PNBK vs CTBI vs NBTB vs HONE

For growth investors, HarborOne Bancorp, Inc.

(HONE) is the stronger pick with 10. 7% revenue growth year-over-year, versus -4. 0% for Patriot National Bancorp, Inc. (PNBK). Community Trust Bancorp, Inc. (CTBI) offers the better valuation at 12. 7x trailing P/E (11. 3x forward), making it the more compelling value choice. Analysts rate Community Trust Bancorp, Inc. (CTBI) a "Hold" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Community Trust Bancorp, Inc.

(CTBI) is the cheapest at 12. 7x versus HarborOne Bancorp, Inc. at 18. 3x. On forward P/E, Patriot National Bancorp, Inc. is actually cheaper at 0. 7x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: HarborOne Bancorp, Inc. wins at 0. 89x versus NBT Bancorp Inc. 's 1. 61x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Community Trust Bancorp, Inc.

(CTBI) delivered a total return of +82. 6%, compared to -88. 6% for Patriot National Bancorp, Inc. (PNBK). Over 10 years, the gap is even starker: CTBI returned +144. 3% versus PNBK's -92. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Community Trust Bancorp, Inc.

(CTBI) is the lower-risk stock at 0. 71β versus Patriot National Bancorp, Inc. 's 1. 46β — meaning PNBK is approximately 105% more volatile than CTBI relative to the S&P 500. On balance sheet safety, NBT Bancorp Inc. (NBTB) carries a lower debt/equity ratio of 17% versus 90% for HarborOne Bancorp, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), HarborOne Bancorp, Inc.

(HONE) is pulling ahead at 10. 7% versus -4. 0% for Patriot National Bancorp, Inc. (PNBK). On earnings-per-share growth, the picture is similar: Patriot National Bancorp, Inc. grew EPS 98. 4% year-over-year, compared to 12. 5% for NBT Bancorp Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Community Trust Bancorp, Inc.

(CTBI) is the more profitable company, earning 24. 0% net margin versus -21. 9% for Patriot National Bancorp, Inc. — meaning it keeps 24. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CTBI leads at 31. 0% versus -21. 8% for PNBK. At the gross margin level — before operating expenses — NBTB leads at 72. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, HarborOne Bancorp, Inc. (HONE) is the more undervalued stock at a PEG of 0. 89x versus NBT Bancorp Inc. 's 1. 61x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Patriot National Bancorp, Inc. (PNBK) trades at 0. 7x forward P/E versus 13. 3x for HarborOne Bancorp, Inc. — 12. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for HONE: 15. 7% to $14. 00.

In this comparison, NBTB (3.

0% yield), CTBI (2. 9% yield), HONE (2. 6% yield) pay a dividend. PNBK does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Community Trust Bancorp, Inc.

(CTBI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 71), 2. 9% yield, +144. 3% 10Y return). Both have compounded well over 10 years (CTBI: +144. 3%, PNBK: -92. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: PNBK is a small-cap quality compounder stock; CTBI is a small-cap deep-value stock; NBTB is a small-cap deep-value stock; HONE is a small-cap quality compounder stock. CTBI, NBTB, HONE pay a dividend while PNBK does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.