Patriot National Bancorp, Inc. (PNBK) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Patriot National Bancorp, Inc. (PNBK) Financial Services Profile

Patriot National Bancorp, Inc., operating as Patriot Bank, N.A., delivers community banking services to individuals and businesses, focusing on deposit accounts and loan products. With a regional presence in Connecticut and New York, PNBK navigates a competitive landscape, emphasizing personalized service within the regional banking sector.

What Is the Investment Thesis for PNBK?

Patriot National Bancorp, Inc. presents a focused investment case centered on its community banking model and regional footprint. The company's diverse loan portfolio, including commercial real estate and SBA loans, offers potential for steady interest income. However, a negative profit margin of -21.9% necessitates a focus on improved efficiency and profitability. Growth catalysts include expanding its digital banking services and increasing its market share within its existing branch network. Investors should monitor the company's ability to manage credit risk and adapt to changing interest rate environments. The company's beta of -0.66 suggests lower volatility compared to the market.

Based on FMP financials and quantitative analysis

PNBK Key Highlights

Market capitalization of $115M reflects its position as a smaller regional bank.

• Negative profit margin of -21.9% indicates challenges in achieving profitability.
• Gross margin of 48.0% suggests potential for improved earnings with better cost management.
• Beta of -0.66 indicates lower volatility compared to the broader market.
• Operates nine branch offices across Connecticut and New York, focusing on community banking services.

Who Are PNBK's Competitors?

PNBK is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are PNBK's Key Strengths?

Strong local market presence in Connecticut and New York.

• Diverse loan portfolio, including commercial real estate and SBA loans.
• Focus on community banking and personalized service.
• Experienced management team.

What Are PNBK's Weaknesses?

Negative profit margin indicates profitability challenges.

• Limited branch network compared to larger regional banks.
• Dependence on interest income, making it vulnerable to interest rate fluctuations.
• Smaller market capitalization limits access to capital markets.

What Could Drive PNBK Stock Higher?

Potential improvements in profitability through cost-cutting measures and increased operational efficiency.

• Expansion of digital banking services to attract and retain customers.
• Strategic focus on small business lending and community engagement.

What Are the Key Risks for PNBK?

Listing risk — at $0.98 the shares sit below the $1.00 minimum bid NASDAQ requires for continued listing.

• Financial-distress signal — its Altman Z-Score of -0.09 sits in the distress zone (elevated bankruptcy risk).
• Negative return on equity (-13.5%) — the business is not currently generating profit on shareholder capital.
• Economic downturns that could impact loan quality and profitability.
• Increased competition from larger regional and national banks.
• Changes in regulatory requirements that could increase compliance costs.
• Negative profit margin poses a challenge to long-term sustainability.

What Are the Growth Opportunities for PNBK?

• Expansion of Digital Banking Services: Patriot National Bancorp, Inc. can enhance its digital banking platform to attract and retain customers. Investing in user-friendly mobile banking apps, online account opening, and digital payment solutions can improve customer experience and operational efficiency. The market for digital banking is growing rapidly, with projections estimating a multi-billion dollar market size by 2028. This expansion can help PNBK compete with larger banks and fintech companies.
• Strategic Branch Expansion: While digital banking is crucial, strategic expansion of physical branch locations in underserved markets within Connecticut and New York can drive deposit growth and customer acquisition. Identifying areas with strong economic growth and limited banking options can provide a competitive advantage. Each new branch represents a potential hub for community engagement and business development, fostering stronger customer relationships and increased market penetration.
• Focus on Small Business Lending: Patriot National Bancorp, Inc. can capitalize on the demand for small business loans by offering tailored financial solutions and personalized service. Participating in SBA loan programs and developing specialized lending products for specific industries can attract small business clients. The small business lending market is substantial, with billions of dollars in loans disbursed annually. By focusing on this segment, PNBK can increase its loan portfolio and generate higher interest income.
• Enhancement of Wealth Management Services: Offering wealth management services, including financial planning, investment management, and retirement planning, can generate additional revenue streams and deepen customer relationships. Partnering with experienced financial advisors and leveraging technology to provide personalized advice can attract affluent clients. The wealth management market is growing, driven by an aging population and increasing wealth accumulation. This expansion can diversify PNBK's revenue base and improve profitability.
• Targeted Marketing and Community Engagement: Implementing targeted marketing campaigns and actively engaging with local communities can enhance brand awareness and customer loyalty. Sponsoring local events, participating in community initiatives, and offering financial literacy programs can build trust and strengthen relationships. Effective marketing and community engagement can differentiate PNBK from larger banks and attract customers who value personalized service and local presence.

What Are PNBK's Competitive Advantages?

