Patriot National Bancorp, Inc. (PNBK) Stock

Patriot National Bancorp, Inc. (PNBK) is a Financials stock trading at $1.03 (as of 2026-08-21), with a market capitalization of $122.90M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Patriot National Bancorp, Inc. is the holding company for Patriot Bank, N.A., which provides community banking services. It offers deposit and lending products—including commercial and consumer loans—and related delivery services such as online and mobile deposit features, bill payment, and ATM and debit card access to individuals, small and medium-sized businesses, and professionals.

Understand Patriot National Bancorp, Inc.: how it makes money

Patriot National Bancorp is a community bank holding company that takes customer deposits and makes loans, including commercial real estate, commercial business, small business, and consumer lending.

A bank's profit engine is the spread between income earned on its loan portfolio and the cost of its deposit funding, adjusted by credit and other operating expenses.

Business quality (Weak): The company is a community bank focused on lending, with its operating performance in the latest quarter showing a negative operating margin.

Valuation: At 48× earnings, PNBK trades 280% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Loan mix centered on non-owner-occupied commercial real estate: Non-Owner-Occupied Commercial Real Estate Loans Share is 44% of the loan mix candidate set, indicating management focus on this category.
  • Prepaid debit card program balance exists: Prepaid Debit Card Program Balance is 0.17 USD_B, suggesting an additional customer product line tied to deposit-like balances.

Bear case

  • Operating loss in the latest quarter: Operating margin is -11.8% for the period 2026-03-31.
  • Concentration risk from commercial real estate exposure: With 44% of the loan mix in Non-Owner-Occupied Commercial Real Estate, results could be more sensitive to conditions affecting commercial property borrowers.
Valuation — source: SEC EDGAR (first-party)
Price$1.03
Market Cap$122.90M
Price / Book1.38
Price / Sales2.24
FCF Yield-15.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$47.84M
Net Margin-26.6%
Revenue Growth (YoY)42.8%
EPS Growth (YoY)-100.0%
FCF Growth (YoY)-717.2%
Valuation vs Sector & Industry
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD CAPITAL MANAGEMENT LLC ($5.68M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOSteven Alan Sugarman
Employees129
CountryUS
IPO Date1994-08-31

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PNBK earnings history · PNBK institutional & insider holders · PNBK KPIs & operating metrics · PNBK financials · PNBK investor presentations & press releases · PNBK SEC filings · PNBK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.