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.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 1.13 | -0.07 | 2.66 | 1.07 | 1.41 | -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 / Equity | 0.17 | 7.75 | 4.53 | 1.93 | 1.79 | 1.91 |
| Debt / Assets | 0.02 | 0.03 | 0.18 | 0.11 | 0.13 | 0.14 |
| Debt / EBITDA | - | - | - | 12.68 | - | - |
| Interest coverage | - | - | -0.2x | 0.7x | -0.6x | -0.3x |
| Equity multiplier | 11.49 | 237.35 | 24.64 | 17.51 | 14.08 | 13.93 |
| Liabilities / Assets | 0.91 | 1.00 | 0.96 | 0.94 | 0.93 | 0.93 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | 6.8x | 12.1x | - |
| P / B | 1.5x | 1.8x | 0.3x | 0.7x | 0.9x | 0.6x |
| 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
Comparing PATRIOT NATIONAL BANCORP INC against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per 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 |