Patriot National Bancorp Third Quarter 2023 Earnings: US$0.95 loss per share (vs US$0.59 profit in 3Q 2022)

Simply Wall St

November 16, 2023

Patriot National Bancorp (NASDAQ:PNBK) Third Quarter 2023 Results

Key Financial Results

Revenue: US$3.01m (down 69% from 3Q 2022).
Net loss: US$3.77m (down by 262% from US$2.33m profit in 3Q 2022).
US$0.95 loss per share (down from US$0.59 profit in 3Q 2022).

earnings-and-revenue-history — NasdaqGM:PNBK Earnings and Revenue History November 16th 2023

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

Patriot National Bancorp shares are down 5.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Patriot National Bancorp has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.