Patriot National Bancorp (PNBK) Stock Price, News & Analysis

Company Overview

Patriot 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, time certificates of deposit, 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. Patriot National Bancorp, Inc. was founded in 1994 and is headquartered in Stamford, Connecticut.

Key Stats

• Today's Range: $1.38 to $2.23
• 50-Day Range: $1.48 to $2.73
• 52-Week Range: $1.38 to $4.70
• Volume: 112,445 shs
• Average Volume: 21,855 shs
• Market Capitalization: $8.39 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Patriot National Bancorp Stock Analysis - MarketRank™

Patriot National Bancorp scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Patriot National Bancorp.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Patriot National Bancorp is -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Patriot National Bancorp is -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Patriot National Bancorp has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.62% of the float of Patriot National Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Patriot National Bancorp has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Patriot National Bancorp has recently increased by 3.41%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Patriot National Bancorp does not currently pay a dividend.

Dividend Growth

Patriot National Bancorp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.62% of the float of Patriot National Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Patriot National Bancorp has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Patriot National Bancorp has recently increased by 3.41%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Patriot National Bancorp this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Patriot National Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.60% of the stock of Patriot National Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.25% of the stock of Patriot National Bancorp is held by institutions.

PNBK Stock Analysis - Frequently Asked Questions

How have PNBK shares performed this year?

Patriot National Bancorp's stock was trading at $3.83 at the beginning of 2024. Since then, PNBK shares have decreased by 44.9% and is now trading at $2.11.
View the best growth stocks for 2024 here.

How were Patriot National Bancorp's earnings last quarter?

Patriot National Bancorp, Inc. (NASDAQ:PNBK) announced its quarterly earnings data on Friday, August, 23rd. The bank reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.77. The bank had revenue of $7.38 million for the quarter. Patriot National Bancorp had a negative net margin of 45.58% and a negative trailing twelve-month return on equity of 81.22%.

How do I buy shares of Patriot National Bancorp?

Shares of PNBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Patriot National Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Patriot National Bancorp investors own include Enterprise Products Partners (EPD), Gilead Sciences (GILD), Huntington Bancshares (HBAN), M&T Bank (MTB), Adobe (ADBE), Canadian Natural Resources (CNQ) and Methanex (MEOH).

Company Calendar

• Last Earnings: 8/23/2019
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:PNBK
• CUSIP: N/A
• CIK: 1098146
• Web: www.bankpatriot.com
• Phone: (203) 252-5900
• Fax: 203-324-8877
• Employees: 130
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($7.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,180,000.00
• Net Margins: -45.58%
• Pretax Margin: -8.17%
• Return on Equity: -81.22%
• Return on Assets: -2.82%

Debt

• Debt-to-Equity Ratio: 6.83
• Current Ratio: 0.99
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $31.10 million
• Price / Sales: 0.27
• Cash Flow: $0.06 per share
• Price / Cash Flow: 36.73
• Book Value: $11.19 per share
• Price / Book: 0.19

Miscellaneous

• Outstanding Shares: 3,976,000
• Free Float: 3,435,000
• Market Cap: $8.39 million
• Optionable: Not Optionable
• Beta: 0.43