PNBK Q2 2023 Earnings — Patriot National Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

PNBKPatriot National Bancorp, Inc.

$144M

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$16M+53.5% YoY

Gross Profit

$7M44.4% margin

Operating Income

-$846,000-5.3% margin

Net Income

-$615,000-3.8% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$23,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.1B

Stockholders' Equity

$52M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$10M	+53.5%
Gross Profit	$7M	$8M	-13.3%
Operating Income	-$846,000	$2M	-148.6%
Net Income	-$615,000	$1M	-148.6%