBE NEWSWIRE) — NNN, the decentralized security and community-powered ecosystem, has officially launched its presale and begun its migration to the Base blockchain. This strategic move marks a new chapter for the project, with revamped tokenomics, staking rewards, a dynamic Karma system, and a complete brand refresh designed for Web3-native users and builders.

Migration to Base: A strategic shift

The relaunch centers around a full transition from BNB Chain to Base, one of the fastest-growing L2 ecosystems. By leveraging Base’s infrastructure, NNN gains access to deeper liquidity, higher performance, and broader ecosystem support.

‘Base gives us the composability, credibility, and developer network to scale but more importantly, it enables seamless 0-gas transactions within the NNN ecosystem. That’s a key UX advantage for our tools and staking flows.’

Lukas Balga, Co-founder of the NNN Community

The migration is already underway. A snapshot was taken on Dec 24, 2024, and eligible holders of the old NNN token can now begin the swap process through the official portal. Migration is open until Dec 31, 2026, with a favorable MC-based swap rate and the option to send new tokens to a fresh Base wallet for privacy and security.

Tokenomics & presale details

The new NNN token has a total supply of 4.2 billion, with structured vesting and allocation designed to support long-term value creation. The presale is split across 7 rounds, each with increasing price and a 3-month cliff + 12-month linear vesting.

Early supporters gain priority access and discounted rates starting at $0.006. The public round will offer 420M tokens (10% of supply) at $0.01429 with no vesting fully unlocked at TGE.

Presale funds will be allocated across key pillars:

35.54% to liquidity provisioning on DEXs
32.46% to marketing & community growth
16% to CEX listing support
8% to development
8% to reserves

What’s New in NNN?

The relaunch is more than a chain migratio, it’s a full upgrade of the ecosystem:

Karma System: A unique engagement layer that rewards active contributors with early unlocks and USDC bonuses.
Staking Rewards: Up to 25% bonus on top of base APR for long-term stakers, with flexible lock options and full Karma integration.
Ambassador Program: A tiered contributor system rewarding memes, threads, infographics, and community education with seasonal point-based token rewards.
Affiliate & KOL Structure: Performance-based incentives in USDC for community shillers and macro influencers alike.
No Transaction Fees: Unlike the previous token version, NNN eliminates tax mechanics, increasing CEX compatibility and user-friendliness.
Proxy-Based Smart Contracts: Upgradeability is now built-in via audited proxy contracts, ensuring long-term flexibility without needing future migrations.

Ecosystem Alignment & Revenue Streams

Every product within the NNN ecosystem directly supports token value:

GuardiaNNN.ai (20% revenue → staking rewards + Karma)
SigNNNal (30% revenue → staking + Karma)
Republeague (5% revenue → staking + Karma)

A portion of these earnings is used to buy back and stake NNN tokens, while an equivalent amount in USDC funds community Karma rewards, establishing a recurring value loop.

Brand Refresh and Identity Update

The relaunch is also a chance to reshape how NNN shows up to the world.The updated branding introduces a more relatable tone and refreshed visual style – aiming to strike a balance between professionalism and community appeal, with aesthetics rooted in Web3 culture.

This identity refresh will roll out across the presale website, social channels, and campaign materials, culminating in a new launch narrative that’s designed with the community, for the community.

About NNN

NNN is a decentralized Web3 ecosystem focused on blockchain security, community infrastructure, and open participation. Through smart contract tools, contributor programs, and user-friendly staking systems, NNN empowers users to build, audit, and earn – all while staying aligned with the values of decentralization.

With its move to Base, NNN sets the foundation for long-term growth and mass adoption through transparent governance, sustainable tokenomics, and community-first design.

Useful Links:

Contact:
Lukas Balga
Info@nnn-community.com

Disclaimer: This is a paid post and is provided by NNN.. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/be03029f-f3c0-48d3-8b17-859e9ce23f6a

The MIL Network –

April 22, 2025

MIL-OSI United Kingdom: Change of His Majesty’s Ambassador to the Netherlands: Chris Rampling

Source: United Kingdom – Government Statements

Press release

Change of His Majesty’s Ambassador to the Netherlands: Chris Rampling

Mr Chris Rampling has been appointed His Majesty’s Ambassador to the Kingdom of the Netherlands in succession to Ms Joanna Roper CMG. Mr Rampling will take up his appointment during July 2025.

