Number Of U.S. Banks With Frequent Losses Increases In Q1 2025

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.

Seeking Alpha • Jun 7, 2025

Patriot National Bancorp Announces Completion of $10M Registered Direct Offering

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.

GlobeNewsWire • Jun 5, 2025

Patriot National Bancorp Finance Chief David Finn to Resign

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

Market Watch • Mar 26, 2025

Patriot National Bancorp Announces Over $50 Million Private Placement

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 to increase the equity capital and strengthen the balance sheet of Patriot National Bancorp and its wholly owned banking subsidiary, Patriot Bank NA.

GlobeNewsWire • Mar 20, 2025

Love National Union Bank (PNBK) Sees Stock Surge of 6.34%

Love National Union Bank (PNBK, Financial) experienced a significant stock price increase of 6.34%. The stock is currently trading at $1.96 per share with a trading volume of 374 shares, a turnover rate of 0.01%, and an amplitude of 2.45%.

GuruFocus • Oct 2, 2024

Patriot Reports Second Quarter Results

STAMFORD, Conn., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A.

GlobeNewsWire • Aug 11, 2023

Patriot Bank Announces Appointment of Grace Doherty to the Board of Directors

STAMFORD, Conn., July 21, 2023 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced that Grace Doherty, of Milton MA, has been appointed to the Board of Directors of the Bancorp and the Bank.

GlobeNewsWire • Jul 21, 2023

Patriot Reports Break Even First Quarter

STAMFORD, Conn., May 12, 2023 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A.

GlobeNewsWire • May 12, 2023

Patriot Bank Announces Promotion of Chief Lending Officer to President & CEO

STAMFORD, Conn., March 29, 2023 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced the promotion of David Lowery to become President and CEO of the Bank, succeeding Robert Russell.

GlobeNewsWire • Mar 29, 2023

Patriot Reports Fourth Quarter 2022 Net Income of $1.8 million, $0.45 per share; Full Year Net Income of $6.2 million, $1.56 per share

Pre-tax Income and Net Interest Margin buoyed by exceptional loan and deposit growth Pre-tax Income and Net Interest Margin buoyed by exceptional loan and deposit growth

GlobeNewsWire • Mar 7, 2023