Patriot National Bancorp Inc. (NASDAQ:PNBK) issued its quarterly earnings results on Monday, July 31st. The bank reported $0.21 EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $6.66 million during the quarter. Patriot National Bancorp had a net margin of 14.87% and a return on equity of 6.89%.
Shares of Patriot National Bancorp (NASDAQ PNBK) traded up 0.0000% during midday trading on Friday, reaching $17.0001. 34 shares of the company traded hands. The stock’s 50-day moving average is $16.68 and its 200-day moving average is $15.61. Patriot National Bancorp has a 1-year low of $13.00 and a 1-year high of $17.50. The stock has a market capitalization of $65.65 million, a P/E ratio of 15.1787 and a beta of 0.23.
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Monday, July 24th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend was Thursday, July 20th. Patriot National Bancorp’s payout ratio is presently 3.54%.
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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