Patriot National Bancorp Inc. (PNBK) is a bank holding firm established in 1994 and headquartered in Stamford, Connecticut. It has been successfully operating for over two decades, continually enriching its versatile portfolio of financial services throughout its existence. The trade symbol PNBK symbolizes the company in the global stock market, particularly on the NASDAQ market.
The company essentially operates through its principal subsidiary, Patriot Bank, N.A. The subsidiary is responsible for extending commercial, consumer, and real estate loans to businesses, professionals, and individuals. The bank also offers deposit services, including checking accounts, savings accounts, time certificates of deposit, and individual retirement accounts.
Patriot National Bancorp Inc. runs on a community-oriented banking model. Its lending operations are mainly in Connecticut and New York. However, PNBK's reach spans throughout the USA, thanks to the comprehensive and customer-friendly online and mobile banking platforms. They are committed to delivering personalized and efficient banking services, maintaining a well-established reputation for client satisfaction.
PNBK’s banking services extend to government-backed loans, including the Small Business Administration (SBA) and United States Department of Agriculture (USDA) loans. They offer efficient lending roadmap to start-ups and established businesses alike, catering to the diverse financial needs of the community.
The company’s sound financial status is validated by its impressive Asset turnover ratio. As of the of end of the second quarter of 2021, Patriot National Bancorp reported total assets of nearly $1.0 billion. The report testifies of the organization's firm financial grip and investment prowess, justifying its importance in the stock market.
PNBK’s leadership is relentlessly committed to the principles of corporate responsibility and understands the importance of giving back to the community. The company’s philanthropic efforts, such as the PNBK-sponsored scholarships and donations to local institutions, reflect its commitment to community enrichment.
Info over the years, Patriot National Bancorp Inc. (PNBK) has exemplified stability and innovation in the banking sector. With its customer-centric approach, diverse services, and commitment to community enrichment, the company holds a robust and influential position in the American financial landscape. Its continued growth and stability affirm Patriot National Bancorp as a necessary facet of the current banking and financial ecosystem.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Steven Sugarman, President and CEO of Patriot National Bancorp, received an equity grant of 293,098 restricted stock units (RSUs) on October 14, 2026. These RSUs, granted as part of his employment agreement, will vest in twelve equal monthly installments starting October 14, 2026, and are subject to a one-year restricted period. Post-grant, Sugarman directly holds 426,982 RSUs and has significant common stock holdings both directly and indirectly through a living trust.
Patriot National Bancorp, Inc. (NASDAQ:PNBK) has announced a registered direct offering to raise approximately $5.5 million. The offering includes the sale of 4,782,608 shares of common stock at $1.15 per share and 956,522 five-year warrants with an exercise price of $1.25. The net proceeds will be used for capital investment in Patriot Bank NA and for general corporate purposes.
Patriot National Bancorp (PNBK) is expected to report its Q2 2026 earnings before market open on Thursday, August 13th, with analysts projecting $0.25 per share on $8.40 million in revenue. The previous quarter saw the bank miss earnings expectations but exceed revenue estimates, leading to negative investor sentiment and a "Sell" rating from Weiss Ratings and the sole analyst covering the stock. Currently, shares trade at $1.15, with institutional investors holding 39.25% of the stock.