Patriot National Bancorp Second Quarter 2024 Earnings: US$0.77 loss per share (vs US$0.15 loss in 2Q 2023)

[email protected] (Simply Wall St)
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Patriot National Bancorp (NASDAQ:PNBK) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$3.99m (down 45% from 2Q 2023).

  • Net loss: US$3.08m (loss widened by 401% from 2Q 2023).

  • US$0.77 loss per share (further deteriorated from US$0.15 loss in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

Patriot National Bancorp shares are up 1.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Patriot National Bancorp 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.

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