Patriot National Bancorp, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Steven Alan Sugarman
- Full Time Employees
- 107
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 900 Bedford Street Stamford CT United States of America 06901
- IPO Date
- Aug 31, 1994
- CIK
- 0001098146
- Website
- bankpatriot.com
- Similar Companies
- Business
- Patriot National Bancorp, Inc. is the holding company for Patriot Bank, N.A., a community bank that provides consumer and commercial banking services to individuals, small and medium-sized businesses, professionals, nonprofits, and municipalities primarily in Fairfield and New Haven Counties in Connecticut and Westchester County in New York. Bank products include checking accounts, savings accounts, money market accounts, time certificates of deposit, individual retirement accounts, health savings accounts, prepaid deposit accounts, online national money market accounts, and certificate of deposit account registry service; the lending portfolio comprises commercial real estate mortgage and construction loans, commercial business loans, small business administration (SBA) loans, home improvement loans, home equity lines of credit, purchased residential real estate loans, and other consumer loans including FHA, USDA, VA, and conventional home loans; additional services encompass automated clearing house transfers, wire transfers, lockbox services, internet and mobile banking, bill payment, remote deposit capture, debit and credit cards, bank checks, money orders, traveler's checks, automated teller machines (ATMs), interactive teller machines (ITMs), business cash management tools such as ACH origination, positive pay, direct deposit of payroll, state and federal tax payments, and real-time fund transfers. Founded in 1999 and headquartered at 900 Bedford Street in Stamford, Connecticut, the company operates eight branch offices and maintains a focus on local expertise with digital banking solutions and community support initiatives. Recent developments include raising over $50 million in a private placement of common and non-voting preferred stock in March 2025 to bolster equity capital and balance sheet strength, appointing Steven Sugarman as president and board member in January 2025 to lead the capital raise, CEO David Lowery's departure in April 2025 following the recapitalization, and the addition of Ida Liu, Jonathan Roth, and Jeffrey Seabold as directors effective November 2025.
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