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Upturn AI Summary - About
Patriot National Bancorp Inc(PNBK)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PNBK
11/09/2026: PNBK (1-star) is currently NOT-A-BUY. Pass it for now.
Patriot National Bancorp is a micro-cap regional bank holding company providing community banking services in the New York-Connecticut area. Its primary strengths are a localized relationship-based lending model and a growing fee-based income stream from digital payment partnerships. The primary investment story rests on whether management can stabilize its balance sheet and generate consistent profitability despite regional economic pressures. Key risks include intense deposit competition, concentration in commercial real estate, and ongoing earnings volatility. The stock may best suit speculative investors who understand the risks of micro-cap regional banks, as investors should monitor progress in loan quality and the sustainability of its digital fee initiatives.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company's lack of consistent earnings growth makes it a poor fit for traditional growth strategies. |
| Momentum investor | Weak fit | The stock has demonstrated significant volatility and downward pressure, failing to show positive momentum signals. |
| Value investor | Mixed fit | Trading near tangible book value, it may interest deep-value investors, though the underlying earnings quality remains a significant concern. |
| Dividend investor | Weak fit | The company does not currently provide a dividend yield, making it unsuitable for income-focused portfolios. |
| Low-risk investor | Weak fit | High volatility and recent financial losses make this an unsuitable choice for risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock's limited liquidity and micro-cap status lead to sharp price swings. |
| Valuation risk | Medium | While trading close to book value, the lack of consistent profitability creates uncertainty around long-term valuation. |
| Competition risk (Regional Banking) | High | The intense competition for deposits and loans from larger, better-capitalized regional banks limits pricing power. |
| Business quality | Medium | The bank is in a transition phase, needing to prove it can generate sustainable, recurring profits. |
| Dividend income | Low / none | Investors should expect no income return from this stock given the current absence of a dividend. |
| Execution risk | Medium / high | Management must successfully integrate new strategies while maintaining credit quality in a difficult economic environment. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 16.52% | Avg. Invested days 19 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 105.86M USD | Price to earnings Ratio - | 1Y Target Price 24 |
Price to earnings Ratio - | 1Y Target Price 24 | ||
Volume (30-day avg) 115.6K shares | Beta -0.53 | 52 Weeks Range 0.80 - 2.00 | Updated Date 11/08/2026 |
52 Weeks Range 0.80 - 2.00 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.05 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Commercial & Retail Lending | Interest income from commercial real estate, business, and residential loans. | The bank earns most of its money from the interest charged on various loans to businesses and individuals. |
| Digital Payment Sponsorships | Fees earned from partnering with third-party payment processors. | Provides stable fee-based income by acting as the bank behind digital payment programs. |
| Geography: Northeast US | Operations concentrated in CT and NY. | Performance is highly dependent on the economic health and real estate market of the NY-CT metropolitan area. |
Valuation
Trailing PE - | Forward PE 23.75 | Enterprise Value 4.39M | Price to Sales(TTM) 2.68 |
Enterprise Value 4.39M | Price to Sales(TTM) 2.68 | ||
Enterprise Value to Revenue 3.17 | Enterprise Value to EBITDA - | Shares Outstanding 118.74M | Shares Floating 62.83M |
Shares Outstanding 118.74M | Shares Floating 62.83M | ||
Percent Insiders 33.08 | Percent Institutions 14.81 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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