Deep-Dive Due Diligence AI Generated Report on Patriot National Bancorp Inc (PNBK)

Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.

These reports are generated using OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.

Disclaimer: This report is for informational purposes only. It does not constitute financial advice. Always do your own research before making any investment.


PNBK_OUT_1 [2025-03-21 08:01:09 -0400] 1825 Bytes | 506 tokens | Cum: 506 tkns (6.33% of 8k)
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We are in the 'Lightning Round' baby! It's 8:01:07 AM on Fri Mar 21, 2025 -0400, and I'm firing up the spotlight on Patriot National Bancorp (PNBK), moving from 1.06 to 1.39. Is this a can’t-miss rocket or a one-hit wonder? Let’s dissect the numbers!

Here's the first list of news for Patriot National Bancorp:

C1 - Mar-20-25 05:13PM - Patriot National Bancorp announces over $50M private placement, departure of CEO David Lowery
C2 - Mar-20-25 05:13PM 05:00PM - Patriot National Bancorp Announces Over $50 Million Private Placement
C3 - Feb-24-25 11:37AM - Patriot warns of quarterly loss, progresses on capital raise
C4 - Jan-22-25 07:13AM - Patriot Bank, OCC ink deal over troubled condition
C5 - Jan-03-25 07:55AM - Patriot National taps new president to help in capital raise
C6 - Oct-10-24 09:04PM - Siguler Guff Advisers, LLC Adjusts Stake in Patriot National Bancorp Inc
C7 - Jun-25-24 06:53AM - PNBK Stock Earnings: Patriot Ntl Bancorp Reported Results for Q1 2024
C8 - Aug-11-23 06:00PM - Patriot Reports Second Quarter Results

ONLY 3 RULES for AI:
==============
1) I am a document retrieval system. You are the analyst-investigator.
2) You can request items from my lists to get more info on Patriot National Bancorp (PNBK)
3) AFTER requesting and reading News and SEC filings you'll write a summary, set a score, high price target and headline.
Now, your response should be only 2 or 3 chars. You can say ex., C1, C2, etc., or NEX
The NEX command delivers the NEXt list of News/SEC/Metrics
There are several more lists that use our unified document retrieval system in subsequent prompts.
Your predictons will be compared to reality to rate your accuracy. Try to predict accurately. GOOD LUCK!
Please request a document, read, summarize and score. Say something like "C1".

PNBK_IN_2 [2025-03-21 08:01:09 -0400] 2 Bytes | 2 tokens | Cum: 508 tkns (6.35% of 8k)
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C1

PNBK_OUT_3 [2025-03-21 08:01:13 -0400] 512 Bytes | 153 tokens | Cum: 661 tkns (8.26% of 8k)
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Showing C1 (chunk 1 of 1): C1:
**Patriot National Bancorp announces over $50M private placement, departure of CEO David Lowery**
Date: Mar-20-25 05:13PM
Source: (SeekingAlpha)
URL: https://seekingalpha.com/news/4423207-patriot-national-bancorp-announces-over-50m-private-placement-departure-of-ceo-david-lowery?utm_source=finviz.com&utm_medium=referral&feed_item_type=news

No article content found.

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

PNBK_IN_4 [2025-03-21 08:01:13 -0400] 245 Bytes | 51 tokens | Cum: 712 tkns (8.90% of 8k)
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Patriot National Bancorp has announced a private placement of over $50 million. Additionally, the company's CEO, David Lowery, is set to depart. Further details about the private placement or the reason for Lowery's departure were not disclosed.

PNBK_OUT_5 [2025-03-21 08:01:15 -0400] 914 Bytes | 261 tokens | Cum: 973 tkns (12.16% of 8k)
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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

A1 - 2025-03-21T10:21:07Z - Why Ouster Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket - AuthID (NAS...
A2 - 2025-03-21T09:48:39Z - US Stocks Likely To Open Lower, But 'Economic Conditions Don't Signal A Downturn,' Say Analysts As T...
A3 - 2025-03-21T04:40:42Z - Patriot National announces $50M+ private placement...
A4 - 2025-03-20T22:00:17Z - Patriot National announces departure of CEO David Lowery...
A5 - 2025-03-20T21:24:36Z - Patriot National Bancorp Announces Over $50 Million Private Placement...

