PNBK
Patriot National Bancorp Inc
NASDAQ: PNBK · FINANCIAL SERVICES · BANKS - REGIONAL
$1.23
-5.38% today
Updated 2026-04-29
Market cap
$152.95M
P/E ratio
—
P/S ratio
5.44x
EPS (TTM)
$-0.17
Dividend yield
—
52W range
$1 – $7
Volume
0.4M
Patriot National Bancorp Inc (PNBK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.37M | $54.10M | $58.77M | $45.91M | $37.66M | $31.47M | $28.35M | $23.81M | $22.14M | $25.24M | $26.91M | $34.23M | $41.91M | $45.97M | $39.71M | $36.64M | $47.38M | $64.70M | $60.56M | $58.16M |
| Revenue growth (YoY) | — | +34.0% | +8.6% | -21.9% | -18.0% | -16.4% | -9.9% | -16.0% | -7.0% | +14.0% | +6.6% | +27.2% | +22.4% | +9.7% | -13.6% | -7.7% | +29.3% | +36.6% | -6.4% | -4.0% |
| Cost of revenue | $19.11M | $27.84M | $39.83M | $37.45M | $21.19M | $15.97M | $5.04M | $5.82M | $2.97M | $2.94M | $5.47M | $6.10M | $13.68M | $23.19M | $15.92M | $6.59M | $12.64M | $37.89M | $44.74M | $30.23M |
| Gross profit | $21.26M | $26.25M | $18.94M | $8.47M | $16.47M | $15.50M | $23.31M | $17.98M | $19.16M | $22.30M | $21.44M | $28.13M | $28.23M | $22.78M | $23.79M | $30.05M | $34.74M | $26.82M | $15.82M | $27.92M |
| Gross margin | 52.7% | 48.5% | 32.2% | 18.4% | 43.7% | 49.2% | 82.2% | 75.5% | 86.6% | 88.4% | 79.7% | 82.2% | 67.4% | 49.6% | 59.9% | 82.0% | 73.3% | 41.4% | 26.1% | 48.0% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $10.44M | $11.85M | $12.09M | $18.48M | $15.59M | $14.55M | $12.53M | $11.31M | $9.56M | $10.78M | $10.65M | $12.29M | $13.14M | $15.28M | $14.61M | $11.37M | $15.78M | $17.88M | $18.21M | $22.71M |
| Operating income | $3.68M | $4.21M | $-10.18M | $-21.67M | $-15.17M | $-15.46M | $-536000.00 | $-7.63M | $959000.00 | $3.50M | $3.14M | $7.02M | $4.09M | $-3.72M | $-4.16M | $5.01M | $7.76M | $-5.63M | $-16.10M | $-12.65M |
| Operating margin | 9.1% | 7.8% | -17.3% | -47.2% | -40.3% | -49.1% | -1.9% | -32.0% | 4.3% | 13.9% | 11.7% | 20.5% | 9.7% | -8.1% | -10.5% | 13.7% | 16.4% | -8.7% | -26.6% | -21.8% |
| EBITDA | $4.56M | $5.72M | $-8.53M | $-19.99M | $-13.66M | $-14.17M | $680000.00 | $-6.41M | $2.04M | $4.54M | $4.35M | $8.29M | $5.62M | $-2.02M | $-2.56M | $6.65M | $9.23M | $-4.28M | $-14.74M | $-11.46M |
| EBITDA margin | 11.3% | 10.6% | -14.5% | -43.5% | -36.3% | -45.0% | 2.4% | -26.9% | 9.2% | 18.0% | 16.2% | 24.2% | 13.4% | -4.4% | -6.4% | 18.1% | 19.5% | -6.6% | -24.3% | -19.7% |
| EBIT | $3.68M | $4.21M | $-10.18M | $-21.67M | $-15.17M | $-15.46M | $-536000.00 | $-7.63M | $959000.00 | $3.50M | $3.14M | $7.02M | $4.09M | $-3.72M | $-4.16M | $5.01M | $7.76M | $-5.63M | $-16.10M | $-12.65M |
| Interest expense | $18.07M | $27.77M | $28.54M | $24.36M | $13.47M | $8.51M | $7.42M | $4.85M | $2.97M | $2.69M | $3.01M | $6.96M | $12.38M | $18.22M | $13.75M | $7.09M | $10.75M | $30.46M | $32.28M | $28.73M |
| Income tax | $1.27M | $1.54M | $-3.06M | $2.21M | $225000.00 | $0.00 | $7.42M | $-339000.00 | $-14.75M | $1.36M | $1.21M | $2.88M | $890000.00 | $-899000.00 | $-337000.00 | $-81000.00 | $1.60M | $-1.45M | $23.79M | — |
| Effective tax rate | 34.4% | 36.5% | 30.1% | -10.2% | -1.5% | 0.0% | 107.8% | 4.4% | -1538.1% | 38.8% | 38.5% | 40.9% | 21.8% | 24.2% | 8.1% | -1.6% | 20.6% | 25.8% | -147.8% | 0.0% |
| Net income | $2.42M | $2.68M | $-7.11M | $-23.88M | $-15.40M | $-15.46M | $-536000.00 | $-7.29M | $15.71M | $2.14M | $1.93M | $4.15M | $3.20M | $-2.82M | $-3.82M | $5.09M | $6.16M | $-4.18M | $-39.88M | $-12.71M |
| Net income growth (YoY) | — | +10.9% | -365.6% | -235.8% | +35.5% | -0.4% | +96.5% | -1259.9% | +315.5% | -86.4% | -9.9% | +114.9% | -22.9% | -188.1% | -35.6% | +233.4% | +20.9% | -167.8% | -854.3% | +68.1% |
| Profit margin | 6.0% | 5.0% | -12.1% | -52.0% | -40.9% | -49.1% | -1.9% | -30.6% | 71.0% | 8.5% | 7.2% | 12.1% | 7.6% | -6.1% | -9.6% | 13.9% | 13.0% | -6.5% | -65.9% | -21.9% |