Commercial Banks - Latest Activist Disclosures

This table shows recent activist investor (Schedule 13D) filings made in this industry. Any investor or hedge fund that makes an investment with the intention of influencing management is considered an activist investor and must file a 13D.

Date Form Target Company Investor Shares Ownership
(Percent)		 Ownership Change
(Percent)
2026-05-28 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 3,375,282 20.79 11.31
2026-05-22 13D/A FBK / FB Financial Corporation Estate of James W. Ayers 17,692 0.00 -99.75
2026-05-18 13D UNB / Union Bankshares, Inc. Zucker Anita G 347,994 7.54
2026-05-01 13D/A MPB / Mid Penn Bancorp, Inc. Norcross Philip A 2,451,458 9.69
2026-04-27 13D/A FBK / FB Financial Corporation Estate of James W. Ayers 7,069,533 13.70 0.00
2026-04-21 13D/A FBK / FB Financial Corporation Estate of James W. Ayers 7,069,533 13.70 -0.03
2026-04-21 13D/A FRST / Primis Financial Corp. Castle Creek Capital Partners VII, LP 1,076,499 4.40 -19.10
2026-04-14 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 3,032,215 18.74 7.06
2026-04-13 13D/A FRST / Primis Financial Corp. Castle Creek Capital Partners VII, LP 1,330,674 5.40
2026-04-09 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 2,832,311 17.51 6.75
2026-04-08 13D/A EQBK / Equity Bancshares, Inc. Patriot Financial Partners Iii, L.p. 1,017,214 4.85 1.50
2026-04-08 13D INBK / First Internet Bancorp Lame John C 149,224 1.72
2026-04-08 13D/A FCNCN / First Citizens BancShares, Inc. - Preferred Security Holding Frank B Jr 916,649 8.59
2026-04-06 13D ASB.PRE / Associated Banc-Corp - Preferred Stock Wende L. Kotouc 9,589,901 5.09
2026-04-03 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 2,653,095 16.40 7.15
2026-03-31 13D/A PNBK / Patriot National Bancorp, Inc. Sugarman Steven 11,109,021 9.50 23.16
2026-03-23 13D/A UMBFO / UMB Financial Corporation - Preferred Stock Kemper J Mariner 3,660,852 4.81
2026-03-23 13D MRLN / Merlin, Inc. Matthew George 14,890,622 17.70
2026-03-20 13D/A MPB / Mid Penn Bancorp, Inc. Hudson Susan Doris 2,451,458 9.69 13.91
2026-03-18 13D/A NAD / Nuveen Quality Municipal Income Fund Bank Of America Corp /de/ 7,995 49.90 0.00
2026-03-16 13D/A CMTV / Community Bancorp Zucker Anita G 271,575 4.90 -9.47
2026-03-13 13D/A NAD / Nuveen Quality Municipal Income Fund Wells Fargo & Company/mn 2,988 18.64 -14.33
2026-03-12 13D/A PML / PIMCO Municipal Income Fund II Bank Of America Corp /de/ 5,110 83.70 101.98
2026-03-10 13D/A PFBX / Peoples Financial Corporation Stilwell Value Partners VII, L.P. 738,135 16.00 6.80
2026-03-02 13D/A ONB / Old National Bancorp Otto Bremer Trust 41,210,548 10.60 -4.47
2026-02-18 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 2,475,948 15.30 12.02
2026-02-13 13D/A CFBK / CF Bankshares Inc. Cochran Edward W 349,913 5.50 0.86
2026-02-04 13D/A BANC / Banc of California, Inc. Warburg Pincus Llc 6,890,244 4.57 -55.81
2026-01-29 13D/A CPF / Central Pacific Financial Corp. Vm Gp Vii Llc 2,427,576 9.20 9.39
2026-01-23 13D/A ASRV / AmeriServ Financial, Inc. Baird Brent D 1,120,984 6.80 11.06
2026-01-22 13D/A PFBX / Peoples Financial Corporation Stilwell Value Partners VII, L.P. 691,112 15.00 6.77
2026-01-15 13D FDBC / Fidelity D & D Bancorp, Inc. Mcdonald Michael J 348,634 6.00
2026-01-02 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 2,210,355 13.66 7.99
2025-12-22 13D/A FCNCB / First Citizens BancShares, Inc. Holding Frank B Jr 178,757 17.78
2025-12-18 13D/A BWFG / Bankwell Financial Group, Inc. Bauer George P 392,180 4.98 -13.61
2025-12-16 13D/A CFBK / CF Bankshares Inc. Castle Creek Capital Partners VII, LP 308,342 4.80 -20.54
2025-12-12 13D/A USCB / USCB Financial Holdings, Inc. Patriot Financial Partners II, L.P. 1,867,786 10.30 -8.80
2025-12-10 13D/A CFBK / CF Bankshares Inc. Castle Creek Capital Partners VII, LP 388,065 6.10 -14.89
2025-12-03 13D/A TRMK / Trustmark Corporation Robert M Hearin Support Foundation 2,735,000 4.57 -31.34
2025-11-28 13D/A CFBK / CF Bankshares Inc. Castle Creek Capital Partners VII, LP 455,983 7.20 -15.18
2025-11-18 13D/A FBK / FB Financial Corporation Estate of James W. Ayers 7,071,925 13.67
2025-11-12 13D/A GF / The New Germany Fund, Inc. Saba Capital Management, L.P. 2,046,734 12.65 12.04
2025-11-10 13D/A ECF / Ellsworth Growth and Income Fund Ltd. Saba Capital Management, L.P. 1,680,620 12.29 9.53
2025-10-24 13D/A ASRV / AmeriServ Financial, Inc. Baird Brent D 1,009,310 6.10 19.91
2025-10-23 13D/A PNBK / Patriot National Bancorp, Inc. Sugarman Steven 9,019,978 7.80 28.49
2025-10-14 13D/A BNY / The Bank of New York Mellon Corporation Saba Capital Management, L.P. 1,059,923 4.39 -23.99
2025-10-08 13D/A CFBK / CF Bankshares Inc. Castle Creek Capital Partners VII, LP 537,600 8.40 -11.61
2025-10-02 13D/A FISI / Financial Institutions, Inc. PL Capital Advisors, LLC 1,785,686 8.90 18.88
2025-09-25 13D/A CPF / Central Pacific Financial Corp. Vm Gp Vii Llc 2,219,189 8.20 18.17
2025-09-25 13D/A FRST / Primis Financial Corp. Patriot Financial Partners Iii, L.p. 1,217,531 4.94 -7.59