Patriot National Bancorp, Inc. (PNBK) 10-Year Financial Performance & Capital Metrics

PNBK • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutPatriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service. Its loan portfolio comprises commercial real estate, commercial business, small business administration, construction, purchased residential real estate, and various consumer loans. The company also offers automated clearing house transfers, lockbox, Internet banking, bill payment, remote deposit capture, debit card, money order, traveler's check, and automatic teller machine services. It operated through a network of eight branch offices located in Fairfield and New Haven Counties, Connecticut; and one branch offices located in Westchester County, New York. The company was founded in 1994 and is headquartered in Stamford, Connecticut.Show more

Net Interest Income $20M -29.3%
Total Revenue $61M -6.4%
Net Income -$40M -854.3%
Return on Equity -163.96% -1939.5%
Net Interest Margin 1.95% -23.6%
Efficiency Ratio 52.7% +5.1%
ROA -3.79% -868.6%
Equity / Assets 0.42% -89.6%
Book Value per Share 0.32 -97.1%
Tangible BV/Share 0.31 -97.2%
Debt/Equity 7.75 +71.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 52.7% efficiency ratio

✗Weaknesses

✗High debt to equity ratio of 7.8x
✗Weak NIM of 2.0%
✗Thin capital base
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y10.59%

5Y5.67%

3Y18.23%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM32.1%

EPS CAGR

10Y-

5Y-

3Y-

TTM63.38%

ROCE

10Y Avg-0.2%

5Y Avg-1.72%

3Y Avg-3.05%

Latest-10.77%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	20.76M	22.05M	25.51M	27.51M	24.97M	23.75M	25.04M	32.88M	28M	19.79M
NII Growth %	0.21%	0.06%	0.16%	0.08%	-0.09%	-0.05%	0.05%	0.31%	-0.15%	-0.29%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	23.45M	25.05M	32.47M	39.88M	43.19M	37.5M	32.13M	43.63M	58.45M	52.08M
Interest Expense	2.69M	3.01M	6.96M	12.38M	18.22M	13.75M	7.09M	10.75M	30.46M	32.28M
Loan Loss Provision	250K	2.46M	-857K	1.3M	4.97M	2.17M	-500K	1.89M	7.43M	12.46M
Non-Interest Income+	1.79M	1.85M	1.76M	2.02M	2.78M	2.2M	4.51M	3.75M	6.25M	8.48M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	25.24M	26.91M	34.23M	41.91M	45.97M	39.71M	36.64M	47.38M	64.7M	60.56M
Revenue Growth %	0.14%	0.07%	0.27%	0.22%	0.1%	-0.14%	-0.08%	0.29%	0.37%	-0.06%
Non-Interest Expense	18.8M	18.3M	21.11M	24.14M	26.5M	27.94M	25.04M	26.99M	32.45M	31.91M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	3.5M	3.14M	7.02M	4.09M	-3.72M	-4.16M	5.01M	7.76M	-5.63M	-16.1M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	2.65%	-0.1%	1.24%	-0.42%	-1.91%	-0.12%	2.21%	0.55%	-1.73%	-1.86%
Pretax Income+	3.5M	3.14M	7.02M	4.09M	-3.72M	-4.16M	5.01M	7.76M	-5.63M	-16.1M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	1.36M	1.21M	2.88M	890K	-899K	-337K	-81K	1.6M	-1.45M	23.79M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	2.14M	1.93M	4.15M	3.2M	-2.82M	-3.82M	5.09M	6.16M	-4.18M	-39.88M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.86%	-0.1%	1.15%	-0.23%	-1.88%	-0.36%	2.33%	0.21%	-1.68%	-8.54%
