Patriot National Bancorp (PNBK) Financials

Patriot National Bancorp Inc (PNBK) is a financial institution that provides banking services to individuals, small businesses, and commercial clients. The company's income statement reflects its financial performance over a specific period of time. It shows the revenue generated, expenses incurred, and the resulting net income from stockholders. In the case of PNBK, the income statement reveals the company's total revenue, gross profit, and net income from stockholders. These figures are important indicators of the company's profitability and financial health. Additionally, the income statement also provides insights into the company's Earnings Before Interest and Taxes (EBIT) and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). These metrics help evaluate the company's operational performance and efficiency. PNBK's EBIT represents its operating income before accounting for interest and taxes, while EBITDA further adjusts for depreciation and amortization expenses.

Moving beyond the income statement, PNBK's balance sheet provides a snapshot of the company's financial position at a specific point in time. It includes information about the company's assets, liabilities, and stockholders' equity. The total assets indicate the value of the company's investments, properties, and cash equivalents. On the other hand, total liabilities represent the company's outstanding debts and obligations. Stockholders' equity shows the residual interest in the assets of the company after deducting liabilities. Moreover, the balance sheet also reveals important financial metrics like net debt, which indicates the company's level of debt after subtracting its cash equivalents. This metric helps assess PNBK's ability to manage its debt obligations. Additionally, the financing cash flow, investing cash flow, and operating cash flow sections of the company's cash flow statement provide insights into how PNBK manages its cash and cash equivalents. These sections show the cash inflows and outflows related to financing activities, investing activities, and operating activities, respectively. By analyzing these sections, investors can understand how the company generates and uses its cash. Lastly, free cash flow is an important metric that indicates the amount of cash a company has remaining after covering its operating expenses and capital investments. It helps assess a company's financial flexibility and its ability to invest in growth opportunities. Overall, examining PNBK's financial statements provides valuable information about the company's financial performance, stability, and cash flow management.