Patriot National Bancorp Inc (PNBK) - Net Assets
Based on the latest financial reports, Patriot National Bancorp Inc (PNBK) has net assets worth $94.68 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.09 Billion) and total liabilities ($993.16 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PNBK financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $94.68 Million |
| % of Total Assets | 8.7% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | 40.59% |
| 10-Year Change | 51.32% |
| Growth Volatility | 375.1 |
Patriot National Bancorp Inc - Net Assets Trend (1994–2025)
This chart illustrates how Patriot National Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore Patriot National Bancorp Inc (PNBK) total assets for the complete picture of this company's asset base.
Annual Net Assets for Patriot National Bancorp Inc (1994–2025)
The table below shows the annual net assets of Patriot National Bancorp Inc from 1994 to 2025. For live valuation and market cap data, see Patriot National Bancorp Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $94.68 Million | +2119.93% |
| 2024-12-31 | $4.26 Million | -90.39% |
| 2023-12-31 | $44.38 Million | -25.51% |
| 2022-12-31 | $59.58 Million | -11.52% |
| 2021-12-31 | $67.34 Million | +6.52% |
| 2020-12-31 | $63.22 Million | -5.63% |
| 2019-12-31 | $66.99 Million | -3.38% |
| 2018-12-31 | $69.34 Million | +3.88% |
| 2017-12-31 | $66.75 Million | +6.68% |
| 2016-12-31 | $62.57 Million | +1.80% |
| 2015-12-31 | $61.46 Million | +4.65% |
| 2014-12-31 | $58.73 Million | +40.38% |
| 2013-12-31 | $41.84 Million | -15.59% |
| 2012-12-31 | $49.57 Million | -1.94% |
| 2011-12-31 | $50.55 Million | -24.75% |
| 2010-12-31 | $67.17 Million | +87.31% |
| 2009-12-31 | $35.86 Million | -38.98% |
| 2008-12-31 | $58.77 Million | -12.06% |
| 2007-12-31 | $66.84 Million | +3.97% |
| 2006-12-31 | $64.28 Million | +104.89% |
| 2005-12-31 | $31.37 Million | +58.81% |
| 2004-12-31 | $19.76 Million | +5.20% |
| 2003-12-31 | $18.78 Million | +1.27% |
| 2002-12-31 | $18.54 Million | +6.54% |
| 2001-12-31 | $17.41 Million | +5.96% |
| 2000-12-31 | $16.43 Million | +24.11% |
| 1999-12-31 | $13.24 Million | +9.39% |
| 1998-12-31 | $12.10 Million | +120.00% |
| 1997-12-31 | $5.50 Million | +7.84% |
| 1996-12-31 | $5.10 Million | +6.25% |
| 1995-12-31 | $4.80 Million | -12.73% |
| 1994-12-31 | $5.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Patriot National Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9811900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.15 Million | 1.22% |
| Other Comprehensive Income | $-12.12 Million | -12.80% |
| Other Components | $205.27 Million | 216.80% |
| Total Equity | $94.68 Million | 100.00% |
Patriot National Bancorp Inc Competitors by Market Cap
The table below lists competitors of Patriot National Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Resources Connection Inc
F:RCO
|
$138.19 Million |
|
SPRINGFIELD PROP. LS-125
F:9MZ
|
$138.21 Million |
|
Jeil Pharmaceutical Co Ltd
KO:271980
|
$138.25 Million |
|
P.C.S. Machine Group Holding Public Company Limited
BK:PCSGH
|
$138.30 Million |
|
TTK Healthcare Limited
NSE:TTKHLTCARE
|
$138.16 Million |
|
Shree Pushkar Chemicals & Fertilisers Limited
NSE:SHREEPUSHK
|
$138.14 Million |
|
Genesis Technology
TWO:6221
|
$138.10 Million |
|
Bapcor Ltd
AU:BAP
|
$138.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Patriot National Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,265,000 to 94,680,000, a change of 90,415,000 (2119.9%).
- Net loss of 12,710,000 reduced equity.
- New share issuances of 91,022,000 increased equity.
- Other comprehensive income increased equity by 3,562,000.
