Narragansett Bancorp, Inc. is a Maryland corporation formed as part of the reorganization of Narragansett Financial Corporation, which has governed BayCoast Bank since 1998. This transition establishes Narragansett Bancorp, Inc. as the bank holding company for BayCoast Bank, which operates as a Massachusetts-chartered savings bank providing various banking services including commercial and residential loans, insurance products, and investment services. The primary market for BayCoast Bank is in the South Coast of Massachusetts and Rhode Island, with additional operations expanding into multiple states for certain services.
BayCoast Bank generates revenue primarily through interest income from loans and investments, as well as non-interest income from subsidiaries that provide mortgage origination, investment management, insurance products, and other financial services.
The proceeds from the offering will primarily be used for general corporate purposes, including supporting the growth and operations of BayCoast Bank.
This summary is generated automatically from the company's own filing and may contain errors or omissions. It is a reading aid, not a substitute for the filing itself, and it is not advice.
The proposed ticker is NARA. Narragansett Bancorp, Inc. is headquartered in United States and incorporated in MD. It is classified under Savings Institutions, Not Federally Chartered.
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Narragansett Bancorp, Inc.'s proposed ticker is NARA.
Registration statement filed with the U.S. Securities and Exchange Commission. Retrieved Aug 27, 2026.
View the original filing on SEC EDGAR →Not investment advice. DiscoverIPO is an informational database. Nothing here is a recommendation to buy or sell any security, and no content should be relied on as financial advice. All figures come from public filings and exchange calendars, may be incomplete or out of date, and should be verified against the original source before you act on them.
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