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 [2025-04-01 06:21:23 -0400] 2098 Bytes | 605 tokens | Cum: 605 tkns (7.56% of 8k)
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We're scouting for winners today. Its 6:21:22 AM on Tue Apr 01, 2025 -0400 and I'm looking at Patriot National Bancorp (PNBK) up to 1.39 from 1.16
Help me investigate to see if its got potential or just another dud. So, I pulled together a bunch of data for you to look over real fast.
Here's the first list of news for Patriot National Bancorp:
C1 - Mar-24-25 08:18AM - Patriot National raises $50M, CEO exits
C2 - Mar-20-25 05:13PM - Patriot National Bancorp announces over $50M private placement, departure of CEO David Lowery
C3 - Mar-20-25 05:13PM 05:00PM - Patriot National Bancorp Announces Over $50 Million Private Placement
C4 - Feb-24-25 11:37AM - Patriot warns of quarterly loss, progresses on capital raise
C5 - Jan-22-25 07:13AM - Patriot Bank, OCC ink deal over troubled condition
C6 - Jan-03-25 07:55AM - Patriot National taps new president to help in capital raise
C7 - Oct-10-24 09:04PM - Siguler Guff Advisers, LLC Adjusts Stake in Patriot National Bancorp Inc
C8 - Jun-25-24 06:53AM - PNBK Stock Earnings: Patriot Ntl Bancorp Reported Results for Q1 2024
Prior AI Reports for PNBK:
1. 2025-03-21 – Score: 1 – Target: 1.3900 – Highs: 1.5800 / 1.4500 / 1.40
patriot-national-bancorp-faces-downhill-battle-amid-high-debt-and-sliding-sales
(Note: Highs = Same day / 2nd day / 3rd day)
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 [2025-04-01 06:21:23 -0400] 2 Bytes | 2 tokens | Cum: 607 tkns (7.59% of 8k)
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C1
PNBK_OUT_3 [2025-04-01 06:21:28 -0400] 1104 Bytes | 291 tokens | Cum: 898 tkns (11.22% of 8k)
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Showing C1 (chunk 1 of 5): C1:
**Patriot National raises $50M, CEO exits**
Date: Mar-24-25 08:18AM
Source: (Banking Dive)
URL: https://finance.yahoo.com/m/a252025d-021e-3585-a37a-49bfa5400f7e/patriot-national-raises-%2450m%2C.html
This story was originally published onBanking Dive. To receive daily news and insights, subscribe to our free dailyBanking Dive newsletter.
Patriot National Bancorp has raised more than $50 million in a private placement and confirmed the exit of its CEO, David Lowery.
Lowery will depart the company April 15 “to pursue other opportunities,” Patriot said in aSecurities and Exchange Commission filing. He will also step down from his board director position. Lowery, who was appointed president and CEO in April 2023, announced his resignation Thursday.
That leavesSteven Sugarmanas the Stamford, Connecticut-based lender’s highest-ranking executive. He was named president and a board membe
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
PNBK_IN_4 [2025-04-01 06:21:28 -0400] 449 Bytes | 92 tokens | Cum: 990 tkns (12.38% of 8k)
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Patriot National Bancorp has raised over $50 million through a private placement. The company also confirmed that its CEO, David Lowery, will be leaving the company on April 15th to pursue other opportunities. Lowery, who was appointed president and CEO in April 2023, will also step down from his board director position. Following Lowery's departure, Steven Sugarman will be the highest-ranking executive at the Stamford, Connecticut-based lender.
PNBK_OUT_5 [2025-04-01 06:21:28 -0400] 885 Bytes | 286 tokens | Cum: 1276 tkns (15.95% 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 - 2025-03-28T11:03:20Z - North American Morning Briefing: Tariff Jitters -2-...
A2 - 2025-03-27T13:21:52Z - Pre-market Movers: GTEC, SLNO, RGLS, OSRH, SNX......
A3 - 2025-03-21T13:00:00Z - Pre-market Movers: ALUR, IBO, PNBK, RNAZ, DSS....
A4 - 2025-03-21T10:21:07Z - Why Ouster Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket - AuthID (NAS...
A5 - 2025-03-21T09:48:39Z - US Stocks Likely To Open Lower, But 'Economic Conditions Don't Signal A Downturn,' Say Analysts As T...
