|Day Low/High||16.55 / 17.10|
|52 Wk Low/High||12.57 / 18.66|
Patriot Announces 28% increase in Earnings from Q3 2016 and Sharp Rise in Deposits & Loans; Net Income Doubles from Q4 2015
Strong numbers fueled by improvements in earnings, loan and deposit growth
Some 100 Employees Granted Company Stock, Giving Them Equity in the Company and a Personal Investment in Its Future
Ranked Among Top Performing Banks in America & Only One in New England
Strengthened by Reversal of the Valuation Allowance on Deferred Tax Assets
Patriot National Bancorp (Nasdaq:PNBK) has been upgraded by TheStreet Ratings from a sell to hold.
Upgrades: AMED, CATM, DTLK, ENB, GMED, HIW, JMBA, MCEP, NTP, PHH, PNBK, VIRC Downgrades: AMRI, ASEI, ELGX, EVER, ININ, KRNY, LDR, MHR, PVA, QADB, SPWR, USM Initiations: TMUS Read on to get TheStreet Quant Ratings' detailed report:
Patriot National Bancorp (PNBK) exploded more than 30% to a 52-week high of $2.38 on Thursday on heavier-than-average volume.
Patriot National Bancorp, Inc. (NASDAQ:PNBK) (“Patriot”), the parent of Patriot National Bank (the “Bank”), today reported it earned $909,000, or $0.