• Local Market Expertise: Deep understanding of the local markets in Connecticut and New York.
• Customer Relationships: Strong relationships with local businesses and individuals.
• Community Reputation: Established reputation as a community-focused bank.
• Personalized Service: Focus on providing personalized service and building relationships.

What Does PNBK Do?

Founded in 1994 and headquartered in Stamford, Connecticut, Patriot National Bancorp, Inc. functions as the holding company for Patriot Bank, N.A. The bank offers a suite of community banking services tailored to individuals, small to medium-sized businesses, and professionals. Its core offerings include a variety of deposit accounts, such as checking, interest-bearing negotiable order of withdrawal (NOW), money market, savings, prepaid deposit, online national money market, individual retirement accounts (IRAs), and health savings accounts (HSAs), alongside a certificate of deposit account registry service. On the lending side, Patriot Bank provides commercial real estate loans, commercial business loans, Small Business Administration (SBA) loans, construction loans, purchased residential real estate loans, and various consumer loans. To complement its deposit and loan services, the bank offers automated clearing house (ACH) transfers, lockbox services, internet banking, bill payment, remote deposit capture, debit cards, money orders, traveler's checks, and automatic teller machine (ATM) services. Patriot Bank operates through a network of eight branch offices located in Fairfield and New Haven Counties, Connecticut, and one branch office in Westchester County, New York. The bank focuses on providing personalized service and building relationships within its local communities.

What Products and Services Does PNBK Offer?

• Provides community banking services to individuals, small and medium-sized businesses, and professionals.
• Accepts consumer and commercial deposit accounts, including checking, savings, and money market accounts.
• Offers various loan products, such as commercial real estate, commercial business, and consumer loans.
• Provides Small Business Administration (SBA) loans to support small business growth.
• Offers online and mobile banking services for convenient access to accounts and transactions.
• Provides automated clearing house (ACH) transfers and lockbox services for businesses.
• Offers debit cards, money orders, and traveler's checks.

How Does PNBK Make Money?

• Generates revenue primarily through interest income from loans.
• Collects fees for various banking services, such as account maintenance and transaction processing.
• Manages risk by diversifying its loan portfolio and adhering to regulatory requirements.
• Attracts deposits through competitive interest rates and convenient banking services.

What Industry Does PNBK Operate In?

Patriot National Bancorp, Inc. operates within the regional banking sector, a segment characterized by intense competition and evolving customer expectations. The industry is undergoing digital transformation, with fintech companies challenging traditional banking models. Regional banks like Patriot National Bancorp, Inc. must adapt by investing in technology and enhancing customer service to maintain market share. The regulatory environment and interest rate fluctuations also significantly impact the profitability of these institutions. The US banking sector is highly fragmented, with thousands of community and regional banks serving local markets.

Who Are PNBK's Key Customers?

• Individuals seeking personal banking services.
• Small and medium-sized businesses requiring commercial banking solutions.
• Professionals needing financial services for their practices.
• Local communities in Fairfield and New Haven Counties, Connecticut, and Westchester County, New York.

Over the past six months, Patriot National Bancorp, Inc. insiders filed 29 SEC Form 4 transactions — 9 sales and 20 purchases. On net that is roughly 1.2M shares acquired (about $484K) — insiders putting money in tends to read as conviction.

Quarterly Financial Performance: Patriot National Bancorp, Inc.

Revenue for Patriot National Bancorp, Inc. came in at $19.5M during Q2 FY2026, a 8.5% improvement versus the preceding quarter. The company recorded net income of $143K, with diluted EPS of $0.00. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this micro-cap Financial Services company. Across the four most recent quarters, PNBK averaged $-0.02 in diluted EPS.

PNBK Valuation & Market Position

With a $115M market cap, Patriot National Bancorp, Inc. sits in the micro-cap segment of the market. Relative to its peer group, PNBK's quantitative score of 30/100 is below the peer average of 91/100.

Return on equity for Patriot National Bancorp, Inc. stands at -13.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -1.0%, showing how much profit it generates from its asset base. Its free cash flow yield is -8.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.23 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -12.7%, the inverse of the P/E and a quick read on earnings relative to price.

Patriot National Bancorp, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.09 places it in the distress zone, a signal of elevated financial risk.

Patriot National Bancorp, Inc. has missed Wall Street's EPS estimate in 8 of its last 8 reported quarters — a recurring pattern of falling short of estimates. Reported results have landed about 575.5% below estimates on average.

Company Profile

Patriot National Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Stamford, United States.

PNBK Financials

PNBK Latest News

PNBK Analyst Consensus

PNBK MoonshotScore

What Investors Ask About Patriot National Bancorp, Inc. (PNBK) — Financial Services

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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