Curriculum vitae

Full name: Christopher Maxwell Rampling

Date	Role
2023 to 2024	FCDO, Director-General (acting) Defence & Intelligence
2020 to 2024	FCDO, National Security Director
2018 to 2020	Beirut, Her Majesty’s Ambassador
2014 to 2018	Brussels, UK Permanent Representation to the EU, Foreign Policy, Defence and Development Counsellor
2013 to 2014	FCO, Head Corporate Services Programme
2013	Secondment to The Prince’s Trust
2009 to 2013	Amman, Deputy Head of Mission
2007 to 2009	FCO, Deputy Head, Counter Proliferation Department
2005 to 2007	FCO, Team Leader, Turkey Team
2003	Jerusalem, Political and Press Officer
2002 to 2005	Tripoli, Political and Press Officer
2000 to 2002	Pre-posting training (including Arabic language training, Cairo)
1999 to 2000	FCO, Desk officer, Turkey/Malta
1999	Joined FCO
1996 to 1999	Private sector (Insurance)

Media enquiries

Email newsdesk@fcdo.gov.uk

Telephone 020 7008 3100

Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

Published 22 April 2025

MIL OSI United Kingdom –

April 22, 2025

MIL-OSI: Best No KYC Casinos 2025: 7Bit Casino Rated as the Top Instant Withdrawal Casino with No Verification

Source: GlobeNewswire (MIL-OSI)

RENO, Nev., April 22, 2025 (GLOBE NEWSWIRE) — In light of that, our team set out to find the best no KYC casinos available to players in 2025, digging through dozens of crypto-friendly platforms. After extensive research and testing, one casino clearly stood out – 7Bit Casino.

With its commitment to player anonymity, ultra-fast crypto payouts, and massive game selection, 7Bit Casino passed every benchmark and proved to be the best no KYC casino of 2025.

Why 7Bit Stands Out

7Bit Casino appears to excel among the best no KYC casinos due to its vast game library, anonymous crypto transactions, and generous bonuses. It’s likely ideal for players seeking privacy without sacrificing variety or security.

How to Get Started

Visit the 7Bit Casino website, sign up, deposit using crypto or fiat, and claim a 325% welcome bonus up to 5.25 BTC plus 250 free spins.

>>CLICK HERE TO JOIN 7BIT CASINO & GET 325% WELCOME BONUS UP TO 5.25 BTC PLUS 250 FREE SPINS<<

Game Highlights

Popular games like Mega Moolah, live blackjack, and Texas Hold’em seem to cater to all preferences, making it a top anonymous online casino.

VIP Program and Loyalty Rewards

7Bit Casino offers a robust VIP program designed to reward loyal players with exclusive perks. The program is tier-based, with levels ranging from Newbie to Hero. As players wager real money, they earn Comp Points (CPs) at a rate of 0.0042 BTC per point, which can be exchanged for bonus cash. Higher tiers unlock benefits like:

Increased Cashback: Up to 20% with reduced wagering requirements (as low as 1x for top tiers).
Exclusive Bonuses: Personalized offers, including free spins and deposit matches.
Dedicated Account Managers: Priority support for high-level VIPs.
Faster Withdrawals: Expedited processing for crypto transactions.

The VIP program enhances the appeal of 7Bit Casino as a top no KYC casino, rewarding consistent play with tangible benefits.

Payment Options

Crypto (Bitcoin, Ethereum) offers anonymity; fiat options like Pay ID ensure fast transactions, positioning 7Bit as a leading Pay ID casino.

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In this detailed review, we’ll explore why 7Bit Casino is among the best no KYC casinos in 2025. We’ll cover its key features, pros and cons, how to join, our selection criteria, popular games, payment methods, responsible gambling practices, and why it’s a top anonymous online casino.

A Closer Look at the Best No KYC Casino: 7Bit Casino

7Bit Casino, operating for over a decade, holds a license from the Curacao eGaming Commission, ensuring a secure and fair gaming environment. As one of the best no KYC casinos, it allows players to enjoy games without identity verification, appealing to those who value privacy. Its support for cryptocurrencies and minimal registration requirements make it a leading anonymous online casino.

