Paragon Commercial

General Information

(Note – a public offering: “Prior to this offering, our common stock was quoted on the OTCQX marketplace under the symbol “PBNC.””)

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.


Employees: 140
Founded: 1999
Contact Information
Address 3535 Glenwood Avenue, Raleigh, NC 27612, US
Phone Number (919) 788-7770
Web Address
View Prospectus: Paragon Commercial
Financial Information
Market Cap $181.5mil
Revenues $49.6 mil (last 12 months)
Net Income $11.8 mil (last 12 months)
IPO Profile
Symbol PBNC
Exchange NASDAQ
Shares (millions): 0.7
Price range $34.00 - $34.00
Est. $ Volume $25.0 mil
Manager / Joint Managers Raymond James
CO-Managers Sandler O'Neill & Partners, L.P.
Expected To Trade: 6/16/2016
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change