Common Stock

PNC Financial Services Group declared quarterly dividends for common and preferred stock, signaling financial stability and commitment to shareholder returns. A $1.70 per share dividend on common stock is payable November 5, 2025, to shareholders of record October 14, 2025. Dividends were also announced for various preferred stock series with varying amounts and payment dates in November/December 2025. These dividends underscore PNC’s capital allocation strategy and confidence in navigating the current economic environment. Investors will monitor key performance metrics leading up to payment dates.

Costamare Inc. (CMRE) announced quarterly dividends for preferred and common stockholders. Preferred stock dividends, covering July 15-October 14, 2025, are: Series B (7.625%) at $0.476563/share, Series C (8.50%) at $0.531250/share, and Series D (8.75%) at $0.546875/share, payable October 15, 2025. A common stock dividend of $0.115/share for Q3 2025 will be paid November 6, 2025, to shareholders of record October 21, 2025. Dividends depend on earnings, financial conditions, and economic factors. CMRE is a leading containership owner.

On September 3, 2025, Customers Bancorp (CUBI) announced the pricing of a public offering of 2,189,781 shares of voting common stock at $68.50 per share, expected to generate $150 million. Underwriters have an option to purchase additional shares. Net proceeds will be used for general corporate purposes, including organic growth, debt refinancing, share repurchases, preferred stock redemption, capital investments, and potential acquisitions. The offering is expected to close around September 5, 2025. This move strengthens the bank’s balance sheet amid a complex economic environment.

Patriot National Bancorp (PNBK) completed a registered direct offering, raising $10.65 million through the issuance of common stock. This follows a previous $50 million private placement, bolstering investor confidence in Patriot Bank’s growth. The offering strengthens the bank’s capital base, enabling it to execute its strategic vision. Performance Trust Capital Partners, LLC, Blank Rome LLP, and Robinson & Cole LLP advised on the offering.

Orange County Bancorp, Inc. (OBT) announced a public offering of 1,720,430 shares at $23.25 each, potentially raising $40-$46 million in gross proceeds. Funds will support general corporate purposes, including growth initiatives, capital strengthening, and potential acquisitions. The offering, managed by Piper Sandler and Stephens, is expected to close June 5, 2025. Investors should review SEC filings for details.