PNBK Financial Statements

Balance sheet, income statement, cash flow, and dividends for Patriot National Bancorp Inc (PNBK).


$7.71M Market Cap.

As of 04/15/2025 5:00 PM ET (MRY) • Disclaimer

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 Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

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%)