Net Income (Continuing)	2.14M	1.93M	4.15M	3.2M	-2.82M	-3.82M	5.09M	6.16M	-4.18M	-39.88M
EPS (Diluted)+	0.55	0.49	1.06	0.78	-0.72	-0.97	1.29	1.56	-1.05	-10.03
EPS Growth %	-0.86%	-0.11%	1.16%	-0.26%	-1.92%	-0.35%	2.33%	0.21%	-1.67%	-8.55%
EPS (Basic)	0.55	0.49	1.06	0.78	-0.72	-0.97	1.29	1.56	-1.05	-10.03
Diluted Shares Outstanding	3.92M	3.95M	3.91M	3.92M	3.92M	3.94M	3.95M	3.96M	3.96M	13.29M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	85.4M	92.29M	48.73M	66.44M	39.4M	34.64M	47.05M	38.49M	52.52M	147.57M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	512.95M	605.86M	743.89M	817.23M	870.1M	774.52M	831.5M	932.19M	878.84M	740.11M
Investments Growth %	0.01%	0.18%	0.23%	0.1%	0.06%	-0.11%	0.07%	0.12%	-0.06%	-0.16%
Long-Term Investments	483.58M	581.43M	718.31M	777.73M	821.78M	725.26M	737.16M	847.67M	858.15M	720.32M
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	1.73M	1.11M	1.11M	1.11M	1.11M	0	0
Intangible Assets	0	0	0	698K	623K	343K	296K	249K	203K	156K
PP&E (Net)	29.42M	32.76M	35.36M	35.44M	34.57M	33.42M	31.5M	30.64M	29.88M	28.86M
Other Assets	9.81M	10.39M	10.21M	15.55M	19.3M	18.58M	19.06M	17.89M	100.64M	90.1M
Total Current Assets	116.79M	119.44M	77.8M	109.7M	91.32M	90.52M	147.21M	130.28M	80.42M	172.85M
Total Non-Current Assets	536.57M	637.21M	774.28M	842M	888.51M	790.21M	801.27M	913.08M	1.01B	839.44M
Total Assets+	653.36M	756.65M	852.08M	951.7M	979.84M	880.73M	948.48M	1.04B	1.09B	1.01B
Asset Growth %	0.03%	0.16%	0.13%	0.12%	0.03%	-0.1%	0.08%	0.1%	0.05%	-0.07%
Return on Assets (ROA)	0%	0%	0.01%	0%	-0%	-0%	0.01%	0.01%	-0%	-0.04%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	142.03M	159.48M	141.37M	130.98M	130.9M	120.81M	120.72M	115.19M	201.1M	33.07M
Net Debt	56.63M	67.19M	92.64M	64.55M	91.5M	86.18M	73.68M	76.7M	148.59M	-114.5M
Long-Term Debt	142.03M	159.48M	141.37M	130.98M	130.9M	120.81M	120.72M	115.19M	201.1M	33.07M
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	2.37M	2.68M	2.83M	2.93M	3.68M	3.79M	1.1M	886K	7.63M	8.36M
Total Current Liabilities	447.5M	531.93M	641.13M	748.45M	778.26M	692.91M	759.32M	867.7M	840.31M	966.6M
Total Non-Current Liabilities	144.39M	162.15M	144.2M	133.91M	134.58M	124.6M	121.82M	116.08M	208.73M	41.43M
Total Liabilities	591.89M	694.08M	785.33M	882.36M	912.84M	817.51M	881.14M	983.78M	1.05B	1.01B
Total Equity+	61.46M	62.57M	66.75M	69.34M	66.99M	63.22M	67.34M	59.58M	44.38M	4.26M
Equity Growth %	0.05%	0.02%	0.07%	0.04%	-0.03%	-0.06%	0.07%	-0.12%	-0.26%	-0.9%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.04%	0.03%	0.06%	0.05%	-0.04%	-0.06%	0.08%	0.1%	-0.08%	-1.64%
Book Value per Share	15.66	15.83	17.06	17.71	17.08	16.07	17.04	15.04	11.19	0.32
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	40K	40K	40K	105.96M	106.17M	106.33M	106.48M	106.56M	106.67M	106.85M
Additional Paid-in Capital	106.57M	106.73M	106.88M	107.09M	0	0	0	0	0	0