With a robust mobile platform and a vast game library, 7Bit Casino caters to both casual and seasoned players. With the rising popularity of online gaming platforms prioritizing privacy, no KYC casinos have seen a surge in demand. Among these, 7Bit Casino stands out as a top contender in 2025, offering anonymous play, cryptocurrency payments, and a vast selection of over 10,000 games.

Our team researched numerous best no KYC casinos, and 7Bit Casino consistently ranked high due to its focus on player privacy, fast transactions, and diverse gaming options. Whether you’re spinning slots, playing live dealer games, or enjoying table games like blackjack and roulette, 7Bit Casino delivers an unmatched experience as a no id verification casino.

Why 7Bit Casino is Our Favorite No KYC Casino

7Bit Casino tops our list of best no KYC casinos for several reasons. Its welcome bonus is among the most generous, offering a 325% match up to 5.25 BTC plus 250 free spins across four deposits:

First Deposit: 100% match up to 1.5 BTC + 100 free spins.
Second Deposit: 75% match up to 1.25 BTC + 100 free spins.
Third Deposit: 50% match up to 1.5 BTC.
Fourth Deposit: 100% match up to 1 BTC + 50 free spins.

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Beyond the welcome offer, 7Bit Casino provides ongoing promotions like weekly cashback, daily free spins, and seasonal offers, enhancing the player experience. Its game library, with over 10,000 titles, includes slots, table games, and live dealer options, ensuring variety for all preferences. The casino’s seamless payment options, including crypto and pay ID casino features, add convenience, while 24/7 customer support ensures prompt assistance.

Pros and Cons of 7Bit Casino

Pros	Cons
Over 10,000 games, including slots, table games, and live dealer options.	High wagering requirements on bonuses.
Anonymous play with cryptocurrency payments, no KYC required.	Mixed customer support reviews.
Fast withdrawals via crypto and Pay ID.
Generous welcome bonus and frequent promotions.
24/7 customer support via email and live chat.

Despite minor drawbacks, 7Bit Casino remains a top choice among the best no KYC casinos.

How To Join 7Bit Casino

Joining 7Bit Casino, a leading no ID verification casino, is simple:

Visit 7Bit Casino: Go to the official website.
Create an Account: Click “Sign Up,” enter your email, choose a currency, and set a username and password.
Make Your First Deposit: Navigate to the cashier, select a payment method (crypto or fiat), and deposit the minimum amount to activate the welcome bonus.
Claim the Welcome Bonus: The bonus is automatically credited after your deposit, no promo code needed.
Start Playing: Explore the game library and enjoy real-money gaming.

This streamlined process makes 7Bit Casino ideal for new online casino players seeking a no ID verification casino.

How We Selected the Best No KYC Casino

We evaluated the best no KYC casinos based on strict criteria to ensure a safe, rewarding experience:

License and Security: Must be licensed by a reputable authority.
Bonuses and Promotions: Generous offers for new and existing players.
Casino Games: Diverse selection catering to all preferences.
Casino Game Providers: Partnerships with top developers for quality games.
Banking Methods: Flexible options, especially cryptocurrencies.
Customer Support: 24/7 availability for prompt assistance.

7Bit Casino excels in these areas, making it the best no-KYC casino.

License and Security

7Bit Casino is licensed by the Curacao eGaming Commission, ensuring fairness and security. It uses SSL encryption to protect player data, reinforcing its status as a trusted anonymous online casino (Curacao eGaming).

Bonuses and Promotions

7Bit Casino offers a 325% welcome bonus up to 5.25 BTC plus 250 free spins, alongside regular promotions:

Weekly Cashback: Up to 20% on losses.
Monday Offer: 25% up to 6.5 mBTC + 50 free spins.
Wednesday Offer: Up to 100 free spins on Snoop Dogg Dollars.
Friday Offer: 111 free spins for a 0.52 mBTC deposit.
Weekend Offer: 99 free spins on 7Bit CasinoMillion.
Telegram Bonuses: Exclusive free spins via the Telegram channel.

These offers make 7Bit Casino a favorite among the best no KYC casinos.

Casino Games

With over 10,000 games, 7Bit Casino offers slots, table games, live dealer games, and instant wins from providers like NetEnt and Microgaming, ensuring high-quality gameplay.

