Patriot National Bancorp, Inc. (PNBK) Key Metrics
PNBK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $104.7M
- Enterprise value
- −$1.8M
- P/E (TTM)
- —
- Forward P/E
- 23.8
- PEG ratio
- —
- Price / sales
- 2.7
- Price / book
- 1.3
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.61
PNBK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPNBK returns How much profit the business earns on the capital it uses.
PNBK financial health Debt, liquidity and how easily interest is covered.
PNBK efficiency & capital use Working capital cycle and where the cash goes.
PNBK valuation history
PNBK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PNBK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PNBK cash returned to shareholders
PNBK price vs earnings per share
PNBK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $142.2M | — | — | — | — | — | — | — | — | — |
| Enterprise value | −$237.3M | — | — | — | — | — | — | — | — | — |
| Price / sales | 2.4 | — | — | — | — | — | — | — | — | — |
| Price / book | 1.5 | — | — | — | — | — | — | — | — | — |
| EV / sales | -4.1 | — | — | — | — | — | — | — | — | — |
| Earnings yield | −8.9% | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | −10.1% | — | — | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $1.82 | $1.94 | $3.83 | $10.60 | $15.55 | $9.94 | $12.76 | $14.25 | $17.85 | $14.05 |
| Per share | ||||||||||
| Revenue per share | $0.74 | — | — | — | — | — | — | — | — | — |
| Earnings per share | −$0.16 | — | — | — | — | — | — | — | — | — |
| Operating cash flow per share | −$0.18 | — | — | — | — | — | — | — | — | — |
| Free cash flow per share | −$0.18 | — | — | — | — | — | — | — | — | — |
| Cash per share | $5.07 | — | — | — | — | — | — | — | — | — |
| Book value per share | $1.21 | — | — | — | — | — | — | — | — | — |
| Tangible book value per share | $1.21 | — | — | — | — | — | — | — | — | — |
| Capex per share | $0.00 | — | — | — | — | — | — | — | — | — |
| Debt per share | $0.21 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 78.1M | — | — | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −25.7% | −164.0% | −8.0% | 9.7% | 7.8% | −5.9% | −4.1% | 4.7% | 6.4% | 3.1% |
| Return on invested capital (ROIC) | — | — | −4.0% | 12.5% | 6.8% | −3.1% | −2.9% | 2.8% | 3.5% | 2.0% |
| Return on assets (ROA) | −1.2% | −3.8% | −0.4% | 0.6% | 0.6% | −0.4% | −0.3% | 0.4% | 0.5% | 0.3% |
| Return on tangible assets | −1.2% | −3.9% | −0.4% | 0.6% | 0.5% | −0.4% | −0.3% | 0.3% | 0.5% | 0.3% |
| Free cash flow margin | −24.7% | 4.3% | −17.2% | 14.0% | 19.6% | 15.6% | −27.1% | 9.9% | 12.4% | 3.7% |
| Income quality (OCF / net income) | — | — | — | 1.14 | 1.49 | — | — | 1.65 | 1.76 | 2.34 |
| Financial health | ||||||||||
| Total debt | $16.4M | $33.1M | $201.1M | $115.2M | $120.7M | $120.8M | $130.9M | $131.0M | $141.4M | $159.5M |
| Cash & short-term investments | $396.0M | $167.4M | $73.2M | $123.0M | $141.4M | $83.9M | $87.7M | $105.9M | $74.3M | $116.7M |
| Net debt | −$379.5M | −$134.3M | $127.9M | −$7.8M | −$20.7M | $36.9M | $43.2M | $25.1M | $67.1M | $42.8M |
| Debt / equity | 0.17 | 7.75 | 4.53 | 1.93 | 1.79 | 1.91 | 1.95 | 1.89 | 2.12 | 2.55 |
| Debt / assets | 0.02 | 0.03 | 0.18 | 0.11 | 0.13 | 0.14 | 0.13 | 0.14 | 0.17 | 0.21 |
| Net debt / EBITDA | — | — | — | −0.85 | −3.11 | — | — | 4.46 | 8.09 | 9.84 |
| Current ratio | 0.44 | 0.18 | 0.10 | 0.15 | 0.19 | 0.13 | 0.12 | 0.15 | 0.12 | 0.22 |
| Quick ratio | 0.44 | 0.18 | 0.17 | −0.76 | 0.26 | 0.19 | 0.18 | 0.14 | −0.84 | −0.51 |
| Interest coverage | -0.4 | -0.5 | -0.2 | 0.7 | 0.7 | -0.3 | -0.2 | 0.3 | 1.0 | 1.0 |
| Working capital | −$544.2M | −$793.7M | −$759.9M | −$737.4M | −$612.1M | −$602.4M | −$686.9M | −$638.7M | −$563.3M | −$412.5M |
| Invested capital | −$284.8M | −$130.0M | $172.3M | $51.8M | $46.7M | $100.1M | $110.2M | $94.4M | $133.8M | $105.3M |
