Patriot National Bancorp Inc - Understand $pnbk stock

$PNBK Market Cap: $7.356 Million

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Financial Snapshot

Revenue

$42.29M

TTM

Gross Margin

Net Earnings

-$6.245M

TTM

Current Assets

Current Liabilities

$7.828M

Q2 2024

Current Ratio

Total Assets

$1.039B

Q2 2024

Total Liabilities

$998.5M

Q2 2024

Book Value

$40.53M

Q2 2024

Cash

$93.65M

Q2 2024

P/E

-1.178

Nov 11, 2024 EST

Free Cash Flow

-$6.942M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue	$58.96M	$44.01M	$32.35M	$37.90M	$43.64M	$40.38M	$32.85M	$25.41M	$23.74M	$20.37M	$21.65M	$25.22M	$28.33M
YoY Change	33.96%	36.05%	-14.65%	-13.15%	8.1%	22.91%	29.29%	7.02%	16.56%	-5.94%	-14.13%	-11.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$58.96M	$44.01M	$32.35M	$37.90M	$43.64M	$40.38M	$32.85M	$25.41M	$23.74M	$20.37M	$21.65M	$25.22M	$28.33M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.193M	$1.325M	$1.521M	$1.505M	$1.600M	$1.486M	$1.269M	$1.200M	$1.000M	$1.100M	$1.220M	$1.230M	$1.290M	$1.520M	$1.680M	$1.650M	$1.230M	$640.0K	$600.0K	$540.0K	$420.0K	$410.0K	$480.0K	$410.0K	$280.0K	$220.0K	$190.0K	$170.0K	$160.0K	$60.00K
YoY Change	-9.96%	-12.89%	1.06%	-5.94%	7.67%	17.1%	5.75%	20.0%	-9.09%	-9.84%	-0.81%	-4.65%	-15.13%	-9.52%	1.82%	34.15%	92.19%	6.67%	11.11%	28.57%	2.44%	-14.58%	17.07%	46.43%	27.27%	15.79%	11.76%	6.25%	166.67%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$30.46M	$10.75M	$7.090M	$13.75M	$18.22M	$12.38M	$6.956M	$3.008M	$2.690M	$2.970M	$4.854M	$7.419M	$8.510M
YoY Change	183.24%	51.66%	-48.44%	-24.53%	47.18%	77.95%	131.25%	11.82%	-9.43%	-38.81%	-34.58%	-12.82%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Pretax Income	-$5.633M	$7.757M	$5.013M	-$4.156M	-$3.716M	$4.086M	$7.022M	$3.137M	$3.501M	$959.0K	-$7.628M	-$536.2K	-$15.46M	-$15.17M	-$21.67M	-$10.18M	$4.220M	$3.680M	$2.370M	$1.560M	$2.220M	$1.680M	$1.440M	$1.340M	$420.0K	$540.0K	$90.00K	$230.0K	-$730.0K	-$1.480M
YoY Change	-172.62%	54.74%	-220.62%	11.84%	-190.94%	-41.81%	123.84%	-10.4%	265.07%	-112.57%	1322.65%	-96.53%	1.91%	-30.0%	112.87%	-341.23%	14.67%	55.27%	51.92%	-29.73%	32.14%	16.67%	7.46%	219.05%	-22.22%	500.0%	-60.87%	-131.51%	-50.68%
Income Tax	-$1.454M	$1.596M	-$81.00K	-$337.0K	-$899.0K	$890.0K	$2.875M	$1.207M	$1.358M	-$14.75M	-$338.8K			$230.0K	$2.210M	-$3.060M	$1.540M	$1.270M	$960.0K	$630.0K	$880.0K	$620.0K	$560.0K	$580.0K	$70.00K	-$90.00K	-$210.0K	-$70.00K	$0.00	$0.00
% Of Pretax Income		20.57%	-1.62%			21.78%	40.94%	38.48%	38.79%	-1538.06%							36.49%	34.51%	40.51%	40.38%	39.64%	36.9%	38.89%	43.28%	16.67%	-16.67%	-233.33%	-30.43%
Net Earnings	-$4.179M	$6.161M	$5.094M	-$3.819M	-$2.817M	$3.196M	$4.147M	$1.930M	$2.143M	$15.71M	-$7.289M	-$536.2K	-$15.46M	-$15.40M	-$23.88M	-$7.110M	$2.680M	$2.420M	$1.410M	$930.0K	$1.340M	$1.050M	$880.0K	$770.0K	$350.0K	$630.0K	$310.0K	$300.0K	-$730.0K	-$1.490M
YoY Change	-167.83%	20.95%	-233.39%	35.57%	-188.14%	-22.93%	114.87%	-9.94%	-86.36%	-315.52%	1259.46%	-96.53%	0.39%	-35.51%	235.86%	-365.3%	10.74%	71.63%	51.61%	-30.6%	27.62%	19.32%	14.29%	120.0%	-44.44%	103.23%	3.33%	-141.1%	-51.01%