Retained Earnings	-44.83M	-42.9M	-38.83M	-35.79M	-38.77M	-42.59M	-37.5M	-31.34M	-47.03M	-86.91M
Accumulated OCI	-152K	-120K	-155K	-826K	-403K	-518K	-1.64M	-15.64M	-15.26M	-15.68M
Treasury Stock	-160K	-1.18M	-1.18M	-1.18M	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	5.67M	4.53M	7.29M	5.27M	-11.91M	6.28M	7.6M	7.04M	-10.71M	2.68M
Operating CF Growth %	-0.75%	-0.2%	0.61%	-0.28%	-3.26%	1.53%	0.21%	-0.07%	-2.52%	1.25%
Net Income	2.14M	1.93M	4.15M	3.2M	-2.82M	-3.82M	5.09M	6.16M	-4.18M	-39.88M
Depreciation & Amortization	1.04M	1.21M	1.27M	1.54M	1.69M	1.6M	1.64M	1.47M	1.35M	1.35M
Deferred Taxes	1.08M	1.11M	2.26M	-265K	-1.14M	-323K	-261K	1.49M	-4.21M	23.82M
Other Non-Cash Items	796K	2.81M	-36K	1.63M	-9.1M	13.74M	-856K	2.24M	-5.08M	16.7M
Working Capital Changes	151K	-2.7M	-494K	-1.04M	-766K	-5.08M	1.83M	-4.41M	1.3M	505K
Cash from Investing+	-9.48M	-99.11M	-140.85M	-26.88M	-41.78M	82.92M	-55.2M	-122.05M	-27.18M	135.01M
Purchase of Investments	-2.02M	-3.03M	-21.48M	-19.44M	-18.07M	-11.25M	-136.13M	-19.33M	-10.41M	-2.32M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	-5.07M	0	0	0	0	0	0
Other Investing	-7.55M	-100.42M	-135.6M	-41.04M	-34.06M	84.36M	-8M	-112.63M	-22.45M	125.43M
Cash from Financing+	15.95M	101.47M	90M	39.32M	26.66M	-93.97M	60.02M	106.46M	65.93M	-41.62M
Dividends Paid	0	0	-77K	-154K	-155K	0	0	0	0	0
Share Repurchases	0	-1.02M	-2K	0	0	0	0	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-195K	-1000K	-203K	-1000K	1000K	-1000K
Other Financing	4.01M	84.97M	108.27M	59.76M	27.01M	-83.77M	60.22M	111.67M	-19.86M	126.59M
Net Change in Cash+	12.14M	6.89M	-43.56M	17.71M	-27.03M	-4.77M	12.41M	-8.55M	28.04M	96.07M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	73.26M	85.4M	92.29M	48.73M	66.44M	39.4M	34.64M	47.05M	38.49M	66.54M
Cash at End	85.4M	92.29M	48.73M	66.44M	39.4M	34.64M	47.05M	38.49M	66.54M	162.61M
Interest Paid	2.33M	3.41M	6.42M	11.25M	17.74M	15.04M	7.21M	10.47M	29.63M	31.92M
Income Taxes Paid	3K	360K	515K	1.24M	22K	0	140K	102K	3.54M	66K
Free Cash Flow+	-563K	996K	4.23M	4.13M	-12.47M	6.21M	7.17M	6.62M	-11.13M	2.63M
FCF Growth %	-1.04%	2.77%	3.25%	-0.02%	-4.02%	1.5%	0.15%	-0.08%	-2.68%	1.24%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.57%	3.11%	6.41%	4.7%	-4.13%	-5.87%	7.8%	9.71%	-8.04%	-163.96%
Return on Assets (ROA)	0.33%	0.27%	0.52%	0.35%	-0.29%	-0.41%	0.56%	0.62%	-0.39%	-3.79%
Net Interest Margin	3.18%	2.91%	2.99%	2.89%	2.55%	2.7%	2.64%	3.15%	2.56%	1.95%
Efficiency Ratio	74.48%	68.01%	61.67%	57.61%	57.64%	70.37%	68.33%	56.96%	50.15%	52.7%
Equity / Assets	9.41%	8.27%	7.83%	7.29%	6.84%	7.18%	7.1%	5.71%	4.06%	0.42%
Book Value / Share	15.66	15.83	17.06	17.71	17.08	16.07	17.04	15.04	11.19	0.32
NII Growth	20.54%	6.18%	15.71%	7.83%	-9.21%	-4.88%	5.41%	31.3%	-14.84%	-29.31%
Dividend Payout	-	-	1.86%	4.82%	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Patriot National Bancorp, Inc. (PNBK) saw revenue decline by 6.4% over the past year.

