PNBK: Patriot National Bancorp Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Patriot National Bancorp Inc (PNBK).
$7.71M Market Cap.
PNBK Market Cap. (MRY)
PNBK Shares Outstanding (MRY)
PNBK Assets (MRY)
Total Assets
$1.01B
Total Liabilities
$1.01B
Total Investments
$802.47M
PNBK Income (MRY)
Revenue
$15.98M
Net Income
-$39.88M
Operating Expense
$32.08M
PNBK Cash Flow (MRY)
CF Operations
$2.68M
CF Investing
$135.01M
CF Financing
-$41.62M
PNBK Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,012,292,000 (-7.42%) | $1,093,425,000 (4.80%) | $1,043,359,000 (10.00%) | $948,481,000 (7.69%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $156,000 (-23.15%) | $203,000 (-85.03%) | $1,356,000 (-3.35%) | $1,403,000 (-3.24%) |
Shareholders Equity | $4,265,000 (-90.39%) | $44,383,000 (-25.51%) | $59,583,000 (-11.52%) | $67,344,000 (6.52%) |
Property Plant & Equipment Net | $28,865,000 (-3.38%) | $29,875,000 (-2.50%) | $30,641,000 (-2.73%) | $31,500,000 (-5.75%) |
Cash & Equivalents | $162,610,000 (144.39%) | $66,536,000 (72.85%) | $38,493,000 (-18.18%) | $47,045,000 (35.83%) |
Accumulated Other Comprehensive Income | -$15,681,000 (-2.75%) | -$15,261,000 (2.45%) | -$15,645,000 (-855.71%) | -$1,637,000 (-216.02%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $802,467,000 (-15.85%) | $953,630,000 (1.59%) | $938,688,000 (11.94%) | $838,530,000 (7.25%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | -$86,908,000 (-84.81%) | -$47,026,000 (-50.07%) | -$31,337,000 (16.43%) | -$37,498,000 (11.96%) |
Tax Assets | $0 (0%) | $24,134,000 (55.43%) | $15,527,000 (27.84%) | $12,146,000 (5.65%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $34,540,000 (-82.92%) | $202,269,000 (74.25%) | $116,079,000 (-4.71%) | $121,822,000 (-2.23%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $1,008,027,000 (-3.91%) | $1,049,042,000 (6.63%) | $983,776,000 (11.65%) | $881,137,000 (7.78%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
PNBK Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $15,984,000 (-40.97%) | $27,076,000 (-22.59%) | $34,979,000 (15.89%) | $30,184,000 (25.97%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $27,624,000 (2.30%) | $27,003,000 (13.15%) | $23,865,000 (18.74%) | $20,098,000 (-13.89%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $32,081,000 (-1.92%) | $32,709,000 (20.16%) | $27,222,000 (8.15%) | $25,171,000 (-10.48%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $23,785,000 (1735.83%) | -$1,454,000 (-191.10%) | $1,596,000 (2070.37%) | -$81,000 (75.96%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$39,882,000 (-854.34%) | -$4,179,000 (-167.83%) | $6,161,000 (20.95%) | $5,094,000 (233.39%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$39,882,000 (-854.34%) | -$4,179,000 (-167.83%) | $6,161,000 (20.95%) | $5,094,000 (233.39%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$39,882,000 (-854.34%) | -$4,179,000 (-167.83%) | $6,161,000 (20.95%) | $5,094,000 (233.39%) |
Weighted Average Shares | $3,976,073 (0.27%) | $3,965,186 (0.20%) | $3,957,269 (0.24%) | $3,947,976 (0.28%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | -$16,097,000 (-185.76%) | -$5,633,000 (-172.62%) | $7,757,000 (54.74%) | $5,013,000 (220.62%) |
Gross Profit | $15,984,000 (-40.97%) | $27,076,000 (-22.59%) | $34,979,000 (15.89%) | $30,184,000 (25.97%) |
Operating Income | -$16,097,000 (-185.76%) | -$5,633,000 (-172.62%) | $7,757,000 (54.74%) | $5,013,000 (220.62%) |
PNBK Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $135,011,000 (596.80%) | -$27,176,000 (77.73%) | -$122,051,000 (-121.09%) | -$55,205,000 (-166.57%) |
Net Cash Flow from Financing | -$41,620,000 (-163.12%) | $65,934,000 (-38.07%) | $106,463,000 (77.39%) | $60,018,000 (163.87%) |
Net Cash Flow from Operations | $2,683,000 (125.04%) | -$10,715,000 (-252.29%) | $7,036,000 (-7.37%) | $7,596,000 (20.94%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $96,074,000 (242.60%) | $28,043,000 (427.91%) | -$8,552,000 (-168.92%) | $12,409,000 (360.26%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $135,053,000 (604.61%) | -$26,764,000 (78.00%) | -$121,637,000 (-116.29%) | -$56,239,000 (-167.76%) |