Net Earnings / Revenue	-7.09%	14.0%	15.75%	-10.08%	-6.45%	7.92%	12.62%	7.6%	9.03%	77.13%	-33.66%	-2.13%	-54.56%
Basic Earnings Per Share	-$1.05	$1.56	$1.29	-$0.97	-$0.72	$0.82	$1.06	$0.49	$0.55	$4.08	-$1.90
Diluted Earnings Per Share	-$1.05	$1.55	$1.29	-$0.97	-$0.72	$0.82	$1.06	$0.49	$0.55	$4.05	-$1.90	-$140.6K	-$4.026M	-$12.94M	-$49.75M	-$15.13M	$5.583M	$6.541M	$5.222M	$3.720M	$5.583M	$4.375M	$3.667M	$3.348M	$1.667M	$4.846M	$2.583M	$2.500M	-$6.083M	-$12.42M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$29.88M	$30.64M	$31.50M	$33.40M	$34.60M	$35.40M	$35.40M	$32.80M	$29.40M	$22.40M	$15.10M	$4.400M	$4.100M	$5.300M	$6.600M	$7.900M	$7.800M	$3.700M	$2.500M	$2.100M	$1.400M	$800.0K	$1.100M	$900.0K	$1.000M	$900.0K	$1.000M	$900.0K	$1.000M	$1.100M
YoY Change	-2.5%	-2.73%	-5.69%	-3.47%	-2.26%	0.0%	7.93%	11.56%	31.25%	48.34%	243.18%	7.32%	-22.64%	-19.7%	-16.46%	1.28%	110.81%	48.0%	19.05%	50.0%	75.0%	-27.27%	22.22%	-10.0%	11.11%	-10.0%	11.11%	-10.0%	-9.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$24.13M	$15.53M	$12.10M	$11.50M	$11.10M	$10.90M	$10.40M	$12.60M	$13.80M	$14.90M	$0.00	$100.0K	$0.00	$0.00	$0.00	$8.700M	$2.800M	$2.900M	$2.700M	$1.700M	$1.500M	$800.0K	$700.0K	$700.0K	$600.0K	$400.0K	$300.0K	$100.0K	$0.00	$0.00
YoY Change	55.43%	28.32%	5.22%	3.6%	1.83%	4.81%	-17.46%	-8.7%	-7.38%		-100.0%				-100.0%	210.71%	-3.45%	7.41%	58.82%	13.33%	87.5%	14.29%	0.0%	16.67%	50.0%	33.33%	200.0%
Total Long-Term Assets
YoY Change
Total Assets	$1.093B	$1.043B	$948.5M	$880.7M	$979.8M	$951.7M	$852.1M	$756.7M	$653.5M	$632.6M	$541.2M	$617.9M	$665.8M	$784.3M	$866.4M	$913.4M	$807.5M	$646.0M	$470.6M	$405.0M	$342.5M	$248.5M	$202.6M	$197.6M	$177.2M	$102.3M	$75.10M	$53.60M	$43.30M	$23.00M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$6.462M	$7.251M	$10.80M	$7.300M	$8.700M	$5.200M	$3.700M	$2.600M	$2.800M	$2.600M	$4.000M	$5.800M	$5.100M	$5.100M	$4.000M	$4.500M	$5.500M	$4.000M	$2.900M	$2.000M	$2.400M	$1.700M	$1.100M	$600.0K	$300.0K	$300.0K	$300.0K	$200.0K	$200.0K	$100.0K
YoY Change	-10.88%	-32.86%	47.95%	-16.09%	67.31%	40.54%	42.31%	-7.14%	7.69%	-35.0%	-31.03%	13.73%	0.0%	27.5%	-11.11%	-18.18%	37.5%	37.93%	45.0%	-16.67%	41.18%	54.55%	83.33%	100.0%	0.0%	0.0%	50.0%	0.0%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt								$1.800M	$1.900M		$0.00	$7.000M	$7.000M	$7.000M	$7.000M	$7.000M	$7.000M	$0.00		$0.00	$5.900M	$6.000M	$500.0K	$500.0K	$300.0K	$0.00
YoY Change								-5.26%			-100.0%	0.0%	0.0%	0.0%	0.0%	0.0%				-100.0%	-1.67%	1100.0%	0.0%	66.67%
Long-Term Debt Due	$376.0K
YoY Change
Total Short-Term Liabilities	$6.838M	$7.251M	$10.80M	$7.300M	$8.700M	$5.200M	$3.700M	$2.600M	$2.800M	$2.600M	$4.000M	$5.800M	$5.100M	$5.100M	$4.000M	$4.500M	$5.500M	$4.000M	$2.900M	$2.000M	$2.400M	$1.700M	$1.100M	$600.0K	$300.0K	$300.0K	$300.0K	$200.0K	$200.0K	$100.0K
YoY Change	-5.7%	-32.86%	47.95%	-16.09%	67.31%	40.54%	42.31%	-7.14%	7.69%	-35.0%	-31.03%	13.73%	0.0%	27.5%	-11.11%	-18.18%	37.5%	37.93%	45.0%	-16.67%	41.18%	54.55%	83.33%	100.0%	0.0%	0.0%	50.0%	0.0%	100.0%