| Tangible asset value | $94.6M | $4.1M | $44.2M | $58.2M | $65.9M | $61.8M | $65.3M | $66.9M | $66.7M | $62.6M |
| Net current asset value | −$571.6M | −$835.2M | −$968.6M | −$853.5M | −$733.9M | −$727.0M | −$821.5M | −$772.7M | −$707.5M | −$574.6M |
| Graham net-net per share | −$7.60 | — | — | — | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | — | $950,000 | $48,000 | $1.4M | $798,000 | $3.0M | $155,000 | $154,000 | $77,000 | $716,000 |
| Share buybacks (net) | — | — | — | — | — | — | $0 | $0 | $2,000 | $1.0M |
| Dividend payout ratio | — | — | — | 23.5% | 15.7% | — | — | 4.8% | 1.9% | 37.1% |
| Dividends + buybacks / free cash flow | — | 36.1% | — | 21.8% | 11.1% | 48.6% | — | 3.7% | 1.9% | 174.0% |
| Capex / revenue | 0.3% | 0.1% | 0.6% | 0.9% | 1.2% | 0.2% | 1.2% | 2.7% | 8.9% | 13.1% |
| Capex / operating cash flow | — | 2.0% | — | 5.9% | 5.7% | 1.1% | — | 21.7% | 42.0% | 78.0% |
| Capex / depreciation | 0.15 | 0.04 | 0.30 | 0.28 | 0.26 | 0.04 | 0.33 | 0.74 | 2.41 | 2.92 |
| Stock-based compensation / revenue | 9.0% | 0.3% | 0.2% | 0.2% | 0.4% | 0.4% | 0.5% | 0.5% | 0.4% | 0.6% |
| SG&A / revenue | 39.5% | 30.7% | 28.0% | 33.8% | 31.7% | 37.9% | 34.1% | 32.0% | 36.8% | 41.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 32.5 | 38.3 | 40.9 | 50.4 | 62.0 | 47.0 | 29.3 | 31.6 | 33.2 | 32.1 |
| Days of inventory on hand | — | — | 3,528.6 | 10,677.1 | -2,659.4 | -1,015.3 | -334.2 | 8,242.6 | 30,113.8 | 23,357.1 |
| Days payables outstanding | — | — | — | 23,235.0 | 39,718.5 | 7,960.1 | 109.3 | 118.2 | 188.6 | 181.5 |
| Cash conversion cycle (days) | — | — | — | -12,507.5 | -42,315.9 | -8,928.4 | -414.3 | 8,156.0 | 29,958.4 | 23,207.7 |
| Receivables turnover | 11.23 | 9.53 | 8.93 | 7.24 | 5.89 | 7.77 | 12.48 | 11.54 | 11.00 | 11.36 |
| Payables turnover | — | — | — | 0.02 | 0.01 | 0.05 | 3.34 | 3.09 | 1.94 | 2.01 |
| Inventory turnover | — | — | — | 0.03 | — | — | — | 0.04 | 0.01 | 0.02 |
| Asset turnover | 0.06 | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Average receivables | $5.2M | $6.4M | $7.2M | $6.5M | $6.2M | $5.1M | $3.7M | $3.6M | $3.1M | $2.4M |
| Average payables | — | — | — | $804.5M | $717.1M | $347.2M | $6.9M | $4.4M | $3.2M | $2.7M |
| Average inventory | — | — | $366.3M | $369.7M | −$48.0M | −$44.3M | −$21.2M | $308.9M | $503.2M | $350.2M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.2% | 0.2% | 0.3% | 0.0% | 0.0% |
Computed from PNBK's annual financial statements (latest annual report filed March 31, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
PNBK valuation and financial ratios
Patriot National Bancorp earned a return on equity of −25.7% in fiscal 2025. It ended the year with $16.4 million of debt and $396.0 million in cash and short-term investments, a net cash position of $379.5 million.
See the PNBK income statement, the PNBK chart for price history, or the PNBK stock overview for the latest quote and news.
PNBK key metrics FAQ
What is Patriot National Bancorp's return on equity?
Patriot National Bancorp's return on equity (ROE) was −25.7% in fiscal 2025: net income of -$12.7 million on average shareholders' equity of $49.5 million.
How much debt does Patriot National Bancorp have?
Patriot National Bancorp had total debt of $16.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.17 and more cash than debt.
What is Patriot National Bancorp's free cash flow yield?
Patriot National Bancorp generated -$14.3 million of free cash flow in fiscal 2025, a free cash flow yield of −10.1% on its market value at year-end ($142.2 million).
What is Patriot National Bancorp's current ratio?
Patriot National Bancorp's current ratio was 0.44 at the end of fiscal 2025: current assets were 0.44 times current liabilities.