American Banker1d
Patriot National raises $50 million, parts ways with CEO
The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long ...
Patriot National announces departure of CEO David Lowery
Bancorp announced the departure of CEO David Lowery and the execution of a long-term employment agreement with ...
Steven A. Sugarman
Sugarman previously founded Banc of California and served as the board chair, chief executive officer and president until ...
Westfair Communications1d
Troubled Patriot Bank replaces CEO, raises $50M in private placement
Patriot Bank officers and directors celebrate opening the NASDAQ opening bell. File photo STAMFORD – The financially troubled Patriot Bank ...
Patriot National Bancorp Announces Over $50 Million Private Placement
Equity recapitalization is expected to result in strong balance sheet and robust capital ratiosPresident Steven Sugarman entered into long-term ...
Nasdaq1d
Patriot National Bancorp, Inc. Announces $50 Million Equity Recapitalization and Leadership Changes
President Steven Sugarman highlighted strong investor interest and expressed optimism for the bank's future. The company also announced that CEO David Lowery will depart by April 15, 2025 ...
American Banker25d
Patriot warns of quarterly loss, progresses on capital raise
The bank has since pursued the latter option. It said in January that it hired Banc of California founder Steven Sugarman to help raise capital. Sugarman, who joined Patriot as president and a ...
Los Angeles Times2y
Steven A. Sugarman
Steven A. Sugarman founded The Change Company in 2017. The Change Company is a Community Development Financial Institution certified by the United States Department of Treasury and the State of ...