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Patriot National Bancorp Inc  (PNBK)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


 

Patriot National Bancorp Inc

PNBK's Financial Statements and Analysis



Patriot National Bancorp Inc reported in the third quarter of 2023 net loss per share of $-0.95 compare to earnings per share of $0.59 in the same quarter a year ago a decrease compare to $-0.16 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -0.95 $  3 Mill
$-1.54     $-7M     -69 %



Patriot National Bancorp Inc's Revenue fell by -69 % in third quarter of 2023 (Sep 30 2023) year on year, to $3 million and declined by -58.35 % sequentially.


Patriot National Bancorp Inc is

More on PNBK's Income Statement



Patriot National Bancorp Inc's in thethird quarter of 2023 recorded net loss of $-3.770 million, compare to net income of $2.326 million achieved in III. Quarter a year ago.

Sequentially net loss advanced

More on PNBK's Growth

Patriot National Bancorp Inc Inventories
PNBK's Cash flow In the third quarter of 2023 company's net cash flow was $8 million, capital expenditures fell by -0.052221.15%, to $0 millions compare to same quarter a year ago

More on PNBK's Cash flow Statement


Patriot National Bancorp Inc does not pay out common stock dividend.

In trailing twelve-month period Patriot National Bancorp Inc payed $ -0.79 cash per share, on a free-cash flow basis .

Book value fell by -15.35 % sequentially to $10.07 per share, -214.09% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.74 per share from $ 11.56.

Company issued 0.07 million shares or 1.75 % in Sep 30 2023.
Interest Coverage Ratio was 0.83. Debt Coverage Ratio was 2.2.

More on PNBK's Dividends

 Market Capitalization (Millions) 14
 Shares Outstanding (Millions) 4
 Total Debt (Millions $) 10
 Revenue (TTM) (Millions $) 26
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 48
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 95




Patriot National Bancorp Inc does not pay out common stock dividend.

In trailing twelve-month period Patriot National Bancorp Inc had negative $ -0.79 cash flow per share, on a free-cash flow basis .

Book value fell by -15.35 % sequentially to $10.07 per share, -214.09% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.74 per share from $ 11.56.

Company issued 0.07 million shares or 1.75 % in Sep 30 2023.
Interest Coverage Ratio was 0.83. Debt Coverage Ratio was 2.2.

More on PNBK's Balance Sheets

 Market Capitalization (Millions) 14
 Shares Outstanding (Millions) 4
 Total Debt (Millions $) 10
 Revenue (TTM) (Millions $) 26
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 48
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 95
   


  News about Patriot National Bancorp Inc Earnings

Patriot National Bancorp Inc's Financial Health in Jeopardy as Deficit Soars to -$0.95 in Q3 Earnings Season

The financial results reported by Commercial Banks company for the span endin...

Patriot National Bancorp Inc Faces Financial Troubles with Weak Sales, Resulting in Losses



Patriot National Bancorp Inc, a company operating in the Commercial Banks sector, has been experiencing a significant decline in its financial performance over the past fiscal period. With a growing deficit, declining revenues, and a history of poor results, it seems that Patriot National Bancorp Inc is riddled with problems. In this article, we will delve into the company's recent financial report and analyze the implications it has on the stock's bearish outlook.
Declining profitability:
The most recent fiscal period report reveals a distressing deficit per stock of $-0.14 per share, compared to a profit of $0.32 per share during the previous year. This indicates a massive decline in prof...

Patriot National Bancorp Inc Reports Steady Performance with Marginal Decrease in Revenue for Latest Fiscal Period

Patriot National Bancorp Inc (PNBK) is a commercial bank focused on providing financial services to individuals, small and medium-sized businesses, and municipalities in the United States. With its headquarters in New York, the bank operates through a network of branches across Long Island, Connecticut, New Jersey, and Massachusetts. The company offers a range of banking products and services, including deposits, loans, insurance, wealth management, and online banking.
For the fiscal interval closing March 31 2023, PNBK reported a loss of $-0.01 per share compared to $0.20 per share in the same period a year before. This decline in earnings per share can be attributed to a decrease in revenue, which fell...


Date modified: 2023-11-17T14:45:13+00:00





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