Financial health
- The company holds more cash ($207M) than total debt ($16M).
- The company is unprofitable; at its current free-cash-flow burn it has roughly 14.4 years of cash runway.
PNBK Financials PATRIOT NATIONAL BANCORP INC
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
Net income
ROEROA
Equity
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | -$13M | — | — | -13.4% | -1.2% | -$14M | $16M | $207M |
| 2024 | — | -$40M | — | — | -935.1% | -3.9% | $3M | $33M | $163M |
| 2023 | — | -$4M | — | — | -9.4% | -0.4% | -$11M | $201M | $67M |
| 2022 | — | $6M | — | — | 10.3% | 0.6% | $7M | $115M | $38M |
| 2021 | — | $5M | — | — | 7.6% | 0.5% | $7M | $121M | $47M |
| 2020 | — | -$4M | — | — | -6.0% | -0.4% | $6M | $121M | $35M |
| 2019 | — | -$3M | — | — | -4.2% | -0.3% | -$12M | $131M | $39M |
| 2018 | — | $3M | — | — | 4.6% | 0.3% | $4M | $131M | — |
| 2017 | — | $4M | — | — | 6.2% | 0.5% | $4M | $141M | — |
| 2016 | — | $2M | — | — | 3.1% | 0.3% | $996000 | $159M | — |
| 2015 | — | $2M | — | — | 3.5% | 0.3% | -$563000 | $142M | — |
| 2014 | — | $16M | — | — | 26.7% | 2.5% | — | $128M | — |
| 2013 | — | -$7M | — | — | -17.4% | -1.3% | -$13M | — | — |
| 2012 | — | -$536000 | — | — | -1.1% | -0.1% | -$4M | $57M | — |
| 2011 | — | -$15M | — | — | -30.6% | -2.3% | -$2M | $57M | — |
Net income
ROEROA
Equity
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | $143000 | — | — | 0.2% | 0.0% | -$6M | — | $122M |
| Mar '26 | — | -$2M | — | — | -1.9% | -0.1% | -$3M | — | $109M |
| Dec '25 | — | -$2M | — | — | -2.4% | -0.2% | -$4M | $16M | $207M |
| Sep '25 | — | -$3M | — | — | -2.8% | -0.3% | -$5M | — | $202M |
| Jun '25 | — | -$5M | — | — | -7.6% | -0.5% | $919000 | — | $203M |
| Mar '25 | — | -$3M | — | — | -4.9% | -0.3% | -$6M | — | $136M |
| Dec '24 | — | -$10M | — | — | -223.9% | -0.9% | -$2M | $33M | $163M |
| Sep '24 | — | -$27M | — | — | -164.5% | -2.8% | -$3M | — | $73M |
| Jun '24 | — | -$3M | — | — | -7.6% | -0.3% | $6M | — | $94M |
| Mar '24 | — | -$299000 | — | — | -0.7% | -0.0% | $2M | — | $93M |
| Dec '23 | — | $905000 | — | — | 2.0% | 0.1% | -$182000 | $201M | $67M |
| Sep '23 | — | -$4M | — | — | -9.4% | -0.3% | -$15M | — | $79M |
| Jun '23 | — | -$615000 | — | — | -1.3% | -0.1% | $4M | — | $71M |
| Mar '23 | — | -$699000 | — | — | -1.4% | -0.1% | -$310000 | — | $60M |
| Dec '22 | — | $2M | — | — | 3.0% | 0.2% | $7M | $115M | $38M |
| Sep '22 | — | $2M | — | — | 4.0% | 0.2% | $2M | — | $31M |
| Jun '22 | — | $1M | — | — | 2.1% | 0.1% | $2M | — | $38M |
| Mar '22 | — | $800000 | — | — | 1.3% | 0.1% | -$4M | — | $44M |
| Dec '21 | — | $2M | — | — | 2.8% | 0.2% | $4M | $121M | $47M |
| Sep '21 | — | $1M | — | — | 2.0% | 0.1% | $3M | — | — |
Valuation over time
How the market has priced PNBK against its own fundamentals since 2023-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 165.7× (Apr '23) to 84.4× (Dec '23).
P/E
Frequently asked questions
Is PNBK growing its revenue and profit?
See the revenue and net-income charts above for PATRIOT NATIONAL BANCORP INC's multi-year trend.
How much debt does PNBK have?
As of FY2025, PATRIOT NATIONAL BANCORP INC reported $16M of total debt against $207M of cash.
What is PNBK's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is PNBK's P/E ratio?
As of Sep '26, PATRIOT NATIONAL BANCORP INC traded at a price-to-earnings ratio of about 84.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.