- Other factors increased equity by 8,541,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.71 Million | -13.42% |
| Share Issuances | $91.02 Million | +96.14% |
| Other Comprehensive Income | $3.56 Million | +3.76% |
| Other Changes | $8.54 Million | +9.02% |
| Total Change | $- | 2119.93% |
Book Value vs Market Value Analysis
This analysis compares Patriot National Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.03x to 0.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $44.37 | $1.18 | x |
| 1995-12-31 | $41.14 | $1.18 | x |
| 1996-12-31 | $40.80 | $1.18 | x |
| 1997-12-31 | $45.83 | $1.18 | x |
| 1998-12-31 | $93.78 | $1.18 | x |
| 1999-12-31 | $60.74 | $1.18 | x |
| 2000-12-31 | $70.66 | $1.18 | x |
| 2001-12-31 | $71.50 | $1.18 | x |
| 2002-12-31 | $75.80 | $1.18 | x |
| 2003-12-31 | $77.04 | $1.18 | x |
| 2004-12-31 | $78.91 | $1.18 | x |
| 2005-12-31 | $113.75 | $1.18 | x |
| 2006-12-31 | $175.67 | $1.18 | x |
| 2007-12-31 | $139.96 | $1.18 | x |
| 2008-12-31 | $123.76 | $1.18 | x |
| 2009-12-31 | $75.44 | $1.18 | x |
| 2010-12-31 | $56.69 | $1.18 | x |
| 2011-12-31 | $13.18 | $1.18 | x |
| 2012-12-31 | $12.91 | $1.18 | x |
| 2013-12-31 | $11.00 | $1.18 | x |
| 2014-12-31 | $15.15 | $1.18 | x |
| 2015-12-31 | $15.66 | $1.18 | x |
| 2016-12-31 | $15.83 | $1.18 | x |
| 2017-12-31 | $17.06 | $1.18 | x |
| 2018-12-31 | $17.71 | $1.18 | x |
| 2019-12-31 | $17.08 | $1.18 | x |
| 2020-12-31 | $16.07 | $1.18 | x |
| 2021-12-31 | $17.04 | $1.18 | x |
| 2022-12-31 | $15.04 | $1.18 | x |
| 2023-12-31 | $11.19 | $1.18 | x |
| 2024-12-31 | $1.07 | $1.18 | x |
| 2025-12-31 | $1.21 | $1.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Patriot National Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.85%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 11.49x
- Recent ROE (-13.42%) is above the historical average (-32.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -27.27% | -750.00% | 0.01x | 4.18x | $-2.05 Million |
| 1995 | -14.58% | -25.93% | 0.06x | 9.02x | $-1.18 Million |
| 1996 | 5.88% | 7.14% | 0.08x | 10.51x | $-210.00K |
| 1997 | 5.45% | 5.66% | 0.07x | 13.65x | $-250.00K |
| 1998 | 4.96% | 8.36% | 0.07x | 8.45x | $-610.00K |
| 1999 | 2.63% | 3.18% | 0.06x | 13.39x | $-974.97K |
| 2000 | 4.67% | 4.41% | 0.09x | 12.03x | $-875.57K |
| 2001 | 5.03% | 5.09% | 0.09x | 11.64x | $-864.21K |
| 2002 | 5.67% | 6.29% | 0.07x | 13.40x | $-802.49K |
| 2003 | 7.14% | 6.69% | 0.06x | 18.24x | $-537.27K |
| 2004 | 4.69% | 4.33% | 0.05x | 20.50x | $-1.05 Million |
| 2005 | 4.48% | 4.96% | 0.06x | 15.00x | $-1.73 Million |
| 2006 | 3.76% | 5.98% | 0.06x | 10.05x | $-4.01 Million |
| 2007 | 4.01% | 4.95% | 0.07x | 12.08x | $-4.01 Million |
| 2008 | -12.10% | -12.10% | 0.06x | 15.54x | $-12.99 Million |
| 2009 | -66.59% | -52.01% | 0.05x | 24.16x | $-27.47 Million |
| 2010 | -22.92% | -40.89% | 0.05x | 11.68x | $-22.12 Million |
| 2011 | -30.58% | -49.12% | 0.05x | 13.17x | $-20.51 Million |
| 2012 | -1.08% | -1.89% | 0.05x | 12.46x | $-5.49 Million |
| 2013 | -17.42% | -30.61% | 0.04x | 12.94x | $-11.47 Million |
| 2014 | 26.75% | 70.97% | 0.03x | 10.77x | $9.84 Million |
| 2015 | 3.49% | 8.49% | 0.04x | 10.63x | $-4.00 Million |
| 2016 | 3.08% | 7.17% | 0.04x | 12.09x | $-4.33 Million |
| 2017 | 6.21% | 12.12% | 0.04x | 12.77x | $-2.53 Million |
| 2018 | 4.61% | 7.63% | 0.04x | 13.73x | $-3.74 Million |
| 2019 | -4.20% | -6.13% | 0.05x | 14.63x | $-9.52 Million |
| 2020 | -6.04% | -9.62% | 0.05x | 13.93x | $-10.14 Million |
| 2021 | 7.56% | 13.90% | 0.04x | 14.08x | $-1.64 Million |
| 2022 | 10.34% | 13.00% | 0.05x | 17.51x | $202.70K |
| 2023 | -9.42% | -6.46% | 0.06x | 24.64x | $-8.62 Million |
| 2024 | -935.10% | -65.86% | 0.06x | 237.35x | $-40.31 Million |
| 2025 | -13.42% | -21.85% | 0.05x | 11.49x | $-22.18 Million |
Industry Comparison
This section compares Patriot National Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $470,330,700
- Average return on equity (ROE) among peers: 8.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Patriot National Bancorp Inc (PNBK) | $94.68 Million | -27.27% | 10.49x | $138.16 Million |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $80.66 Million | 12.52% | 9.24x | $5.70 Billion |
| ACNB Corporation (ACNB) | $48.65 Million | 13.92% | 8.70x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $369.13 Million | 3.17% | 9.59x | $647.19 Million |
| Amalgamated Bank (AMAL) | $439.37 Million | 10.16% | 9.66x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $938.80 Million | 5.58% | 9.41x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $353.54 Million | 13.80% | 10.23x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.25 Billion | 14.10% | 8.29x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $79.49 Million | 2.48% | 14.08x | $62.60 Million |
About Patriot National Bancorp Inc
Patriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, onl… Read more