CoverageForm 410-K10-Q8-K13D13G13F

PNBK · Patriot National Bancorp Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · PNBK

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A$986.0K$1.08M$1.19M$1.32M$1.52M$1.50M
Operating Income($12.65M)($16.10M)($5.63M)$7.76M($4.16M)($4.16M)
Interest Expense--$30.46M$10.75M$7.09M$13.75M
Income Tax$59.0K$23.79M($1.45M)$1.60M($81.0K)($337.0K)
Net Income($12.71M)($39.88M)($4.18M)$6.16M$5.09M($3.82M)
EPS - Basic($0.17)($10.03)($1.05)$1.56$1.29($0.97)
EPS - Diluted($0.17)($10.03)($1.05)$1.55$1.29($0.97)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$207.13M$162.61M$66.54M$38.49M$47.05M$34.64M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$1.09B$1.01B$1.09B$1.04B$948.48M$880.73M
Current Liabilities------
Long-term Debt$16.45M$33.07M$201.10M$115.19M$120.72M$120.81M
Total Liabilities$993.16M$1.01B$1.05B$983.78M$881.14M$817.51M
Stockholders' Equity$94.68M$4.26M$44.38M$59.58M$67.34M$63.22M
Retained Earnings($99.62M)($86.91M)($47.03M)($31.34M)($37.50M)($42.59M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow($14.17M)$2.68M($10.71M)$7.04M$7.60M$6.28M
Investing Cash Flow($20.52M)$135.01M($27.18M)($122.05M)($55.20M)$82.92M
Financing Cash Flow$79.21M($41.62M)$65.93M$106.46M$60.02M($93.97M)
CapEx$172.0K$55.0K$412.0K$414.0K$430.0K$70.0K
Free Cash Flow($14.34M)$2.63M($11.13M)$6.62M$7.17M$6.21M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income1.13-0.072.661.071.41-1.63
R&D / Revenue------
SG&A / Revenue------
Effective tax rate---20.6%-1.6%-
Return on assets-1.2%-3.9%-0.4%0.6%0.5%-0.4%
Return on equity-13.4%-935.1%-9.4%10.3%7.6%-6.0%
Return on invested capital-9.0%-34.1%-1.8%3.5%-2.2%-1.8%
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity0.177.754.531.931.791.91
Debt / Assets0.020.030.180.110.130.14
Debt / EBITDA---12.68--
Interest coverage---0.2x0.7x-0.6x-0.3x
Equity multiplier11.49237.3524.6417.5114.0813.93
Liabilities / Assets0.911.000.960.940.930.93
Efficiency
Asset turnover------
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E---6.8x12.1x-
P / B1.5x1.8x0.3x0.7x0.9x0.6x
P / S------
EV / EBITDA---13.1x--
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)21.4%-185.8%--0.0%-11.8%
Net income growth (YoY)68.1%-854.3%-20.9%--35.6%
EPS growth (YoY)98.3%-855.2%-20.2%--34.7%
EPS CAGR (3y)----16.3%-
EPS CAGR (5y)---7.9%21.4%-
FCF growth (YoY)----7.6%15.4%-
FCF CAGR (5y)---35.2%48.4%-
Book value growth (YoY)2119.9%-90.4%-25.5%-11.5%6.5%-5.6%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

2/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: National Commercial Banks

CompanyRevenue (last FY)Net marginROE
HBAN---
UMBF--9.1%
ZION$662.00M135.8%12.5%
JPM$182.45B31.3%15.7%
SFNC$5.63M-7060.1%-11.6%

Comparing PATRIOT NATIONAL BANCORP INC against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-datePer share
Dec 6, 2019$0.0100
Aug 30, 2019$0.0100
Jun 3, 2019$0.0100
Mar 8, 2019$0.0100
Nov 23, 2018$0.0100
Aug 16, 2018$0.0100
May 16, 2018$0.0100
Feb 9, 2018$0.0100
Nov 8, 2017$0.0100
Jul 20, 2017$0.0100
Jan 2, 2009$0.4500
Oct 3, 2008$0.4500
Jun 27, 2008$0.4500
Apr 1, 2008$0.4500
Dec 28, 2007$0.4500
Sep 28, 2007$0.4500
Jun 29, 2007$0.4500
Mar 30, 2007$0.4500
Dec 28, 2006$0.4500
Oct 18, 2006$0.4500
Jun 30, 2006$0.4500
Mar 31, 2006$0.4000
Dec 29, 2005$0.4000
Sep 30, 2005$0.4000