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Patriot National Bancorp (Patriot National Bancorp) Net Margin %

: 9.66% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Patriot National Bancorp's Net Income for the three months ended in Dec. 2023 was $0.91 Mil. Patriot National Bancorp's Revenue for the three months ended in Dec. 2023 was $9.36 Mil. Therefore, Patriot National Bancorp's net margin for the quarter that ended in Dec. 2023 was 9.66%.

The historical rank and industry rank for Patriot National Bancorp's Net Margin % or its related term are showing as below:

PNBK' s Net Margin % Range Over the Past 10 Years
Min: -14.71   Med: 10.16   Max: 81.97
Current: -12.2


PNBK's Net Margin % is ranked worse than
97.06% of 1462 companies
in the Banks industry
Industry Median: 25.535 vs PNBK: -12.20

Patriot National Bancorp Net Margin % Historical Data

The historical data trend for Patriot National Bancorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Patriot National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.15 -14.71 17.24 16.82 -12.20

Patriot National Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.30 -7.95 -7.29 -49.31 9.66

Competitive Comparison

For the Banks - Regional subindustry, Patriot National Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Patriot National Bancorp Net Margin % Distribution

For the Banks industry and Financial Services sector, Patriot National Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Patriot National Bancorp's Net Margin % falls into.



Patriot National Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Patriot National Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-4.179/34.246
=-12.20 %

Patriot National Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.905/9.364
=9.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Patriot National Bancorp  (NAS:PNBK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Patriot National Bancorp Net Margin % Related Terms

Thank you for viewing the detailed overview of Patriot National Bancorp's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Patriot National Bancorp (Patriot National Bancorp) Business Description

Traded in Other Exchanges
Address
900 Bedford Street, Stamford, CT, USA, 06901
Patriot National Bancorp Inc is the holding company for Patriot Bank NA, that provides consumer and commercial banking services to individuals, small and medium-sized businesses, professionals, and municipalities in Fairfield and New Haven Counties in Connecticut and Westchester County, New York. Its products include checking accounts, savings accounts, money market accounts, time certificates of deposit, and individual retirement accounts. The Bank's lending portfolio is comprised of commercial mortgage and construction loans, commercial loans, home improvement loans, home equity lines of credit, and other personal loans. In addition, the Bank offers bank checks, money orders, automated teller machines, interactive teller machines, online and mobile banking, credit cards, and debit cards.
Executives
Grace Doherty director 125 THACHER ST., MILTON MA 02186
Thomas E. Slater officer: EVP & Chief Credit Officer 2 DIXON TERRACE, KINNELON NJ 07405
Alfred Jr. Botta officer: EVP & Chief Payment Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
David Christopher Lowery officer: EVP & Chief Lending Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Karen Rojeski officer: EVP & Chief Credit Officer 99 PARK AVENUE, NEW YORK NY 10016
Steven Brian Grunblatt officer: EVP & Chief Information Office C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Gregory P. Ho other: (1) and (2) C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Holdings I G.p., Llc other: (1) and (2) C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Holdings I, Lp 10 percent owner, other: (1) and (2) 65 EAST 55TH STREET, 33RD FLOOR, NEW YORK NY 10022
John Steffens other: (1) and (2) C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Robert Glenn Russell officer: President & CEO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
Frederick Staudmyer officer: EVP and Chief HR Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Brent M Ciurlino director C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
David W Christiansen officer: EVP, Chief Credit Officer 900 BEDFORD STREET, STAMFORD CT 06901
Samuel S Davis officer: EVP and Chief Credit Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901