Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.08
PNBK's Cash-to-Debt is ranked lower than
78% of the 1613 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.09 vs. PNBK: 0.08 )
Ranked among companies with meaningful Cash-to-Debt only.
PNBK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 1.02 Max: 48.33
Current: 0.08
0.02
48.33
Equity-to-Asset 0.08
PNBK's Equity-to-Asset is ranked lower than
71% of the 1580 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. PNBK: 0.08 )
Ranked among companies with meaningful Equity-to-Asset only.
PNBK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03  Med: 0.08 Max: 0.19
Current: 0.08
0.03
0.19
Debt-to-Equity 2.17
PNBK's Debt-to-Equity is ranked lower than
89% of the 1244 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.63 vs. PNBK: 2.17 )
Ranked among companies with meaningful Debt-to-Equity only.
PNBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03  Med: 0.84 Max: 2.59
Current: 2.17
0.03
2.59
Interest Coverage 1.55
PNBK's Interest Coverage is ranked lower than
58% of the 1539 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.74 vs. PNBK: 1.55 )
Ranked among companies with meaningful Interest Coverage only.
PNBK' s Interest Coverage Range Over the Past 10 Years
Min: 0.15  Med: 0.68 Max: 1.55
Current: 1.55
0.15
1.55
Beneish M-Score: -1.95
WACC vs ROIC
1.57%
2.77%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating Margin % 29.24
PNBK's Operating Margin % is ranked lower than
75% of the 1618 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.66 vs. PNBK: 29.24 )
Ranked among companies with meaningful Operating Margin % only.
PNBK' s Operating Margin % Range Over the Past 10 Years
Min: -100.51  Med: -20.07 Max: 29.24
Current: 29.24
-100.51
29.24
Net Margin % 17.68
PNBK's Net Margin % is ranked lower than
80% of the 1619 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.82 vs. PNBK: 17.68 )
Ranked among companies with meaningful Net Margin % only.
PNBK' s Net Margin % Range Over the Past 10 Years
Min: -110.79  Med: -14.41 Max: 81.69
Current: 17.68
-110.79
81.69
ROE % 6.91
PNBK's ROE % is ranked lower than
77% of the 1619 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.56 vs. PNBK: 6.91 )
Ranked among companies with meaningful ROE % only.
PNBK' s ROE % Range Over the Past 10 Years
Min: -50.47  Med: -6.2 Max: 31.24
Current: 6.91
-50.47
31.24
ROA % 0.60
PNBK's ROA % is ranked lower than
78% of the 1624 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.91 vs. PNBK: 0.60 )
Ranked among companies with meaningful ROA % only.
PNBK' s ROA % Range Over the Past 10 Years
Min: -2.68  Med: -0.46 Max: 2.68
Current: 0.6
-2.68
2.68
3-Year Revenue Growth Rate 6.60
PNBK's 3-Year Revenue Growth Rate is ranked higher than
63% of the 1364 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.20 vs. PNBK: 6.60 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
PNBK' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -52.6  Med: 4.1 Max: 214.2
Current: 6.6
-52.6
214.2
GuruFocus has detected 4 Warning Signs with Patriot National Bancorp Inc $PNBK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» PNBK's 30-Y Financials

Financials (Next Earnings Date: 2017-11-14 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Insider Trades

