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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Patriot National Bancorp's annualizedNet Income for the quarter that ended in Mar. 2026 was $-7.02 Mil. Patriot National Bancorp's average total tangible assets for the quarter that ended in Mar. 2026 was $1,132.21 Mil. Therefore, Patriot National Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.62%.
The historical rank and industry rank for Patriot National Bancorp's Return-on-Tangible-Asset or its related term are showing as below:
PNBK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.79 Med: -0.01 Max: 0.62
Current: -1.15
During the past 13 years, Patriot National Bancorp's highest Return-on-Tangible-Asset was 0.62%. The lowest was -3.79%. And the median was -0.01%.
PNBK's Return-on-Tangible-Asset is ranked worse than 97.91% of 1528
companies
in the Banks industry
Industry Median: 1.01
vs PNBK: -1.15
Patriot National Bancorp (NAS:PNBK) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Patriot National Bancorp Return-on-Tangible-Asset Related Terms
Patriot National Bancorp Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Patriot National Bancorp's Return-on-Tangible-Asset 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.
Patriot National Bancorp Return-on-Tangible-Asset Chart
PNBK vs CHBH, SFDL, CWBK: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Patriot National Bancorp's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Patriot National Bancorp's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Patriot National Bancorp's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.62% mean?
Patriot National Bancorp (PNBK) has a Return-on-Tangible-Asset of -0.62% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Patriot National Bancorp and its competitors. According to the industry distribution chart, Patriot National Bancorp ranks #1496 out of 1528 companies in the Banks industry, placing it in the top 97.9%.
Is Patriot National Bancorp's Return-on-Tangible-Asset too high?
Patriot National Bancorp's current Return-on-Tangible-Asset is -0.62%. Based on the distribution chart, Patriot National Bancorp ranks #1496 out of 1528 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Patriot National Bancorp has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patriot National Bancorp's Return-on-Tangible-Asset compare to CHBH and SFDL?
According to the Banks industry distribution chart, Patriot National Bancorp ranks #1496 out of 1528 companies for Return-on-Tangible-Asset. This places Patriot National Bancorp in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.01, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Patriot National Bancorp and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patriot National Bancorp's current Return-on-Tangible-Asset is -0.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patriot National Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Patriot National Bancorp (PNBK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.13, compared to a current price of $1.09 — trading 734.6% above its estimated fair value. The current Return-on-Tangible-Asset is -0.62%. Patriot National Bancorp's overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Patriot National Bancorp (PNBK), the current Return-on-Tangible-Asset is -0.62% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Patriot National Bancorp (PNBK) Overvalued in 2026?
Based on GuruFocus' analysis, Patriot National Bancorp stock appears to be overvalued.
The current stock price of $1.09 is trading 734.6% above its estimated GF Value™ of $0.13.
GuruFocus considers Patriot National Bancorp to be Significantly Overvalued.
Key valuation signals for PNBK:
Return-on-Tangible-Asset: -0.62%
GF Value™: $0.13 vs. price of $1.09 (734.6% above fair value)
No single metric tells the full story. See the PNBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patriot National Bancorp Inc 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.
37GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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