Patriot National Bancorp Full Year 2023 Earnings: US$1.05 loss per share (vs US$1.56 profit in FY 2022)

Patriot National Bancorp (NASDAQ:PNBK) Full Year 2023 Results

Key Financial Results

• Revenue: US$27.1m (down 23% from FY 2022).
• Net loss: US$4.18m (down by 168% from US$6.16m profit in FY 2022).
• US$1.05 loss per share (down from US$1.56 profit in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Patriot National Bancorp shares are up 9.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Patriot National Bancorp that you need to be mindful of.

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