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

PNBK_IN_6 [2025-03-21 08:01:15 -0400] 2 Bytes | 2 tokens | Cum: 975 tkns (12.19% of 8k)
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A1

PNBK_OUT_7 [2025-03-21 08:01:17 -0400] 1038 Bytes | 282 tokens | Cum: 1257 tkns (15.71% of 8k)
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Showing A1 (chunk 1 of 6): A1:
**Why Ouster Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket - AuthID (NASDAQ:AUID), Allurion Technologies (NYSE:ALUR)**Date: 2025-03-21Source: {'uri': 'benzinga.com', 'dataType': 'news', 'title': 'Benzinga'}URL: https://www.benzinga.com/25/03/44432699/why-ouster-shares-are-trading-higher-by-around-8-here-are-20-stocks-moving-premarketShares of Ouster, Inc. OUST rose sharply in today's pre-market trading after the company reported better-than-expected fourth-quarter financial results.

Ouster reported quarterly losses of 48 cents per share which beat the analyst consensus estimate of 59 cents per share. The company reported quarterly sales of $30.092 million which beat the analyst consensus estimate of $30.000 million.

Ouster shares jumped 7.5% to $9.01 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers I

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

PNBK_IN_8 [2025-03-21 08:01:17 -0400] 3 Bytes | 2 tokens | Cum: 1259 tkns (15.74% of 8k)
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NEX

PNBK_OUT_9 [2025-03-21 08:01:19 -0400] 857 Bytes | 276 tokens | Cum: 1535 tkns (19.19% of 8k)
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This is our final list of news.
News AI can literally read just by asking.
Don't miss the breaking news!

B1 - 2023-08-11T22:00:00Z - Patriot Reports Second Quarter Results
B2 - 2023-07-21T18:45:00Z - Patriot Bank Announces Appointment of Grace Doherty to the Board of Directors
B3 - 2023-05-12T22:00:00Z - Patriot Reports Break Even First Quarter
B4 - 2023-03-29T17:18:00Z - Patriot Bank Announces Promotion of Chief Lending Officer to President & CEO
B5 - 2023-03-07T13:30:00Z - Patriot Reports Fourth Quarter 2022 Net Income of $1.8 million, $0.45 per share; Full Year Net Income of $6.2 million, $1.56 per share
B6 - 2022-12-31T15:55:00Z - Bank-Fintech Deals Did Not Have a Good Year in 2022

Request an article by its reference number. (Ex., "B1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

PNBK_IN_10 [2025-03-21 08:01:19 -0400] 2 Bytes | 2 tokens | Cum: 1537 tkns (19.21% of 8k)
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B1

PNBK_OUT_11 [2025-03-21 08:01:21 -0400] 450 Bytes | 127 tokens | Cum: 1664 tkns (20.80% of 8k)
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Showing B1 (chunk 1 of 1): B1:
**Patriot Reports Second Quarter Results**Date: Unknown DateSource: Unknown SourceURL: https://www.globenewswire.com/news-release/2023/08/11/2723914/31179/en/Patriot-Reports-Second-Quarter-Results.htmlIncreases Loan Balances, Credit Reserves & Liquidity Increases Loan Balances, Credit Reserves & Liquidity

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

PNBK_IN_12 [2025-03-21 08:01:21 -0400] 160 Bytes | 29 tokens | Cum: 1693 tkns (21.16% of 8k)
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Unfortunately, there isn't enough information in the given text to provide a financial analysis. Please provide more details or the next section of the article.

PNBK_OUT_13 [2025-03-21 08:01:23 -0400] 1135 Bytes | 294 tokens | Cum: 1987 tkns (24.84% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2025-03-20 8-K Item 1.01. Entry into a Material Definitive Agrmt.

Securities Purchase Agrmts

On March 20, 2025, Patriot National Bancorp, Inc. (the Company) entered into (i) securities purchase agreements (the Co-Lead Investors Agrmts) with its President and director, Steven Sug...

S3 - 2025-03-05 8-K Item 7.01 Regulation FD Disclosure.

The Company requested and received from the Nasdaq Listing Qualifications Department an exception from the Nasdaq shareholder approval rules pursuant to the financial viability exception set forth in Nasdaq Listing Rule 5635(f). A notice to s...

