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Patriot National Bancorp Inc. (PNBK) Fundamental Analysis & AI Grade 2026

PNBK Nasdaq National Commercial Banks CT CIK: 0001098146
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
80% Confidence
N/A
C
80% Conf
Pending
Analysis scheduled

📊 PNBK Key Takeaways

Revenue: $14.7M
Net Margin: -11.9%
Free Cash Flow: $-3.5M
Current Ratio: N/A
Debt/Equity: 0.18x
EPS: $-0.02
AI Grade: C with 80% confidence
Patriot National Bancorp Inc. (PNBK) receives a C fundamental grade with 80% confidence from our AI analysis based on SEC 10-K filings. With revenue of $14.7M, net profit margin of -11.9%, and return on equity (ROE) of -1.9%, Patriot National Bancorp Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete PNBK stock analysis for 2026.

Is Patriot National Bancorp Inc. (PNBK) a Good Investment?

Claude

PNBK demonstrates strong revenue growth (150% YoY) and an improving loss trajectory, indicating potential turnaround progress. However, the company is currently unprofitable with negative operating cash flow (-2.9M), negative free cash flow (-3.5M), and inability to cover interest expenses, making it fundamentally unsound for a bank requiring regulatory capital compliance and sustainable earnings.

Patriot National Bancorp Inc. Key Strengths (PNBK)

Claude
  • + Strong revenue growth of 150.3% YoY showing significant top-line momentum
  • + Improving profitability trajectory with net loss improving 68.1% YoY toward breakeven
  • + Solid cash position of 109.2M providing operational runway
  • + Conservative leverage with debt-to-equity ratio of 0.18x limiting financial distress risk

PNBK Stock Risks: Patriot National Bancorp Inc. Investment Risks

Claude
  • ! Currently unprofitable across all metrics with negative net income, operating income, and all profitability ratios
  • ! Negative operating cash flow (-2.9M) and free cash flow (-3.5M) indicating unsustainable cash burn despite revenue growth
  • ! Negative interest coverage (-0.1x) unable to service debt obligations from operating income
  • ! Bank sector regulatory capital requirements likely at risk given negative returns on assets (-0.1%) and equity (-1.9%)
  • ! Revenue growth not yet translating to positive cash generation or profitability sustainability

Key Metrics to Watch

Claude
  • * Operating income trajectory - must achieve positive quarterly results
  • * Operating cash flow conversion - critical indicator of sustainable business model
  • * Cash depletion rate and runway remaining at current burn rate
  • * Non-performing asset ratio and loan loss provisions for banking sector health
  • * Net interest margin expansion as core profitability driver for bank

Patriot National Bancorp Inc. (PNBK) Financial Metrics & Key Ratios

Revenue
$14.7M
Net Income
$-1.8M
EPS (Diluted)
$-0.02
Free Cash Flow
$-3.5M
Total Assets
$1.2B
Cash Position
$109.2M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

PNBK Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -11.8%
Net Margin -11.9%
ROE -1.9%
ROA -0.1%
FCF Margin -23.5%

PNBK vs Finance Sector: How Patriot National Bancorp Inc. Compares

How Patriot National Bancorp Inc. compares to Finance sector averages

Net Margin
PNBK -11.9%
vs
Sector Avg 25.0%
PNBK Sector
ROE
PNBK -1.9%
vs
Sector Avg 12.0%
PNBK Sector
Current Ratio
PNBK 0.0x
vs
Sector Avg 1.2x
PNBK Sector
Debt/Equity
PNBK 0.2x
vs
Sector Avg 2.0x
PNBK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Patriot National Bancorp Inc. Stock Overvalued? PNBK Valuation Analysis 2026

Based on fundamental analysis, Patriot National Bancorp Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
-1.9%
Sector avg: 12%
Net Profit Margin
-11.9%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.18x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Patriot National Bancorp Inc. Balance Sheet: PNBK Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.18x
Debt/Assets
92.3%
Interest Coverage
-0.10x
Long-term Debt
$16.4M

PNBK Revenue & Earnings Growth: 5-Year Financial Trend

PNBK 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Patriot National Bancorp Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.05 indicates the company is currently unprofitable.

PNBK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-23.5%
Free cash flow / Revenue

Patriot National Bancorp Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.9M
Cash generated from operations
Stock Buybacks
$2.0K
Shares repurchased (TTM)
Capital Expenditures
$545.0K
Investment in assets
Dividends
None
No dividend program

PNBK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Patriot National Bancorp Inc. (CIK: 0001098146)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 4 xslF345X06/rdgdoc.xml View →
May 27, 2026 4 xslF345X06/rdgdoc.xml View →
May 27, 2026 4 xslF345X06/rdgdoc.xml View →
May 26, 2026 8-K pnbk20260526_8k.htm View →
May 22, 2026 4 xslF345X06/rdgdoc.xml View →

Frequently Asked Questions about PNBK

What is the AI rating for PNBK?

Patriot National Bancorp Inc. (PNBK) has an AI grade of C with 80% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PNBK's key strengths?

Claude: Strong revenue growth of 150.3% YoY showing significant top-line momentum. Improving profitability trajectory with net loss improving 68.1% YoY toward breakeven.

What are the risks of investing in PNBK?

Claude: Currently unprofitable across all metrics with negative net income, operating income, and all profitability ratios. Negative operating cash flow (-2.9M) and free cash flow (-3.5M) indicating unsustainable cash burn despite revenue growth.

What is PNBK's revenue and growth?

Patriot National Bancorp Inc. reported revenue of $14.7M.

Does PNBK pay dividends?

Patriot National Bancorp Inc. does not currently pay dividends.

Where can I find PNBK SEC filings?

Official SEC filings for Patriot National Bancorp Inc. (CIK: 0001098146) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PNBK's EPS?

Patriot National Bancorp Inc. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PNBK's fundamental grade?

Based on our AI fundamental analysis in May 2026, Patriot National Bancorp Inc. has a C grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PNBK stock overvalued or undervalued?

Valuation metrics for PNBK: ROE of -1.9% (sector avg: 12%), net margin of -11.9% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is PNBK's AI grade for 2026?

Our dual AI analysis gives Patriot National Bancorp Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PNBK's free cash flow?

Patriot National Bancorp Inc.'s operating cash flow is $-2.9M, with capital expenditures of $545.0K. FCF margin is -23.5%.

How does PNBK compare to other Finance stocks?

Vs Finance sector averages: Net margin -11.9% (avg: 25%), ROE -1.9% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI