Patriot National Bancorp, Inc. Stock News

More banks are racking up frequent losses, while the cumulative net loss at credit unions has jumped in recent periods. In the first quarter of 2025, the number of banks with losses in at least four of the last eight quarters increased to 235 from 219 in the 2024 fourth quarter and 160 in the year-ago period.

STAMFORD, Conn., June 05, 2025 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (NASDAQ: PNBK) (the “Company”), the parent company of Patriot Bank, N.A., today announced that it has successfully completed a registered direct offering of 8,524,160 shares of its common stock at a purchase price of $1.25 per share, raising gross proceeds of $10,655,200.

Patriot National Bancorp said Finance Chief David Finn handed his resignation to the company after less than six months in the job.

STAMFORD, Conn., March 20, 2025 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (the “Company”) (NASDAQ: PNBK) announced today that it has entered into securities purchase agreements to raise over $50 million in a private placement and agreed to issue shares of common stock and non-voting preferred stock to a diverse group of accredited investors. Net proceeds from the offering will be used ...