Long-Term Debt	$29.73M	$30.19M	$30.70M	$30.80M	$30.90M	$31.00M	$21.40M	$19.70M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.400M	$200.0K	$400.0K	$500.0K	$600.0K	$600.0K	$700.0K	$700.0K	$800.0K	$800.0K
YoY Change	-1.54%	-1.65%	-0.32%	-0.32%	-0.32%	44.86%	8.63%	140.24%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-2.38%	4100.0%	-50.0%	-20.0%	-16.67%	0.0%	-14.29%	0.0%	-12.5%	0.0%
Other Long-Term Liabilities	$1.164M	$886.0K	$1.100M	$3.800M	$3.700M	$2.900M	$2.800M	$2.700M	$2.400M
YoY Change	31.38%	-19.45%	-71.05%	2.7%	27.59%	3.57%	3.7%	12.5%
Total Long-Term Liabilities	$30.89M	$31.08M	$31.80M	$34.60M	$34.60M	$33.90M	$24.20M	$22.40M	$10.60M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.200M	$8.400M	$200.0K	$400.0K	$500.0K	$600.0K	$600.0K	$700.0K	$700.0K	$800.0K	$800.0K
YoY Change	-0.6%	-2.27%	-8.09%	0.0%	2.06%	40.08%	8.04%	111.32%	29.27%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-2.38%	4100.0%	-50.0%	-20.0%	-16.67%	0.0%	-14.29%	0.0%	-12.5%	0.0%
Total Liabilities	$1.049B	$983.8M	$881.1M	$817.5M	$912.8M	$882.4M	$785.3M	$694.1M	$592.1M	$573.9M	$499.4M	$568.3M	$615.3M	$717.2M	$830.6M	$854.6M	$740.7M	$581.7M	$439.3M	$385.3M	$323.7M	$230.0M	$185.2M	$181.2M	$164.0M	$90.20M	$69.60M	$48.50M	$38.60M	$17.50M
YoY Change	6.63%	11.65%	7.78%	-10.44%	3.45%	12.36%	13.14%	17.23%	3.17%	14.92%	-12.12%	-7.64%	-14.21%	-13.65%	-2.81%	15.38%	27.33%	32.42%	14.02%	19.03%	40.74%	24.19%	2.21%	10.49%	81.82%	29.6%	43.51%	25.65%	120.57%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	3.965M shares	3.957M shares	3.946M	3.935M	3.922M	3.904M	3.894M	3.953M	3.925M	3.850M	3.842M shares
Diluted Shares Outstanding	3.965M shares	3.963M shares	3.953M	3.935M	3.922M	3.916M	3.897M	3.953M	3.925M	3.877M	3.842M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $7.3557 Million

About Patriot National Bancorp Inc

Patriot National Bancorp, Inc. operates as a bank holding company. The company is headquartered in Stamford, Connecticut and currently employs 117 full-time employees. The Bank has a total of nine branch offices comprised of eight branch offices located in Fairfield and New Haven Counties, Connecticut and one branch office located in Westchester County, New York. The company offers commercial real estate loans, commercial business loans, small business administration (SBA) loans and a variety of consumer loans to individuals, small and medium-sized businesses and professionals. Its consumer and commercial deposit accounts offering include checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit accounts, on-line national money market accounts, certificate of deposit account registry service, individual retirement accounts and others. Other services offered by the Bank include lockbox, Internet banking, bill paying, remote deposit capture, debit cards, money orders, travelers' checks, and ATMs.

Industry: National Commercial Banks Peers: PINNACLE BANKSHARES CORP PNC Financial Services Group Inc