Latest Guru Trades with PNBK

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Banks » Banks - Regional - US    NAICS: 522110    SIC: 6021
Compare:OTCPK:RIVE, OTCPK:JFBC, NAS:UBCP, OTCPK:HCFB, NAS:HMTA, NAS:BOTJ, OTCPK:FAIT, NAS:EMCF, NAS:WEBK, NAS:FUSB, NAS:FBSS, OTCPK:CBCO, OTCPK:SABK, NAS:CZFC, OTCPK:MNSB, OTCPK:PMHG, OTCPK:DBCP, OTCPK:CNAF, NAS:EBMT, OTCPK:BVBC » details
Headquarter Location:USA
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 is a Connecticut corporation, is a bank holding company that was organized in 1999. The Company 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. The Company offers commercial real estate loans, commercial business loans, and a variety of consumer loans with an emphasis on serving the needs of individuals, small and medium-sized businesses and professionals. The Company's lending activities are conducted in Fairfield and New Haven Counties in Connecticut and Westchester County in New York. Consumer and commercial deposit accounts offered include: checking, interest-bearing NOW, money market, time certificates of deposit and savings, CDARS, Individual Retirement Accounts and Health Savings Accounts. Other services offered by the Bank include ACH transfers, lockbox, internet banking, bill paying, remote deposit capture, debit cards, money orders, traveller's checks and ATMs. The Bank also operates a loan origination office. The Company competes with a variety of financial institutions for loans and deposits in its market area.

Top Ranked Articles about Patriot National Bancorp Inc

Patriot National Bancorp (NASDAQ: PNBK) To Acquire Prime Bank
Patriot Names Bank President Richard Muskus, Jr. to Company’s Board of Directors
Patriot National Bancorp, Inc. Announces Quarterly Cash Dividend for Shareholders
Joseph D. Perillo Appointed Executive Vice President & Chief Financial Officer of Patriot National Bancorp, Inc.
Patriot National Bancorp, Inc. (Nasdaq: PNBK) to Ring The Nasdaq Stock Market Closing Bell
Patriot Bank Collects nearly $2.8 Million on Loan Recovery

STAMFORD, Conn., March 30, 2017 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (“Patriot” or the “Company”) announced that it has reached and concluded a favorable resolution with its fidelity insurer in connection with a claim of loss submitted by its bank operating subsidiary, Patriot Bank, NA (the “Bank”). Patriot Bank received full payment on March 29, 2017.
The payment was a result of an insurance claim pursued by Patriot in connection with a previously reported loan loss that arose from a borrower fraud.  The bankruptcy of the borrower, coupled with uncertainty of collection, led to the Bank’s   loan loss as reported on Form 8-K on September 19, 2016.  At that time, the Bank was unable to obtain confirmation from its insurer that any amounts would be covered under its policy. Michael Carrazza, Patriot's Chairman and interim CEO said, “We are pleased to bring this arduous recovery effort to a satisfactory conclusion.  The result is immediately and materially accretive for Patriot and its shareholders, and this event complements the positive momentum Patriot has been experiencing.” The payment stems from a $3 million bridge loan provided by Patriot to Seaboard Realty, LLC, in conjunction with the construction of a Marriott Residence Inn on Atlantic Street in Stamford, CT.  Seaboard Realty LLC, along with its affiliates, owned and was constructing multiple, well-located, high profile properties in downtown Stamford.  These included the Courtyard Marriott on Summer Street, the 1 Atlantic Street office building, as well as the Park Square residential development on Summer Street. Today's announcement comes on the heels of Patriot recently announcing 28% earnings growth in the 4th quarter, following 29% earnings growth in the 3rd quarter 2016.  Just last week Patriot announced that net income for the fourth quarter ending December 31, 2016 was $1,045,000 or $0.27 diluted income per share, with total assets up 11%; net loans up 4%; and deposit growth of 12%.  Those results are credited as a direct result of ongoing performance enhancing strategies introduced when Mr. Carrazza assumed the role of interim CEO in August 2016.  This recovery will be recognized as a gain in the results of operations for the three months ending March 31, 2017. About the Company 
Patriot National Bancorp, Inc. is headquartered in Stamford, Connecticut and the Bank has 10 full service branches, eight in Connecticut and two in New York.  Since opening its doors in 1994, the Company’s mission has been to serve our local communities by helping our neighbors and neighborhood businesses thrive. All lending is handled locally and is specific to each borrower, and the commitment to local businesses goes further to connect, support and grow businesses in both the for-profit and nonprofit sectors, along with municipalities. Patriot believes a well-connected community is a strong community—and that together, all will prosper. “Safe Harbor” Statement Under Private Securities Litigation Reform Act of 1995 
Certain statements contained in Bancorp’s public statements, including this one, may be forward looking and subject to a variety of risks and uncertainties. These factors include, but are not limited to, (1) changes in prevailing interest rates which would affect the interest earned on Bancorp’s interest earning assets and the interest paid on its interest bearing liabilities, (2) the timing of repricing of Bancorp’s interest earning assets and interest bearing liabilities, (3) the effect of changes in governmental monetary policy, (4) the effect of changes in regulations applicable to Bancorp and the Bank and the conduct of its business, (5) changes in competition among financial service companies, including possible further encroachment of non-banks on services traditionally provided by banks, (6) the ability of competitors that are larger than Bancorp to provide products and services which it is impracticable for Bancorp to provide, (7) the state of the economy and real estate values in Bancorp’s market areas, and the consequent effect on the quality of Bancorp’s loans, (8) recent governmental initiatives that are expected to have a profound effect on the financial services industry and could dramatically change the competitive environment of the Company, (9) other legislative or regulatory changes, including those related to residential mortgages, changes in accounting standards, and Federal Deposit Insurance Corporation (“FDIC”) premiums that may adversely affect the Company, (10) the application of generally accepted accounting principles, consistently applied, (11) the fact that one period of reported results may not be indicative of future periods, (12) the state of the economy in the greater New York metropolitan area and its particular effect on the Company’s customers, vendors and communities and other such factors, including risk factors, as may be described in Bancorp’s other filings with the SEC.
Contact:
Patriot Bank, N.A.
900 Bedford Street
Stamford, CT 06901
www.BankPatriot.com

