Patriot National Bancorp, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Company Description
- 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.
Company News
Head to Head Contrast: Patriot National Bancorp (NASDAQ:PNBK) & BV Financial (NASDAQ:BVFL)
Patriot Bank's Formal Agreement With the OCC Has Been Terminated
Patriot Bank Opens Flagship California Location in Beverly Hills With Over $100 Million in Deposits
Patriot Bank Expands into Palm Beach and the South Florida Market
Patriot Bank Expands High Net Worth Banking Platform in Greenwich, CT
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Short Interest in Patriot National Bancorp Inc. (NASDAQ:PNBK) Grows By 83.2%
Patriot National Bancorp (NASDAQ:PNBK) Stock Crosses Above 200 Day Moving Average – Here’s Why
Patriot National Bancorp Inc. (NASDAQ:PNBK) Short Interest Update
Patriot National Bancorp (NASDAQ:PNBK) Stock Passes Below 200 Day Moving Average – What’s Next?
Patriot National Bancorp (NASDAQ:PNBK) & Pioneer Bankshares (OTCMKTS:PNBI) Head-To-Head Analysis
Patriot National Bancorp (NASDAQ:PNBK) Stock Price Passes Above 200 Day Moving Average – Should You Sell?
Patriot National Bancorp (NASDAQ:PNBK) Share Price Passes Above 200-Day Moving Average – Should You Sell?
F & M Bank (OTCMKTS:FMBM) & Patriot National Bancorp (NASDAQ:PNBK) Critical Comparison
Patriot National Bancorp, Inc.(NasdaqGM:PNBK) added to Russell Small Cap Comp Growth Index
Patriot National Bancorp Announces Completion of $10M Registered Direct Offering
Patriot National Bancorp Finance Chief David Finn to Resign
Patriot National Bancorp Announces Over $50 Million Private Placement
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Patriot Reports Second Quarter Results