Casino Game Providers

7Bit Casino partners with over 100 providers, including NetEnt, Microgaming, BGaming, Platipus, 3 Oaks, and 1spin4win, delivering a diverse, high-quality game library (7Bit Casino Providers).

Banking Methods

7Bit Casino supports cryptocurrencies (Bitcoin, Ethereum, Litecoin, Dogecoin) for anonymous transactions and fiat options (VISA, Mastercard, Skrill, Neosurf, Paysafe Card). The pay ID casino feature ensures fast transactions for Australians.

Customer Support

7Bit Casino provides 24/7 support via email (support@7bitcasino.com) and live chat. While most players report positive experiences, some note occasional delays (Trustpilot Reviews).

Best No KYC Casino Games

7Bit Casino’s game library, with over 10,000 titles, is a key reason it’s among the best no KYC casinos. It offers slots, table games, live dealer games, and instant wins.

1. Online Slots

Slots dominate 7Bit Casino’s offerings, with thousands of titles:

Mega Moolah: A progressive jackpot slot with an African safari theme, known for life-changing wins (Mega Moolah Review).
Johnny Cash: A Wild West-themed slot with stacked wilds and free spins.
Raging Lion: Features a lion theme with frequent payouts and multipliers.
Starburst: Vibrant gems and expanding wilds for simple, exciting gameplay.
Book of Dead: Egyptian-themed with high volatility and big win potential.
Gonzo’s Quest: Avalanche reels and free falls in a quest for El Dorado.
Immortal Romance: Vampire-themed with multiple bonus features.
Thunderstruck II: Norse mythology slot with progressive jackpots.

2. Live Dealer Games

7Bit Casino offers over 100 live dealer games, streamed in real-time:

Live Roulette: American, European, French, and Lightning Roulette variants.
Live Blackjack: Classic, multi-hand, and high-roller tables.
Live Baccarat: Squeeze and speed baccarat options.
Live Poker: Texas Hold’em and Three Card Poker.

3. Poker

Poker options include:

Texas Hold’em: Popular for strategic gameplay.
Omaha: Fast-paced with complex strategy.
Caribbean Stud: Casino-style with progressive jackpots.

4. Roulette

Over 113 roulette variants:

European Roulette: Single zero for better odds.
American Roulette: Double zero for added excitement.
French Roulette: La Partage rule for lower house edge.
Multi-Wheel Roulette: Multiple wheels for increased action.

5. Blackjack

162 blackjack variants:

Single Deck Blackjack: Simple rules for strategic play.
Atlantic City Blackjack: Multi-hand option.
European Blackjack Gold Series: Enhanced graphics and gameplay.

6. Other Popular Games

Instant win games include:

Aviator: Crash game with high multipliers.
JetX: Cash out before the jet crashes.
Smash: Smash objects to reveal prizes.
Plinko: Arcade-style with prize drops.

Tournaments and Competitive Play

7Bit Casino hosts engaging tournaments that add excitement to the gaming experience. Key events include:

Weekly Slots Race: A 7-day competition with a prize pool of up to 5 BTC. Players earn points based on bets and wins, with the top 150 leaderboard positions receiving rewards.
Daily Drop Tournaments: 24-hour events with smaller prize pools (0.5–1 BTC), focusing on specific providers or themes, ideal for quick competitions.
Seasonal Events: Special tournaments tied to holidays or new game releases, offering free spins, cash prizes, and exclusive rewards.

These tournaments make 7Bit Casino a dynamic, anonymous online casino, fostering a competitive yet rewarding environment.

Best No KYC Casino Payment Methods

7Bit Casino excels in payment flexibility, a hallmark of the best no KYC casinos.

Cryptocurrency Payments

Cryptocurrencies ensure anonymity:

Cryptocurrency	Features
Bitcoin (BTC)	Secure, fast transactions.
Ethereum (ETH)	Low fees, quick processing.
Litecoin (LTC)	Lightweight, fast withdrawals.
Dogecoin (DOGE)	Affordable for casual players.

Crypto payments are processed within 24 hours, ideal for anonymous online casino players.

