Patriot National Bancorp Inc. Common Stock (PNBK)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, Patriot National Bancorp trades at $0.84, giving a market capitalization near $99.7 million. This is a 107-employee community bank, a commodity business with little pricing power and no durable moat I can identify from the data. The reported record is troubled: a fiscal 2023 net loss of $4.2 million, a fiscal 2024 net loss of $39.9 million, and a fiscal 2025 net loss of $12.7 million. In fiscal Q1 2026, the quarter ended 2026-03-31, the loss was $1.8 million; in fiscal Q2 2026, the quarter ended 2026-06-30, net income was $143,000 and diluted EPS was $0.00. That is real improvement, but one quarter of near-breakeven profit does not prove a turnaround. FairStock calculations show a P/B of 1.11 and ROE of -8.44%. Paying slightly above book for a bank with negative returns is not an obvious bargain. The negative P/E of -16.80 simply reflects trailing losses. The Piotroski F-Score is 4/9, and the Lynch category is TURNAROUND, because the latest year had a loss after earlier profits. I do not have CET1, net interest margin, credit quality, or leverage measures; D/E is N/A, so I cannot judge solvency and underwriting risk. The stock sits at the bottom of its 52-week range of $0.84 to $2.00, and pays no dividend. A conservative investor should demand consistent positive ROE, stable book value, and capital strength before calling this cheap. Until then, it is a speculation on recovery, not a proven compounder.

In plain English: Patriot National Bancorp is a small community bank serving individuals and small businesses. It has lost money in recent years but had a tiny profit in the latest quarter, so the business still looks weak. At $0.84 a share, the price looks low, but it is not clearly cheap because losses and balance-sheet risks remain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer