Patriot National Bancorp Inc  (PNBK)
Other Ticker:  
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
Price: $9.9000 $-0.14 -1.394%
Day's High: $10.03 Week Perf: 0.92 %
Day's Low: $ 9.90 30 Day Perf: -4.53 %
Volume (M): 6 52 Wk High: $ 18.00
Volume (M$): $ 54 52 Wk Avg: $13.60
Open: $10.03 52 Wk Low: $9.75

 Market Capitalization (Millions $) 39
 Shares Outstanding (Millions) 4
 Employees 95
 Revenues (TTM) (Millions $) 35
 Net Income (TTM) (Millions $) 6
 Cash Flow (TTM) (Millions $) -15
 Capital Exp. (TTM) (Millions $) 0

Patriot National Bancorp Inc

Patriot National Bancorp, Inc., a Connecticut corporation, is a one-bank holding company for Patriot Bank, N.A, a national banking association headquartered in Stamford, Fairfield County, Connecticut (the “Bank”). The Bank received its charter and commenced operations as a national bank on August 31, 1994. The Bank currently has eight branch offices in Connecticut. The Bank also has branch offices in Bedford and Scarsdale, both located in Westchester County, New York.

On March 11, 2003, The Company formed Patriot National Statutory Trust I (the “Trust”) for the sole purpose of issuing trust preferred securities and investing the proceeds in subordinated debentures issued by the Company. The Company primarily invested the funds from the issuance of the debt in the Bank. The Bank in turn used the proceeds to fund general operations.

On April 1, 2008, the Bank acquired a 20% interest in a de novo insurance agency. The impact on the Bank’s operations in 2011, 2012 and 2013 had been minimal. During the fourth quarter of 2013, the Bank sold its interest in the de novo insurance agency.

The Bank conducts business at its main office located in Stamford, Connecticut and at other Connecticut branch offices located in Darien, Fairfield, Greenwich, Milford, Norwalk, Trumbull, and Westport. In New York State, the Bank conducts business at branch offices located in Bedford and Scarsdale. The Bank also operates a loan origination office at 900 Bedford Street, Stamford, Connecticut.

The Bank offers commercial real estate loans, commercial business loans, and a variety of consumer loans with an emphasis on serving the needs of individuals, small and medium-sized businesses and professionals. The Bank previously had offered loans on residential real estate, but discontinued doing so during 2013. The Bank’s lending activities are conducted principally in Fairfield and New Haven Counties in Connecticut and Westchester County in New York, although the Bank’s loan business is not necessarily limited to these areas.

Consumer and commercial deposit accounts offered include: checking, interest-bearing negotiable order of withdrawal “NOW”, money market, time certificates of deposit, savings, Certificate of Deposit Account Registry Service CDARS, Individual Retirement Accounts (“IRAs”) and Health Savings Accounts (“HSAs”). Other services offered by the Bank include include Automated Clearing House (“ACH”) transfers, lockbox, internet banking, bill paying, remote deposit capture, debit cards, money orders, traveler’s checks and automatic teller machines (“ATMs”). In addition, the Bank may in the future offer other financial services.

The Bank’s employees perform most routine day-to-day banking transactions. The Bank has entered into a number of arrangements with third parties for banking services such as correspondent banking, check clearing, data processing services, credit card processing and armored car carrier service.

In the normal course of business and subject to applicable government regulations, the Bank invests a portion of its assets in investment securities, which may include government securities. An objective of the Bank’s investment policy is to maintain a balance of high quality diversified investments to minimize risk while maintaining adequate levels of liquidity and limiting its exposure to interest rate movements and credit risk. Government agency issues currently comprise the majority of the Bank’s investment portfolio.

   Company Address: 900 Bedford Street Stamford 6901 CT
   Company Phone Number: 252-5900   Stock Exchange / Ticker: NASDAQ PNBK
   PNBK is expected to report next financial results on March 23, 2023.

Customers Net Income grew by PNBK's Customers Net Profit Margin grew to

24.94 %

17.42 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
BAC   -4.3%    
C   -2.17%    
COF   -3.96%    
JPM   -1.16%    
USB        3.12% 
WFC   -3.16%    
• View Complete Report

Parks America Inc.

The company disclosed that Revenues decreased softly , in the financial three months ending July 03 2022

For the third quarter of 2022 Parks America Inc. EPS plummeted by -50 % of $0.01 per share compare to $0.02 a year before and from $0.00 per share from the previous financial reporting period.

Revenues sunk by -5.931 % to $3.64 millions from $3.87 millions in the similar financial reporting period a year before and sequentially Revenues surged by 74.656 % from $2.09 millions.