PNBK Q1 2024 Earnings — Patriot National Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

PNBKPatriot National Bancorp, Inc.

$144M

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$16M+12.5% YoY

Gross Profit

$7M43.0% margin

Operating Income

-$233,000-1.4% margin

Net Income

-$299,000-1.8% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-10.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$24,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.0B

Stockholders' Equity

$44M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$14M	+12.5%
Gross Profit	$7M	$7M	+6.2%
Operating Income	-$233,000	-$956,000	+75.6%
Net Income	-$299,000	-$699,000	+57.2%