PNBK (Patriot National Bancorp, Inc.) Stock Financials & Earnings | Market Cap Arena

PNBK (Patriot National Bancorp, Inc.) Stock Financials & Earnings | Market Cap Arena

PNBKPatriot National Bancorp, Inc.

Mkt Cap$144M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Revenue (TTM)$57M

Net Income (TTM)-$20M

EPS (TTM)-$2.71

Free Cash Flow (TTM)-$13M

Gross Margin30.1%

Op. Margin-35.4%

Net Margin-35.3%

FCF Margin-22.4%

P/S Ratio (TTM)2.5x

P/E Ratio (TTM)—

YoY Rev Growth-12.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$15M	$9M	$2M
Q1 23	$14M	$7M	-$956K
Q2 23	$16M	$7M	-$846K
Q3 23	$16M	$3M	-$5M
Q4 23	$18M	$10M	$1M
Q1 24	$16M	$7M	-$233K
Q2 24	$15M	$4M	-$4M
Q3 24	$15M	$6M	-$2M
Q4 24	$14M	-$1M	-$10M
Q1 25	$15M	$6M	-$3M
Q2 25	$14M	$5M	-$5M
Q3 25	$14M	$8M	-$3M

Valuation

Quarter	P/S	P/E
Q4 22	3.0x	23.3x
Q1 23	2.7x	30.8x
Q2 23	2.5x	51.7x
Q3 23	2.3x	—
Q4 23	2.2x	—
Q1 24	2.2x	—
Q2 24	2.2x	—
Q3 24	2.2x	—
Q4 24	2.4x	—
Q1 25	2.4x	—
Q2 25	2.5x	—
Q3 25	2.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$7M	$7M
Q1 23	-$212K	-$310K
Q2 23	$4M	$4M
Q3 23	-$14M	-$15M
Q4 23	-$167K	-$182K
Q1 24	$2M	$2M
Q2 24	$6M	$6M
Q3 24	-$3M	-$3M
Q4 24	-$3M	-$2M
Q1 25	-$6M	-$6M
Q2 25	$921K	$918K
Q3 25	-$5M	-$5M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$92K
Q1 23	$98K
Q2 23	$132K
Q3 23	$167K
Q4 23	$15K
Q1 24	$41K
Q2 24	$50K
Q3 24	$61K
Q4 24	$97K
Q1 25	$70K
Q2 25	$3K
Q3 25	$19K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+42.0%	+26.9%
Q1 23	+59.8%	+94.3%
Q2 23	+53.5%	+94.0%
Q3 23	+27.9%	+109.3%
Q4 23	+18.3%	+30.7%
Q1 24	+12.5%	+7.1%
Q2 24	-5.0%	+13.9%
Q3 24	-8.2%	-19.3%
Q4 24	-21.2%	+41.7%
Q1 25	-6.6%	+9.0%
Q2 25	-11.3%	-3.5%
Q3 25	-7.6%	-4.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$23K	0.2%
Q1 23	$23K	0.2%
Q2 23	$23K	0.1%
Q3 23	$31K	0.2%
Q4 23	$28K	0.2%
Q1 24	$24K	0.1%
Q2 24	$41K	0.3%
Q3 24	$55K	0.4%
Q4 24	$64K	0.5%
Q1 25	$181K	1.2%
Q2 25	$1M	8.3%
Q3 25	$2M	13.1%

OpEx Breakdown

Quarter	G&A	S&M
Q4 22	$3M	$41K
Q1 23	$5M	$85K
Q2 23	$5M	$77K
Q3 23	$5M	$61K
Q4 23	$4M	$46K
Q1 24	$5M	$46K
Q2 24	$5M	$88K
Q3 24	$5M	$105K
Q4 24	$4M	$121K
Q1 25	$5M	$153K
Q2 25	$6M	$44K
Q3 25	$6M	$46K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$38M	$85M	$123M
Q1 23	$60M	$92M	$152M
Q2 23	$71M	$91M	$161M
Q3 23	$79M	$86M	$165M
Q4 23	$53M	$21M	$73M
Q1 24	$64M	$88M	$152M
Q2 24	$94M	$87M	$180M
Q3 24	$73M	$90M	$162M
Q4 24	$148M	$20M	$167M
Q1 25	$121M	$0	$121M
Q2 25	$188M	$8M	$196M
Q3 25	$181M	$92M	$273M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	4M	-0.8%
Q1 23	4M	+0.8%
Q2 23	4M	+0.0%
Q3 23	4M	+0.0%
Q4 23	4M	+0.3%
Q1 24	4M	+0.0%
Q2 24	4M	+0.0%
Q3 24	4M	+0.0%
Q4 24	4M	+0.4%
Q1 25	13M	+232.9%
Q2 25	78M	+487.8%
Q3 25	78M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 13	$268K	89
FY 14	$267K	83
FY 15	$266K	95
FY 16	$286K	94
FY 17	$336K	102
FY 18	$355K	118
FY 19	$351K	131
FY 20	$325K	122
FY 21	$286K	128
FY 22	$364K	130
FY 23	$553K	117
FY 24	$469K	129