Fiat Methods

Fiat options include:

Fiat Currency	Features
VISA/Mastercard	Easy deposits may require verification
Neosurf	Prepaid card for anonymity.
Skrill/Neteller	Fast e-wallet transactions
Bank Transfer	Slower, secure for large withdrawals.
Paysafe Card	Secure prepaid vouchers

The pay ID casino feature ensures quick transactions for Australians.

Responsible Gambling Tools in Depth

Beyond standard responsible gambling tools, 7Bit Casino provides advanced features to promote safe play:

Self-Exclusion Options: Players can request temporary or permanent account suspension.
Reality Checks: Customizable pop-up reminders to track gaming time.
Loss and Wager Limits: Adjustable caps to control spending and betting.

These tools align with industry standards, ensuring 7Bit Casino remains a responsible pay id casino for players prioritizing safety.

Why 7Bit Casino Excels for Anonymous Play

7Bit Casino is the best no KYC casino due to its focus on privacy. No KYC requirements allow instant play, while cryptocurrency payments ensure anonymity. SSL encryption protects data, balancing privacy with security. This makes 7Bit Casino ideal for players prioritizing discretion without compromising quality.

Mobile Gaming at 7Bit Casino

7Bit Casino offers a seamless mobile experience on iOS and Android, accessible via browsers. The mobile platform mirrors the desktop version, with over 10,000 games optimized for touchscreens, ensuring players enjoy the best no KYC casino experience on the go.

Player Feedback and Reputation

Recent player reviews highlight 7Bit Casino’s strengths and areas for improvement. Positive feedback emphasizes the vast game selection, fast crypto withdrawals, and generous bonuses. For instance, a player reported a 244.4x win on Wolf of 7bit Street, showcasing the platform’s potential for big payouts. However, some users note occasional delays in fiat withdrawals and high wagering requirements (35x–40x). Despite these, 7Bit maintains a 4-star Trustpilot rating based on over 1,169 reviews, reflecting its reliability as a best no KYC casino.

Common Inquiries

1. Does 7Bit Casino ever require KYC?

Ans: Generally, no for crypto users, but KYC may be requested for suspicious activity or large fiat transactions.

2. How fast are crypto withdrawals, and are there fees?

Ans: Withdrawals are usually processed within minutes to a few hours. 7Bit charges no fees, but blockchain network fees apply.

3. Are there provably fair games at 7Bit Casino?

Ans: Yes, mainly in the “BTC Games” section, offering verifiable fairness using cryptographic algorithms.

4. Can I get rewards without KYC?

Ans: Yes, VIP perks, cashback, and bonuses are available without ID verification for crypto users.

5. Is 7Bit Casino licensed and secure?

Ans: Yes, it’s licensed in Curacao, uses SSL, supports 2FA, and stores crypto in secure cold wallets.

7Bit Casino Conclusion: The Best No KYC Casino

7Bit Casino is among the best no KYC casinos in 2025, offering privacy, over 10,000 games, generous bonuses, and flexible payments. Fast crypto withdrawals, a robust mobile platform, and 24/7 support make it a top anonymous online casino. Ultimately, 7Bit Casino is a standout best no KYC casino for its ability to combine privacy, security, and an expansive gaming ecosystem.

Whether you’re chasing progressive jackpots, engaging in live dealer action, or enjoying instant-win games, 7Bit delivers a thrilling, player-centric experience. Its focus on responsible gambling, with tools like deposit limits and self-exclusion, ensures a safe environment, while its forward-thinking approach positions it as a leader in the evolving online gaming landscape. For anyone seeking a secure, private, and exhilarating gaming journey in 2025, 7Bit Casino is the definitive choice.

Email: Support@7bitCasino.com

Disclaimer: This press release is provided by the 7Bit Casino. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

Legal Disclaimer

This content is for informational purposes only. Ensure compliance with local gambling laws.

Affiliate Disclosure

Some links may be affiliate links, earning a commission at no cost to you. Recommendations are based on objective evaluation.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/660f7dac-9451-4cd3-a355-273dbc4f1538

The MIL Network –

April 22, 2025

MIL-Evening Report: To truly understand Pope Francis’ theology – and impact – you need to look to his life in Buenos Aires

Source: The Conversation (Au and NZ) – By Fernanda Peñaloza, Senior Lecturer in Latin American Studies, University of Sydney