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 [2025-04-01 06:21:28 -0400] 2 Bytes | 2 tokens | Cum: 1278 tkns (15.97% of 8k)
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A1
PNBK_OUT_7 [2025-04-01 06:21:34 -0400] 1098 Bytes | 336 tokens | Cum: 1614 tkns (20.18% of 8k)
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Showing A1 (chunk 1 of 5): A1:
**North American Morning Briefing: Tariff Jitters -2-**Date: 2025-03-28Source: {'uri': 'morningstar.com', 'dataType': 'news', 'title': 'Morningstar'}URL: https://www.morningstar.com/news/dow-jones/202503283256/north-american-morning-briefing-tariff-jitters-200:01/UK: Mar CBI Growth Indicator and Service Sector Survey
07:45/FRA: Feb Household consumption expenditure in manufactured goods
07:45/FRA: Mar Provisional CPI
08:55/GER: Mar Labour market statistics (incl unemployment)
14:00/US: Mar University of Michigan Survey of Consumers - final
All times in GMT. Powered by Kantar Media and Dow Jones.
Adverum Biotechnologies Inc (ADVM) is expected to report for 4Q.
Aerovate Therapeutics Inc (AVTE) is expected to report $-0.19 for 4Q.
AgEagle Aerial Systems Inc (UAVS) is expected to report for 4Q.
Aimia Inc (AIM.T) is expected to report for 4Q.
Alaunos Therapeutics Inc (TCRT) is e
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
PNBK_IN_8 [2025-04-01 06:21:34 -0400] 656 Bytes | 138 tokens | Cum: 1752 tkns (21.90% of 8k)
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This news briefing covers a range of economic data releases and earnings reports for the day. Some notable economic data include the Mar CBI Growth Indicator and Service Sector Survey from the UK, Feb Household consumption expenditure in manufactured goods and Mar Provisional CPI from France, Mar Labour market statistics from Germany, and Mar University of Michigan Survey of Consumers from the US.
In terms of earnings reports, companies such as Adverum Biotechnologies Inc (ADVM), Aerovate Therapeutics Inc (AVTE), AgEagle Aerial Systems Inc (UAVS), Aimia Inc (AIM.T), and Alaunos Therapeutics Inc (TCRT) are expected to report for the fourth quarter.
PNBK_OUT_9 [2025-04-01 06:21:35 -0400] 857 Bytes | 276 tokens | Cum: 2028 tkns (25.35% 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 [2025-04-01 06:21:35 -0400] 2 Bytes | 2 tokens | Cum: 2030 tkns (25.37% of 8k)
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B1
PNBK_OUT_11 [2025-04-01 06:21:38 -0400] 510 Bytes | 152 tokens | Cum: 2182 tkns (27.27% 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
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
PNBK_IN_12 [2025-04-01 06:21:38 -0400] 404 Bytes | 71 tokens | Cum: 2253 tkns (28.16% of 8k)
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The article announces the second quarter results of Patriot, highlighting increases in loan balances, credit reserves, and liquidity. No specific figures or details were provided in this summary. Further information might include financial data such as revenue, net income, or earnings per share. More context would also be helpful, such as comparisons to previous quarters or the same quarter last year.
PNBK_OUT_13 [2025-04-01 06:21:38 -0400] 1123 Bytes | 316 tokens | Cum: 2569 tkns (32.11% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.
S1 - 2025-03-26 8-K Item 1.01. Entry into a Material Definitive Agrmt.
On March 20, 2025, Patriot National Bancorp, Inc. (the Company) completed its $57.75 million private placement of: (i) shares of the Companys common stock, par value $0.01 per share (Common Stock), at a purchase price of $0...
S2 - 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 - 2025-03-20 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...
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 [2025-04-01 06:21:38 -0400] 2 Bytes | 2 tokens | Cum: 2571 tkns (32.14% of 8k)
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S1
PNBK_OUT_15 [2025-04-01 06:21:44 -0400] 1098 Bytes | 309 tokens | Cum: 2880 tkns (36.00% of 8k)
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Showing S1 (chunk 1 of 3): S1:
Item 1.01. Entry into a Material Definitive Agreement.
On March 20, 2025, Patriot National Bancorp, Inc. (the Company) completed its $57.75 million private placement of: (i) shares of the Companys common stock, par value $0.01 per share (Common Stock), at a purchase price of $0.75 per share, and (ii) shares of a new series of the Companys preferred stock, no par value per share, designated as Series A Non-Cumulative Perpetual Convertible Preferred Stock (the Series A Preferred Stock), with a liquidation preference of $60 per share (the Private Placement).