Patriot National Bancorp, Inc. (PNBK) reported a net loss of $20.0M for fiscal year 2024.

Dividend & Returns

Patriot National Bancorp, Inc. (PNBK) has a return on equity (ROE) of -164.0%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Patriot National Bancorp, Inc. (PNBK) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

Patriot National Bancorp, Inc. (PNBK) has an efficiency ratio of 52.7%. This is excellent, indicating strong cost control.

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Patriot National Bancorp, Inc. (PNBK) 10-Year Financial Performance & Capital Metrics

PNBK • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

Net Interest Income $20M -29.3%
Total Revenue $61M -6.4%
Net Income -$40M -854.3%
Return on Equity -163.96% -1939.5%
Net Interest Margin 1.95% -23.6%
Efficiency Ratio 52.7% +5.1%
ROA -3.79% -868.6%
Equity / Assets 0.42% -89.6%
Book Value per Share 0.32 -97.1%
Tangible BV/Share 0.31 -97.2%
Debt/Equity 7.75 +71.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 52.7% efficiency ratio

✗Weaknesses

✗High debt to equity ratio of 7.8x
✗Weak NIM of 2.0%
✗Thin capital base
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y10.59%

5Y5.67%

3Y18.23%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM32.1%

EPS CAGR

10Y-

5Y-

3Y-

TTM63.38%

ROCE

10Y Avg-0.2%

5Y Avg-1.72%

3Y Avg-3.05%

Latest-10.77%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	20.76M	22.05M	25.51M	27.51M	24.97M	23.75M	25.04M	32.88M	28M	19.79M
NII Growth %	0.21%	0.06%	0.16%	0.08%	-0.09%	-0.05%	0.05%	0.31%	-0.15%	-0.29%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	23.45M	25.05M	32.47M	39.88M	43.19M	37.5M	32.13M	43.63M	58.45M	52.08M
Interest Expense	2.69M	3.01M	6.96M	12.38M	18.22M	13.75M	7.09M	10.75M	30.46M	32.28M
Loan Loss Provision	250K	2.46M	-857K	1.3M	4.97M	2.17M	-500K	1.89M	7.43M	12.46M
Non-Interest Income+	1.79M	1.85M	1.76M	2.02M	2.78M	2.2M	4.51M	3.75M	6.25M	8.48M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	25.24M	26.91M	34.23M	41.91M	45.97M	39.71M	36.64M	47.38M	64.7M	60.56M
Revenue Growth %	0.14%	0.07%	0.27%	0.22%	0.1%	-0.14%	-0.08%	0.29%	0.37%	-0.06%
Non-Interest Expense	18.8M	18.3M	21.11M	24.14M	26.5M	27.94M	25.04M	26.99M	32.45M	31.91M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	3.5M	3.14M	7.02M	4.09M	-3.72M	-4.16M	5.01M	7.76M	-5.63M	-16.1M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	2.65%	-0.1%	1.24%	-0.42%	-1.91%	-0.12%	2.21%	0.55%	-1.73%	-1.86%
Pretax Income+	3.5M	3.14M	7.02M	4.09M	-3.72M	-4.16M	5.01M	7.76M	-5.63M	-16.1M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	1.36M	1.21M	2.88M	890K	-899K	-337K	-81K	1.6M	-1.45M	23.79M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	2.14M	1.93M	4.15M	3.2M	-2.82M	-3.82M	5.09M	6.16M	-4.18M	-39.88M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.86%	-0.1%	1.15%	-0.23%	-1.88%	-0.36%	2.33%	0.21%	-1.68%	-8.54%
Net Income (Continuing)	2.14M	1.93M	4.15M	3.2M	-2.82M	-3.82M	5.09M	6.16M	-4.18M	-39.88M
EPS (Diluted)+	0.55	0.49	1.06	0.78	-0.72	-0.97	1.29	1.56	-1.05	-10.03
