Narragansett Bancorp completes IPO, lists on Nasdaq as NARA

Narragansett Bancorp, the holding company for BayCoast Bank, received final approvals for its IPO, expected to close on November 2, 2026. The company plans to sell 9,098,800 shares, with trading to begin on Nasdaq under the ticker 'NARA'. Total shares issued and outstanding are expected to reach 21,160,000. Piper Sandler & Co. acted as the marketing agent for the offering.

Narragansett Bancorp, the holding company for BayCoast Bank, received final approvals for its IPO and Nasdaq debut on November 2. The company plans to sell 9,098,800 shares, with 761,760 allocated to its Employee Stock Ownership Plan. It will trade under the ticker 'NARA'. The offering was oversubscribed, and Continental Stock Transfer & Trust Company will handle share distribution. Piper Sandler & Co. acted as the marketing agent.

Narragansett Bancorp, the proposed holding company for BayCoast Bank, announced the expected closing date of its IPO on November 2, 2026, with shares to trade under the symbol 'NARA'. The company plans to sell 9,098,800 shares, with additional shares issued to Narragansett Financial Corporation and BayCoast Charitable Foundation. The offering was oversubscribed by the bank's depositors.

Narragansett Bancorp, Inc. (NARA) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Narragansett Bancorp, Inc. Announces Results for the Quarter Ended September 30, 2026 Investor Contact Marie Pellegrino President IR@baycoastbank.com 888-806-2872 SWANSEA, MA, October 27, 2026- Narragansett Financial Corporation (the "Company"), the parent company of

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