Patriot National Bancorp Inc (PNBK) Files 10-K for the Fiscal Year Ended on December 31, 2017

Patriot National Bancorp Inc (PNBK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Patriot National Bancorp Inc, through its bank holding provides banking services to commercial and consumer customers. The Company operates in five segments including Commercial Real Estate, Residential Real Estate, Construction, Commercial, and Consumer. Patriot National Bancorp Inc has a market cap of $75.650 million; its shares were traded at around $19.40 with a P/E ratio of 18.31 and P/S ratio of 2.90. The dividend yield of Patriot National Bancorp Inc stocks is 0.10%.

For the last quarter Patriot National Bancorp Inc reported a revenue of $7.43 million, compared with the revenue of $6.25 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $27.3 million, an increase of 14.1% from last year. For the last five years Patriot National Bancorp Inc had an average revenue growth rate of 6.3% a year.

The reported diluted earnings per share was $1.06 for the year, an increase of 116.3% from previous year. The Patriot National Bancorp Inc enjoyed an operating margin of 25.69%, compared with the operating margin of 13.09% a year before. The 10-year historical median operating margin of Patriot National Bancorp Inc is -20.07%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Patriot National Bancorp Inc has the cash and cash equivalents of $49.2 million, compared with $92.3 million in the previous year. The long term debt was $141.4 million, compared with $159.5 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Patriot National Bancorp Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $19.40, Patriot National Bancorp Inc is traded at 13.3% premium to its historical median P/S valuation band of $17.12. The P/S ratio of the stock is 2.90, while the historical median P/S ratio is 2.56. The stock gained 29.04% during the past 12 months.

For the complete 20-year historical financial data of PNBK, click here.