EPS Growth %	-0.86%	-0.11%	1.16%	-0.26%	-1.92%	-0.35%	2.33%	0.21%	-1.67%	-8.55%
EPS (Basic)	0.55	0.49	1.06	0.78	-0.72	-0.97	1.29	1.56	-1.05	-10.03
Diluted Shares Outstanding	3.92M	3.95M	3.91M	3.92M	3.92M	3.94M	3.95M	3.96M	3.96M	13.29M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	85.4M	92.29M	48.73M	66.44M	39.4M	34.64M	47.05M	38.49M	52.52M	147.57M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	512.95M	605.86M	743.89M	817.23M	870.1M	774.52M	831.5M	932.19M	878.84M	740.11M
Investments Growth %	0.01%	0.18%	0.23%	0.1%	0.06%	-0.11%	0.07%	0.12%	-0.06%	-0.16%
Long-Term Investments	483.58M	581.43M	718.31M	777.73M	821.78M	725.26M	737.16M	847.67M	858.15M	720.32M
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	1.73M	1.11M	1.11M	1.11M	1.11M	0	0
Intangible Assets	0	0	0	698K	623K	343K	296K	249K	203K	156K
PP&E (Net)	29.42M	32.76M	35.36M	35.44M	34.57M	33.42M	31.5M	30.64M	29.88M	28.86M
Other Assets	9.81M	10.39M	10.21M	15.55M	19.3M	18.58M	19.06M	17.89M	100.64M	90.1M
Total Current Assets	116.79M	119.44M	77.8M	109.7M	91.32M	90.52M	147.21M	130.28M	80.42M	172.85M
Total Non-Current Assets	536.57M	637.21M	774.28M	842M	888.51M	790.21M	801.27M	913.08M	1.01B	839.44M
Total Assets+	653.36M	756.65M	852.08M	951.7M	979.84M	880.73M	948.48M	1.04B	1.09B	1.01B
Asset Growth %	0.03%	0.16%	0.13%	0.12%	0.03%	-0.1%	0.08%	0.1%	0.05%	-0.07%
Return on Assets (ROA)	0%	0%	0.01%	0%	-0%	-0%	0.01%	0.01%	-0%	-0.04%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	142.03M	159.48M	141.37M	130.98M	130.9M	120.81M	120.72M	115.19M	201.1M	33.07M
Net Debt	56.63M	67.19M	92.64M	64.55M	91.5M	86.18M	73.68M	76.7M	148.59M	-114.5M
Long-Term Debt	142.03M	159.48M	141.37M	130.98M	130.9M	120.81M	120.72M	115.19M	201.1M	33.07M
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	2.37M	2.68M	2.83M	2.93M	3.68M	3.79M	1.1M	886K	7.63M	8.36M
Total Current Liabilities	447.5M	531.93M	641.13M	748.45M	778.26M	692.91M	759.32M	867.7M	840.31M	966.6M
Total Non-Current Liabilities	144.39M	162.15M	144.2M	133.91M	134.58M	124.6M	121.82M	116.08M	208.73M	41.43M
Total Liabilities	591.89M	694.08M	785.33M	882.36M	912.84M	817.51M	881.14M	983.78M	1.05B	1.01B
Total Equity+	61.46M	62.57M	66.75M	69.34M	66.99M	63.22M	67.34M	59.58M	44.38M	4.26M
Equity Growth %	0.05%	0.02%	0.07%	0.04%	-0.03%	-0.06%	0.07%	-0.12%	-0.26%	-0.9%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.04%	0.03%	0.06%	0.05%	-0.04%	-0.06%	0.08%	0.1%	-0.08%	-1.64%
Book Value per Share	15.66	15.83	17.06	17.71	17.08	16.07	17.04	15.04	11.19	0.32
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	40K	40K	40K	105.96M	106.17M	106.33M	106.48M	106.56M	106.67M	106.85M
Additional Paid-in Capital	106.57M	106.73M	106.88M	107.09M	0	0	0	0	0	0
Retained Earnings	-44.83M	-42.9M	-38.83M	-35.79M	-38.77M	-42.59M	-37.5M	-31.34M	-47.03M	-86.91M
Accumulated OCI	-152K	-120K	-155K	-826K	-403K	-518K	-1.64M	-15.64M	-15.26M	-15.68M
Treasury Stock	-160K	-1.18M	-1.18M	-1.18M	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	5.67M	4.53M	7.29M	5.27M	-11.91M	6.28M	7.6M	7.04M	-10.71M	2.68M
