Paragon Commercial (PBNC) Priced

North Carolina commercial bank with three branches and $1.3 billion in assets.

Financials - Banks

IPO Performance
Latest Trade $48.83 0.00 (0.0%)
First Day Return 1.8%
Return from IPO 43.6%
 
Paragon Commercial IPO News more
  • .
IPO Data
IPO File Date 05/26/2016
Offer Price $34.00
Price Range $33.00 - $35.00
Offer Shares (mm) 0.7
Deal Size ($mm) 25
 
IPO Data
IPO Date 06/15/2016
Offer Price $34.00
Price Range $33.00 - $35.00
Offer Shares (mm) 0.7
Deal Size ($mm) $25
 
Underwriters
more
Business Overview
We were formed with the goal of filling what we believe is an unmet demand in our markets: delivering the commercial and private banking expertise and professionalism of a large bank with the responsive, personalized service of a community bank. We offer the client experience of a private bank for businesses and individuals through highly talented and experienced employees at carefully selected, professional office locations. Our combination of efficient staffing and a limited number of professional offices helps us drive profitability and create stockholder value, including by operating more efficiently than many of our peer institutions.
We were formed with the goal of filling what we believe is an unmet demand in our markets: delivering the commercial and private banking expertise and professionalism of a large bank with the responsive, personalized service of a community bank. We offer the client experience of...
more
Company Data
Headquarters Raleigh, NC
Founded 1999
Employees 142
Website www.paragonbank.com
 

Performance vs. IPO Index (IPOUSA)