Patriot National Bancorp Inc (PNBK) Files 10-K for the Fiscal Year Ended on December 31, 2018

Patriot National Bancorp Inc (PNBK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Patriot National Bancorp Inc is the holding company for Patriot Bank NA, which provides consumer and commercial banking services to individuals, small and medium-sized businesses, professionals and municipalities. Patriot National Bancorp Inc has a market cap of $60.690 million; its shares were traded at around $15.52 with a P/E ratio of 20.16 and P/S ratio of 2.07. The dividend yield of Patriot National Bancorp Inc stocks is 0.26%.

For the last quarter Patriot National Bancorp Inc reported a revenue of $7.67 million, compared with the revenue of $7.43 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $29.6 million, an increase of 8.4% from last year. For the last five years Patriot National Bancorp Inc had an average revenue growth rate of 9.9% a year.

The reported diluted earnings per share was 78 cents for the year, a decline of 26.4% from the previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Patriot National Bancorp Inc has the cash and cash equivalents of $67.0 million, compared with $49.2 million in the previous year. The long term debt was $131.0 million, compared with $141.4 million in the previous year. Patriot National Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $15.52, Patriot National Bancorp Inc is traded at 17.4% discount to its historical median P/S valuation band of $18.78. The P/S ratio of the stock is 2.07, while the historical median P/S ratio is 2.50. The stock lost 19.79% during the past 12 months.

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