Patriot National Bancorp Inc. (PNBK) Next Earnings Date & Expected ±12% Move

Per the Roarable RQD rating, PNBK scores 36 out of 100 with a letter grade of D- and a verdict label of "Roarable Sell — Vulnerable Balance Sheet & Flow." The five pillars are: Fundamental Cash Engine at 2/20 (ROIC -13.4%; FCF yield -14.31%), Whale 13F Flow at 13/20 (institutional accumulation and options positioning), Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 8/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet at 10/20 (Altman Z 2.5; Piotroski F 1/9; Debt/Equity 0.5).

For a prospective investor, the weakest pillars are the cash engine and insider conviction, both of which point to negative economics and limited insider confidence signals in the source data. The strongest relative pillar is institutional flow at 13/20, which indicates some positioning activity but does not by itself offset the weak cash generation. The forensic balance sheet score is mid-range: the Altman Z of 2.5 and Debt/Equity of 0.5 are not the only inputs, but the Piotroski F of 1/9 is a weak reading. Upside drivers would need to come from a reversal in cash generation, which the source data does not show. Valuation tradeoffs are hard to assess because P/E, forward P/E, and EV/EBITDA are not available in source data, so the stock's price of $0.84 cannot be benchmarked against earnings here. The Macro Regime Fit pillar reflects a beta of 1.0, meaning the stock is sensitive to broad market moves without a reported defensive offset.

Patriot National Bancorp Inc. (PNBK) is a NASDAQ-listed company classified in the Financials sector and the Major Banks industry, per the Profile section. The source data does not describe its specific products, customer base, or revenue model. Revenue is reported as $0.0M in each period in the SEC financials, so the source data does not establish how the company generates income. Not available in source data for further business detail.

Per the SEC financials, net income was negative in all three reported fiscal years, with FY 2025 at $-12.7M and FY 2024 at $-39.9M. Per the market data section, gross, operating, and net margins are each reported as 0%, and ROIC is -13.4%. The Altman Z-Score of 2.5 and Piotroski F-Score of 1/9 are cited in the Roarable RQD rating; the Altman Z-Score is shown without a stated zone classification in the source data. Debt/Equity is cited as 0.5. Cash and debt balances are not available in source data.

Per the recent news and catalysts section, the feed contains six items, all tied to PNBK:

• Insider Form 4 filings: Steven Sugarman (Director, President and CEO) appears in two items, one referencing 1 October and one referencing 14 October. Carlos P. Salas (Director, EVP & Chief Financial Officer) appears with a 28 October reference. William Paul Simmons (EVP & Chief Credit Officer) appears with a 28 October reference. These are rated YELLOW under "MARKET WIRE."
• Market action: One item reports the stock sliding 2.29% to $0.83 near lower support, rated RED under "RISK WATCH."
• A historical reference to a Q1 2019 earnings miss of roughly 70%, rated RED under "RISK WATCH." This item concerns a prior period and should be weighed accordingly.

Per the Butterfly Supply-Chain Graph, the supply chain is listed as "NONE," with no butterfly links and no proprietary signals.

• What are the company's core revenue sources, given that revenue is reported as $0.0M in every period?
• What are the cash and debt balances, which are listed as N/A across all reported periods?
• What is the basis for the Altman Z-Score zone and the Piotroski F-Score components?
• What drove the FY 2024 net loss of $-39.9M compared with the smaller losses in FY 2025 and FY 2023?
• What is the nature of the insider Form 4 filings and do they represent purchases, sales, or grants?