S4 - 2025-02-21 8-K Item 1.01 Entry into a Material Definitive Agrmt.

Effective as of February 14, 2025, Patriot National Bancorp, Inc., a Connecticut corporation (the Company), amended its 8.5% Senior Notes Due 2026 (the Notes) to extend the grace period for the interest payment due January 1...

Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

PNBK_IN_14 [2025-03-21 08:01:23 -0400] 2 Bytes | 2 tokens | Cum: 1989 tkns (24.86% of 8k)
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S3

PNBK_OUT_15 [2025-03-21 08:01:26 -0400] 1038 Bytes | 231 tokens | Cum: 2220 tkns (27.75% of 8k)
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Showing S3 (chunk 1 of 2): S3:
Item 7.01 Regulation FD Disclosure.

The Company requested and received from the Nasdaq Listing Qualifications Department an exception from the Nasdaq shareholder approval rules pursuant to the financial viability exception set forth in Nasdaq Listing Rule 5635(f). A notice to shareholders regarding such reliance on the financial viability exception will be mailed to shareholders in accordance with Nasdaq Listing Rules. A copy of such notice is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

The information contained in this Item 7.01 of the Current Report on Form 8-K, including Exhibit 99.1 , is being furnished and shall not be deemed filed for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filin

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

PNBK_IN_16 [2025-03-21 08:01:26 -0400] 3 Bytes | 2 tokens | Cum: 2222 tkns (27.77% of 8k)
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MOR

PNBK_OUT_17 [2025-03-21 08:01:29 -0400] 243 Bytes | 65 tokens | Cum: 2287 tkns (28.59% of 8k)
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Showing S3 (chunk 2 of 2): g under the Securities Act or the Exchange Act, except as otherwise expressly stated in such filing....

-- More of this article? (say: MOR) or Next section? (say: NEX) (only 3 chars. - please don't summarize yet)

PNBK_IN_18 [2025-03-21 08:01:29 -0400] 190 Bytes | 36 tokens | Cum: 2323 tkns (29.04% of 8k)
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As a financial analyst, I can't summarize this piece of text as it's too short and doesn't provide sufficient information to analyze or summarize. Please provide more information or context.

PNBK_OUT_19 [2025-03-21 08:01:45 -0400] 4238 Bytes | 1234 tokens | Cum: 3557 tkns (44.46% of 8k)
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This is our set of metrics.
Please analyze the numbers.

+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+
| Volume: 2,866,286 | SMA50: -25.31% | Market Cap: 4.21M | Option/Short: No / No | Sales past 5Y: 11.14% | Sales Surprise: - |
+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+
| Avg Volume: 1.06M | SMA200: -39.75% | Shs Outstand: 3.98M | Short Float: 15.43% | Employees: 117 | EPS Surprise: - |
+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+
| Rel Volume: 0.04 | Perf Week: -0.47% | Shs Float: 2.15M | Short Ratio: 0.31 | Debt/Eq: 7.56 | P/E: - |
+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+
| RSI (14): 41.19 | Perf Month: -16.54% | Inst Own: 11.51% | Short Interest: 0.33M | Sales Y/Y TTM: 3.86% | Earnings: - |
+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+
| ATR (14): 0.12 | Perf Quarter: -54.89% | Insider Own: 45.99% | Beta: 0.11 | ROE: -104.43% | |
+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+
| SMA20: -1.82% | Index: - | Insider Trans: 0.00% | Sales Q/Q: -8.07% | ROI: -20.98% | |
+-------------------+-----------------------+----------------------+-----------------------+-----------------------+-------------------+

The next section covers any insider trading.
If this section may be blank due to no recent filings.

No transactions recorded.

