|Bid||0.0500 x 100|
|Ask||21.0500 x 100|
|Day's Range||19.8000 - 19.8001|
|52 Week Range||16.3000 - 21.1500|
|PE Ratio (TTM)||20.84|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||0.04 (0.20%)|
|1y Target Est||24.00|
STAMFORD, Conn., Aug. 06, 2018-- Patriot National Bancorp, Inc., the parent company of Patriot Bank, N.A., today announced quarterly pre-tax earnings of $1.4 million and quarterly net income of $1.0 million, ...
Patriot National Bancorp, Inc. (PNBK), the parent company of Patriot Bank, N.A. (“Patriot”) announced today that it has completed the private placement of $10 million in fixed-to-floating rate subordinated notes due 2028 (the “Notes”). A material portion of the proceeds from the sale of the Notes will be down-streamed to Patriot as regulatory capital, which will be used for financing of its pending acquisition and for general corporate purposes. Patriot’s Chairman and CEO, Michael Carrazza, stated, “We are pleased to announce the completion of our $10 million subordinated debt offering to support our strategic growth plans and further strengthening of Patriot.” Patriot recently acquired Prime Bank of Orange, CT and, subject to requisite regulatory approvals, will complete its acquisition of Hana Small Business Lending, a leading SBA lending platform later in 2018.
Patriot National Bancorp Inc (NASDAQ:PNBK) is trading with a trailing P/E of 21.8x, which is higher than the industry average of 17.1x. While this makes PNBK appear like a stockRead More...
After reading Patriot National Bancorp Inc’s (NASDAQ:PNBK) most recent earnings announcement (31 December 2017), I found it useful to look back at how the company has performed in the pastRead More...
Hana Small Business Lending, Inc. , a wholly owned subsidiary of Hana Financial, Inc. , and Patriot National Bancorp, Inc. , the parent company of Patriot Bank, N.A.
Post-GFC recovery has led to improving credit quality and a strong growth environment for the banking sector. As a small-cap bank with a market capitalisation of USD $69.98M, Patriot NationalRead More...