The Private Placement included the issuance of: (i) 60,400,106 shares of Common Stock at a purchase price of $0.75 per share, and (ii) 90,832 shares of Series A Preferred Stock, convertible, in the aggregate, into 7,266,560 shares of Common Stock.
In addition, as part of the Private Placement, on March 20, 2025, the Companys a
--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)
PNBK_IN_16 [2025-04-01 06:21:44 -0400] 459 Bytes | 106 tokens | Cum: 2986 tkns (37.33% of 8k)
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S1:
Patriot National Bancorp, Inc. completed a $57.75 million private placement on March 20, 2025. This involved the sale of shares of its common stock at $0.75 per share and shares of a new series of preferred stock with a liquidation preference of $60 per share. The private placement included the issuance of over 60 million shares of common stock and about 90,832 shares of Series A Preferred Stock, convertible into over 7 million shares of Common Stock.
PNBK_OUT_17 [2025-04-01 06:21:54 -0400] 4204 Bytes | 1205 tokens | Cum: 4191 tkns (52.39% of 8k)
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This is our set of metrics.
Please analyze the numbers.
+--------------------+-----------------------+------------------------+----------------------+
| Volume: 67,371 | Perf Month: 6.42% | Option/Short: No / Yes | Sales Y/Y TTM: 3.86% |
+--------------------+-----------------------+------------------------+----------------------+
| Avg Volume: 1.39M | Perf Quarter: -42.00% | Short Float: 13.73% | ROE: -104.43% |
+--------------------+-----------------------+------------------------+----------------------+
| Rel Volume: 0.05 | Index: - | Short Ratio: 0.21 | ROI: -20.98% |
+--------------------+-----------------------+------------------------+----------------------+
| RSI (14): 46.17 | Market Cap: 4.63M | Short Interest: 0.30M | Sales Surprise: - |
+--------------------+-----------------------+------------------------+----------------------+
| ATR (14): 0.16 | Shs Outstand: 3.98M | Beta: 0.07 | EPS Surprise: - |
+--------------------+-----------------------+------------------------+----------------------+
| SMA20: 0.19% | Shs Float: 2.16M | Sales Q/Q: -8.07% | P/E: - |
+--------------------+-----------------------+------------------------+----------------------+
| SMA50: -14.68% | Inst Own: 11.46% | Sales past 5Y: 11.14% | Earnings: - |
+--------------------+-----------------------+------------------------+----------------------+
| SMA200: -33.25% | Insider Own: 45.99% | Employees: - | |
+--------------------+-----------------------+------------------------+----------------------+
| Perf Week: -12.78% | Insider Trans: 0.00% | Debt/Eq: 7.56 | |
+--------------------+-----------------------+------------------------+----------------------+
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: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A
[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: 1.16
Average Volume: 1179352.81
30-Day High: 1.52
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: N/A
- Gross Profit: N/A
- Operating Income: N/A
- 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: N/A
- Gross Profit: N/A
- Operating Income: N/A
- 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_18 [2025-04-01 06:21:54 -0400] 809 Bytes | 193 tokens | Cum: 4384 tkns (54.80% of 8k)
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1) Brief Summary: The company has experienced a significant decrease in performance this quarter, with a -42.00% performance quarter and a -33.25% SMA200. This downtrend is further reflected in the sales Q/Q which stands at -8.07%. The high insider ownership of 45.99% could suggest confidence from management, but the high debt to equity ratio of 7.56 is concerning. With negative ROE and ROI, the financial health and profitability of the company are at risk.
2) MARKET_SCORE[20]: Given the current financial indicators, there's a 20% likelihood of upward movement.
3) PRICE_TARGET[$1.40]: Considering the current financial situation, the price target is $1.40, which is a 20% increase from the current price of $1.16.
4) AI_RPT_HEADLINE: "Company Struggles with Negative Performance and High Debt Load"
PNBK_OUT_19 [2025-04-01 06:21:56 -0400] 676 Bytes | 167 tokens | Cum: 4551 tkns (56.89% 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_20 [2025-04-01 06:21:56 -0400] 94 Bytes | 28 tokens | Cum: 4579 tkns (57.24% of 8k)
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-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
PNBK_IN_21 [2025-04-01 06:21:56 -0400] 126 Bytes | 29 tokens | Cum: 4608 tkns (57.60% of 8k)
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[2025-04-01 06:21:56] # Analysis Completed
Elapsed Time: 34.18 seconds