Michael Carrazza
CEO & Chairman
203-251-8230

Neil M. McDonnell
EVP & CFO
203-252-5938


Read more...

Ratios

vs
industry
vs
history
PE Ratio 14.65
PNBK's PE Ratio is ranked lower than
78% of the 1505 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.59 vs. PNBK: 14.65 )
Ranked among companies with meaningful PE Ratio only.
PNBK' s PE Ratio Range Over the Past 10 Years
Min: 2.7  Med: 30 Max: 54.33
Current: 14.65
2.7
54.33
PE Ratio without NRI 14.65
PNBK's PE Ratio without NRI is ranked lower than
78% of the 1504 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.62 vs. PNBK: 14.65 )
Ranked among companies with meaningful PE Ratio without NRI only.
PNBK' s PE Ratio without NRI Range Over the Past 10 Years
Min: 2.7  Med: 30 Max: 54.33
Current: 14.65
2.7
54.33
PB Ratio 0.99
PNBK's PB Ratio is ranked higher than
64% of the 1581 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. PNBK: 0.99 )
Ranked among companies with meaningful PB Ratio only.
PNBK' s PB Ratio Range Over the Past 10 Years
Min: 0.2  Med: 1.09 Max: 1.96
Current: 0.99
0.2
1.96
PS Ratio 2.61
PNBK's PS Ratio is ranked higher than
64% of the 1567 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.43 vs. PNBK: 2.61 )
Ranked among companies with meaningful PS Ratio only.
PNBK' s PS Ratio Range Over the Past 10 Years
Min: 0.33  Med: 2.58 Max: 4.31
Current: 2.61
0.33
4.31
Price-to-Operating-Cash-Flow 17.93
PNBK's Price-to-Operating-Cash-Flow is ranked lower than
76% of the 931 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.46 vs. PNBK: 17.93 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
PNBK' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.25  Med: 12.69 Max: 40.7
Current: 17.93
2.25
40.7
EV-to-EBIT 26.85
PNBK's EV-to-EBIT is ranked lower than
86% of the 1241 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.20 vs. PNBK: 26.85 )
Ranked among companies with meaningful EV-to-EBIT only.
PNBK' s EV-to-EBIT Range Over the Past 10 Years
Min: -632.3  Med: 23.35 Max: 133
Current: 26.85
-632.3
133
EV-to-EBITDA 23.09
PNBK's EV-to-EBITDA is ranked lower than
83% of the 1244 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.98 vs. PNBK: 23.09 )
Ranked among companies with meaningful EV-to-EBITDA only.
PNBK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -31.8  Med: 22.35 Max: 321.7
Current: 23.09
-31.8
321.7
EV-to-Revenue 7.85
PNBK's EV-to-Revenue is ranked lower than
72% of the 1284 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.86 vs. PNBK: 7.85 )
Ranked among companies with meaningful EV-to-Revenue only.
PNBK' s EV-to-Revenue Range Over the Past 10 Years
Min: -3.6  Med: 4.1 Max: 8.1
Current: 7.85
-3.6
8.1

