An update from Patriot National Bancorp ( (PNBK) ) is now available.
On March 20, 2025, Patriot National Bancorp completed a $57.75 million private placement involving common and preferred stock, which included amendments to existing notes and a conversion of $7 million into common stock. Additionally, the company entered into a Registration Rights Agreement to register securities for resale with the SEC. On March 24, 2025, David Finn resigned as Executive Vice President and CFO, effective May 15, 2025, to pursue other opportunities, ensuring a smooth management transition.
More about Patriot National Bancorp
Patriot National Bancorp, Inc. operates in the financial services industry, focusing on banking products and services. The company is involved in providing a range of financial solutions, including loans, deposits, and other banking services, primarily targeting individual and business clients.
YTD Price Performance: -27.27%
Average Trading Volume: 1,401,646
Technical Sentiment Signal: Buy
Current Market Cap: $5.41M
Find detailed analytics on PNBK stock on TipRanks’ Stock Analysis page.