Patriot National Bancorp Inc (PNBK) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, Patriot National Bancorp reported revenue of $29.6M, up 4.2% from $28.4M the year before. Net income was -$12.7M (a -42.9% net margin), or -$0.17 per diluted share. Net interest income was $19.1M, and the efficiency ratio (noninterest expense / revenue) was 137.6%. Operating activities generated -$14.2M of cash, leaving -$14.3M of free cash flow. At fiscal year end, Patriot National Bancorp held $1.09B in total assets against $993.2M in total liabilities.
Open the full interactive Patriot National Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
Patriot National Bancorp Key Stats
| Share Price | $0.84 |
|---|---|
| Market Cap | $98.7M |
| Revenue YoY Growth | +4.2% |
| 52-Week Range | $0.84 – $1.92 |
| Shares Outstanding | 117.5 million (basic, 2026 Q2) |
Patriot National Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $24.2M | $25.3M | $33.3M | $28.5M | $20.1M | $19.1M |
| Provision for Credit Losses | $2.2M | -$500,000 | $1.9M | $7.4M | $12.5M | $1.5M |
| Noninterest Income | $2.0M | $4.4M | $3.6M | $6.0M | $8.4M | $10.5M |
| Noninterest Expense | $28.1M | $25.2M | $27.2M | $32.7M | $32.1M | $40.8M |
| Revenue | $26.1M | $29.7M | $36.9M | $34.5M | $28.4M | $29.6M |
| Pre-Tax Income | -$4.2M | $5.0M | $7.8M | -$5.6M | -$16.1M | -$12.7M |
| Income Tax | -$337,000 | -$81,000 | $1.6M | -$1.5M | $23.8M | $59,000 |
| Net Income | -$3.8M | $5.1M | $6.2M | -$4.2M | -$39.9M | -$12.7M |
| Diluted EPS | -$0.97 | $1.29 | $1.55 | -$1.05 | -$10.03 | -$0.17 |
Patriot National Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $7.2M | $9.5M | $10.3M | $12.0M |
| Net Income | -$2.7M | -$2.3M | -$1.8M | $143,000 |
| Diluted EPS | -$0.03 | -$0.03 | -$0.02 | — |
Patriot National Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $34.6M | $47.0M | $38.5M | — | — | — |
| Loans (Net) | — | — | — | $832.9M | $700.2M | $585.7M |
| Total Assets | $880.7M | $948.5M | $1.04B | $1.09B | $1.01B | $1.09B |
| Deposits | $685.7M | $748.6M | $860.4M | $840.3M | $966.6M | $965.8M |
| Total Long-Term Debt | $120.8M | $120.7M | $115.2M | $201.1M | $33.1M | $16.4M |
| Total Liabilities | $817.5M | $881.1M | $983.8M | $1.05B | $1.01B | $993.2M |
| Shareholders' Equity | $63.2M | $67.3M | $59.6M | $44.4M | $4.3M | $94.7M |
Patriot National Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $6.3M | $7.6M | $7.0M | -$10.7M | $2.7M | -$14.2M |
| Cash From Investing | $82.9M | -$55.2M | -$122.1M | -$27.2M | $135.0M | -$20.5M |
| Cash From Financing | -$94.0M | $60.0M | $106.5M | $65.9M | -$41.6M | $79.2M |
| Free Cash Flow | $6.2M | $7.2M | $6.6M | -$11.1M | $2.6M | -$14.3M |
Figures from Patriot National Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Patriot National Bancorp financials page for every line item.
Patriot National Bancorp Company Profile
| Ticker | PNBK |
|---|---|
| Exchange | Nasdaq |
| Industry | National Commercial Banks |
| Headquarters | Stamford, Connecticut |
| Incorporated in | Connecticut |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001098146 |
Frequently Asked Questions
What was Patriot National Bancorp's revenue in fiscal 2025?
Patriot National Bancorp (PNBK) reported revenue of $29.6M for fiscal 2025.
What is Patriot National Bancorp's annual revenue history?
Patriot National Bancorp's annual revenue by fiscal year: 2020: $26.1M; 2021: $29.7M; 2022: $36.9M; 2023: $34.5M; 2024: $28.4M; 2025: $29.6M.
What was Patriot National Bancorp's net income in fiscal 2025?
Patriot National Bancorp reported net income of -$12.7M for fiscal 2025.
What was Patriot National Bancorp's earnings per share (EPS) in fiscal 2025?
Patriot National Bancorp's diluted EPS was -$0.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Patriot National Bancorp generate in fiscal 2025?
Patriot National Bancorp generated -$14.3M of free cash flow in fiscal 2025.
What was Patriot National Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), Patriot National Bancorp reported revenue of $12.0M.
How much debt does Patriot National Bancorp have?
Patriot National Bancorp reported $16.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Patriot National Bancorp are outstanding?
Patriot National Bancorp reported a weighted average of 117.5 million basic shares outstanding in 2026 Q2.
What is Patriot National Bancorp's market cap?
Based on its latest closing price, Patriot National Bancorp (PNBK) has a market capitalization of about $98.7M.
When does Patriot National Bancorp's fiscal year end?
Patriot National Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is Patriot National Bancorp headquartered?
Patriot National Bancorp lists its business address in Stamford, Connecticut in its SEC filings.