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 0.06
PNBK's Dividend Yield % is ranked lower than
99.99% of the 2354 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.88 vs. PNBK: 0.06 )
Ranked among companies with meaningful Dividend Yield % only.
PNBK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.06  Med: 1.18 Max: 4.5
Current: 0.06
0.06
4.5
Forward Dividend Yield % 0.24
PNBK's Forward Dividend Yield % is ranked lower than
99.99% of the 2231 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.85 vs. PNBK: 0.24 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 0.06
PNBK's 5-Year Yield-on-Cost % is ranked lower than
100% of the 2778 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.98 vs. PNBK: 0.06 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
PNBK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.06  Med: 1.18 Max: 4.5
Current: 0.06
0.06
4.5
3-Year Average Share Buyback Ratio -0.10
PNBK's 3-Year Average Share Buyback Ratio is ranked higher than
75% of the 1065 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.80 vs. PNBK: -0.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
PNBK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -101.4  Med: -8.2 Max: 0
Current: -0.1
-101.4
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.99
PNBK's Price-to-Tangible-Book is ranked higher than
65% of the 1573 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.29 vs. PNBK: 0.99 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
PNBK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21  Med: 1.33 Max: 3.01
Current: 0.99
0.21
3.01
Price-to-Intrinsic-Value-Projected-FCF 1.52
PNBK's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
85% of the 896 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.79 vs. PNBK: 1.52 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
PNBK' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.26  Med: 1.25 Max: 5.14
Current: 1.52
0.26
5.14
Price-to-Median-PS-Value 1.02
PNBK's Price-to-Median-PS-Value is ranked higher than
60% of the 1527 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.13 vs. PNBK: 1.02 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
PNBK' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.13  Med: 1.07 Max: 26.12
Current: 1.02
0.13
26.12
Price-to-Graham-Number 0.80
PNBK's Price-to-Graham-Number is ranked lower than
51% of the 1414 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.95 vs. PNBK: 0.80 )
Ranked among companies with meaningful Price-to-Graham-Number only.
PNBK' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.41  Med: 1.28 Max: 2.68
Current: 0.8
0.41
2.68
Earnings Yield (Greenblatt) % 3.72
PNBK's Earnings Yield (Greenblatt) % is ranked lower than
65% of the 1625 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.91 vs. PNBK: 3.72 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
PNBK' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -924  Med: 1.6 Max: 1232.8
Current: 3.72
-924
1232.8
Forward Rate of Return (Yacktman) % 18.70
PNBK's Forward Rate of Return (Yacktman) % is ranked higher than
69% of the 934 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.21 vs. PNBK: 18.70 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
PNBK' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -5.4  Med: -1.55 Max: 18.7
Current: 18.7
-5.4
18.7

More Statistics

Revenue (TTM) (Mil) $24.84
EPS (TTM) $ 1.13
Beta0.02
Short Percentage of Float0.22%
52-Week Range $13.00 - 17.50
Shares Outstanding (Mil)3.89

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}