[Company Financial Summary]
[Company Details]
Name: Patriot National Bancorp Inc
Market Cap: 4214637.38
Shares Outstanding: 3976073
Sector: NATIONAL COMMERCIAL BANKS

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 54964000.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -29429000.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 1.06
Average Volume: 214077.27
30-Day High: 1.27
30-Day Low: 1

[Detailed Financials: Q3 2024]
- Total Assets: $974,083,000.0
- Total Liabilities: $957,697,000.0
- Total Equity: $16,386,000.0
- Current Assets: $974,083,000.0
- Current Liabilities: $957,697,000.0

[Income Statement: Q3 2024]
- Revenue: $12,814,000.00
- Net Income: $-26,954,000.0
- Operating Income: $-2,308,000.0
- Earnings Per Share (EPS): -6.78

[Cash Flow Statement: Q3 2024]
- Net Cash Flow: $-20,880,000.0

[Detailed Financials: Q2 2024]
- Total Assets: $1,039,012,000.0
- Total Liabilities: $998,485,000.0
- Total Equity: $40,527,000.0
- Current Assets: $1,039,012,000.0
- Current Liabilities: $-40,527,000.0

[Income Statement: Q2 2024]
- Revenue: $13,217,000.00
- Net Income: $-3,081,000.0
- Operating Income: $-4,005,000.0
- Earnings Per Share (EPS): -0.77

[Cash Flow Statement: Q2 2024]
- Net Cash Flow: $877,000
==== END OF FINANCIAL REPORT ====

You are now requested to make a summary analysis.
Save explaining why you didn't have enough information for the final survey.

Now, complete this report with the following:

1) Brief Summary: explain your findings in succinct wording.
2) MARKET_SCORE: If you calculate a 92% likelihood of an upward moves, say: MARKET_SCORE[92]
3) PRICE_TARGET: If you think the high today will be 50% higher, add to the price.
Eg., If the current price is $5.00, add 50%. Thus, PRICE_TARGET[$7.50] -- It should be at or above the current price.
4) Provide a thought-provoking take, 6-10 words, to use for the headline of this news story.
Like this: AI_RPT_HEADLINE: [6-12 words headline for news story, distilled from summary]

1) Brief Summary, 2) MARKET_SCORE, 3) PRICE_TARGET, and 4) AI_RPT_HEADLINE

PNBK_IN_20 [2025-03-21 08:01:45 -0400] 1253 Bytes | 304 tokens | Cum: 3861 tkns (48.26% of 8k)
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1) Brief Summary: Patriot National Bancorp Inc appears to be in a precarious financial situation. Its sales have grown at a rate of 11.14% over the past five years, but the recent quarter shows a decline of -8.07%. Furthermore, the short interest is high at 15.43%, and the debt to equity ratio is also quite high at 7.56. This indicates that the company is heavily leveraged, which could be dangerous if the company fails to generate enough revenue to service its debt. The company's net income has also been negative for both the Q2 2024 and Q3 2024 quarters, and the EPS for Q3 2024 is extremely low at -6.78. The market cap is also quite small at 4.21M.

2) MARKET_SCORE: Given the above factors, the likelihood of upward moves seems to be quite low at this time. Considering the negative net income, high debt levels, and declining sales, I would calculate a MARKET_SCORE of 20%.

3) PRICE_TARGET: With the current price at $1.06 and considering the financial health of the company, it's hard to justify a significant price increase. A more realistic, yet still optimistic, price target would be a 10% increase. Thus, the PRICE_TARGET is $1.17.

4) AI_RPT_HEADLINE: "Patriot National Bancorp Faces Downhill Battle Amid High Debt and Sliding Sales"

PNBK_OUT_21 [2025-03-21 08:01:47 -0400] 676 Bytes | 167 tokens | Cum: 4028 tkns (50.35% of 8k)
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Finally, if more data could have improved your confidence which would you have chosen? **Choose one option:**
-> X0 <- Nothing more would have helped my analysis
-> X1 <- More stock-specific news
-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
-> X3 <- More SEC Insider Trading (Form 3, 4, 5) Direct buys/sells from executives and institutions
-> X4 <- Broader sector & market news
-> X5 <- Your past analysis on similar companies (specify metrics)
-> X6 <- More financial metrics
-> X7 <- Your past analysis on this exact company
-> X8 <- Something altogether different (explain...)

PNBK_IN_22 [2025-03-21 08:01:47 -0400] 94 Bytes | 28 tokens | Cum: 4056 tkns (50.70% of 8k)
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-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes

PNBK_IN_23 [2025-03-21 08:01:48 -0400] 126 Bytes | 29 tokens | Cum: 4085 tkns (51.06% of 8k)
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====================================
[2025-03-21 05:01:48] # Analysis Completed
Elapsed Time: 41.38 seconds




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