Operating CF Growth %	-0.75%	-0.2%	0.61%	-0.28%	-3.26%	1.53%	0.21%	-0.07%	-2.52%	1.25%
Net Income	2.14M	1.93M	4.15M	3.2M	-2.82M	-3.82M	5.09M	6.16M	-4.18M	-39.88M
Depreciation & Amortization	1.04M	1.21M	1.27M	1.54M	1.69M	1.6M	1.64M	1.47M	1.35M	1.35M
Deferred Taxes	1.08M	1.11M	2.26M	-265K	-1.14M	-323K	-261K	1.49M	-4.21M	23.82M
Other Non-Cash Items	796K	2.81M	-36K	1.63M	-9.1M	13.74M	-856K	2.24M	-5.08M	16.7M
Working Capital Changes	151K	-2.7M	-494K	-1.04M	-766K	-5.08M	1.83M	-4.41M	1.3M	505K
Cash from Investing+	-9.48M	-99.11M	-140.85M	-26.88M	-41.78M	82.92M	-55.2M	-122.05M	-27.18M	135.01M
Purchase of Investments	-2.02M	-3.03M	-21.48M	-19.44M	-18.07M	-11.25M	-136.13M	-19.33M	-10.41M	-2.32M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	-5.07M	0	0	0	0	0	0
Other Investing	-7.55M	-100.42M	-135.6M	-41.04M	-34.06M	84.36M	-8M	-112.63M	-22.45M	125.43M
Cash from Financing+	15.95M	101.47M	90M	39.32M	26.66M	-93.97M	60.02M	106.46M	65.93M	-41.62M
Dividends Paid	0	0	-77K	-154K	-155K	0	0	0	0	0
Share Repurchases	0	-1.02M	-2K	0	0	0	0	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-195K	-1000K	-203K	-1000K	1000K	-1000K
Other Financing	4.01M	84.97M	108.27M	59.76M	27.01M	-83.77M	60.22M	111.67M	-19.86M	126.59M
Net Change in Cash+	12.14M	6.89M	-43.56M	17.71M	-27.03M	-4.77M	12.41M	-8.55M	28.04M	96.07M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	73.26M	85.4M	92.29M	48.73M	66.44M	39.4M	34.64M	47.05M	38.49M	66.54M
Cash at End	85.4M	92.29M	48.73M	66.44M	39.4M	34.64M	47.05M	38.49M	66.54M	162.61M
Interest Paid	2.33M	3.41M	6.42M	11.25M	17.74M	15.04M	7.21M	10.47M	29.63M	31.92M
Income Taxes Paid	3K	360K	515K	1.24M	22K	0	140K	102K	3.54M	66K
Free Cash Flow+	-563K	996K	4.23M	4.13M	-12.47M	6.21M	7.17M	6.62M	-11.13M	2.63M
FCF Growth %	-1.04%	2.77%	3.25%	-0.02%	-4.02%	1.5%	0.15%	-0.08%	-2.68%	1.24%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.57%	3.11%	6.41%	4.7%	-4.13%	-5.87%	7.8%	9.71%	-8.04%	-163.96%
Return on Assets (ROA)	0.33%	0.27%	0.52%	0.35%	-0.29%	-0.41%	0.56%	0.62%	-0.39%	-3.79%
Net Interest Margin	3.18%	2.91%	2.99%	2.89%	2.55%	2.7%	2.64%	3.15%	2.56%	1.95%
Efficiency Ratio	74.48%	68.01%	61.67%	57.61%	57.64%	70.37%	68.33%	56.96%	50.15%	52.7%
Equity / Assets	9.41%	8.27%	7.83%	7.29%	6.84%	7.18%	7.1%	5.71%	4.06%	0.42%
Book Value / Share	15.66	15.83	17.06	17.71	17.08	16.07	17.04	15.04	11.19	0.32
NII Growth	20.54%	6.18%	15.71%	7.83%	-9.21%	-4.88%	5.41%	31.3%	-14.84%	-29.31%
Dividend Payout	-	-	1.86%	4.82%	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Patriot National Bancorp, Inc. (PNBK) saw revenue decline by 6.4% over the past year.

Patriot National Bancorp, Inc. (PNBK) reported a net loss of $20.0M for fiscal year 2024.

Dividend & Returns

Patriot National Bancorp, Inc. (PNBK) has a return on equity (ROE) of -164.0%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Patriot National Bancorp, Inc. (PNBK) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

Patriot National Bancorp, Inc. (PNBK) has an efficiency ratio of 52.7%. This is excellent, indicating strong cost control.