Capital Expenditure | -$42,000 (89.81%) | -$412,000 (0.48%) | -$414,000 (-140.04%) | $1,034,000 (1577.14%) |
Issuance (Repayment) of Debt Securities | -$167,906,000 (-295.08%) | $86,069,000 (1687.70%) | -$5,421,000 (-87.71%) | -$2,888,000 (71.39%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $184,000 (75.24%) | $105,000 (22.09%) | $86,000 (-42.67%) | $150,000 (-5.66%) |
Depreciation Amortization & Accretion | $1,125,000 (-9.20%) | $1,239,000 (-9.69%) | $1,372,000 (-12.50%) | $1,568,000 (-0.70%) |
PNBK Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | -249.50% (-1520.13%) | -15.40% (-187.50%) | 17.60% (4.14%) | 16.90% (206.29%) |
EBITDA Margin | -93.70% (-478.40%) | -16.20% (-162.07%) | 26.10% (19.72%) | 21.80% (301.85%) |
Return on Average Equity (ROAE) | -152.20% (-1536.56%) | -9.30% (-190.29%) | 10.30% (33.77%) | 7.70% (228.33%) |
Return on Average Assets (ROAA) | -3.90% (-875.00%) | -0.40% (-166.67%) | 0.60% (20.00%) | 0.50% (225.00%) |
Return on Sales (ROS) | -100.70% (-384.13%) | -20.80% (-193.69%) | 22.20% (33.73%) | 16.60% (195.95%) |
Return on Invested Capital (ROIC) | -1.50% (-275.00%) | -0.40% (-157.14%) | 0.70% (40.00%) | 0.50% (225.00%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.19 (94.71%) | -3.65 (-153.69%) | 6.79 (-43.63%) | 12.05 (217.63%) |
Price to Sales Ratio (P/S) | 0.48 (-13.90%) | 0.56 (-53.21%) | 1.2 (-41.05%) | 2.03 (24.56%) |
Price to Book Ratio (P/B) | 1.81 (428.95%) | 0.34 (-51.42%) | 0.7 (-22.81%) | 0.91 (47.33%) |
Debt to Equity Ratio (D/E) | 236.35 (899.95%) | 23.64 (43.15%) | 16.51 (26.19%) | 13.08 (1.18%) |
Earnings Per Share (EPS) | -10.03 (-855.24%) | -1.05 (-167.31%) | 1.56 (20.93%) | 1.29 (232.99%) |
Sales Per Share (SPS) | 4.02 (-41.12%) | 6.83 (-22.75%) | 8.84 (15.62%) | 7.64 (25.62%) |
Free Cash Flow Per Share (FCFPS) | 0.66 (123.66%) | -2.81 (-267.72%) | 1.67 (-23.47%) | 2.19 (38.53%) |
Book Value Per Share (BVPS) | 1.07 (-90.41%) | 11.19 (-25.66%) | 15.06 (-11.73%) | 17.06 (6.23%) |
Tangible Assets Book Value Per Share (TABVPS) | 254.56 (-7.67%) | 275.7 (4.71%) | 263.31 (9.76%) | 239.89 (7.41%) |
Enterprise Value Over EBIT (EV/EBIT) | -4 (87.88%) | -33 (-250.00%) | 22 (-31.25%) | 32 (218.52%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -4.13 (90.15%) | -41.95 (-327.09%) | 18.47 (-23.12%) | 24.03 (154.88%) |
Asset Turnover | 0.02 (-33.33%) | 0.02 (-29.41%) | 0.03 (6.25%) | 0.03 (28.00%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $2,641,000 (123.74%) | -$11,127,000 (-268.03%) | $6,622,000 (-23.27%) | $8,630,000 (38.95%) |
Enterprise Value (EV) | $61,832,582 (-66.45%) | $184,312,852 (9.31%) | $168,619,051 (6.64%) | $158,123,027 (40.15%) |
Earnings Before Tax (EBT) | -$16,097,000 (-185.76%) | -$5,633,000 (-172.62%) | $7,757,000 (54.74%) | $5,013,000 (220.62%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$14,972,000 (-240.74%) | -$4,394,000 (-148.13%) | $9,129,000 (38.72%) | $6,581,000 (355.37%) |
Invested Capital | $884,066,000 (-28.06%) | $1,228,955,000 (9.77%) | $1,119,589,000 (9.56%) | $1,021,855,000 (5.43%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,012,136,000 (-7.42%) | $1,093,222,000 (4.92%) | $1,042,003,000 (10.02%) | $947,078,000 (7.71%) |
Market Capitalization | $7,713,582 (-49.21%) | $15,187,852 (-63.79%) | $41,947,051 (-31.67%) | $61,391,027 (56.87%) |
Average Equity | $26,203,750 (-41.58%) | $44,853,000 (-25.27%) | $60,018,000 (-9.01%) | $65,960,750 (2.84%) |
Average Assets | $1,024,641,500 (-8.58%) | $1,120,772,000 (8.63%) | $1,031,758,500 (10.05%) | $937,517,250 (-0.86%) |
Invested Capital Average | $1,047,779,000 (-17.43%) | $1,268,962,500 (12.78%) | $1,125,205,500 (13.58%) | $990,688,500 (-2.64%) |
Shares | 3,976,073 (0.27%) | 3,965,186 (0.20%) | 3,957,269 (0.24%) | 3,947,976 (0.28%) |
