Contrasting Patriot National Bancorp (PNBK) and Its Peers

Patriot National Bancorp (NASDAQ:PNBK) is one of 919 publicly-traded companies in the “Banks” industry, but how does it contrast to its competitors? We will compare Patriot National Bancorp to related companies based on the strength of its dividends, analyst recommendations, valuation, risk, profitability, earnings and institutional ownership.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Patriot National Bancorp and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Patriot National Bancorp	1	0	0	0	1.00
Patriot National Bancorp Competitors	7482	30219	27793	1473	2.35

As a group, “Banks” companies have a potential upside of 16.79%. Given Patriot National Bancorp’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Patriot National Bancorp has less favorable growth aspects than its competitors.

Institutional and Insider Ownership

39.3% of Patriot National Bancorp shares are held by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are held by institutional investors. 12.8% of Patriot National Bancorp shares are held by company insiders. Comparatively, 9.7% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Patriot National Bancorp and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Patriot National Bancorp	-9.76%	-7.09%	-0.58%
Patriot National Bancorp Competitors	15.65%	9.44%	0.93%

Volatility & Risk

Patriot National Bancorp has a beta of -0.6, meaning that its share price is 160% less volatile than the S&P 500. Comparatively, Patriot National Bancorp’s competitors have a beta of 0.61, meaning that their average share price is 39% less volatile than the S&P 500.

Earnings & Valuation

This table compares Patriot National Bancorp and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Patriot National Bancorp	$58.36 million	-$12.71 million	-12.00
Patriot National Bancorp Competitors	$9.95 billion	$2.42 billion	21.06

Patriot National Bancorp’s competitors have higher revenue and earnings than Patriot National Bancorp. Patriot National Bancorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Patriot National Bancorp competitors beat Patriot National Bancorp on 11 of the 12 factors compared.

Patriot National Bancorp Company Profile

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, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service. Its loan portfolio comprises commercial real estate, commercial business, small business administration, construction, purchased residential real estate, and various consumer loans. The company also offers automated clearing house transfers, lockbox, internet banking, bill payment, remote deposit capture, debit card, money order, traveler's check, and automatic teller machine services. Patriot National Bancorp, Inc. was founded in 1994 and is headquartered in Stamford, Connecticut.