Is Patriot National Bancorp, Inc. (NASDAQ:PNBK) a buy in 2026?
Lean no. The Compass would trim Patriot National Bancorp, Inc. here, not add.
A sub-dollar community bank trading near book with negative earnings and a 52-week low that keeps making new lows isn't a value trade, it's a melting ice cube.
Where PNBK is headed
Patriot National Bancorp sits at $0.88 with a $111M market cap and a stock chart that has done nothing but bleed. Revenue is up 144% year-over-year, which sounds exciting until you look at why: it's coming off a base so damaged that any recovery looks heroic in percentage terms. The bank is still losing money at the operating line (-6.8% margin) and the net line (-16.6%), ROE is negative, and the forward P/E of 0.9 is the market screaming that it doesn't believe forward estimates will be anywhere close to reality. Community banks don't trade at 0.9x forward earnings when the earnings are real.
Read the full Compass Direction on PNBK
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $0.86).
See the full PNBK analysisGet calls like this, free
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Frequently asked questions
Is Patriot National Bancorp, Inc. (NASDAQ:PNBK) a buy in 2026?
Lean no. The Compass would trim Patriot National Bancorp, Inc. here, not add. A sub-dollar community bank trading near book with negative earnings and a 52-week low that keeps making new lows isn't a value trade, it's a melting ice cube.
What is PNBK's Compass Score?
Patriot National Bancorp, Inc. scores 74/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for PNBK?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the PNBK page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.