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Patriot National Bancorp ( (PNBK) ) just unveiled an update.
On June 5, 2025, Patriot National Bancorp announced the completion of a registered direct offering, raising over $10 million by selling 8,524,160 shares of common stock at $1.25 per share. This follows a previous private placement in March 2025 that raised over $50 million. The successful offering strengthens the bank’s capital base, enhancing its ability to execute strategic objectives and better serve its clients and communities.
Spark’s Take on PNBK Stock
According to Spark, TipRanks’ AI Analyst, PNBK is a Neutral.
Patriot National Bancorp’s overall stock score reflects significant financial challenges, weak technical indicators, and an unattractive valuation. Despite some positive corporate developments, the ongoing financial distress and negative profitability metrics weigh heavily on the stock’s potential.
To see Spark’s full report on PNBK stock, click here.
More about Patriot National Bancorp
Patriot National Bancorp, Inc. is a financial services company operating in the banking industry, primarily offering banking services through its subsidiary, Patriot Bank, N.A. The company focuses on serving clients and communities with resilience and flexibility.
Average Trading Volume: 755,697
Technical Sentiment Signal: Strong Sell
Current Market Cap: $93.8M
See more insights into PNBK stock on TipRanks’ Stock Analysis page.