Patriot National Bancorp (PNBK)
Runs Patriot Bank for targeted commercial, private, and institutional banking clients.
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Owns Patriot Bank, a Stamford-based national bank with one Banking segment. Revenue comes from deposits, lending, treasury services, and institutional banking, with the strategy shifting toward entrepreneurs, high-net-worth clients, fintechs, program managers, and payment processors.
Operates as the holding company for Patriot Bank, a Stamford-based national bank with one Banking segment. The bank offers commercial and consumer deposits, treasury management, online and mobile banking, commercial real estate lending, business credit, private banking, and institutional banking for digital-payments partners.
The franchise remains concentrated in the United States, with branches in Connecticut and New York and relationship coverage that now reaches high-net-worth markets beyond the legacy Tri-State footprint. Management has narrowed legacy lending and is steering originations toward borrowers that also bring deposit relationships.
The business depends on bank regulation, deposit funding, credit discipline, and operational controls around sponsor-bank, ACH, card, and payments relationships. A formal OCC agreement shaped the restructuring and has since been terminated.
Company facts
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No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $242.9M · Total debt $16.5M · Total assets $1.32B · Shareholders' equity $88.9M
- Revenue
- $19.5M
- Operating income
- −$1.4M
- Net income
- $143.0K
No dividends on record.
| Institutions68 holders · as of Jun 30, 2026 | 14.61% | 17.35M shares | |
| Insiders11 holders · as of Jul 2, 2026 | 12.25% | 14.55M shares | |
| Otherremainder | 73.14% | 86.84M shares |
118.74M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Steven SugarmanInsiderdirector, officer: President and CEO | 9.57% | 11.36M | Form 4filed Jul 2, 2026 ↗ |
Vanguard Capital Management LLCInstitution | 3.66% | 4.35M | 13Fas of Jun 30, 2026 |
Angel Oak Capital Advisors, LLCInstitution | 2.24% | 2.66M | 13Fas of Jun 30, 2026 |
Ci Private Wealth, LLCInstitution | 1.62% | 1.92M | 13Fas of Jun 30, 2026 |
Carlos P. SalasInsiderdirector, officer: EVP & Chief Financial Officer | 1.30% | 1.54M | Form 4filed May 5, 2026 ↗ |
| See all 25 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 27, 2026 | Mario de Tomasi | director | +85,000 | $0.9600 |
| May 20, 2026 | Mario de Tomasi | director | +87,719 | $1.15 |
| Jul 17, 2025 | Anahit Magzanyan | director | +375 | $1.44 |
| Jul 24, 2025 | Anahit Magzanyan | director | +175 | $1.55 |
| Aug 19, 2025 | Anahit Magzanyan | director | +500 | $1.59 |
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Patriot National Bancorp | $1.06 | −1.85% | $125.8M | — | — | 1.9 | +44.4% |
| The Bancorp | $66.05 | −0.60% | $2.77B | 12.5 | 9.6 | 3.7 | −24.0% |
| Webster Financial | $77.57 | −0.51% | $12.57B | 12.6 | 11.6 | 2.9 | +3.4% |
| Pathward Financial | $81.81 | +1.83% | $1.73B | 10.3 | 8.7 | 2.2 | −3.1% |
| Coastal Financial | $48.52 | +2.86% | $739.9M | — | 10.0 | 0.9 | +54.6% |
| Customers Bancorp | $78.36 | −0.42% | $2.66B | 9.6 | 8.8 | 1.8 | +12.4% |
| Bankwell Financial Group | $65.62 | −0.39% | $525.3M | 12.3 | 11.6 | 2.4 | +26.3% |
| Valley National Bancorp | $13.66 | −1.12% | $7.65B | 11.5 | 9.8 | 2.6 | +13.3% |
| FirstSun Capital Bancorp | $40.01 | −0.44% | $1.88B | 24.3 | 9.4 | 3.2 | +74.4% |
| Median | 12.3 | 9.7 | 2.5 | +12.8% |