PNBK Q1 2023 Earnings — Patriot National Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

PNBKPatriot National Bancorp, Inc.

$144M

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$14M+59.8% YoY

Gross Profit

$7M45.6% margin

Operating Income

-$956,000-6.6% margin

Net Income

-$699,000-4.8% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

-$212,000

Free Cash Flow

-$310,000

Stock-Based Comp.

$23,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.0B

Stockholders' Equity

$55M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$9M	+59.8%
Gross Profit	$7M	$7M	-11.5%
Operating Income	-$956,000	$1M	-186.0%
Net Income	-$699,000	$800,000	-187.4%