Brean Capital Reiterates “Buy” Rating for Patriot National Bancorp (NASDAQ:PNBK)

Brean Capital reissued their buy rating on shares of Patriot National Bancorp (NASDAQ:PNBK) in a research report report published on Thursday, April 5th.

Shares of PNBK stock traded up $0.40 during trading hours on Thursday, hitting $19.30. 1,300 shares of the company’s stock traded hands, compared to its average volume of 1,843. Patriot National Bancorp has a 12-month low of $14.60 and a 12-month high of $21.00. The firm has a market capitalization of $75.31, a price-to-earnings ratio of 15.95 and a beta of -0.12. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.17 and a current ratio of 1.17.

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Patriot National Bancorp (NASDAQ:PNBK) last released its earnings results on Friday, February 2nd. The bank reported $0.30 earnings per share (EPS) for the quarter. Patriot National Bancorp had a net margin of 12.09% and a return on equity of 7.23%. The firm had revenue of $7.43 million during the quarter.

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About Patriot National Bancorp

Patriot National Bancorp, Inc is a one-bank holding company for Patriot Bank, N.A. (the Bank), a national banking association. The Bank offers consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal (NOW) account, money market, time certificates of deposit, savings, Certificate of Deposit Account Registry Service (CDARS), individual retirement accounts (IRAs) and health savings accounts (HSAs).

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